SKN | Qualcomm Stock Forecast: QCOM Nears US$160 Support Ahead of Q4 Earnings
Stock Analysis Qualcomm Approaches Earnings With Pressure on Its Core Business Qualcomm (NASDAQ: QCOM) is scheduled to report its fiscal fourth-quarter 2026 results after the U.S. market close on November 4. Consensus estimates point to year-over-year declines in both revenue and earnings per share, reflecting continued pressure in the company’s core handset business. The upcoming report will provide investors with an opportunity to assess the extent of that weakness and whether growth in other business segments can help offset the decline. Automotive and Internet of Things (IoT) operations have shown growth, but these businesses have not yet reached a scale capable of fully compensating for pressure in Qualcomm’s established handset operations. Automotive and IoT Growth Versus Data Center Ambitions Qualcomm’s diversification efforts […]