Qualcomm Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

QUALCOMM Incorporated (NASDAQ:QCOM) will release its third quarter earnings report after the closing bell on Wednesday, July 29.

Analysts expect the San Diego, California-based company to report quarterly earnings of $2.22 per share, down from $2.77 per share in the year-ago period. The consensus estimate for Qualcomm’s quarterly revenue is $9.67 billion. It reported $10.37 billion last year, according to Benzinga Pro.

On July 22, Qualcomm expanded its collaboration with Samsung to expand use of Snapdragon to power new Galaxy lineup of smartphones, watches and intelligent eyewear.

Qualcomm shares fell 4.2% to close at $162.88 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• TD Cowen analyst Joshua Buchalter maintained a Buy rating and raised the price target from $200 to $225 on July 13, 2026. This analyst has an accuracy rate of 60%.
• Mizuho analyst Vijay Rakesh maintained a Neutral rating and increased the price target from $170 to $210 on June 29, 2026. This analyst has an accuracy rate of 84%.
• Benchmark analyst Cody Acree maintained a Buy rating and boosted the price target from $225 to $300 on June 25, 2026. This analyst has an accuracy rate of 88%.
• Barclays analyst Tom O’Malley maintained an Underweight rating and increased the price target from $150 to $245 on June 25, 2026. This analyst has an accuracy rate of 85%.
• UBS analyst Timothy Arcuri maintained a Neutral rating and raised the price target from $170 to $235 on June 25, 2026. This analyst has an accuracy rate of 88%.

Considering buying QCOM stock? Here’s what analysts think:

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