Qualcomm Earnings Surprise Wall Street — Here’s What Q4 Could Deliver

Semiconductor heavyweight Qualcomm Incorporated topped expectations in its latest quarterly report, posting both stronger‑than‑forecast earnings per share and revenue growth exceeding 10 % year‑over‑year. Management also raised forward guidance, highlighting its expanding exposure in automotive and IoT as the company diversifies beyond smartphones. Analysts reacted positively: most still assign a “Moderate Buy” rating with a 12‑month target price near $190. That said, the stock dipped slightly after the report despite the strong numbers, likely reflecting investor caution following a recent ~50 % rally. Going into Q4, Qualcomm’s key test will be maintaining momentum across multiple growth drivers while proving it can shed its cyclical tech‑reliant image. #Qualcomm #EarningsBeat #SemiconductorGrowth #TechDiversification #SlimScan #GrowthStocks #CANSLIM