QCOM · News · 20260827N
Guidance / Outlook
QUALCOMM INC/DE · 2026-08-27 · Importance 75 · Surprise 60 · In source text
Qualcomm’s QCT non-handset revenue is projected to reach $40 billion by fiscal 2029, reflecting its diversification beyond handsets. FQ4 2026 and fiscal 2027 are expected to show mixed handset performance, with Apple customer attrition and memory and storage supply constraints weighing on results. Data-center revenue is expected to reach an inflection point in fiscal 2027, while automotive monetization is identified as an additional growth driver. The reporting links Qualcomm’s diversification progress to prior M&A activity, although no transaction amount is specified.
Key facts
- QUALCOMM's QCT non-handset revenue guidance: $40B by FY2029. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | QUALCOMM's QCT non-handset revenue guidance: $40B by FY2029. |