Qualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026]
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
![Qualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026]](https://shattered.io/wp-content/uploads/2026/11/qualcomm-slides-6-percent-supply-costs-chip-margin-guide-20-22-percent-2026-gen.webp)
Qualcomm earnings beat on $10.4B revenue, but a 20 chip margin guide and EPS midpoint of $2.25 sent shares down 6%+ after hours.
Directly affected
- QCOM Qualcomm-15.4% 30d
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR+6.9% 13d
Technology Select Sector SPDR holds the technology sector that Qualcomm belongs to, so it often moves with news about it.
- MSI Motorola Solutions+7.6% 6d
Motorola Solutions is a peer of Qualcomm in radio and tv broadcasting and communications equipment; rivals often move on the same news.
- PL Planet Labs PBC-17.5% 30d
Planet Labs PBC is a peer of Qualcomm in radio and tv broadcasting and communications equipment; rivals often move on the same news.
- ONDS Ondas-21.9% 18d
Ondas is a peer of Qualcomm in radio and tv broadcasting and communications equipment; rivals often move on the same news.
- NOK Nokia Oyj
Nokia Oyj is a peer of Qualcomm in radio and tv broadcasting and communications equipment; rivals often move on the same news.
- ERIC Telefonaktiebolaget LM Ericsson (publ)-5.6% 8d
Telefonaktiebolaget LM Ericsson (publ) is a peer of Qualcomm in radio and tv broadcasting and communications equipment; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| QCOM | +6.71% | -6.82% | base | after close | after close | after close | after close |
| XLK | +6.96% | -1.25% | base | after close | after close | after close | after close |
| MSI | -0.78% | -1.74% | base | after close | after close | after close | after close |
| PL | +13.04% | +2.53% | base | after close | after close | after close | after close |
| ONDS | +30.71% | +9.38% | base | after close | after close | after close | after close |
| NOK | +12.73% | +0.61% | base | after close | after close | after close | after close |
| ERIC | +0.81% | +0.18% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Qualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026] shattered.io
Source: shattered.io
This story
| Company | When | Move | Status |
|---|---|---|---|
| ERIC | three days earlier | +0.18% | final price |
| ERIC | five days earlier | +0.81% | final price |
| MSI | three days earlier | -1.74% | final price |
| MSI | five days earlier | -0.78% | final price |
| NOK | three days earlier | +0.61% | final price |
| NOK | five days earlier | +12.73% | final price |
| ONDS | three days earlier | +9.38% | final price |
| ONDS | five days earlier | +30.71% | final price |
| PL | three days earlier | +2.53% | final price |
| PL | five days earlier | +13.04% | final price |
| QCOM | three days earlier | -6.82% | final price |
| QCOM | five days earlier | +6.71% | final price |
| XLK | three days earlier | -1.25% | final price |
| XLK | five days earlier | +6.96% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Qualcomm (QCOM) (held by a spouse), worth $15,001 - $50,000 on 24 Aug 2026. That is 73 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Motorola Solutions (MSI) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Qualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026]” looks
12 out of 100
“Qualcomm Earnings: Shares Slide 6%+ on Cost Squeeze [2026]” scores 12 out of 100. The score uses 1 sources.