New York, Jan 31, 2026, 18:18 EST — Market closed.
- Qualcomm shares slipped 0.4% on Friday and held steady in after-hours trading.
- All eyes now turn to Qualcomm’s fiscal first-quarter earnings call on Feb. 4.
- Jobs data due next week in the U.S. could shake up rate expectations that have been rattling chip stocks.
QUALCOMM Incorporated shares closed Friday down 0.41% at $151.59, heading into a week packed with catalysts while the U.S. market took the weekend off. After-hours trading saw the stock slip slightly to $151.44, a 0.10% drop. (MarketWatch)
The announcement took a back seat to the broader mood. Wall Street closed down Friday after investors absorbed President Donald Trump’s choice of Kevin Warsh to head the Federal Reserve, while concerns over inflation and a potential government shutdown kept nerves frayed, pressuring rate-sensitive growth stocks. (Reuters)
Qualcomm’s next major catalyst will be earnings season. It’s among the bigger chipmakers reporting next week, joining several major tech and industrial firms whose results could quickly shift sector sentiment. (Kiplinger)
Qualcomm announced it will hold its fiscal first-quarter earnings call on Feb. 4 at 1:45 p.m. Pacific time. The company said the webcast will be available on its investor website. (Qualcomm Investor Relations)
Wall Street expects earnings per share of roughly $3.37, with revenue close to $12.23 billion, according to the consensus figures reported by Nasdaq.com. (Nasdaq)
The stock has edged down as month-end approaches. Qualcomm’s shares are down roughly 2.7% over the last five trading days on closing prices, making the stock more sensitive to any changes in guidance than just the headline figures. (StockAnalysis)
Investors will be dissecting the breakdown between chip sales and patent-licensing revenue—royalties Qualcomm collects for its wireless technology—a segment that has moved the stock sharply in previous quarters. (Reuters)
Yet the situation works both ways. Analysts often warn that Apple might gradually cut back on Qualcomm modem chips, a concern that tends to pop up again whenever the market gets cautious about phone sales. (Barron’s)
Any sign that smartphone demand is steadying—or that automotive and other non-handset segments are gaining traction—might ease jitters following the late-January dip. But even a slight miss, despite an overall beat, could trigger a tough reaction.
Traders face a busy U.S. data slate this week ahead of earnings, with labor-market reports and Fed officials set to speak. These events could alter interest-rate forecasts—and that often sets the mood for semiconductors. (Kiplinger)
Qualcomm’s Feb. 4 earnings call and Friday’s U.S. jobs report stand out as key upcoming dates. The jobs data tends to shake Treasury yields and influence tech valuations simultaneously. (Scotiabank)