Qualcomm Rises 0.97% Despite 48.53% Volume Drop to 42nd Rank Q3 Earnings Surpass Estimates Fuel AI and IoT Expansion

On August 1, 2025, Qualcomm (QCOM) closed at $148.15, rising 0.97% with a trading volume of 1.88 billion, down 48.53% from the previous day. The stock ranked 42nd in daily trading activity. The company reported fiscal Q3 2025 earnings exceeding expectations, with revenue of $10.37 billion and adjusted EPS of $2.77, surpassing consensus estimates. Guidance for Q4 2025 indicates revenue of $10.7 billion at the midpoint, slightly above analyst forecasts.

Qualcomm’s strategic expansion into automotive and IoT segments drove growth, with automotive revenue reaching $984 million and IoT revenue rising 24% year-on-year. The firm highlighted design wins in smart glasses and AI PCs, leveraging Snapdragon and Dragonwing platforms to strengthen edge computing capabilities. Analysts noted the diversification strategy as a hedge against potential revenue declines from non-Apple handset markets, though concerns persist over dependency on high-end chip sales.

Wall Street analysts issued mixed ratings, with 8 firms assigning “Buy” or “Overweight” designations and 1 firm issuing a “Sell.” Price targets ranged from $157 to $225, reflecting optimism about AI-driven growth. Institutional investors adjusted holdings, with some hedge funds increasing stakes while others reduced positions. Insider trading activity saw executives selling shares, though congressional members added to their holdings in recent months.

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