Qualcomm Inc. NASDAQ: QCOM closed just under $140 on Tuesday night, continuing a steady rally off its multi-year low earlier this month. Since bottoming out at the start of April, the stock has gained nearly 15%, putting in a series of higher highs, one of the clearest bullish technical patterns around.
I maintain a "Buy" rating on Qualcomm (QCOM) due to its resilient business model, strong cash flow, and significant shareholder returns, despite recent market sell-off. Qualcomm's Q1 2025 earnings exceeded expectations with record revenues of ~$11.7 billion and non-GAAP EPS of $3.41, driven by strong QCT and IoT segment performance. Qualcomm's legal victory against Arm Holdings removes a major overhang, enhancing its expansion potential in PCs, automotive, and AI-driven devices.
Qualcomm (QCOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
After falling to a multi-year low earlier this month, shares of Qualcomm Inc. NASDAQ: QCOM have quietly bounced back, gaining 15% from that bottom to close at $139 on Tuesday night.
Qualcomm (QCOM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors interested in Electronics - Semiconductors stocks are likely familiar with Qualcomm (QCOM) and Applied Materials (AMAT). But which of these two companies is the best option for those looking for undervalued stocks?
Qualcomm (QCOM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Qualcomm (QCOM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Qualcomm (QCOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
A key technical indicator is now flashing a signal that should be on every trader's radar. Qualcomm's relative strength index (RSI) closed yesterday at 25, putting it deep into oversold territory.
Qualcomm (QCOM) closed the most recent trading day at $129.72, moving +1.77% from the previous trading session.