Shares of tech giant Qualcomm Inc. NASDAQ: QCOM have been stuck in a holding pattern for months, but recent signs point to a shift in momentum. After a largely sideways trend since July, the stock has gained 10% since December.
Qualcomm (QCOM -0.80%) shares fell despite the semiconductor company reporting robust fiscal first-quarter results and issuing upbeat guidance. The stock is up just over 15% over the past year as of this writing, but off about 28% from the high it hit in June.
It's not often that the stock market offers investors an opportunity to take advantage of discounts on some of the biggest names out there. However, when it comes to earnings season, that usually changes after stocks swing heavily in one way or the other after announcing their financial figures.
Record automotive and handset revenues enable QCOM to beat first-quarter fiscal 2025 earnings estimates.
Jenny Horne dives into the Qualcomm (QCOM) earnings report to find out why the stock is lower after an earnings beat. 1Q adj. EPS checked in at $3.41, or up 24% from a year ago.
John Vinh, KeyBanc Capital Markets equity research analyst, joins 'Squawk Box' to break down Qualcomm's quarterly earnings results, impact of China's DeepSeek AI on the AI tech race, and more.
Qualcomm (QCOM) stock is falling 5% in premarket trading Thursday, a day after the company's lower-than-estimated licensing revenue offset record quarterly sales.
Shares in Qualcomm fell more than 3% in Frankfurt on Thursday as a disappointing forecast for no growth in its patent licensing business overshadowed a higher-than-expected outlook for sales and profits.
Qualcomm (QCOM) notched another big beat on its Q1 bottom line, with earnings of $3.41 per share flying past the $2.93 for the Zacks consensus.
QUALCOMM Incorporated (NASDAQ:QCOM ) Q1 2025 Earnings Conference Call February 5, 2025 4:45 PM ET Company Participants Mauricio Lopez-Hodoyan - VP of IR Cristiano Amon - President and CEO Akash Palkhiwala - CFO and COO Alex Rogers - President, QTL & Global Affairs Conference Call Participants Joshua Buchalter - TD Cowen Samik Chatterjee - JPMorgan Stacy Rasgon - Bernstein Research Chris Caso - Wolfe Research Ross Seymore - Deutsche Bank Timothy Arcuri - UBS Tal Liani - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the Qualcomm First Quarter Fiscal 2025 Earnings Conference Call.
CNBC's Jon Fortt joins 'Fast Money' to recap his conversation with Qualcomm CEO Cristiano Amon.
The headline numbers for Qualcomm (QCOM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.