Mobile chipset major Qualcomm (NASDAQ: QCOM) is poised to publish its Q4 FY'24 results in the coming weeks. The stock has risen by a about 20% year-to-date, outperforming semiconductor peer Intel, which has plummeted by about 50% over the same period.
Qualcomm Inc QCOM stock is shooting upward after analyst Ming-Chi Kuo commented on the company's Snapdragon 8 Gen 4 shipments.
Zacks.com users have recently been watching Qualcomm (QCOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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.
Generative AI-enabled smartphones and computers could send this underperforming chip stock on a bull run.
Shares of Qualcomm Inc. took a hit Tuesday after KeyBanc Capital dropped its longtime buy call, saying the semiconductor maker hasn't been benefiting as expected from the artificial-intelligence boom and could start losing market share in the coming months.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Qualcomm (QCOM) closed at $166.94 in the latest trading session, marking a -1.16% move from the prior day.
Qualcomm's recent 35% stock decline is unjustified given strong operational performance, creating an excellent buying opportunity with a "strong buy" rating. Qualcomm beat fiscal 2024 earnings and revenue estimates, showing significant growth in the automotive segment and positive guidance for the next quarter. Key support levels at $151.39-$152.70 suggest potential for new buying activity; initial resistance is expected around $176.80 and $182.64.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.
The latest trading day saw Qualcomm (QCOM) settling at $170.05, representing a -0.05% change from its previous close.