Macquarie Downgrades Qualcomm (QCOM) to Neutral

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Qualcomm (QCOM) PT Cut to $80 at Credit Suisse; 'Outperform' Maintained

January 29, 2015 8:43 AM EST

Credit Suisse analyst K. Garcha lowered estimates and his price target on Qualcomm (NASDAQ: QCOM) to $80.00 (from $85.00) following earnings but maintained a Outperform rating on the stock.

Garcha notes results were overshadowed by a weak QCT outlook causing another reduction to... More

Qualcomm (QCOM) Price Target Lowered to $70 at Topeka Capital

January 29, 2015 7:53 AM EST

Topeka Capital maintained a Hold rating on Qualcomm (NASDAQ: QCOM) and lowered its price target to $70.00 (from $75.00). The change follows Q1 results and FY guidance, which misses consensus.

"QCOM reported FY1Q15 (Dec.) revenue above consensus but guided FY15 revenue and EPS below consensus... More

Northland Capital Markets Downgrades Qualcomm (QCOM) to Market Perform

January 29, 2015 7:28 AM EST

Northland Capital Markets downgraded Qualcomm (NASDAQ: QCOM) from Outperform to Market Perform and cut its price target to $70 from $85.

Analyst Tom Sepenzis commented, "QCOM reported better than expected results for its fiscal first quarter, but took guidance down for the full fiscal... More

UPDATE: Qualcomm (QCOM) Tops Q1 EPS by 8c, FY Guidance Misses Views

January 28, 2015 4:04 PM EST

(Updated - January 28, 2015 4:17 PM EST)

Qualcomm (NASDAQ: QCOM) reported Q1 EPS of $1.34, $0.08 better than the analyst estimate of $1.26. Revenue for the quarter came in at $7.1 billion versus the consensus estimate of $6.93 billion.

First Quarter Results (GAAP)*

... More