Qualcomm (QCOM) Tops Q4 EPS by 29c, Offers Guidance
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Goldman Sachs Upgrades Qualcomm (QCOM) to Buy
November 4, 2021 6:03 AM EDTGoldman Sachs analyst Rod Hall upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $194.00.
The analyst comments "We are upgrading Qualcomm to a Buy rating (from Neutral) after it reported a strong beat and raise quarter and proceeded to indicate >20%... More
Qualcomm (QCOM) Stock Rallies on Strong FQ4 Results and Outlook, Goldman Upgrades to Buy While Summit Downgrades to Hold on Valuation
November 4, 2021 6:02 AM EDTShares of Qualcomm Incorporated (NASDAQ: QCOM) are up nearly 7% in pre-open Thursday after the company reported better-than-expected Q3 results and guidance.
Qualcomm reported an FQ4 EPS of $2.55 to beat the analyst estimate of $2.26. Revenue for the quarter came in at $9.23 billion versus the consensus estimate of $8.86 billion.
As of fiscal 2021, we are exceeding our 2019 Analyst Day targets for revenue growth and diversification and operating margin expansion, while more than doubling our year-over-year Non-GAAP EPS. We are well positioned to continue to lead in mobile and enable the digital transformation of industries with our broad... More
Qualcomm (QCOM) Stock Jumps Nearly 6% on Q4 Beat
November 3, 2021 5:21 PM EDTQUALCOMM Incorporated (NASDAQ: QCOM) shares were trading nearly 6% higher after-hours following the companys reported Q4 results, with EPS coming in at $2.55, beating the consensus estimate of $2.26.Qualcomm (NASDAQ: QCOM)
Quarterly revenue was $9.23 billion (vs. Streets $8.86 billion), with QCT... More
