Qualcomm (QCOM) Stock Jumps Nearly 6% on Q4 Beat

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Go back to Qualcomm (QCOM) Stock Jumps Nearly 6% on Q4 Beat

Goldman Sachs Upgrades Qualcomm (QCOM) to Buy

November 4, 2021 6:03 AM EDT

Goldman 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) Tops Q4 EPS by 29c, Offers Guidance

November 3, 2021 4:02 PM EDT

Qualcomm (NASDAQ: QCOM) reported Q4 EPS of $2.55, $0.29 better than the analyst estimate of $2.26. Revenue for the quarter came in at $9.23 billion versus the consensus estimate of $8.86 billion.

GUIDANCE:

Qualcomm sees Q1 2022 revenue of $10-10.8 billion, versus the consensus of $9.7... More