Qualcomm reported mixed Q3 earnings with revenue of $9.95 billion surpassing estimates, but earnings per share (EPS) of $2.21 fell slightly short of the $2.22 forecast and declined from last year. The company faces rising operational costs and a global supply shortage of computer components, impacting profitability. Qualcomm plans to raise chip prices and issued a cautious outlook with adjusted EPS expected between $2.05 and $2.25, below analyst expectations. Goldman Sachs maintains a neutral rating, reflecting balanced short-term prospects.
Qualcomm reported Q3 adjusted EPS of $2.21, slightly below expectations, with revenue of $9.95 billion, beating estimates but down 4% year-over-year. Net income fell 25% on a GAAP basis, reflecting challenges in memory and supply costs. The company s...
Qualcomm's stock fell over 9% recently following its earnings report, but Wall Street remains optimistic with 14 analysts issuing ratings. Baird raised its 12-month price target to $400, suggesting a 172.6% upside, citing reduced reliance on Apple an...
US stock futures rose following strong earnings from Microsoft, which surged nearly 9% in pre-market trading after beating revenue and earnings forecasts. This helped technology stocks recover from a sharp sell-off triggered by the Federal Reserve's ...
Qualcomm is trading at a low valuation of 12.9x forward GAAP earnings, below sector and historical averages, making it an attractive buy. While its handset segment faces a 20% revenue decline due to memory supply issues, the company’s pivot to automo...
In Q2 2026, Aristotle Capital's Global Equity WM Composite achieved a net return of 6.40%, falling short of the MSCI ACWI Index's 14.93% and MSCI World's 13.76%. The firm adjusted its portfolio by selling Danaher, Dolby Laboratories, and Tokyo Centur...
