Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.Here's how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29:Earnings per share: $3.41, adjusted, vs. $2.96 estimatedRevenue: $11.67 billion vs. $10.93 billion estimatedRevenue in the quarter rose 18% from $9.92 billion a year ago. Shares rose over 1% in extended trading. For the March quarter, Qualcomm said it expects revenue of between $10.2 bill ...

Qualcomm Inc QCOM will release its first quarter fiscal 2025 financial results, after the closing bell, on Wednesday.Analysts expect the San Diego, California-based company to report quarterly earnings at $2.96 per share, up from $2.75 per share in the year-ago period. Qualcomm projects quarterly revenue of $10.9 billion, compared to $9.92 billion a year earlier, according to data from Benzinga Pro.On Jan. 17, Barclays analyst Tom O’Malley maintained Qualcomm with an Overweight rating and lowered the price ...

Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was trained using limited resources but is competent enough to match the performance of more powerful and expensive models from the likes of OpenAI.Of course, there are concerns about the veracity of the claims that DeepSeek is making about the costs incurred to train its AI model as well as the type of chips it has access to. But it cannot ...

Qualcomm Incorporated (QCOM) is scheduled to report first-quarter fiscal 2025 earnings on Feb. 5, 2025. The Zacks Consensus Estimate for revenues and earnings is pegged at $10.92 billion and $2.93 per share, respectively. Earnings estimates for QCOM have improved from $11.17 per share to $11.21 for fiscal 2025 and from $12.23 per share to $12.32 for fiscal 2026 over the past 30 days.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.QCOM Estimate TrendImage Source: Zacks Investment Resea ...

Analysts on Wall Street project that Qualcomm (QCOM) will announce quarterly earnings of $2.93 per share in its forthcoming report, representing an increase of 6.6% year over year. Revenues are projected to reach $10.92 billion, increasing 9.9% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this tim ...

Core Viewpoint - Qualcomm is expected to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on February 5, 2025, with a consensus EPS estimate of $2.93, reflecting a +6.6% change year-over-year, and revenues projected at $10.92 billion, up 9.9% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.93% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Qualcomm is higher than the consensus estimate, resulting in a positive Earnings ESP of +3.34%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - Qualcomm has a history of beating consensus EPS estimates, having done so in the last four quarters, with a recent surprise of +5.08% when it reported earnings of $2.69 per share against an expectation of $2.56 [12][13]. Investment Considerations - While a positive earnings surprise is a strong predictor of stock performance, other factors may also influence stock movement, making it essential to consider the broader context [14][16].

Amid the race to compete in artificial intelligence (AI), investors interested in this sector have tended to ignore Qualcomm (QCOM 0.22%). Part of the reason for this is that the longtime leader in smartphone chipsets is at a bit of a crossroads regarding its future as it seeks to diversify its product offerings away from smartphones. Additionally, the struggles Apple is seeing selling AI-enabled phones and the fact that Apple appears ready to drop Qualcomm as a chipset supplier have led some investors to s ...

Core Viewpoint - Qualcomm's stock performance has shown resilience, with a notable appreciation over the past month, outperforming both the Computer and Technology sector and the S&P 500 index [1][2]. Financial Performance Expectations - Qualcomm is set to announce its earnings on February 5, 2025, with an expected EPS of $2.93, reflecting a 6.55% increase year-over-year. Revenue is anticipated to reach $10.92 billion, indicating a 9.9% rise from the same quarter last year [2]. - For the full year, analysts project earnings of $11.21 per share and revenue of $42.3 billion, representing increases of 9.69% and 8.57% respectively compared to the previous year [3]. Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates for Qualcomm suggest a positive outlook, with the Zacks Consensus EPS estimate rising by 0.44% in the past month. Qualcomm currently holds a Zacks Rank of 2 (Buy) [3][5]. - The Zacks Rank system has a strong historical performance, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5]. Valuation Metrics - Qualcomm's Forward P/E ratio stands at 15.27, which is lower than the industry average of 15.62, indicating a potential valuation opportunity [5]. - The company has a PEG ratio of 2.32, which is favorable compared to the Wireless Equipment industry's average PEG ratio of 3.41 [6]. Industry Context - The Wireless Equipment industry, part of the broader Computer and Technology sector, is currently ranked 83 in the Zacks Industry Rank, placing it in the top 34% of over 250 industries [6][7].

Core Viewpoint - The article discusses the investment position of Parkev Tatevosian, CFA, and highlights the involvement of The Motley Fool in recommending Qualcomm, indicating a potential investment opportunity in the company [1]. Group 1 - Parkev Tatevosian has no position in any of the stocks mentioned, which suggests an impartial analysis of the market [1]. - The Motley Fool has positions in and recommends Qualcomm, indicating a positive outlook on the company's future performance [1]. - The Motley Fool has a disclosure policy, ensuring transparency regarding its investment recommendations [1].

Core Insights - Qualcomm Inc (QCOM) has received an Overweight rating from JP Morgan analyst Samik Chatterjee, highlighting its strong position in the mobile processor market [1] - The recent launch of Samsung's flagship smartphone S25, which utilizes Snapdragon chipsets across all variants, signifies a share gain for Qualcomm compared to the previous S24 model [1][4] Market Position and Revenue Impact - Qualcomm's regained share at Samsung emphasizes its technological leadership in mobile processors, with expansion into automotive and IoT markets [2] - Chatterjee estimates that the incremental revenue opportunity from the share gain amounts to $2 billion within the Handset Total Addressable Market (TAM), contributing approximately $0.63 to earnings per share (EPS), which is about 5% of the fiscal 2025E EPS consensus [2][4] Shipment Estimates - The incremental share gain with the S25 is estimated to be around 12 million units, with prior-generation S24 shipments projected at nearly 40 million units in 2024, including 20 million for high-end Ultra models [3][4] - Qualcomm's share in the previous flagship S24 was approximately 70%, which is expected to increase to 100% in the S25, leading to an estimated incremental revenue of $2 billion [4] Stock Performance and Investor Sentiment - Qualcomm has been placed on Positive Catalyst Watch for the upcoming earnings report, with expected share gains at Samsung as a key driver [5] - The stock has surged 13% over the last 12 months, although it was down 0.41% to $173.64 at the last check [5]