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5 Qualcomm Analysts Highlight Q2 Results, Q3 Guidance: 'Solid Beat And Raise Amid Carnage Elsewhere In Smartphone Land'
Thursday, May 2, 2024 - 11:21am | 807Technology company Qualcomm Inc (NASDAQ:QCOM) reported second-quarter financial results Wednesday that saw revenue and earnings per share beat estimates from analysts. Analysts share their takes on the quarter and what's ahead for the company. Cantor Fitzgerald analyst C.J. Muse has a Neutral...
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Qualcomm Shares Slide After Q2 Print, 4 Analysts Express Concern Around Outlook
Thursday, May 4, 2023 - 12:00pm | 507Shares of Qualcomm Inc (NASDAQ: QCOM) plummeted in early trading on Thursday, after the company reported mixed results for its fiscal second quarter and issued weak guidance. Here are some key analyst takeaways from the earnings call. Oppenheimer analyst Rick Schafer reiterated a Perform rating on...
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'The Hard Reset': 3 Qualcomm Analysts Slash Price Targets After Guidance Miss
Thursday, November 3, 2022 - 12:28pm | 408Qualcomm, Inc. (NASDAQ: QCOM) reported a revenue beat for its fiscal fourth quarter, but announced earnings in-line with expectations and guidance that missed Street expectations. Morgan Stanley On Qualcomm Analyst Joseph Moore maintained an Overweight rating on Qualcomm while reducing the...
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Qualcomm Analysts Highlight Samsung Partnership Extension, Product Diversification After Q3 Earnings
Thursday, July 28, 2022 - 11:11am | 477Analysts sized up the third-quarter results from Qualcomm Inc (NASDAQ: QCOM) and what the fourth-quarter guidance could mean for the company and its share price. The Qualcomm Analysts: Wells Fargo analyst Gary Mobley has an Equal Weight rating on Qualcomm and raised the price target from...
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4 Analyst Takeaways Of Seagate Technology's Q1 Earnings
Friday, July 22, 2022 - 11:57am | 572Seagate Technology Holdings PLC (NASDAQ: STX) reported its quarterly revenue at $2.6 billion, down 13% year-on-year, and non-GAAP profits at $1.59 per share, with both metrics below Street expectations. The company’s projection was $1.90 a share. Rosenblatt Securities On Seagate...
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Qualcomm Rallies Off Q2 Earnings: Takeaways From 4 Analysts
Thursday, April 28, 2022 - 12:30pm | 445Qualcomm, Inc. (NASDAQ: QCOM) reported second-quarter revenue of $11.16 billion Wednesday, a whopping 41% expansion driven by Android phone chip sales. The company posted earnings of $3.21 per share, up 69% year-over-year, crushing Street expectations. KeyBanc Capital Markets On Qualcomm:...
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Ambarella Analysts Laud Accelerating Computer Vision Momentum Following Blowout Q2
Wednesday, September 1, 2021 - 3:46pm | 743Ambarella, Inc. (NASDAQ: AMBA), a provider of home security and professional surveillance solutions, reported Tuesday with better-than-expected second-quarter results and issued upbeat guidance for the third quarter. The Ambarella Analysts: Morgan Stanley analyst Joseph Moore maintained an...
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4 Qualcomm Analysts On 'Capacity-Constrained' Quarter, 2021 Outlook
Thursday, February 4, 2021 - 6:45pm | 800QUALCOMM, Inc. (NASDAQ: QCOM) shares pulled back Thursday in the wake of the company's first-quarter report. The Qualcomm Analysts: Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Qualcomm shares and upped the price target from $175 to $180. Morgan...
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Ambarella Analysts Boost Price Targets After Beat-And-Raise Q3
Tuesday, November 24, 2020 - 4:25pm | 814Ambarella Inc (NASDAQ: AMBA) shares were advancing Tuesday after the video processing chipmaker reported above-consensus quarterly results and issued an upbeat forecast. The Ambarella Analysts: Rosenblatt Securities analyst Kevin Cassidy has a Buy rating on Ambarella shares and increased the...
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Qualcomm Analysts Hike Targets On 'Stunning' Q4 Results, Expect 5G Boost
Thursday, November 5, 2020 - 1:05pm | 761QUALCOMM, Inc. (NASDAQ: QCOM) shares were trading notably higher Thursday after the chipmaker issued a strong quarterly report. The Qualcomm Analyst: BofA analyst Tal Liani reiterated a Buy rating on Qualcomm shares and increased the price target from $165 to $180. Piper Sandler analyst Harsh...
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Why Skyworks Solutions Is Ripe For Revenue Growth Thanks To 5G
Friday, September 11, 2020 - 11:13am | 242Skyworks Solutions Inc. (NASDAQ: SWKS) seems well-positioned to benefit from radio frequency front-end solutions for 5G-enabled devices going into production over the next year, according to Rosenblatt Securities. The Skyworks Solutions Analyst: Kevin Cassidy initiated coverage of Skyworks...
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ON Semiconductor Analysts Lift Price Targets After Q2 Results, See Revenue Recovery In 2021
Tuesday, August 11, 2020 - 2:34pm | 717ON Semiconductor Corp (NASDAQ: ON) reported forecast-beating second-quarter results Monday and guided to an in-line third quarter. The ON Semiconductor Analysts: Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on On Semiconductor shares and increased the price target...
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Qualcomm Analysts Hail Huawei Settlement As Asserting Company's 5G Tech Leadership
Thursday, July 30, 2020 - 12:45pm | 693QUALCOMM, Inc. (NASDAQ: QCOM) shares are advancing strongly Thursday in reaction to solid quarterly results reported by the wireless technology company and a long-term patent agreement it announced with Huawei. The Qualcomm Analysts Rosenblatt Securities analyst Kevin Cassidy maintained a Buy...
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Why Rosenblatt Securities Is Bullish On Ambarella: Computer Vision, 'Sticky' Consumers, Revenue Growth
Tuesday, June 23, 2020 - 3:41pm | 408Ambarella Inc (NASDAQ: AMBA) has solidified its status as the leader in video capture, compression and transmission processors and should now be considered a leader in computer vision, according to Rosenblatt Securities. The Ambarella Analyst: Kevin Cassidy initiated coverage of Ambarella with...
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Rosenblatt Says Buy Seagate And Hold Western Digital
Monday, June 8, 2020 - 1:30pm | 273While Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp (NASDAQ: WDC) combine to dominate the hard disk drive (HDD) market, the former company leads in mass capacity HDD by six months to a year, according to Rosenblatt Securities. The Analyst: Rosenblatt’s Kevin Cassidy initiated...