Previous Close | 135.85 |
Open | 131.16 |
Bid | 134.61 x 900 |
Ask | 134.90 x 1000 |
Day's Range | 128.57 - 138.40 |
52 Week Range | 101.93 - 184.00 |
Volume | |
Avg. Volume | 8,326,678 |
Market Cap | 150.843B |
Beta (5Y Monthly) | 1.25 |
PE Ratio (TTM) | 11.83 |
EPS (TTM) | 11.41 |
Earnings Date | Apr 25, 2023 - May 01, 2023 |
Forward Dividend & Yield | 3.00 (2.17%) |
Ex-Dividend Date | Mar 01, 2023 |
1y Target Est | 148.09 |
Top mobile technology equipment supplier Qualcomm (NASDAQ: QCOM) reported its latest set of earnings on Friday, and the market didn't react all that positively. Qualcomm's first quarter of fiscal 2023 saw the California-based company earn $9.46 billion in revenue, which was a 12% decline from the same period the previous year. This meant a mixed quarter for Qualcomm, as analysts tracking the stock were collectively estimating it would book $9.6 billion on the top line yet only $2.36 in per-share, adjusted net income.
Yahoo Finance Live anchors discuss the decline in stock for Qualcomm.
The average brokerage recommendation (ABR) for Qualcomm (QCOM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?