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7.85484251041168E-05 -0.000432016338072364 0.000471290550624478 7.85484251041168E-05 0.000981855313800958 0.000942581101248956 0.000471290550624478 -0.00596968030790975
Stock impact report

This Qualcomm Call Feels Like A Warning [Yahoo! Finance]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Yahoo! Finance
Qualcomm ( NASDAQ:QCOM is getting a cautious start from Goldman Sachs, which initiated coverage with a Neutral rating, saying the company's push into new markets is being held back by pressure in its core smartphone business. Warning! GuruFocus has detected 3 Warning Signs with QCOM. Is QCOM fairly valued? Test your thesis with our free DCF calculator. Goldman put a $135 price target on the stock and laid out a pretty balanced view. On one hand, Qualcomm is making real progress in areas like automotive, PCs, and data centers. On the other, it's losing some ground where it matters most. The firm expects about 200bps of share loss to MediaTek in Android through 2027, while Apple ( NASDAQ:AAPL ) continuing to build its own modems adds another steady headwind. The near-term setup doesn't help either. Rising memory costs are expected to weigh on smartphone demand, which is still Qualcomm's biggest revenue driver. That means even as new segments grow, the core business is under pre Show less Read more
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