- 4Q Revenue Forecast: $9.5 billion to $10.3 billion (Estimate: $9.7 billion)
- 4Q QCT Revenue Forecast: $8.1 billion to $8.7 billion (Estimate: $8.35 billion)
- 4Q QTL Revenue Forecast: $1.35 billion to $1.55 billion (Estimate: $1.35 billion)
- 4Q Adjusted EPS Forecast: $2.45 to $2.65 (Estimate: $2.45)
- 3Q Adjusted EPS: $2.33 (Previous Year: $1.87, Estimate: $2.24)
- 3Q Adjusted Revenue: $9.39 billion, +11% y/y (Estimate: $9.21 billion)
- 3Q QCT Revenue: $8.07 billion, +12% y/y (Estimate: $7.88 billion)
- 3Q Internet of Things Revenue: $1.36 billion, -8.5% y/y (Estimate: $1.37 billion)
- 3Q Handsets Revenue: $5.90 billion, +12% y/y (Estimate: $5.88 billion)
- 3Q Automotive Revenue: $811 million, +87% y/y (Estimate: $663.5 million)
- 3Q QTL Revenue: $1.27 billion, +3.5% y/y (Estimate: $1.31 billion)
- 3Q QSI Segment Revenue: $2 million, -78% y/y (Estimate: $6.57 million)
- 3Q Adjusted Reconciling Items for Revenues: $49 million (Estimate: $44.9 million)
- 3Q Adjusted Operating Income: $3.02 billion, +20% y/y (Estimate: $2.95 billion)
- CEO Announcement: Launch of Snapdragon X Series solutions for PCs, marking a shift towards intelligent computing.
Qualcomm Inc on Smartkarma
Analyst coverage of Qualcomm Inc on Smartkarma highlights positive sentiments towards the company’s performance and future prospects. William Keating‘s research reports, “Qualcomm. Watch This Space…” and “Qualcomm Leapfrogs Intel & AMD To Power The First Microsoft CoPilot + PCs,” emphasize Qualcomm’s strong position in the automotive market and its technological leadership in powering Microsoft’s CoPilot+ PCs. These insights suggest a competitive edge over Intel and AMD, positioning Qualcomm as a key player in these innovative sectors.
Further analysis by Baptista Research discusses Qualcomm’s solid momentum in augmented and virtual reality, emphasizing the company’s financial achievements in Q2 2024. With strong revenues exceeding guidance, Qualcomm’s chipset business stood out, driven by Android smartphones and automotive developments. This positive outlook, supported by Qualcomm’s technology leadership, indicates continued growth potential in both mobile and automotive markets.
A look at Qualcomm Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Qualcomm Inc has a mixed long-term outlook. While the company scores moderately across Value, Dividend, Growth, Resilience, and Momentum factors, there is room for improvement in certain areas. A closer look at the scores reveals that Qualcomm Inc may have some potential for growth and resilience, supported by its current performance across various factors.
Qualcomm Inc, a manufacturer of digital wireless communications equipment, seems to be holding its ground with average scores in key areas. With a balanced rating in Value, Dividend, Growth, Resilience, and Momentum, the company appears poised to maintain its position in the industry. Investors may consider Qualcomm Inc as a stable option for long-term investment, given its consistent performance across the different Smart Scores categories.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
