Qualcomm Stock Prediction Zacks

On average, wall street analysts predict that. In terms of a qualcomm stock forecast, the overall picture seems to be a very positive one, although predictions are very often wrong.

Why Qualcomm Qcom Might Be Well Poised For A Surge Nasdaq

Over the next 52 weeks, qualcomm inc has on average historically risen by 60.3 % based on the past 29 years of stock performance.;

Qualcomm stock prediction zacks. The zacks consensus estimate for the current and next fiscal earnings has been revised 85.7% and 54.5% upward. Zacks' 7 best strong buy stocks for december, 2021. Qualcomm’s eps history and forecast.

Nine analysts revised their earnings estimate. For convenience, prices are divided by color. This zacks rank #1 stock has gained a solid 172.5% in the trailing 12 months.

The zacks analyst believes that qualcomm is benefiting from robust. Which stocks will be december's top performers? The average qualcomm stock price prediction forecasts a potential downside of n/a from the current qcom share price of $175.63.

Click to get this free report Also, this average forecast of $178.17 represents a 2.99% increase from the past average forecast of $173.0, 6 months. Simply put, stocks with a zacks rank of 1, 2, or 3, with a positive esp were shown to.

While strong estimate revisions for qualcomm have attracted decent investments and pushed the stock 40.6% higher over the past four weeks, further upside may still be left in the stock. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Want the latest recommendations from zacks investment research?

The zacks rank #1 company has an expected earnings growth rate of 2.2% for next year (ending september 2022) after estimated 70.4% growth in the current year (ending september 2021). Is qualcomm inc stock undervalued? According to the issued ratings of 26 analysts in the last year, the consensus rating for qualcomm stock is buy based on the current 11 hold ratings, 14 buy ratings and 1 strong buy rating for qcom.

Qualcomm inc has risen higher in 20 of those 29 years over the subsequent 52 week period, corresponding to a historical accuracy of 68.97 % ; With this earnings history in mind, recent estimates have been moving higher for qualcomm. In fact, the zacks earnings esp (expected surprise prediction) for the company is positive, which is a.

Qcom has a momentum style score of a, and shares are up 37.2% over the past four weeks. This has resulted in an earnings esp of +0.35%.on the other hand, the stock currently carries a zacks rank of #3.so, this combination indicates that qualcomm will most likely beat the consensus. Qualcomm's share price could stay at $182.56 by nov 17, 2022.

Optimistic forecast, pessimistic forecast, and weighted average best forecast. Momentum investors should take note of this computer and technology stock. Our proven model does not predict an earnings beat for qualcomm this time around.

In fact, when combining a zacks rank #3 or better and a positive earnings esp, stocks produced a positive surprise 70% of. The combination of a positive earnings esp and a zacks rank #1 (strong buy), 2. The technique has proven to be very useful for finding positive surprises.

Qcom is a #2 (buy) on the zacks rank, with a vgm score of b. Qualcomm incorporated stock forecast by wall street analysts. When cnn money surveyed 26 experts for their qualcomm share price forecast for the next 12 months, the median figure was $188.50, up 34.3% from recent levels.

Zack’s q4 consensus eps estimate sits at $2.26, up 55.86% y/y from $1.45, and more importantly, beats the previous quarter earnings that printed at $1.92. The chart below shows the historical price of qualcomm stock and a prediction chart for the next month. Today, you can download 7 best stocks for the next 30 days.

The average qualcomm incorporated stock forecast from last 6 month is $178.17, and this show a 4.51% increase in average from the prior price target of the each prediction. The current qualcomm inc [] share. Our research shows that stocks with zacks rank #1 (strong buy) and 2 (buy) significantly outperform the s&p 500.

Shares of qualcomm have gained +4.5% in the past three months against the zacks wireless equipment industry’s gain of +2.8%. Qualcomm's business is organized into two reporting segments as follows: Detailed values for the qualcomm stock price can be found in the table below.

Each stock is a zacks rank #1 strong buy.