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Benzinga
111 days

Qualcomm Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. QCOM set to report earnings on April 30, expecting 4 cents EPS. 2. Projected revenue of $1.35 billion shows significant year-over-year growth. 3. Acquisition of VinAI Division expands Qualcomm's generative AI capabilities. 4. Analysts have mixed ratings, with target prices ranging from $145 to $250. 5. Recent earnings have had a minor negative market reaction with a 0.5% drop.

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FAQ

Why Bullish?

Earnings growth expectations and AI capabilities enhance future revenue potential. Historically, positive earnings surprises have led to stock price increases.

How important is it?

The expected earnings increase and AI acquisition could attract investor attention, impacting stock price.

Why Short Term?

Near-term earnings report may impact QCOM's stock movement significantly. Analysts' mixed sentiments could result in immediate volatility.

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