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QCOM
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112 days

Qualcomm’s stock has outperformed the chip sector this year. Earnings will be a key test. - MarketWatch

1. QCOM earnings report on Wednesday focuses on tariffs and Apple business loss. 2. Analysts expect earnings beat and guidance in-line with expectations. 3. Apple's phase-out could lower QCOM's revenue estimates for 2025 and 2026. 4. Automotive segment expected to exceed $1 billion in quarterly revenue growth. 5. Competitors show weaker performance, but QCOM stock has outperformed in 2023.

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FAQ

Why Neutral?

While earnings expectations are moderately positive, Apple’s potential withdrawal poses risks. Historical examples show that major client losses typically lead to stock valuation drops.

How important is it?

The article addresses imminent earnings, key client relationships, and market performance, which are critical for QCOM.

Why Short Term?

The upcoming quarterly performance will be closely monitored and could lead to volatile price movements. Short-term impacts are most likely tied to earnings results and guidance.

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