Qualcomm Stock Is Cheap Going Into Earnings. Tariffs May Not Be a Big Deal. - Barron's
1. Qualcomm's report is set for Wednesday, expecting $10.6 billion revenue. 2. Analyst Stacy Rasgon has a $185 target, citing Qualcomm's low valuation. 3. Qualcomm is trading at a 40% discount to semiconductor and S&P indices. 4. Recent tariffs may not significantly impact Qualcomm due to low U.S. market share. 5. Qualcomm stock is down 4% this year compared to a 15% ETF decline.