A Closer Look at Qualcomm's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors have taken a bullish stance on Qualcomm (NASDAQ:QCOM) with significant options market activity. Benzinga's options scanner detected 50 uncommon trades, with a split sentiment of 50% bullish and 34% bearish. The targeted price range for QCOM is between $130.0 and $280.0. Analysts have mixed ratings, with an average target price of $193.2.
May 23, 2024 | 3:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Qualcomm has seen significant options market activity, with 50 uncommon trades detected. The sentiment is split, but the majority are bullish. Analysts have mixed ratings, with an average target price of $193.2.
The detection of 50 uncommon options trades, with a majority being bullish, indicates strong interest and potential upward movement in QCOM's stock price. Analysts' mixed ratings provide a balanced view, but the overall sentiment leans positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100