What 14 Analyst Ratings Have To Say About Qualcomm
Portfolio Pulse from Benzinga Insights
In the past three months, 14 analysts have shared their evaluations of Qualcomm (NASDAQ:QCOM), with a range of ratings from bullish to bearish. The average 12-month price target has increased by 9.99% to $216.43. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Qualcomm has shown solid revenue growth and strong financial metrics, but its debt-to-equity ratio is higher than the industry average.
September 17, 2024 | 6:00 pm
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Qualcomm has received diverse analyst ratings, with an average 12-month price target increase of 9.99% to $216.43. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Qualcomm's financial metrics are strong, but its debt-to-equity ratio is higher than the industry average.
The increase in the average 12-month price target and the majority of analysts raising their ratings suggest a positive short-term outlook for Qualcomm. The company's strong financial metrics, despite a higher debt-to-equity ratio, support this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100