Analyst Scoreboard: 12 Ratings For Qualcomm
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Qualcomm (NASDAQ:QCOM), ranging from bullish to bearish. The average 12-month price target has increased by 9.87% to $211.25. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting changing market conditions and company performance. Qualcomm shows strong financial metrics, including a net margin of 22.67% and ROE of 8.67%, but faces challenges with a high debt-to-equity ratio.
October 08, 2024 | 12:00 pm
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Qualcomm (QCOM) has received mixed analyst ratings, with a notable increase in the average 12-month price target to $211.25. Analysts have adjusted their ratings and price targets, reflecting their response to Qualcomm's market performance and financial metrics. The company's strong net margin and ROE are positive indicators, but its high debt-to-equity ratio raises concerns.
The increase in the average price target and the mixed but generally positive analyst ratings suggest a likely short-term positive impact on Qualcomm's stock price. The company's strong financial metrics, such as net margin and ROE, support this positive outlook. However, the high debt-to-equity ratio is a potential risk factor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100