What Analysts Think of Qualcomm's Stock Ahead of Earnings
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Qualcomm is set to report its fourth quarter earnings, with analysts expecting increased revenue and profits compared to last year. However, there is concern about slowing revenue growth due to sluggish smartphone and PC sales.
November 06, 2024 | 6:30 pm
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Qualcomm is expected to report increased Q4 earnings, but analysts are concerned about future revenue growth due to slow smartphone and PC sales.
While Qualcomm is expected to show improved earnings for the fourth quarter, the anticipation of slowing revenue growth due to weak smartphone and PC sales could neutralize any positive impact on the stock price. Investors may remain cautious until more clarity on future growth is provided.
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