28.8 C
New York
Thursday, June 4, 2026
HomeMarkets
Markets

Qualcomm To Surprise To Upside Today, Strategist Says

By ValueWalk
0
141
psw-placeholder
psw-placeholder

By Louis Navellier. Originally published at ValueWalk.

Qualcomm Snapdragon 888

In a preview of Qualcomm, Inc. (NASDAQ:QCOM) earnings today after the close of the market, investment strategist Louis Navellier wrote in a note to clients:


Q4 2021 hedge fund letters, conferences and more

Qualcomm’s Earnings Announcement

Qualcomm is acting very well today before its earnings announcement today after the market close. Qualcomm is now viewed as a 5G stock that is prospering with the expansion of 5G around the world.

I am expecting QCOM to post a significant positive Q4 earnings surprise.   The analyst community is forecasting Q4 sales of $10.42 billion and 38.7% annual operating Q4 earnings growth of $3.01 per share.  In the past 3 months, the analyst community has revised their consensus earnings estimate up 16.2%.  Typically, positive analyst earnings revisions precede future earnings surprises.

In the past three quarters, Qualcomm’s earnings surprises have been 13.8%, 14.3% and 12.8%, respectively.

Updated on

Sign up for ValueWalk’s free newsletter here.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

148,911FansLike
396,312FollowersFollow
2,690SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2026
0
Would love your thoughts, please comment.x
()
x