Why is qcom down

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ET by Jeremy C. No Headlines Available. Other News Press Releases. ET on GuruFocus. Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Source: Kantar Media. We've detected you are on Internet Explorer. For the best Barrons. Google Firefox. Topics Magazine Data Advisor Penta. Qualcomm Inc. Add to Watchlist. Nov 12, a. Price at close. Nov 11, p. About Qualcomm Inc. The QCT segment develops and supplies integrated circuits and system software based on tec Analyst Ratings.

But how would these numbers change if you are interested in holding Qualcomm stock for a shorter or a longer time period? You can test the answer and many other combinations on the Trefis Machine Learning Engine to test Qualcomm stock expected return after a rise or fall. You can test the chance of recovery over different time intervals of a quarter, month, or even just 1 day! Is the average return for Qualcomm stock higher over the subsequent month after Case 1 or Case 2?

Qualcomm stock fares better after Case 1 , with an average return of 1. Try the Trefis machine learning engine above to see for yourself how Qualcomm stock is likely to behave after any specific gain or loss over a period. The results were solid, and management sees even better days ahead, so why are Qualcomm's shares plunging today? Well, it's complicated -- and that's exactly the point. This business update inspired a mix of raised and lowered analyst price targets with a handful of upgrades and downgrades thrown in for good measure.

The bulls focused on the headline numbers and ongoing boom in 5G networking orders. The bears zoomed in on limited manufacturing capacity across the semiconductor industry and historically high share prices.

The price correction makes sense since Qualcomm's stock had been racing ahead at full steam for a long time, but that's not the whole story. Given Qualcomm's proven leadership in smartphone chipsets and 5G networking solutions, I would side with the bullish view of this earnings report.

Qualcomm may be richly valued, but the company has earned that premium through impressive business results. Discounted offers are only available to new members. Stock Advisor will renew at the then current list price.