QUALCOMM Inc (QCOM) Options

In Bear Trap mode since 10-Feb-2025. GLTA

Today heading up $4.19 at $172.15
Share price had a Bear Trap on 10-Feb-2025
Methinks a share price breakout seems likely to follow.
We shall see.

~bought 2/7 $215 calls @.03c 
Bought 2/7 $146 puts @.10c cover both bases 

Qualcomm share price had an Ascending Triple Top Breakout yesterday on 21-Jan-2025. GLTA

In at $164.50

QCOM, three months chart

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175639657 $QCOM

QCOM, 10Q 11/6

Net is slowly dwindling. I'll wait.

qcom hit $193 in AH now $164

$30 dollar reversal is massive

QCOM new 52 week high

Got a nice little position here now. Lessss gooooooo

Yowza! Rock on Q!!!

BLTA!

R-out

QCOM new 52 week high

QCOM new 52 week high

Great to know

for sure they are...

Is Q into AI at all??

just happy Q is doing well...they deserve it...

Aren’t you the enthusiastic one
QCOM new 52=week high

GOOOOOOOOOOOOOOOOO Q! GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!

Rock on Q!

R-out

MONKS DID YOU BUY YOUR BITCOINS BACK**** IT IS FLYING NOW BUT A LITTLE PULL BACK IS HEALTHY.

QCOM new 52 week high

QCOM new 52 week high

QCOM new 52 week high

QCOM new 52 week high

Cathie Wood & Ark Invest's Buys 32,629 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | February 14, 2024

• Cathie Wood and Ark Invest's trade activity from today 2/14.



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Cathie Wood & Ark Invest's Buys 15,682 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | February 12, 2024

• Cathie Wood and Ark Invest's trade activity from today 2/12.



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QCOM new 52 week high

Cathie Wood & Ark Invest's Buys 28,599 Shares of Qualcomm Inc. (QCOM)
By: Ark Invest Daily | January 16, 2024

• Cathie Wood and Ark Invest's trade activity from today 1/16.



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Analyst: Plenty of Tailwinds Blowing for Chip Stock
By: Schaeffer's Investment Research | January 12, 2024

• Calls were the popular choice leading up to today's bull note

The shares of semiconductor concern Qualcomm, Inc. (NASDAQ:QCOM) are 1.6% higher in premarket trading, pacing to open up above $141 after Citigroup upgraded the stock to "buy" from "neutral" and hiked its price target by $50 to $160.

The analyst raised its revenue and earnings per share (EPS) guidance on Qualcomm, citing inventory replenishment in the handset space that they believe will continue through the first quarter of 2024.

While the majority of analysts are already optimistic, there's still some room for an unwinding of pessimism. Of the covering brokerage firms, eight still rate QCOM a "hold" or worse.

Should today's positive premarket action hold strong, the stock will open at its highest level in weeks. It will also move above short-term pressure at its 20-day moving average and a recent ceiling at the $140 level. Still, it will take a few more percentage points for Qualcomm stock to conquer its 3.9% year-to-date deficit.

Over the last 10 weeks, bullish bets have been the popular choice amongst options traders. Those looking to place their bets should consider options, as QCOM sports attractively priced premium. This is per its Schaeffer's Volatility Index (SVI) of 22% that ranks in the low 5th percentile of its annual range, implying lower-than-usual volatility expectations are being priced in.

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Citi sees upside for Qualcomm earnings and guidance, initiates positive catalyst watch
By: Investing | January 12, 2024

Citi analysts launched a positive catalyst watch on Qualcomm (NASDAQ:QCOM) shares in a note Friday, also raising its rating to Buy from Neutral and its price target for the stock to $160 from $110 per share.

The bank explained that it expects upside to Qualcomm's print and guidance when it reports earnings, which is the basis for the 90-day positive catalyst watch.

"We believe the inventory replenishment in the handset end market should benefit both revenue and margins at Qualcomm," said the investment bank. "We expect the replenishment to continue at least through 1Q24, and Qualcomm should gain share at Samsung as well."

"We are raising our F24E revenue and EPS estimates from $37.5 billion and $7.61 to $38.5 billion and $8.16, and our F25E revenue and EPS estimates from $41.0 billion and $8.82 to $41.0 billion and $9.29, respectively," they added.

QCOM shares are up around 1.7% premarket, trading at $141.39 per share, adding to its more than 18% gain in the last 12 months.

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Qualcomm (QCOM) Stock's January Doldrums Could Be Starting
By: Schaeffer's Investment Research | January 3, 2024

• Plus, another 25 stocks to avoid this month

• QCOM doesn't have the best January performance track record

Chip stocks were all the rage in 2023 amid artificial intelligence (AI) advancements. While the sector still looks promising, there's one name in particular investors may want to avoid in early 2024. More specifically, Qualcomm Inc (NASDAQ:QCOM) has historically underperformed in January, and seems to be sticking to this trend so far today, last seen down 1.6% at $137.99.

Per data from Schaeffer's Senior Quantitative Analyst Rocky White, QCOM averaged a January loss of 3.3% over the past 10 years, and finished the month in the red seven of those times. A comparable move from the security's current perch would place it below $135.



Shares are today testing support from the 20-day moving average, which has been in place since early November, as they continue to pull back from their Dec. 28, 52-week high of $146.89. Qualcomm stock still sports an impressive 30.8% year-over-year lead.



An unwinding of optimism in the options pits could hurt QCOM. Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), QCOM's 50-day call/put volume ratio of 2.01 ranks higher than 89% of readings from the past year.

Premiums are affordably priced, per the equity's Schaeffer's Volatility Index (SVI) of 24% that sits higher than just 10% of annual readings, meaning short-term options are pricing in lower-than-usual volatility expectations.

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QCOM new 52 week high

QCOM new 52 week high

Qualcomm $QCOM has claimed that its new Snapdragon X Elite PC processor is 21% faster than Apple's $AAPL latest M3 chip in multi-core performance - MacRumors
By: Evan | December 18, 2023

https://twitter.com/StockMKTNewz/status/1736743745637294088

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Qualcomm $QCOM just formed a Golden Cross for the 3rd time this year. The previous 2 instances saw the stock decline an average of 15% over the next 7 weeks
By: Barchart | December 5, 2023

• Qualcomm $QCOM just formed a Golden Cross for the 3rd time this year. The previous 2 instances saw the stock decline an average of 15% over the next 7 weeks.



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Qualcomm $QCOM Nearing upside breakout
By: Theta Warrior | December 5, 2023

• $QCOM Nearing upside breakout.



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Capital International Investors Sells 1,159,483 Shares of QUALCOMM Incorporated (QCOM)
By: MarketBeat | November 23, 2023

• Capital International Investors lessened its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 11.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,946,380 shares of the wireless technology company's stock after selling 1,159,483 shares during the period. Capital International Investors owned 0.80% of QUALCOMM worth $1,064,840,000 at the end of the most recent reporting period...

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HUGE

[-chart]www.stockscores.com/chart.asp?TickerSymbol=QCOM&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]

Qualcomm $QCOM a tale of 2 gaps now. Earnigns great, big gap and go, big gap from last report above. Will likely need to consolidate a bit before taking on that big gap above.
By: Options Mike | November 5, 2023

• $QCOM a tale of 2 gaps now. Earnigns great, big gap and go, big gap from last report above.

Will likely need to consolidate a bit before taking on that big gap above..



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Qualcomm (QCOM) projected to report further revenue decline in upcoming earnings
By: Investing | October 31, 2023

Semiconductor giant Qualcomm (NASDAQ:QCOM) is set to announce its earnings after market hours tomorrow, amid expectations of continued revenue decline. Analysts have projected a year-on-year (YoY) revenue decrease of 25.2% to $8.52 billion and adjusted earnings of $1.91 per share for this quarter. This anticipated decline contrasts with a 22.1% revenue increase in the same quarter last year.

In the previous quarter, Qualcomm reported a YoY revenue drop of 22.7% to $8.45 billion, missing analyst expectations by 0.66%. The company's operating margin also declined, and it provided disappointing revenue guidance for the next quarter. Most analysts have kept their estimates unchanged recently, suggesting they expect Qualcomm to remain on its current path – one that has seen it miss Wall Street's revenue estimates twice in the past two years.

Tech stocks have experienced declining investor sentiment since 2022, with an overall share price decline of 11.8%. Over the past month, Qualcomm's share price has fallen by 3.28%. The analyst price target for Qualcomm is $136.9, compared to its current share price of $107.46.

In comparison, Intel (NASDAQ:INTC)'s revenues fell by 7.69% YoY in the last quarter but beat analyst estimates by 4.12%, leading to a stock rise of 7.1%. Meanwhile, SMART's revenues dropped by 27.7%, missing estimates by 15.6% and causing a stock fall of 23.6%.

Amid these trends in the tech sector, generational shifts in the economy are leading to a surge in demand for cloud-native cybersecurity. This sector is witnessing a 70% YoY revenue growth and boasts best-in-class Software as a Service (SaaS) metrics.

InvestingPro Insights

According to InvestingPro's real-time data, Qualcomm's market cap stands at $120.34B USD with a P/E ratio of 14.02. Over the last twelve months as of Q3 2023, the company's revenue was $38.58B USD, indicating a decrease of 8.44%. The company's return on assets for the same period was an impressive 17.94%.

InvestingPro Tips reveal that Qualcomm has consistently raised its dividend for 21 consecutive years, a sign of financial stability and commitment to shareholder returns. The company operates with a high return on assets, demonstrating efficient use of its resources. Despite analysts anticipating a sales decline in the current year, Qualcomm remains a prominent player in the Semiconductors & Semiconductor Equipment industry.

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Qualcomm (QCOM) unveils new PC laptop chip with AI features for 2024
By: Investing | October 24, 2023

(Reuters) - Qualcomm (NASDAQ:QCOM) on Tuesday gave details about a chip for Microsoft (NASDAQ:MSFT) Windows-based laptops that it claims will be faster at some tasks than Apple (NASDAQ:AAPL)'s chips for Mac computers.

Qualcomm executives said that the company's new Snapdragon Elite X chip will be available in laptops starting next year and has been redesigned to better handle artificial intelligence tasks like summarizing emails, writing text and generating images.

The announcement comes a day after Reuters reported that Microsoft has encouraged Qualcomm, Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) to come up with new chips to handle a bevy of new AI features in Windows, the world's most popular PC operating system.

Qualcomm will be the first to market with a chip to challenge Apple, whose laptop and desktop computers have more than doubled their market share since the iPhone maker introduced custom-designed chips in 2020. The X Elite chip will be the San Diego, California firm's first to feature completely custom computing cores designed by a team of ex-Apple engineers it acquired for $1.4 billion in 2021.

Qualcomm claimed on Tuesday that the X Elite is faster than Apple's M2 Max chip at some tasks and more energy efficient than both Apple and Intel (NASDAQ:INTC) PC chips. But Qualcomm Senior Vice President Alex Katouzian said the biggest new feature is that the chip can handle artificial intelligence models with 13 billion parameters, a proxy measure of sophisticated for AI systems that generate text or images.

"These models can respond faster than what you and I can read," Katouzian said. "No one else in the world can do that" on a laptop, Katouzian added.

Francis Sideco, an analyst with TIRIAS Research, said that with companies such as Adobe (NASDAQ:ADBE) rolling out the ability to use AI to generate images for everything from real estate brochures to beer can labels, demand for laptops with AI capabilities will rise.

"You've got a lot of smaller businesses and individual designers and creators using these devices. They need that kind of capability," Sideco said.

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Google, Qualcomm partner for RISC-V based Snapdragon Wear chipset
By: Investing | October 17, 2023

In a strategic partnership, Google (NASDAQ:GOOGL) and Qualcomm (NASDAQ:QCOM) are jointly developing a RISC-V based Snapdragon Wear chipset, aiming to enhance the functionality of future Wear OS watches. The collaboration was disclosed on Tuesday and is expected to result in custom cores, superior performance, and low power consumption for the wearable devices.

This development comes on the heels of the Pixel Watch 2 launch, which is powered by Qualcomm’s Snapdragon W5 Gen 1 processor. As part of their joint venture, Google and Qualcomm are also working towards establishing a robust software ecosystem and compatible apps for the first commercial RISC-V powered Wear OS watches. However, no specific launch date for these products has been provided yet.

RISC-V is an open-source alternative to Arm architecture that could potentially lead to cost savings for consumers due to its open nature. Google's official support for RISC-V in Android, announced in December 2022, along with a roadmap for its implementation, suggests a shift towards this architecture in the tech industry.

The move by Qualcomm and Google appears to be a strategic response to potential changes in Arm's licensing model, which could require device manufacturers to pay royalties based on device value. This partnership signifies a significant stride in wearable tech advancement as it aims to expedite the smartwatch production process for Original Equipment Manufacturers (OEMs).

As revealed by The Next Web, Qualcomm's engineering of a RISC-V-based platform for Google's Wear OS will augment its Snapdragon Wear line that predominantly powers Wear OS devices. The innovative chip architecture of RISC-V brings performance and power advantages to wearable technology. Consequently, Qualcomm's Snapdragon Wear platform innovations are set to rapidly evolve the Wear OS ecosystem.

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Tech executive admits to $150 million scam in sale of Abreezio to Qualcomm
By: Investing | October 6, 2023

Ali Akbar Shokouhi, a primary investor in the tech firm Abreezio, pleaded guilty to money laundering on Thursday, acknowledging his part in a massive fraud involving the sale of Abreezio to Qualcomm (NASDAQ:QCOM) for over $150 million. The case was announced by the Office of the U.S. Attorney for the Southern District of California on Friday.

The U.S. Attorney's Office disclosed that Akbar Shokouhi, who they referred to as a "second technology executive," admitted in a plea agreement to a $150 million scam against Qualcomm. Working alongside co-defendant Karim Arabi, they manipulated several facets of Abreezio including its "name selection", "creation", and "development and marketing". They presented it as an "angel-funded" venture, furthering their deceit.

In a striking demonstration of their successful deception, despite the ruse, Qualcomm was prepared to pay "$180 million" for Abreezio. The duo even went as far as using an alias for Arabi in their "text messages". These details were revealed as part of Shokouhi's plea agreement, highlighting the extent of their fraudulent activities.

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Qualcomm (QCOM) executive sells shares amid ongoing insider trading trend
By: Investing.com | October 3, 2023

Alexander Rogers (NYSE:ROG), President QTL & Global Affairs at Qualcomm (NASDAQ:QCOM) Inc, sold 6,001 shares of the company on Monday. This transaction is the latest in a series of insider sell-offs that have occurred over the past year, during which Rogers has sold a total of 60,054 shares without making any purchases.

Rogers holds a significant role at Qualcomm, overseeing the company's global licensing business and managing relationships with regulators, governments, and customers worldwide. His recent share sell-off could be indicative of his personal investment strategy or his perspective on the company's future prospects.

Qualcomm Inc , a world leader in the development and commercialization of foundational technologies for the wireless industry, offers products and services for mobile devices and infrastructure. The company's portfolio includes semiconductors, system software, and related applications used across various industries such as automotive, computing, IoT, and healthcare.

Within the past year, Qualcomm has witnessed 10 insider sales and no insider purchases, potentially signaling a bearish sentiment within the company's higher ranks. It is crucial to note that insiders may sell shares due to personal reasons unrelated to the company's performance or prospects.

On Monday when Rogers sold his shares, Qualcomm's stock was trading at $110.4 per share, resulting in a market cap of $123.99 billion for the company. The stock's price-earnings ratio stands at 14.43, lower than both the industry median of 23.68 and Qualcomm's historical median price-earnings ratio. This suggests that the stock might be undervalued compared to its peers and its own historical performance.

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KG&L Capital Management LLC Reduces Stake in Qualcomm Inc. (QCOM)
By: MarketBeat | September 29, 2023

• KG&L Capital Management LLC decreased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 16.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,979 shares of the wireless technology company's stock after selling 1,590 shares during the quarter. KG&L Capital Management LLC's holdings in QUALCOMM were worth $950,000 at the end of the most recent quarter...

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Qualcomm's Autotalks acquisition under UK regulator scrutiny
By: Investing.com | September 29, 2023

The U.K.'s Competition and Markets Authority (CMA) has expressed concerns over Qualcomm (NASDAQ:QCOM)'s planned acquisition of Israel-based auto chip maker Autotalks, indicating that the merger might significantly lessen competition within U.K. markets for goods and services. This development was communicated on Friday.

The CMA has invited comments on the transaction from any interested party, a move that precedes the initiation of a formal investigation. The regulator has not set a definitive deadline for these inputs yet.

The U.S. mobile-phone chip maker Qualcomm (NASDAQ:QCOM) had reached an agreement in May to acquire Autotalks. The move was intended to bolster Qualcomm's portfolio of Snapdragon chips for automakers. The financial details of the deal remain undisclosed.

According to InvestingPro data, Qualcomm has a market cap of $123.99 billion and operates with a P/E ratio of 14.48. The company has demonstrated a high return on assets, standing at 17.94% as of Q3 2023. Despite a revenue growth decline of -8.44% in the same period, Qualcomm remains a prominent player in the Semiconductors & Semiconductor Equipment industry.

The semiconductor company Qualcomm had announced on May 8 that its unit, Qualcomm Technologies, Inc., would be entering into a deal to acquire Autotalks, a fabless semiconductor firm.

InvestingPro Tips indicate that Qualcomm yields a high return on invested capital and has maintained its dividend payments for 21 consecutive years. These aspects of the company's performance suggest a strong financial position, which could be a key factor in its ongoing acquisition strategy.

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