Qualcomm Inc
QCOM: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$197.00 | Ddbnjyl | Qxxyktl |
Qualcomm Earnings: Maintain $140 Valuation With a Recovery Across Android OEMs
Narrow-moat Qualcomm reported solid fiscal first-quarter results that were ahead of our expectations while providing investors with a decent outlook for the March quarter, as Android-based smartphone demand remains on the road to recovery. We maintain our $140 fair value estimate and view shares as fairly valued.