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Analysts: Broadcom's Reduced Outlook Due More To Caution Than Broader Weakness
Friday, June 14, 2019 - 3:40pm | 802Broadcom Inc (NASDAQ: AVGO) reported Thursday after the close with below-consensus second-quarter revenue and also cut its full-year forecast, sending the stock lower. The Analysts Raymond James analyst Chris Caso reiterated a Market Perform rating on Broadcom. Morgan Stanley analyst Craig...
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Wall Street Weighs In On Qorvo's Impressive Quarter
Wednesday, May 8, 2019 - 11:11am | 681Qorvo Inc (NASDAQ: QRVO) stock traded higher by 6 percent Wednesday after the company easily beat fiscal fourth-quarter earnings and revenue estimates. Qorvo reported revenue of $681 million, gross margin of 48.2 percent and operating income of $167 million. Qorvo said the fourth quarter was even...
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Analysts Debate Qorvo's iPhone Share After Chipmaker's Q3 Print
Friday, February 8, 2019 - 12:40pm | 799Chipmaker Qorvo Inc (NASDAQ: QRVO) reported third-quarter results Thursday that came in better than expected on the top- and bottom-line. The company downwardly revised its guidance for the March-ending quarter due to lower demand for certain flagship smartphones. Here's how the...
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Should You Buy The Skyworks Dip? Analysts Debate
Friday, November 9, 2018 - 2:48pm | 555Skyworks Solutions Inc (NASDAQ: SWKS) reported Thursday its fiscal fourth-quarter results, which came in better than expected but management's first-quarter guidance came in weak. Here is a summary of what some of the Street's top analysts are saying after the print. The Analysts Morgan...
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The Street Debates Qualcomm's Q3
Thursday, November 8, 2018 - 3:21pm | 611Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported Wednesday with fiscal fourth-quarter results that arrived better than expected, but the Q1 guidance disappointed. Here's how three Street analysts covering the stock reacted. The Analyst Canaccord Genuity's T. Michael Walkley...
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Sell-Side Guarded On Intel Despite Beat-And-Raise Quarter: 'Cycle Risk A Deterrent'
Friday, October 26, 2018 - 11:41am | 837Intel Corporation (NASDAQ: INTC) seems to have allayed the Street's fears with a top- and bottom-line beat in Q3, as well as a positive guidance reset. The Analysts Oppenheimer analyst Rick Schafer maintained a Perform rating on Intel shares. BMO Capital Markets analyst Ambarish...
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Analyst: Apple Unlikely To Pivot Away From Intel For 5G Tech
Tuesday, July 10, 2018 - 1:54pm | 440Reports surfaced earlier this week that Apple Inc. (NASDAQ: AAPL) is no longer interested in using Intel Corporation (NASDAQ: INTC)'s Sunny Peak wireless chip for the line of iPhones due to hit stores in 2020. The chip, intended to provide Bluetooth and Wi-Fi connectivity, was supposed to...
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Analysts Applaud Intel's Beat-And-Raise Q1 Earnings
Friday, April 27, 2018 - 3:26pm | 791Large-cap tech names posted strong quarterly results this earnings season, and Intel Corporation (NASDAQ: INTC) was no exception. The chip giant reported 13-percent revenue growth and a 32-percent increase in non-GAAP earnings per share Thursday; the company also raised its full-year revenue and...
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Analyst: 5 Headwinds Facing Skyworks Solutions
Monday, April 23, 2018 - 10:25am | 481Skyworks Solutions Inc (NASDAQ: SWKS)'s reliance on Apple Inc. (NASDAQ: AAPL) — the iPhone-maker reportedly accounted for 40 percent of the semiconductor manufacturer's 2016 revenue — could serve as a negative catalyst, according to Charter Equity Research. The Analyst...
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A 'More Aggressive Approach': Ericsson Notches Upgrade After Q1 Print
Monday, April 23, 2018 - 9:44am | 380Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) reported first-quarter results Friday that turned Charter Equity bullish on the stock. The Analyst Charter Equity Research's Edward Snyder upgraded Ericsson's stock rating from Market Perform to Buy. The Thesis Ericsson reported a...
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Qualcomm's Days Of Supplying To Apple Appear To Be Numbered
Wednesday, November 1, 2017 - 8:00am | 393Shares of QUALCOMM, Inc. (NASDAQ: QCOM) lost nearly 7 percent Tuesday following reports that the company might see its modem technologies excluded from future Apple Inc. (NASDAQ: AAPL) devices, including the iPhone and iPad. Although Qualcomm said in a statement it is "committed to supporting Apple...
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Opinions Vary On Whether Intel's Q2 Beat Will Continue Through Rest Of The Year
Friday, July 28, 2017 - 10:08am | 331The mood is mixed on the prospects of Intel Corporation (NASDAQ: INTC) outperforming its forecasts in the coming quarters, even though the chip maker managed to exceed expectations on the strength of firmer PC demand in the just-completed quarter. Charter Equity Research’s Edward Snyder...
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Is Apple iPhone Delay The Reason For Weakness In Skyworks Shares?
Friday, July 21, 2017 - 9:27am | 305Charter Equity Research managing director Edward Snyder does not see Apple Inc. (NASDAQ: AAPL)'s iPhone delays to be an overhang for Skyworks Solutions Inc (NASDAQ: SWKS) investors, as he raised estimates and reiterated his Outperform rating. Snyder believes Skyworks shares have taken a hit...
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Legal Battles, Merger With NXP Set Up Catalysts For Qualcomm This Year
Thursday, July 20, 2017 - 9:14am | 581Despite QUALCOMM, Inc. (NASDAQ: QCOM)’s ongoing legal battle with Apple Inc. (NASDAQ: AAPL), Canaccord Genuity analyst Michael Walkley still sees the company as a solid investment for long-term traders. Walkley reiterated a Buy rating and $70 price target (see Walkley's track record here)....
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Don't Mind The Profit-Taking; Skyworks Set Up For A Strong 2017
Friday, April 28, 2017 - 8:33am | 447Skyworks Solutions Inc (NASDAQ: SWKS)'s fiscal second-quarter earnings report Thursday came in better than expected while the company's third-quarter outlook also exceeded expectations. But shares of Skyworks were trading lower by more than 2.5 percent by Friday's pre-market session as some...