How analysts reacted to Qualcomm’s results

Every firm’s call 13

The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have gained 14% ($177.12 on Oct 7), against a median target of $175 from these firms. Qualcomm consensus today

Firm	Rating	Before	After	Change	Before After Share price	Note
Baird	Buy	$300	$400	+33%		Jul 30
Morgan Stanley	Hold	$231	$220	−5%		Jul 30
StoneX	Buy	$300	$270	−10%		Jul 30
UBS	Hold	$190	$170	−11%		Jul 30
Rosenblatt	Buy	$265	$235	−11%		Jul 30
Susquehanna	Hold	$190	$160	−16%		Jul 30
Cantor	Hold	$200	$165	−18%		Jul 30
JP Morgan	Hold	$265	$215	−19%		Jul 30
Mizuho	Hold	$210	$170	−19%		Jul 30
TD Cowen	Buy	$225	$175	−22%		Jul 30
Barclays	Sell	$245	$180	−27%		Jul 31
Wells Fargo	Hold	$265	$170	−36%		Jul 30
RBC Capital	Hold	$250	$160	−36%		Jul 30

Latest earnings reactions

MicronSep 3020 of 24 kept targetsMedian target +1%Shares +3%OracleSep 106 of 12 kept targetsMedian target +1%Shares −5%BroadcomSep 27 of 18 raised targetsMedian target +3%Shares −3%NIOSep 14 of 4 cut targetsMedian target −29%Shares −5%MarvellAug 275 of 11 raised targetsMedian target 0%Shares −10%Li AutoAug 266 of 7 cut targetsMedian target −10%Shares −1%

All earnings reactions

How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true