SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 169.01+0.6%11:53 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: GR8FORM12/23/2024 7:41:46 AM
1 Recommendation

Recommended By
Dr. John

  Read Replies (1) of 196787
 
Arm wrestled: KeyBanc on Q: Following Licensing Win Against ARM - 'A U.S. federal jury in Delaware on Friday decided that Qualcomm properly licensed its CPUs and did not breach Nuvia's license agreement with ARM. We maintain our estimates and Sector Weight rating with a fair value of $150, based on 14x our FY25E EPS of $10.63. QCOM is currently trading at a forward consensus P/E of 13x, compared to its three-year historical average of 13x. QCOM closed on 12/20/24 at $152.89. Market and macroeconomic risks could impact our estimates for QCOM shares, along with company-specific risks such as displacement of its modem due to Apple's development of an internal modem, in-house silicon verticalization by mobile OEM customers, mobile chipset competition, and a maturing smartphone market.

Regarding ARM, we maintain our Overweight rating with a price target of $195, based on 2x our CY26 PEG. ARM is trading at 2x our CY26 PEG estimate, compared to its broader peer group average CY26 PEG of 1x and the EDA sector average of 2x. ARM closed on 12/20/24 at $132.15. Risks to our target include uncertainty in semiconductor end-market recovery, competition with x86, and company-specific execution challenges.'

Analyst: John Vinh
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News