Qualcomm (QCOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Qualcomm (QCOM) concluded the recent trading session at $157.46, signifying a -1.02% move from its prior day's close.
Qualcomm's Snapdragon 8 Elite powers Samsung's latest Galaxy Z Fold7 as it gains ground in the premium handset market despite growing competition.
Qualcomm Incorporated's stock looks unfairly oversold, as its strong business momentum in every key segment and strategic M&As are overlooked by the market. Recent M&A activity and diversification efforts, especially in automotive and edge AI, are building new revenue pillars and widening Qualcomm's competitive moat. The core handset business is poised for growth from a "premiumization" trend and the massive, emerging upgrade cycle for on-device AI smartphones.
Qualcomm Incorporated QCOM has been steadily diversifying its product suite to unlock new revenue-generating opportunities. Such efforts increase resilience in its business model by making QCOM less vulnerable to one particular sector.
A notable disconnect exists between Wall Street's view of Qualcomm NASDAQ: QCOM and the company's actual performance. While its stock carries a consensus Hold rating from most analysts, its recent financial reports show a company firing on all cylinders.
Qualcomm jumps 28.2% in three months on strong chip demand and innovation, but faces stiff competition and estimate cuts.
The latest trading day saw Qualcomm (QCOM) settling at $162.32, representing a +1.83% change from its previous close.
Qualcomm (QCOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Qualcomm leans deeper into automotive tech with its Snapdragon platform, ADAS push and Veoneer acquisition to drive growth.
Qualcomm is transforming from a smartphone chipmaker to a platform leader in automotive, IoT, and edge AI, driving robust non-handset growth. Automotive and edge AI are now core growth engines, with Snapdragon platforms gaining traction across cars, PCs, and industrial devices, supported by strategic acquisitions. Despite Apple's modem exit risk and China exposure, Qualcomm's diversification and strong financials provide resilience and a margin of safety for investors.
Qualcomm is transforming beyond smartphones, expanding into automotive, IoT, and edge AI, supported by strong alliances and acquisitions. Q2 FY2025 results showed robust growth: revenue up 17% YoY, EPS up 22%, and strong cash generation fueling shareholder returns. Despite elite margins and profitability, QCOM trades at a discount due to market skepticism about sustainable growth outside mobile.