QUALCOMM Incorporated (QCOM)
Qualcomm Could Be One AI Deal Away From A Major Re-Rating
QUALCOMM is rated a Buy after a 45% pullback, offering an attractive risk-reward profile despite near-term headwinds. QCOM's Handsets segment declined 20% YoY, but Automotive (+61% YoY) and IoT (+9% YoY) are driving non-handset growth. Management targets accelerated non-handset revenue growth, with ambitious expansion into data centers, AI, and automotive markets.
Should You Reconsider QCOM Stock Amid Downward Estimate Revisions?
Qualcomm faces falling fiscal 2026 and 2027 earnings estimates as handset weakness, margin pressure and competition offset automotive and IoT gains.
1 Incredible Reason to Buy Qualcomm Stock Right Now
The stock is down about 14% this year, giving investors a roughly 2.5% forward yield -- with potential upside tied to its data center growth push. The dividend looks unusually attractive for a top tech name and is well covered, leaving ample cash to fund expansion.
Qualcomm Stock: Buy or Sell?
Qualcomm (QCOM -2.63%) reported revenue declines as the smartphone industry faces headwinds.
Qualcomm's Next Growth Engine Could Send Shares Much Higher
Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) just delivered a paradox.
Qualcomm's Turnaround Is Working, So Why Is Wall Street Selling?
Qualcomm Inc NASDAQ: QCOM has spent much of the past few months trying to convince the market that it's more than just a smartphone chipmaker. Its earnings report, delivered July 29, will have disappointed investors looking for a clear update on whether that transformation is taking hold, as the takeaways were decidedly mixed.
Qualcomm Misses Q3 Earnings Estimates, Revenues Beat on Auto Growth
QCOM's Q3 revenues beat estimates as auto and IoT growth offset handset weakness, but higher costs weighed on earnings and squeezed margins.
QCOM Q3 Earnings Call Highlights AI Expansion
Qualcomm expands AI, automotive and data center plans while targeting $40 billion in non-handset revenues by fiscal 2029.
Qualcomm shares slip as profit outlook falls short of expectations
Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) shares fell about 3% on Thursday after the chipmaker reported third quarter earnings that narrowly missed expectations and issued a weaker-than-expected profit outlook for the upcoming quarter. For the fiscal third quarter ended June 28, Qualcomm reported adjusted earnings per share of $2.21, slightly below Wall Street expectations of $2.22.
Wall Street sets QCOM stock price for the next 12 months
As Qualcomm, Inc. (NASDAQ: QCOM) shares fell over 9% over the last five days amid its earnings report, more than a dozen Wall Street analysts issued ratings for this semiconductor stock on July 30.
Qualcomm's Automotive Growth Supports The Buy Case
Qualcomm remains a buy, trading at 12.9x forward GAAP earnings, well below sector and historical averages, despite cyclical handset weakness. QCT's pivot to automotive and IoT is accelerating, with combined revenues up 61% and 9% year-over-year, supporting the $40B non-handset revenue target by FY2029. The Handset segment faces a 20% revenue drop due to memory supply constraints, but margins remain resilient, and cash returns to shareholders are robust.
Qualcomm Q3 Earnings Call Highlights
Qualcomm NASDAQ: QCOM reported fiscal third-quarter revenue of $9.9 billion and non-GAAP earnings per share of $2.21, with revenue reaching the high end of the company's guidance range. The company said record automotive sales and growth in Internet of Things products helped offset pressure in its handset business from elevated memory prices, broader input-cost inflation and supply constraints.
