QUALCOMM Incorporated (QCOM) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Qualcomm (QCOM +0.70%) is expanding into arguably the most lucrative category right now.
Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) has staged one of the most dramatic semiconductor rebounds of 2026, ripping 50.62% off its March trough in roughly a month.
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.
We're upgrading Qualcomm Incorporated to a Buy, with smartphone headwinds now priced in and AI diversification finally here. QCOM's China handset business is bottoming out, and the Apple share risk is quantified, derisking the core business outlook. The custom silicon engagement with a (big) hyperscaler signals design wins with shipments scheduled for the December quarter and details for Investor Day in June.
Shares of Qualcomm Inc NASDAQ: QCOM are trading around $210 after one of their most explosive rallies in recent years. Just last month, the stock traded as low as $122, but earlier this week it was up near $250.
Wall Street analysts have issued a cautious outlook on Qualcomm (NASDAQ: QCOM) stock over the next 12 months as the equity experiences one of its sharpest recent selloffs.
Although Qualcomm (QCOM) shares have mostly missed out on the AI-fueled semiconductor surge in recent years, circumstances seem to have shifted for the company, with the stock increasing by nearly 70% in the last month as Qualcomm prepares for the next stage of AI, which extends beyond centralized computing to encompass billions of interconnected devices. In our earlier assessment, we highlighted how Qualcomm's stock could potentially double, spurred by edge AI.
Qualcomm (QCOM) is diversifying beyond Handsets, driven by a seamless Automotive execution. Doing a DCF-valuation gives us an average price target of $235.5, or a 7.5% upside from current price. QCOM has considerably beaten its revenue projections for Automotive&IoT, and it has also identified key trends that will help boost its growth, like PCs processing need for agentic AI orchestration. Handsets subsegment faces near-term headwinds from DRAM shortages, but management guided for a quicker recovery than expected, bottoming in Q3-2026 and then resuming growth.
A series of bullish catalysts just launched Qualcomm stock to record highs.
Qualcomm (QCOM) stock surged on Monday as investors continued piling into semiconductor shares amid the ongoing artificial intelligence boom. Shares jumped as much as 12.7% to hit a record high of $247.90, making Qualcomm one of the strongest performers in the S&P 500 session.
Qualcomm stock surged Monday and is on pace for its first record close since 2024 as enthusiasm around AI chips and data-center demand continues to build.