Chilton Investment Co. Inc. grew its stake in Qualcomm Incorporated (NASDAQ: QCOM) by 342.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,743 shares of the wireless technology company's stock after buying an additional 7,542 shares during
Glenmede Investment Management LP trimmed its position in Qualcomm Incorporated (NASDAQ: QCOM) by 48.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 253,691 shares of the wireless technology company's stock after selling 234,919 shares during the period.
FORA Capital LLC cut its holdings in Qualcomm Incorporated (NASDAQ: QCOM) by 64.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,623 shares of the wireless technology company's stock after selling 50,928 shares during the quarter. Qualcomm accounts for approximately 0.8%
Qualcomm (QCOM) concluded the recent trading session at $131.15, signifying a -2.21% move from its prior day's close.
Qualcomm (NASDAQ:QCOM) shares are down roughly 21% year-to-date, trading between $134 and $135 intraday on Wednesday.
Qualcomm teams up with NEURA Robotics to power humanoid robots with Dragonwing chips, aiming to expand its AI chip footprint in fast-growing robotics markets.
Qualcomm is undervalued, with the market overly focused on short-term smartphone headwinds and underappreciating its diversification into automotive and AI chips. QCOM's automotive semiconductor sales rose 14.6% in Q1'26, with management targeting $9B in automotive sales by 2029, up from $4B in FY'25. The high-margin Licensing segment, contributing 41% of net income, has survived multiple legal challenges, reinforcing QCOM's resilient business model.
Qualcomm (QCOM) faces decelerating growth and soft profitability, yet I reiterate my buy rating due to long-term AI and edge compute leadership. Q1 revenue grew just 5% YoY, with handset segment growth dropping sharply. Q2 guidance missed expectations and implies a decline in revenues. Despite near-term weakness, Qualcomm's involvement in 6G and robotics positions it for future growth, which the current 12.19x forward P/E undervalues.
Wall Street is recalibrating its view across three very different technology names this week.
Qualcomm and British self-driving startup Wayve said on Tuesday they are collaborating on an integrated artificial intelligence system to help automakers rapidly deploy advanced driver-assistance and automated driving features.
German robotics startup Neura Robotics has inked a partnership with semiconductor giant Qualcomm to build the next generation of robots and physical AI. The deal is the latest coupling in the emerging physical AI industry between robotics startups and larger tech hardware and software companies.
Qualcomm (QCOM) reported earnings 30 days ago. What's next for the stock?