QCOM unveils Snapdragon X2 Plus at CES ???26, expanding into AI PCs with 3 nm Oryon cores for faster performance, longer battery life, and growth beyond phones.
QCOM's 8.2% stock rise trails the industry, as margin pressure, China risks and fierce chip competition weigh on growth.
After showing many promising signs over the past quarter, shares of Qualcomm Inc. NASDAQ: QCOM are flashing a sudden warning signal as the new year begins. Just before Christmas, the stock's Moving Average Convergence Divergence (MACD) chart logged a bearish crossover, confirming a momentum shift that has continued into this week.
In the most recent trading session, Qualcomm (QCOM) closed at $171.05, indicating a -1.5% shift from the previous trading day.
QCOM targets the AI PC market with a mid-range Snapdragon X chip, aiming to boost growth and stay competitive in 2026 and beyond.
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.
On the surface, that might sound uninspiring, but look a little closer, and there's an interesting story to be found about how the market is reassessing Qualcomm as we move into 2026.
Qualcomm's handset revenues surge 14% on strong Snapdragon demand, even as competition, trade tensions, and in-house chips challenge its smartphone business.
Qualcomm (QCOM) concluded the recent trading session at $174.19, signifying a +1.07% move from its prior day's close.
Shares of Qualcomm Inc. NASDAQ: QCOM were trading just over $176 on the morning of Dec. 18, extending a run that has been easy to overlook in a market obsessed with mega-cap tech and artificial intelligence leaders. The stock is up about 12% year-to-date and more than 40% since April, marking one of Qualcomm's strongest years in recent memory after a long stretch of underperformance versus peers.
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 is rated a Strong Buy with a $223 price target, reflecting a 23% upside and significant undervaluation at a 15x forward P/E. QCOM delivered its 9th consecutive double-beat quarter, posting 10% revenue growth and 15% EPS growth, outperforming peers yet trading at a steep discount. The QCT segment remains robust and diversified, with automotive and IoT revenues up 11% and automotive growing 36% year-over-year, supporting long-term growth.