QUALCOMM Incorporated (QCOM)
Qualcomm: M&A Driven Growth Strategy Pays Off - Dip Buying Opportunity Ahead
Qualcomm's strategic acquisitions enable their vertically integrated CPU, GPU, interconnect, and software capabilities, positioning it as a future AI powerhouse beyond legacy handset markets. These have contributed to the management's promising FY2029 guidance of $40B in non-handset revenues (expanding at a 4Y CAGR of +39.4%) and adj. EPS of over $18. Despite the recent breakout, QCOM remains compelling at a P/E of 18.34x and a 4Y PEG of 1.35x, while offering significant upside potential to my LTPT of $330.10.
Qualcomm Just Promised $15 Billion in AI Chip Sales, but There's a Catch: The Chips Don't Exist Yet
Cristiano Amon walked into Qualcomm's (NASDAQ:QCOM | QCOM Price Prediction) Investor Day on June 24, 2026 with a number designed to be repeated.
The Market Still Misunderstands Qualcomm
Qualcomm doubled its 2029 non-handset revenue target to over $40 billion, accelerating its transformation into an AI infrastructure platform. Dragonfly CPUs, AI accelerators, and modular software position Qualcomm to compete across the entire AI computing stack. Automotive revenue reached a record $1.33 billion, while a $65 billion pipeline provides exceptional long-term revenue visibility.
Qualcomm raises long-term targets as analysts highlight data center, edge AI opportunities
Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) outlined higher long-term revenue and earnings targets at its investor day, prompting analysts at Bank of America and UBS to lift their estimates and price targets while maintaining differing views on execution risks. The chipmaker increased its fiscal 2029 non-handset revenue target to $40 billion from a previous goal of $22 billion.
Qualcomm Data Center Plans Put These ETFs in the Spotlight
Count Qualcomm (QCOM) among the mature technology companies that have garnered new favor among investors by way of the artificial intelligence (AI) trade. Specific to the California-based semiconductor producer, it's captivating investors with its fast-growing data center chip business.
QUALCOMM Incorporated (QCOM) Analyst/Investor Day Transcript
QUALCOMM Incorporated (QCOM) Analyst/Investor Day Transcript
Can Qualcomm's Extended Hugging Face Deal Boost Its AI Momentum?
QCOM's expanded Hugging Face partnership aims to speed open AI deployment across devices and cloud, from Snapdragon platforms to Dragonfly data centers.
New AI-Boosted Sales Targets Are Driving Qualcomm's Stock Higher Today
Qualcomm shares are gaining Thursday after the chipmaker issued bullish new long-term forecasts amid expectations for continued strong AI demand.
Qualcomm Says Data Center Chips to Produce ‘Billions' in '27
Bloomberg's Mandeep Singh previews Micron earnings and the larger tech environment as companies at the forefront of AI forecast massive earnings. Singh said he finds similarities between the hold oil companies have on energy prices with how chip companies have a control of AI memory and are unlikely to increase that capacity as they bring in money.
Qualcomm Stock Surges After Chip Maker Reveals Mystery Big Tech Customers
The company almost doubles its non-handset sales target, helping to revive faith in the stumbling AI trade.
Qualcomm bets on AI chips to break smartphone reliance, but faces crowded race
Qualcomm is expected to use its investor day on Wednesday to lay out a push beyond its core smartphone business into the fast-growing, but highly competitive, market for AI data center chips.
Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing
Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) shares have whipsawed into the chipmaker's Investor Day, and our model says the post-selloff setup looks compelling on the data.
