QUALCOMM Stock News

“Magnificent Seven” were the standout performers last year but a Piper Sandler analyst is not entirely convinced they're positioned for a repeat telecast in 2025. Other than Meta Platforms Inc, none of them has significantly outperformed the benchmark S&P 500 index year-to-date.

Apple on Wednesday revealed its first custom-designed modem chip that will help connect iPhones to wireless data networks, a move that will make the company less reliant on chips from Qualcomm that also power its Android rivals.

The technicals are currently net positive, with the majority of indications showing strength is likely moving forward. Fundamentals are overall strong, but guidance was a bit mixed as revenue growth and adjusted EPS growth rates are expected to slow. The stock still seems undervalued, however, as the massive P/E ratio discount to peers seems unwarranted due to Qualcomm's strong position in edge...

Qualcomm's recent earnings report shows strong growth, despite some market pessimism, highlighting the company's potential in portable AI and edge computing. Portable AI, driven by models like DeepSeek, positions QCOM to benefit from increased demand for AI chips in smartphones and IoT devices. The Company's valuation is attractive, with a forward P/E ratio significantly below the sector median...

Qualcomm Incorporated is rapidly diversifying beyond handsets, targeting $22 billion in non-handset revenue by 2029, driven by AI, automotive, and IoT segments. Apple's shift to in-house modems poses risks, but Qualcomm's diversified growth in AI PCs, smart glasses, and automotive sectors offsets potential losses. QCOM stock is undervalued, trading at ~15x FY25 EPS, with strong cash flows enabl...

The Snapdragon 6 Gen 4 processor aims to enhance media features and AI for midrange phones.

As most informed artificial intelligence (AI) stock investors know, not all of these investments are multibaggers. In fact, some have struggled to outperform the S&P 500 during specified time periods.

Shares of tech giant Qualcomm Inc. NASDAQ: QCOM have been stuck in a holding pattern for months, but recent signs point to a shift in momentum. After a largely sideways trend since July, the stock has gained 10% since December.