QCOM Stock Recent News
QCOM LATEST HEADLINES
Samsung deploys QCOM's leading-edge Snapdragon 8 Elite Mobile Platform to support on-device AI capabilities and deliver a premium experience to end users.
Investors can consider investing in QCOM right now as the stock has done extremely well through 2024 and its prospects continue to shine.
Qualcomm (QCOM) concluded the recent trading session at $170.24, signifying a +1.78% move from its prior day's close.
Samsung Electronics on Wednesday unveiled its newest flagship smartphone, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.
The artificial intelligence revolution has brought plenty of attention to specific tech stocks servicing the ultra-high expected growth the AI sector should provide for a long time to come.
Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.
Qualcomm Inc QCOM may be losing Apple Inc's AAPL business, but it's gaining something even juicier—momentum. Analyst Samik Chatterjee is betting that booming Chinese smartphone sales and Samsung share gains will drown out Apple-related worries, at least for now.
Qualcomm's existing operating leverage it showed in FY2024 - if retained - should lead to higher earnings compared to the current consensus for 2025/26. I think QCOM's financial health is solid, with strong cash flow, manageable debt, and significant shareholder returns, indicating a resilient business model. Based on my calculations, the QCOM stock is undervalued by over 28%, with a fair value estimate of $211/share, presenting a compelling buy opportunity.
Qualcomm NASDAQ: QCOM is one of the leaders in the semiconductor space whose stock might just be ready to take off in 2025. In 2024, shares were having an incredible year, rising 57% by mid-June.
Despite overvaluation, the technology sector will remain buoyant in the long term supported by its relentless innovative power. Five AI-Centric stocks to buy are: NVDA, AVGO, QCOM, INOD, MRVL.