Qualcomm Inc‘s QCOM shares dropped 13% in just a month; this presents an excellent entry point for investors looking to capitalize on a promising upswing driven by artificial intelligence adoption.That’s according to to JPMorgan analyst Samik Chatterjee, who revised the price target upwards to $235 for December 2025 — a potential 34% upside. The “share price pull-back offers entry point,” Chatterjee noted."We see double-digit revenue growth consistently in the medium-term," he added. Qualcomm’s strategic fo ...

Wall Street analysts forecast that Qualcomm (QCOM) will report quarterly earnings of $2.25 per share in its upcoming release, pointing to a year-over-year increase of 20.3%. It is anticipated that revenues will amount to $9.19 billion, exhibiting an increase of 8.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefra ...

QUALCOMM TodayQCOMQUALCOMM$177.70 -3.37 (-1.86%) 52-Week Range$104.33▼$230.63Dividend Yield1.91%P/E Ratio23.88Price Target$199.63Add to WatchlistEquities across the board are starting to soften after months of gains, making it a good time to go bargain-hunting. Many of the stocks that have enjoyed triple-digit percentage gains this past year are also facing some of the heavier selloffs. Qualcomm Incorporated NASDAQ: QCOM, a semiconductor tech stock, for example, is in the middle of a 20% drop after a 120% r ...

An exciting segment within the equities space, augmented reality stocks center on a mainline catalyst: the prospect for tremendous growth.According to Grand View Research, the global AR market reached a valuation of $57.26 billion last year. By 2030, experts project that the segment could expand at a compound annual growth rate (CAGR) of 39.8%. If so, the ecosystem may be worth $597.54 billion at the forecast culmination point.On a fundamental level, AR platforms offer a range of applications and functional ...

The recent pullback in the tech sector has affected most semiconductor producers, with Qualcomm (NASDAQ: QCOM) stock one of the worst hit among them. QCOM fell below the crucial $200 psychological threshold during the pullback of 2.92% in the previous month. In the past five days, these losses extended to 7.15% as investors intensified sell-offs.However, the latest trading session shows signs of recovery after a positive gain of 4.70%, which set the QCOM stock price at $194.97. Pre-market gains of 1.05% at ...

I love Qualcomm (NASDAQ:QCOM). Based in San Diego, Qualcomm develops and commercializes a range of foundational technologies for the wireless industry. With mobile connectivity becoming an increasingly vital concept, the company’s specialized semiconductor products command tremendous prominence. However, as great as Qualcomm stock is, the market is the ultimate arbiter.Right now, the market is saying it’s not comfortable with QCOM’s premium to growth. Last Friday, Qualcomm stock suffered a loss of nearly 3% ...

TAIPEI, TAIWAN - JUNE 3: Lenovo’s Executive Vice President and President Luca Rossi, joins Qualcomm ... [+] President and CEO Cristiano Amon during his Keynote Presentation at COMPUTEX 2024 on “The PC Reborn” Showcasing Where Innovation Creates Disruption in a Mature Industry, in Taipei, Taiwan, on June 3, 2024. (Photo by Billy H.C. Kwok /Getty Images for Qualcomm)Getty Images for QualcommMobile chipset major Qualcomm (NASDAQ: QCOM) is poised to publish its Q3 FY’24 results later this month. The stock has r ...

Qualcomm (QCOM) closed at $209.64 in the latest trading session, marking a +0.7% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%.Heading into today, shares of the chipmaker had lost 6.32% over the past month, lagging the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82% in that time.The investment community will be paying close attention to th ...

In a concerted effort to protect its intellectual property rights, Qualcomm Incorporated (QCOM) recently filed a lawsuit against Transsion for alleged patent infringement. This legal action, initiated in the Delhi High Court in India, targets Transsion over four non-standard essential patents as the company seeks to expand its market share in the subcontinent.Transsion, headquartered in Shenzhen, China, is a dominant player in Africa's smartphone market, with its brands Tecno, Infinix and iTel capturing nea ...

The expectations are sky-high for Qualcomm (NASDAQ:QCOM) and other artificial intelligence hardware manufacturers in 2024. Since the prevailing sentiment surrounding Qualcomm is highly optimistic, contrarian investors shouldn’t be too eager to buy Qualcomm stock now.InvestorsPlace contributor Chris MacDonald reported on the analyst community’s highly ambitious projections for Qualcomm. At the same time, the CEO’s share sale seems to tell a different tale. In addition, a well-known tech-gadget manufacturer’s ...