Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this chipmaker have returned -1.5%, compared to the Zacks S&P 500 composite's +1.2% change. During this period, the Zacks Wireless Equipment industry, which Qualcomm falls in, has gained 0.5%. The key question now is: What could be the stock's future direction?While media ...

Old and boring wireless communications chip technologist Qualcomm (QCOM 0.84%) sported a stellar total return (share price plus dividends reinvested) of 32% in 2023. It was an impressive showing, especially considering that the smartphone market (still the bulk of Qualcomm's revenue) was in a deep slump last year. But with the smartphone market bottoming out and 5G network expansion still ongoing, I'm optimistic Qualcomm stock can do well again in 2024. Here's why I added to my position to kick off the new ...

Qualcomm (NASDAQ:QCOM) stock is on the move Friday after Citi analyst Christopher Danely weighed in on the technology company’s shares.The Citi analyst upgraded shares of QCOM stock from a “neutral” rating to a “buy” rating today. Investors will note that the analysts’ consensus rating for Qualcomm shares is moderate buy based on 19 opinions.In addition to that, Danely bumped up the price target for QCOM stock from $110 per share to $160 per share. That represents a potential upside of 15.1% compared to its ...

Qualcomm Inc (NASDAQ: QCOM) has already gained close to 35% in less than three months but a Citi analyst is convinced that it’s not out of juice just yet.Qualcomm stock has upside to $160Copy link to sectionChristopher Danely upgraded the semiconductors behemoth this morning to “buy”. His $160 price objective suggests another 15% upside from here. The analyst is bullish on Qualcomm stock because he expects the company to report upbeat results for its fiscal fourth quarter in early February and issue solid g ...

The shares of semiconductor concern Qualcomm, Inc. (NASDAQ:QCOM) is 1.6% higher in premarket trading, pacing to open up above $141 after Citigroup upgraded the stock to "buy" from "neutral" and hiked its price target by $50 to $160. The analyst raised its revenue and earnings per share (EPS) guidance on Qualcomm, citing inventory replenishment in the handset space that they believe will continue through the first quarter of 2024.While the majority of analysts are already optimistic, there's still some room ...

In the latest trading session, Qualcomm (QCOM) closed at $139.31, marking a -0.41% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 0.75%.The the stock of chipmaker has risen by 2.35% in the past month, leading the Computer and Technology sector's gain of 1.51% and undershooting the S&P 500's gain of 3.4%.The investment community will be paying close attention ...

After a busy day, you log into your computer and see that another dividend payment landed in your portfolio. It’s a nice feeling that dividend investors can’t get enough of. They frequently reinvest dividends and contribute to their portfolios each month. Some dividend investors have detailed spreadsheets that show how many dividends they received each month. Any way you look at it, it’s a smart move for investors to pursue dividend stocks for long-term income and growth.Dividend investing is a realistic st ...

QUALCOMM Incorporated (QCOM) unveiled the Snapdragon XR2+ Gen2 chip platform engineered to support next-generation use cases in mixed reality (MR) and virtual reality (VR) applications. Key players in the Android ecosystem, Google and Samsung, are planning to integrate the advanced chipset into their products for best-in-class XR experience. This cutting-edge Qualcomm chip is poised to rival Apple’s forthcoming Vision Pro in the augmented reality space.The platform incorporates high-end MR and VR technology ...

In the latest trading session, Qualcomm (QCOM) closed at $136.17, marking a -1.04% move from the previous day. This change lagged the S&P 500's 0.34% loss on the day. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq decreased by 0.56%.Prior to today's trading, shares of the chipmaker had gained 5.88% over the past month. This has outpaced the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 2.56% in that time.The upcoming earnings release of Qu ...

About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...