Qualcomm reported a 61% surge in automotive revenue and secured two hyperscaler custom silicon deals, signaling growth beyond its traditional handset business. Despite a 20% decline in handset revenue, the company aims for $40 billion in non-handset revenue by 2029, including over $15 billion from data centers. Trading at a forward P/E of 18, Qualcomm is undervalued compared to AI peers like Nvidia and Broadcom. The stock has a 24/7 Wall St. price target of $218.57, suggesting a 21% upside, driven by expanding data center business and automotive growth, with risks including margin pressure and handset revenue decline.
Qualcomm trades at USD 184.56 on Pluang as of Oct 28, 2026 19:51 WIB, below its 52-week high of USD 251.10 but well above its 52-week low of USD 124.07. This places Qualcomm in a mid-range position compared to its peak, with a modest 1-day gain of 0.21%. Despite strong growth prospects in automotive and data center segments, current Pluang order activity leans heavily toward selling at 88%, indicating cautious investor sentiment.
Anduril, partnering with Qualcomm, announced BlueChip, a rugged laptop with about 90% of its components made in the US or allied countries, targeting preorder availability in 2027. Designed for military and government use, BlueChip emphasizes securit...
Arm Holdings' stock has fallen 53.5% from its 52-week high to $210.33 amid a broader semiconductor sell-off, even as its revenue grows over 20%. The company benefits from three revenue streams: royalties, licensing, and silicon sales, with data cente...
