Qualcomm is trading at $162.68 with a 24/7 Wall St. price target of $226.08, implying nearly 39% upside in the next year. Despite a recent 14% drop and handset revenue falling 20% due to China inventory issues, the company’s automotive segment grew 61%, and new data center deals are set to start shipping by December 2026. The CEO projects non-handset revenues to nearly double by 2029, driven by automotive and AI-related growth. Risks include rising costs and Apple reducing modem use, but the stock’s current valuation appears undervalued given its growth potential.
Qualcomm has underperformed the semiconductor sector with only a 16% return over five years compared to SOXX's 227%, mainly due to its reliance on handsets. However, the company is aggressively diversifying into AI, automotive, and robotics, aiming f...
The article compares two popular U.S. retirement income ETFs: Schwab U.S. Dividend Equity ETF (SCHD) and JPMorgan Equity Premium Income ETF (JEPI). SCHD focuses on growing qualified dividends from strong American companies, offering a lower yield (~3...
Marvell Technology's stock rose 6% after recent declines, driven by renewed investor interest in AI silicon linked to hyperscaler spending. The company benefits from custom silicon and data-center demand, unlike Qualcomm, which has less exposure to c...
Qualcomm's stock dropped 30% over three months after a mixed Q3 earnings report and lowered guidance, while peers surged on AI momentum. Despite handset revenue declines and margin pressures, analyst Tristan Gerra from Baird projects a $400 price tar...
Ultrahuman, an Indian startup known for smart rings, raised $70 million in a funding round led by Qualcomm Ventures and others, valuing the company at $365 million. The startup aims to evolve its rings from simple health trackers to devices capable o...
