There's a mixed sentiment surrounding tech giant Qualcomm based on the gathered news report. While some investors are strategically trimming down their stock holdings of the semiconductor company like Wealthfront Advisors and Swiss National Bank, other investment firms are upping their stakes. Among them, Natural Investments, Antipodes Partners, and various individual asset management services like Farther Finance Advisors, Ironwood Investment Counsel, and Impact Capital Partners have reportedly seen positioning themselves stronger in the firm. Reviews on the company's growth outlook have also been varied, with some forecasting a 40% fall in Qualcomm's stock price even as ratings from TD Cowen and StockNews.com remain positive, projecting a price target of $195 and maintaining a ‘Buy’ status.
Qualcomm's strategic moves in 5G, AI, and wireless evolution are increasingly drawing attention while notable advancements such as the launch of DeepSeek also reportedly draw analysts' optimism regarding the company's future. Tales of Qualcomm underperforming the tech sector contrasts reports hailing it as the top growth stock for the long term, the best cheap tech stock to buy and the most undervalued semiconductor stock. The company's earnings and revenue remain robust amid strong smartphone demand, and there are expectations of continued earnings growth.
Qualcomm QCOM News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 15 Mar 2025 23:41:54 GMT - Rating 2 - Innovation 5 - Information 8 - Rumor -3