Qualcomm (QCOM) has been observed to outperform the broader market with many investment firms acquiring and increasing shares, demonstrating investor confidence. However, it is not without its challenges - the stock has seen a 7.8% decrease post the previous earnings report and faced a downgrade due to loss of Apple's business. Despite this, the arrival of the new
X85 Modem and slight dividend hike has presented a more positive outlook. The company has been classed as undervalued by certain analysts, suggesting it has potential for growth. Notably, it has attracted hedge fund interest. There is a mixed perspective on its AI growth story, but the strong quality of its business and healthy fundamentals are applauded by many. The firm is in the process of expanding beyond smartphones, contributing to advancements in
5G, AI, and wireless evolution. Share sales have also been noted, alongside concerns of a potential 40% stock fall. Despite a 0.56% stock movement, the
growth and future
'resurgence' of Qualcomm is predicted by analysts and it maintains its strong position as a dividend stock. The recent unveiling of three
Snapdragon G-Series Gaming Chipsets illustrates Qualcomm's push into handheld gaming. The launch of
DeepSeek is another positive factor. The company's earnings and revenue have surpassed estimates due to strong smartphone demand.
Qualcomm QCOM News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 22 Mar 2025 18:01:30 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor -5
