The latest developments concerning Qualcomm QCOM brings a varied array of news. The tech giant consistently maintains its US$0.89 quarterly dividend, ensuring a September 2025 payout. However, its stock price appears varying, with Citi maintaining a Hold rating despite raising the Firm’s PT. Investment services have noted an array of activity, with Morningstar and Foundry Partners offloading shares, but entities such as Kestra Private Wealth Services and Stephens Inc. purchasing more.
CEO Cristiano Amon's ongoing efforts in rebuilding Qualcomm are certainly in focus, but market reports indicate the company has had a larger drop than the general market. Interestingly, Qualcomm has been identified as an undervalued chip stock in an uptrend, highlighted as an undervalued tech giant with strong potential for long-term gains.
The new Samsung Galaxy Z Fold7 is set to be powered by Qualcomm. Despite a slight slump in recent trading, Qualcomm is expected to see a price rise according to JPMorgan Chase & Co's analysis.
On the institutional confidence front, the company sees stability, although it still grapples with settlements echoing losses. News about Qualcomm executing a $2.4Bn AI Data Center Market Counteroffensive seems to paint a positive light on its future growth strategy.
Qualcomm QCOM News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 19 Jul 2025 14:33:52 GMT - Rating 2 - Innovation 6 - Information 7 - Rumor -4
