QUALCOMM Incorporated (QCOM) shares have been a focal point for investors, with the company's strong Q3 earnings contributing to a surge in share value and sparking aggressive buybacks. Although Mizuho reduced its price target due to QCT margin concerns, the overall confidence in QCOM remains high. By leveraging AI, automotive, and IoT sectors, QCOM expects a significant growth in 2025.
Although there are concerns about the company's partnership with Apple, strong Q3 results assert the firm's resilience in the market. Prominent investors like Invesco, and Manhattan West Asset Management have also significantly increased their position in the company. Furthermore, QCOM’s drive towards AI development provides optimism for their expansive growth.
Despite slight concerns about QCOM's revenue growth from some quarters, the company's Q3 revenue rose by 10%, buoyed by factors such as Meta smartglasses. With Rosenblatt Securities reaffirming its ‘Buy’ rating and Jim Cramer suggesting a high potential due to AI, QCOM's future appears promising, even amid speculation over the impact of Apple's modem loss.
Qualcomm QCOM News Analytics from Thu, 10 Jul 2025 07:00:00 GMT to Sat, 09 Aug 2025 18:54:58 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor -6
