Qualcomm (QCOM) has been witnessing significant activity in the investment community, with various firms adjusting their stock positions. Notably, Ethic Inc. and Wealthedge Investment Advisors have increased their positions, while firms such as Community Bank of Raymore and State of New Jersey Common Pension Fund have decreased their stake. Significant shares have been acquired by E Fund Management and Tokio Marine Asset Management, among others. Nunes LLC has purchased a whopping 3,448,430 shares. Amid this flurry of trading activity, the company has been consistently attracting investor attention, with its stock price showing an uptick. Reflecting ambitious growth aspirations, Qualcomm has set a revenue target of $4B for fiscal '26 and expects 20% Compound Annual Growth Rate (CAGR) to $8B by fiscal '29. Its focus on expansion into 5G and Artificial Intelligence (AI) technology, coupled with a strong Q3 performance, has been keeping investors confident. Despite facing competition from Intel and possible headwinds from Apple's exit, the firm maintains an 'Overweight' rating and its Q3 results have been interpreted positively. However, the outlook contains some skepticism as well, suggesting a possibility of future challenges.
Qualcomm QCOM News Analytics from Wed, 11 Jun 2025 07:00:00 GMT to Sat, 16 Aug 2025 12:24:36 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -6
