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Investor Insights

This summary was created by AI, based on 28 opinions in the last 12 months.

Experts have mixed opinions about Qualcomm (QCOM-Q) with some highlighting its dominance in phone chips and potential for growth in EV and AI, while others express concerns about declining phone sales, overbought stock, and competition from Apple. The stock has seen consolidation and a recent breakout, but there are warnings about a potential pullback. Overall, the company is seen as strong fundamentally and undervalued, with potential for growth in the long-term.

Consensus
Mixed
Valuation
Undervalued
BUY
Qualcomm

Has a low PE compared to fellow chipmakers. They recently suffered from over-inventory, but have mostly worked through this. What's interesting in QCOM is their chips used in cars and the internet of things, so they have good growth potential.

Telecommunications
COMMENT
Qualcomm

Makes sense for QCOM to be interested in INTC, as it's a path to being more vertically integrated. Could create more synergies than other players. But you can't buy a stock hoping for a takeout; it may not occur.

Telecommunications
DON'T BUY
Qualcomm

He talked about the bid for Intel. Intel doesn't have any AI of any significance, is a low growth business, and missed the mobile window. It should be dilutive to earnings from a growth perspective

Telecommunications
TOP PICK
Qualcomm

He likes them without them buying Intel. It is one of the cheapest players in the chip space from a multiples perspective. For example Apple's P/E is near 40 but Qualcomm's is 25. They are working on new semi-conductor technology. He thinks it will re-visit its highs relatively soon, and considers it more of a trade than an investment.          Buy 29  Hold 14  Sell 1

(Analysts’ price target is $215.96)
Telecommunications
RISKY
Qualcomm

A play in the semiconductor space, if you really want to take some risk.

Telecommunications
PAST TOP PICK
Qualcomm
(A Top Pick Jul 20/23, Up 46%)

He sold some when it got above $200, then bought back below $150. It's 2% of his portfolio; when it gets to 2.5%, he brings it back to 2%. If it goes below 2%, he brings it back up. Likes it long term. 

The negative is repeated fights with AAPL; if the relationship ends, looking at $20 downside. Sexy side is AI on a chip; if that comes through, probably $70-80 upside.

Telecommunications
Unspecified
Qualcomm

It has been the beneficiary of the AI boom and he is not active in that space which is cyclical with high multiples. Also the big techs ate starting to produce their own chips.

Telecommunications
TOP PICK
Qualcomm

A royalty play in semis. You get an Apple scare from time to time, that Apple will stop using their chips (8-10% of QCOM's overall business). But he expects QCOM to keep making chips for Apple, but the future trend will be big companies making their own chips. He'd buy pullbacks but expects an uptick in shares by year's end.

(Analysts’ price target is $215.76)
Telecommunications
BUY ON WEAKNESS
Qualcomm
QCOM vs. AVGO

She prefers QCOM as a long-term hold. 9/10 on fundamentals. Small pullback presents a great entry point, still upside. Has participated in the chip rally. Wait for more of a pullback, as the broadening across other sectors will continue to bring up the market.

Telecommunications
PAST TOP PICK
Qualcomm
(A Top Pick Jul 20/23, Up 75%)

The whole mobile network works on Qualcomm technology. It has a connection to AI since it owns patents for robotic cars to talk to each other, although this is 5 to 10 years away. It became an AI play last fall. He still holds a core position.

Telecommunications
BUY
Qualcomm

It has stunk the previous two years, but  broken out and will continue to rally. Their chips are powering MSFT's tablets, and there's more to come.

Telecommunications
BUY
Qualcomm

Has just added more shares and owned this while, despite shares lagging in recent weeks. It's well-positioned considering Apple. Also, it pays nearly a 2% dividend. Will buy more if this pulls back.

Telecommunications
SELL
Qualcomm

Pretty fully priced, he took profit. He deploys profits into other names with decent runways. To determine if fully priced, he reviews the published analysts' price targets and does his own.

Telecommunications
TOP PICK
Qualcomm

Like Nvidia, though growth and volatility are a little less. Their deal with Microsoft of putting chips into PCs is great. And Apple extended their partnership by a year. Grows at 15% at a good 20x PE.

(Analysts’ price target is $198.15)
Telecommunications
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Qualcomm(QCOM-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 19

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 25

Stockchase rating for Qualcomm is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Qualcomm(QCOM-Q) Frequently Asked Questions

What is Qualcomm stock symbol?

Qualcomm is a American stock, trading under the symbol QCOM-Q on the NASDAQ (QCOM). It is usually referred to as NASDAQ:QCOM or QCOM-Q

Is Qualcomm a buy or a sell?

In the last year, 25 stock analysts published opinions about QCOM-Q. 19 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Qualcomm.

Is Qualcomm a good investment or a top pick?

Qualcomm was recommended as a Top Pick by on . Read the latest stock experts ratings for Qualcomm.

Why is Qualcomm stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Qualcomm worth watching?

25 stock analysts on Stockchase covered Qualcomm In the last year. It is a trending stock that is worth watching.

What is Qualcomm stock price?

On 2024-10-31, Qualcomm (QCOM-Q) stock closed at a price of $162.77.