NASDAQ:QCOM
Qualcomm (QCOM)
Financials 
Technical Analysis 
Sep 5, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
Qualcomm (QCOM-Q) is experiencing a complex landscape, as indicated by varied expert reviews. Historically the largest player in the smartphone semiconductor market, Qualcomm's growth has been impeded by diminishing ties with key customers like Apple, leading to concerns about its future prospects. While some believe there is notable AI potential and advancements in sectors like automotive and IoT, others suggest that the stock is priced for stagnation, especially given its high forward price-to-earnings ratio compared to peers. The recent surge in stock value, a significant 76% over the past year, has raised questions about its sustainability, with experts suggesting it could be a good time to trim positions. Ultimately, there seems to be a divergence between its current valuation and realistic growth expectations, prompting a cautious perspective from various analysts.
It is on her watch list. Their outstanding litigation issues have been resolved and they just signed an agreement with AAPL-Q for modems. They are well positioned for 5G. It just pulled back on some negative news. She found other opportunities for growth stocks in other areas that are more attractive, but this one should have some nice growth over the next couple of years.
Qualcomm vs. Intel They hold the patent on the entire cell phone system. They have settled suits with China and Apple and are getting big payments. The stock has moved up nicely. 5G will be a boon for them globally. QCOM will continue to rise. Intel used to be the big leader in microchips until peers have overtaken them. But Intel will catch up, and the stock is now cheaply valued and pays a decent dividend. QCOM is for growth and Intel is a turnaround story. You can buy both.
QCOM vs. MSFT His concern is that a lot of the passive money is driving the price of MSFT. Not cheap, almost 30x forward earnings for an 11-12% growth rate. If you own it, keep it. Or if you have too much, pare back. Qualcomm has done well, starting to outperform with the rest of the semis. Qualcomm trades at 21x with 12% growth rate. If you trim MSFT, you could buy some QCOM. Gets you away from everyone owning the large cap names through ETFs.
There are lots of cross currents with this one. An Apple settlement in April helped the stock price. A court ruling that the company's royalty strategy was illegal and now up the air again. Now China stealing intellectual property from them could be harmful as well.
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Forget the semi ETFs and buy individual semi stocks. They are too different to buy as a group. Chipmakers like this will benefit from this week's reports that Apple will boost iPhone 12 production in 2021.