NASDAQ:QCOM

Qualcomm (QCOM)

182.51
-3.97 (2.13%)
as of Jul 7, 2026, 4:42:31 pm Market Open.
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Investor Insights
star iconJul 6, 2026, 12:00 am

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

Qualcomm (QCOM) has recently made significant moves in the market, leading some experts to view it as a top pick with considerable AI potential, despite certain challenges such as losing Apple's business and reliance on the smartphone market. The company is seen as diversifying away from handsets into promising sectors like the Internet of Things (IoT) and automotive technologies, which are expected to foster double-digit growth. Analysts highlight the current valuation as attractive given its price-to-earnings ratio compared to peers and note that Qualcomm remains a key player in mobile connectivity, despite its historical ties to the slower-growing smartphone market. Analysts differ in their outlook, with some suggesting it’s time to exit due to a lack of growth in core areas, while others believe its expansions position it well for future opportunities.

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Consensus
Hold
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Valuation
Undervalued
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BUY
His top semi (AMD is close). Shares have come off recently over worries of cell phone sales. Earnings come out tomorrow. Trades at 12x forward earnings.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 22/22, Down 14.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with QCOM has triggered its stop at $135. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 11%, when combined with our previous buy recommendation.
TOP PICK
The king of CPUs. Their IP, chips and software are all related to 5G as they start to roll it out. Business units are geared towards 5G, another to intellectual property, another in design. He targets $214. (Analysts’ price target is $206.03)
BUY
QCOM vs. GOOG Likes both. QCOM has fallen, though fundamentals continue to be extremely strong. Reach is expanding with 5G and internet of things. Less reliance on AAPL. Good holding. GOOG is also a good holding. Don't believe that FAANG stocks are expensive. Looking at the fundamentals, GOOG trades at only a slight premium to the market, but is growing many times what the market and economy are.
BUY ON WEAKNESS
The stock has come off a lot this year to around $140. Maybe buy around $120 this quarter. This is a long-term add in a sector that will continue to grow. Valuations are attractive.
BUY ON WEAKNESS
Does not own stock, but low price on stock could present buying opportunity. Thinks there are other companies in the sector that might be better investment. Growth rate not as strong as competitors.
BUY
It's a bellwhether like Apple. Semis are doing well and 5G demand is rising. Qualcomm is a depressed stock with a great balance sheet and are buying back over $10 billion of shares. This and Facebook and Google are value tech stocks that you should buy on dips. Investors will reward true earnings and growth during rising interest rates.
BUY
The PE should expand to 20x, which means $230 a share or 45% higher. They're growing and diversifying their earnings away from Apple and smartphones and into cars and the internet of things.
DON'T BUY
For whatever reason, this is a stock that pauses and can't make it to new highs. Yes, its PE should expand to a 20x, but how and when? There's a lot going on in 5G, so these companies can benefit, but he prefers Micron, AMD, Marvell and Nvidia.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly We again reiterate this tech leader as a TOP PICK. It’s strategy in 5g growth is paying off as earnings again beat expectations. With an aggressive share buyback program, it is generating a high ROE and only trades at 18x earnings compared to peers at 34x. It has grown the dividend for 20 consecutive years and it is backed by a payout ratio under 40% of cash flow. We continue to recommend a stop-loss at $135, looking to achieve $205 -- upside potential of 26%. Yield 1.95% (Analysts’ price target is $205.17)
TOP PICK
Inexpensive, high quality. Trades inexpensively in lower teens multiple. Lots of applications for its chips. Solid growth. Market gets worried about AAPL pulling the plug, but QCOM has been building businesses outside that relationship. If AAPL were to cut ties, less than a 20% hit. Yield is 1.79%. (Analysts’ price target is $214.59)
PAST TOP PICK

(A Top Pick Feb 18/21, Up 24%) He couldn't understand why this was trading in the mid/low teens in PE. It's growing well within the semis revolution. It helps that they rely on Apple. The street is realizing that their other businesses are growing at a far faster pace. So, when the Apple deal expires in 2023, Apple will comprise under 20% of QCOM's business. QCOM is supplying EVs, 5G and the internet of things. Exciting. Despite rallying QCOM is trading around only 15x earnings.

PAST TOP PICK
(A Top Pick Jan 21/21, Up 11%) Reports tonight. Price target of $209. King of CPUs, competes with NVDA on GPUs. Outsource manufacturing. Making great hay on 5G. Recent acquisition will help them scale up to smartphones and PCs. Buy in thirds here at $175, 165, and 155. Stop of $145.
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