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.
Kim Bolton
Semiconductors is a fast-moving sector with high valuations. Go with the 5G players. QCOM, which he owns, goes to the top of the list on valuation and potential growth. AMD has done exceptionally well, though valuation is a bit extreme. Not a bad way to play is through the SMH ETF. Nvidia has had the highest growth, but valuation also extreme. He wouldn't chase INTC, even though it's cheap.
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Kim Bolton
Gordon Reid
Kim BoltonAn essential 5G play Their platform is essential for 5G network. They spent year working on this technology. Customers include Apple. With 5G approaching, they'll see a payoff. Sells less than 20x 2022 earnings.
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Now that the patent litigation is over, there are a number of growth catalysts. Relative to peers, such as TSM, it has lagged in relative terms. There are reasons for this. You could take some profits if you have big gains. Will likely hold up well if there is a correction since it has not run up as much.