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Investor Insights

This summary was created by AI, based on 21 opinions in the last 12 months.

Qualcomm (QCOM) has garnered significant attention from analysts, primarily due to its strategic positioning in the semiconductor market and its potential role in burgeoning AI applications. Many experts highlight its relatively low price-to-earnings (PE) ratio compared to peers, alongside a modest dividend yield of around 2-2.5%. The resolution of the ARM lawsuit and predicted momentum in the semiconductor sector have contributed positively to its outlook. However, some analysts caution about the cyclical nature of the chip industry and potential risks from competitors, particularly in the AI space. Overall, Qualcomm's unique technology and patents make it a compelling long-term option for investors despite occasional volatility tied to its relationships with major clients like Apple.

Consensus
Buy
Valuation
Fair Value
BUY

Trades at 12.5x PE, trades at a 41% discount to semi sector, and they've done a good job moving into EVs.

BUY

He bought more. 14x forward PE and pays a 2.3% dividend yield. Good value. The ARM lawsuit was an overhang, but now resolved in QCOM's favour. This and the semis saw momentum in the first half of 2024. Business fundamentals remain intact; only QCOM can serve certain AI applications. Likes it for the long run.

WATCH

One of the major chip maker names to consider for your portfolio. Adds value to the supply chain.

BUY

It reports Wednesday. Good risk/reward with shares rallying after an earnings beat but not declining much after a miss. They may buy Intel, which is rallying these days.

BUY

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.

COMMENT

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.

DON'T BUY

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

TOP PICK

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)
RISKY

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

PAST TOP PICK
(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.

Unspecified

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.

TOP PICK

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)
BUY ON WEAKNESS
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.

PAST TOP PICK
(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.

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Qualcomm(QCOM-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 15

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, 15 stock analysts published opinions about QCOM-Q. 12 analysts recommended to BUY the stock. 2 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?

15 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 2025-03-14, Qualcomm (QCOM-Q) stock closed at a price of $156.58.