
QUALCOMM (QCOM) Stock Forecast & Price Target
QUALCOMM (QCOM) Analyst Ratings
Bulls say
Qualcomm's financial performance reflects a robust 11% year-over-year growth in QCT revenue, reaching $9.0 billion, driven by strong demand across its Handsets, IoT, and Automotive segments. The Handsets segment contributed $6.3 billion, marking a 7% increase year-over-year, bolstered by elevated premium-tier demand and a strategic multi-year agreement with Shomi for flagship devices in China. Furthermore, the IoT segment demonstrated impressive growth, with revenue surging 24% year-over-year to $1.7 billion, fueled by increased adoption of edge AI and enterprise AI appliances.
Bears say
Qualcomm's fourth-quarter revenue guidance of $10.3 billion to $11.1 billion indicates a slight decline when compared to previous estimates and consensus expectations, raising concerns about its growth trajectory. The company's FY2025 revenue estimate has also been revised downward to $43.52 billion, suggesting a weakening outlook amidst declining Apple-related revenues. Furthermore, Qualcomm's struggles in expanding its presence in the data center market due to slower-than-anticipated growth and an incomplete agreement with a key client highlight potential risks to its future financial performance.
This aggregate rating is based on analysts' research of QUALCOMM and is not a guaranteed prediction by Public.com or investment advice.
QUALCOMM (QCOM) Analyst Forecast & Price Prediction
Start investing in QUALCOMM (QCOM)
Order type
Buy in
Order amount
Est. shares
0 shares