
QUALCOMM (QCOM) Stock Forecast & Price Target
QUALCOMM (QCOM) Analyst Ratings
Bulls say
Qualcomm is forecasted to experience strong revenue and earnings growth in the upcoming year, driven by increasing demand for 5G technology and a diversification into adjacent end markets. Additionally, the company's expansion into the automotive sector has been successful, with record revenue in this segment in the past quarter. Despite short-term challenges in the supply chain and potential economic slowdowns, Qualcomm is well-positioned to maintain its leadership in the wireless technology industry and continue delivering strong financial results.
Bears say
Qualcomm is facing challenges in its handsets revenue due to slower adoption of 5G smartphones and economic slowdowns causing reduced consumer and corporate spending. The company also has high exposure to the Chinese market, which may be impacted by the ongoing trade tensions. Despite strength in other segments like automotive and IoT, the delay in 5G adoption and uncertain economic conditions could continue to negatively impact Qualcomm's overall revenue and earnings.
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