Qualcomm Incorporated: A Strong Contender in the Semiconductor Industry

Qualcomm (NASDAQ:QCOM) is a leading player in the semiconductor industry, known for its innovative technologies in mobile and wireless communications. The company is set to announce its third-quarter fiscal 2025 earnings on July 30, with expectations of $10.36 billion in revenue and earnings per share of $2.68. Despite a slight decline in earnings estimates for fiscal 2025 and 2026, Qualcomm has consistently surpassed earnings expectations, with an average surprise of 6.43% over the past four quarters.

Bernstein reiterated its "Outperform" rating for Qualcomm on July 28, 2025, with the stock priced at $161.20. This rating suggests confidence in Qualcomm's future performance, even as the company faces challenges from growing competition in the mid-range smartphone market. Low-cost chipmakers are exerting margin pressure, but Qualcomm's strategic focus on premium handsets and automotive sectors is expected to drive growth.

Qualcomm's CDMA Technologies division is a key driver of its anticipated growth, producing chips for mobile devices. Analysts forecast a 15% increase in earnings per share to $2.71, with revenue expected to grow by 10% to $10.3 billion. The demand for premium chipsets, such as the Snapdragon 8 Elite, is rising as manufacturers like Samsung, Vivo, and Oppo adopt these advanced technologies.

Beyond mobile, Qualcomm is expanding into the automotive and IoT sectors. The company's chips are increasingly integrated into vehicles and devices like Meta’s Quest VR headsets and Windows PCs. In the previous quarter, Qualcomm reported a significant 59% year-over-year growth in its automotive sector, achieving $959 million in revenue, highlighting its successful diversification strategy.

Qualcomm is recognized as one of the most affordable large-cap semiconductor stocks, especially compared to industry giants like NVIDIA and AMD. Despite its attractive valuation, Qualcomm's shares have not experienced the same level of movement as its larger peers. However, recent developments suggest a potential change, with the stock rising nearly 30% since April. Investors are optimistic about Qualcomm's upcoming earnings report, which could further influence the stock's trajectory.

QUALCOMM (NASDAQ:QCOM) delivered better-than-expected second-quarter results, but a tepid forecast for the current quarter overshadowed the beat, sending shares down over 8% intra-day today.

The chipmaker reported earnings of $2.85 per share, topping analyst estimates of $2.80. Revenue came in at $10.84 billion, ahead of the $10.55 billion consensus, reflecting continued strength in its core business.

Despite the solid results, the company’s guidance for the third quarter disappointed investors. Qualcomm expects revenue between $9.9 billion and $10.7 billion, with the midpoint falling short of the $10.33 billion average forecast. The projected EPS range of $2.60 to $2.80 also implies limited upside, with the midpoint only slightly above the Street’s $2.66 estimate.

CEO Cristiano Amon emphasized the company’s focus on controllable factors amid macroeconomic and trade uncertainties. Still, the softer outlook weighed on sentiment, suggesting that near-term demand may face headwinds in key markets.

While the company remains operationally sound, Qualcomm’s guidance signals a more cautious approach to the second half of the year, prompting a wave of investor profit-taking.

QUALCOMM (NASDAQ:QCOM) delivered better-than-expected second-quarter results, but a tepid forecast for the current quarter overshadowed the beat, sending shares down over 8% intra-day today.

The chipmaker reported earnings of $2.85 per share, topping analyst estimates of $2.80. Revenue came in at $10.84 billion, ahead of the $10.55 billion consensus, reflecting continued strength in its core business.

Despite the solid results, the company’s guidance for the third quarter disappointed investors. Qualcomm expects revenue between $9.9 billion and $10.7 billion, with the midpoint falling short of the $10.33 billion average forecast. The projected EPS range of $2.60 to $2.80 also implies limited upside, with the midpoint only slightly above the Street’s $2.66 estimate.

CEO Cristiano Amon emphasized the company’s focus on controllable factors amid macroeconomic and trade uncertainties. Still, the softer outlook weighed on sentiment, suggesting that near-term demand may face headwinds in key markets.

While the company remains operationally sound, Qualcomm’s guidance signals a more cautious approach to the second half of the year, prompting a wave of investor profit-taking.

Qualcomm Incorporated (NASDAQ:QCOM) is a leading player in the technology sector, known for its innovations in wireless technology and semiconductor solutions. The company is a key supplier of chips for mobile devices and has a strong presence in the 5G market. Competitors include companies like Intel and Broadcom, but Qualcomm's unique position in the 5G space sets it apart.

In recent performance, QCOM has shown resilience with a 30-day gain of 5.78%, indicating a positive trend. Despite a 2.23% decline over the past 10 days, this dip may offer a strategic buying opportunity. The stock's local minimum suggests potential for recovery, aligning with its overall upward trajectory.

Looking ahead, analysts project a 12.16% growth potential for QCOM, highlighting significant upside. The target price of $188.75 reflects confidence in the stock's ability to rebound. This growth potential is supported by Qualcomm's strong market position and ongoing innovations in technology.

Fundamentally, QCOM is robust, with a Piotroski Score of 8. This score indicates strong financial health, encompassing profitability, leverage, liquidity, and operating efficiency. Such solid fundamentals provide a stable foundation for future growth and investor confidence.

Overall, Qualcomm's blend of recent performance, growth potential, and strong fundamentals makes it an attractive investment. The recent price dip could be a strategic entry point for investors seeking exposure to a leading technology company with a promising future.

Qualcomm Incorporated (NASDAQ:QCOM) is a leading player in the technology sector, known for its innovations in wireless technology and semiconductor solutions. The company is a key supplier of chips for mobile devices and has a strong presence in the 5G market. Competitors include companies like Intel and Broadcom, but Qualcomm's unique position in the 5G space sets it apart.

In recent performance, QCOM has shown resilience with a 30-day gain of 5.78%, indicating a positive trend. Despite a 2.23% decline over the past 10 days, this dip may offer a strategic buying opportunity. The stock's local minimum suggests potential for recovery, aligning with its overall upward trajectory.

Looking ahead, analysts project a 12.16% growth potential for QCOM, highlighting significant upside. The target price of $188.75 reflects confidence in the stock's ability to rebound. This growth potential is supported by Qualcomm's strong market position and ongoing innovations in technology.

Fundamentally, QCOM is robust, with a Piotroski Score of 8. This score indicates strong financial health, encompassing profitability, leverage, liquidity, and operating efficiency. Such solid fundamentals provide a stable foundation for future growth and investor confidence.

Overall, Qualcomm's blend of recent performance, growth potential, and strong fundamentals makes it an attractive investment. The recent price dip could be a strategic entry point for investors seeking exposure to a leading technology company with a promising future.

Melius Research initiated coverage on Qualcomm (NASDAQ:QCOM) with a Hold rating and a price target of $180, reflecting a valuation of approximately 14 times the firm's fiscal 2027 earnings per share estimate of $12.52.

The analysts acknowledged Qualcomm's long-standing reputation as a pioneer in mobile technology and its track record of innovation in high-performance chipsets. However, concerns over slowing growth weighed on the outlook. Revenue growth is projected to decelerate from high single digits to just 3% over the next two years, significantly lagging the mid-teens average of comparable companies in an AI-driven market cycle.

This anticipated slowdown led to a valuation at the lower end of the peer group, tempering expectations despite Qualcomm’s strong intellectual property and attractive positioning within the semiconductor industry.