QUALCOMM Incorporated (QCOM) Boosts Analyst Trust with Accelerated AI and Data Center Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: 2 hour ago0mins
Qualcomm's Growth and Diversification: Qualcomm Inc. is recognized as a leading augmented reality stock, with a Buy rating from JPMorgan due to its successful diversification into Automotive and IoT sectors, resulting in over 20% compound annual growth in the past five years.
AI and Data Center Strategy: The company is expected to see accelerated growth from its data center strategy, focusing on power and memory challenges, with significant revenue opportunities anticipated by 2027 through its AI 200 and AI 250 products.
Collaboration with Adobe and Humain: Qualcomm has partnered with Adobe and the AI company Humain to develop generative AI tools in Arabic, which will utilize Qualcomm's AI chips and support a new research and development center in Riyadh.
Position in the AR Market: While Qualcomm is a key enabler in the AR space through its processors and technologies, it is primarily a broader technology company with interests in mobile processors, telecommunications, and IoT, rather than a manufacturer of complete AR devices.
QCOM.O
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Analyst Views on QCOM
Wall Street analysts forecast QCOM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QCOM is 198.00 USD with a low forecast of 165.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
12 Buy
5 Hold
1 Sell
Moderate Buy
Current: 175.070
Low
165.00
Averages
198.00
High
225.00
Current: 175.070
Low
165.00
Averages
198.00
High
225.00
Citi
Neutral
maintain
2025-11-19
Reason
Citi
Price Target
2025-11-19
maintain
Neutral
Reason
Citi believes Qualcomm (QCOM) may be evaluating Intel Foundry (INTC) for its data center application-specific integrated circuits business, which represents less than 1% of its sales. Citi found Qualcomm job postings with qualifications including Intel's embedded multi-die interconnect bridge packaging technology, the analyst tells investors in a research note. The firm also found Apple (AAPL) and Broadcom (AVGO) job postings that include references to Intel's packaging technology. Citi, which doubts the agreements would be material for Intel, points out the three potential contracts would be for packaging, which brings low pricing and margins. Citi keeps a Neutral rating on Qualcomm and Sell rating on Intel.
Mizuho
NULL -> Outperform
maintain
$185 -> $200
2025-11-06
Reason
Mizuho
Price Target
$185 -> $200
2025-11-06
maintain
NULL -> Outperform
Reason
Mizuho raised the firm's price target on Qualcomm to $200 from $185 and keeps an Outperform rating on the shares.
Baird
Tristan Gerra
Outperform
to
Outperform
downgrade
$216 -> $200
2025-11-06
Reason
Baird
Tristan Gerra
Price Target
$216 -> $200
2025-11-06
downgrade
Outperform
to
Outperform
Reason
Baird analyst Tristan Gerra lowered the firm's price target on Qualcomm to $200 from $216 and keeps an Outperform rating on the shares. The firm said diversification is wll under way with multiple expansion ahead and AI is a wild card.
Piper Sandler
Harsh Kumar
Overweight
maintain
$175 -> $200
2025-11-06
Reason
Piper Sandler
Harsh Kumar
Price Target
$175 -> $200
2025-11-06
maintain
Overweight
Reason
Piper Sandler analyst Harsh Kumar raised the firm's price target on Qualcomm to $200 from $175 and keeps an Overweight rating on the shares. The firm notes the company delivered a significant beat of roughly $500M in the September quarter and also guided up for the December quarter by a similar magnitude. Piper feels that Qualcomm is able to mitigate concerns around its largest customer, supported by stronger traction within the Android base, particularly through higher content to increase in AI in computing cores.
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About QCOM
Qualcomm Incorporated is engaged in the development and commercialization of foundational technologies for the wireless industry, including third generation (3G), fourth generation (4G) and fifth generation (5G) wireless connectivity, and high-performance and low-power computing, including on-device artificial intelligence. Its segments include Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives. QCT develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies, including radio frequency front-end, digital cockpit and advanced driver assistance and automated driving, Internet of things including consumer electronic devices, industrial devices and edge networking products. QTL grants licenses or otherwise provides rights to use portions of its intellectual property portfolio that includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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