Stock Price & Analysis

Based on the provided data and recent market activity, here's a concise analysis for QCOM:

Technical Analysis

• Recent price action shows QCOM experienced a significant decline of -4.76% in the last trading session, closing at $165.43
• The stock is currently testing its Fibonacci support level at $166.72, with next support at $164.06
• RSI-14 at 43.71 indicates neutral momentum but approaching oversold territory
• MACD shows slight bearish divergence with -0.70 histogram value

Fundamental Strength

• Trading at an attractive P/E ratio of 18, the lowest among major semiconductor companies
• Strong Q1 FY2025 performance with:
  • Revenue of $11.7B (+17% YoY)
  • Net income of $3.2B (+15% YoY)

Recent Developments

• Receiving positive analyst coverage:
  • Barclays maintains Buy rating with $185 PT
  • Evercore ISI holds with $179 PT
  • Consensus price target of $196.65 suggests 16.14% upside potential

Recommendation: SELL

• Despite strong fundamentals, technical indicators suggest near-term weakness
• Recent sharp decline and semiconductor sector weakness indicate potential further downside
• Better entry points likely to emerge around $164 support level
• Consider waiting for technical indicators to show reversal signs before establishing new positions

Based on the provided data and market analysis, here is the price prediction for QCOM stock in 2025:

Technical Analysis

Price Target Analysis

QCOM is expected to reach $203-215 by end of 2025, representing a 22-30% upside from current levels, driven by three key factors:

1. Strong AI chip adoption in automotive sector with 55% YoY growth and expanding presence in PC market competing with AMD and Intel

2. Analysts maintain bullish stance with mean price target of $203.35 and street-high target of $270, supported by smartphone sector recovery and market share gains

3. Attractive valuation with P/E of 19x, significantly below semiconductor peers, providing room for multiple expansion as AI initiatives gain traction

The stock has shown resilience with 21% gain over past 52 weeks, outperforming both S&P 500 and Technology sector. Strong Q1 FY2025 guidance projecting revenue of $10.5-11.3B further supports the bullish outlook.

The S1 support level for QCOM Stock is $162.03 ,The R1 resistant level for QCOM Stock is $175.06.

As of the end of day on 2025-02-26, the price of QCOM Stock was $162.15.

The target price for QCOM Stock according to analyst rating is 200.16, with the highest price target at 250.00 and the lowest at 160.00. Analysts have a Moderate Buy rating on QCOM Stock overall.

The market cap of QCOM is $178.3B.

Based on the provided data and context, I'll analyze whether QCOM is overvalued through multiple perspectives.

Technical Analysis QCOM's current price of $165.43 shows significant weakness, with RSI-14 at 43.71 indicating neutral but slightly bearish momentum. The stock is trading below its 200-day SMA of $174.63, suggesting some technical weakness.

Valuation Metrics

• Forward P/E: 16.52x (2023/FY) vs 10.62x (2022/FY)
• EV/EBITDA: 11.87x (2023/FY) vs 8.76x (2022/FY)
• P/S: 3.38x (2023/FY) vs 3.12x (2022/FY)

Financial Performance Revenue declined from $44.2B in FY2022 to $35.82B in FY2023, while net income dropped from $12.94B to $7.23B. Despite the decline, QCOM maintains healthy margins with a gross margin of 55.7% and net margin of 20.49%.

Analyst Consensus Recent analyst ratings show a balanced view with 16 Strong Buy, 1 Moderate Buy, 14 Holds, and 1 Strong Sell. The mean price target is $190.90, with estimates ranging from $160 to $250.

Conclusion QCOM is not overvalued considering its strong market position in 5G and automotive chips, healthy margins, and trading below analyst consensus targets. While recent financial metrics show some deterioration, the current valuation multiples remain reasonable for a leading semiconductor company with significant growth potential in emerging markets.

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.

Based on the provided data and market analysis, here is the price prediction for QCOM stock by 2030:

QCOM stock is projected to reach $240-250 by 2030, driven by its dominant position in 5G technology, growing automotive segment (currently at 7.4% of revenue with 55% YoY growth), and expanding AI capabilities through its Snapdragon platform. The company's strong financial health with 28.5% net margin and consistent dividend yield of 1.96% provides stability for long-term growth.

The recent analyst consensus shows a "Moderate Buy" rating with a mean price target of $203.35 and a street-high target of $270, indicating strong growth potential in the medium term that supports the 2030 projection.

QCOM has a total of 50000 employees.