Technical Analysis: QCOM shows a bullish trend with the price consolidating above key moving averages. RSI(14) at 57.09 indicates moderate momentum without being overbought. The MACD line at 2.39 with a slight negative histogram (-0.39) suggests a minor pullback within an uptrend.
Price Levels:
News Impact: Recent news about Intel's potential breakup and Qualcomm's strong fundamental rating could create positive sentiment in the semiconductor sector. The Peter Lynch-based analysis showing a 91% rating for QCOM indicates strong fundamental backing.
Next Week's Price Projection: Based on technical indicators and news sentiment:
The stock shows strong potential for upward movement next week, supported by positive sector sentiment and technical indicators suggesting momentum buildup after recent consolidation.
The price of QCOM is predicted to go up -10.48%, based on the high correlation periods with TTMI. The similarity of these two price pattern on the periods is 97.28%.
QCOM
TTMI
Year
QCOM Price Forecast($)
Potential Return(%)
2025
200.000
26.720
2026
220.000
27.220
2027
250.000
44.570
2028
250.000
44.570
2029
250.000
44.570
2030
300.000
73.480
Qualcomm collects royalty income on the majority of 4G and 5G handsets sold, as it holds many essential patents used in these networks.
Qualcomm is the clear market leader in wireless chips, with a leading market-share position in 5G chipsets and relationships with every prominent smartphone maker. It has leveraged this expertise into the automotive and Internet of Things end markets.
Qualcomm appears poised to gain share in PC CPUs as, after many years of fits and starts, the Windows ecosystem might finally be tilting its support toward CPUs from companies like Qualcomm.
Mizuho
2025-01-07
Price Target
$245 → $215
Upside
+33.94%
Melius Research
2024-12-09
Price Target
$180
Upside
+11.98%
Susquehanna
2024-11-20
Price Target
$230 → $210
Upside
+36.12%