
QUALCOMM (QCOM) Stock Forecast & Price Target
QUALCOMM (QCOM) Analyst Ratings
Bulls say
Qualcomm is positioned for strong growth, with projected handset revenues set to increase by 10% year-over-year, reaching approximately $6.8 billion, which exceeds previous expectations. The company's Internet of Things (IoT) segment is anticipated to grow by roughly 15% year-over-year, supported by the rising demand for AI-enabled applications, contributing significant revenue increases in the upcoming fiscal years. Additionally, automotive revenue is forecasted to rise dramatically, with a 40% increase to $4.1 billion in FY25, highlighting Qualcomm's successful diversification strategy and its solid foothold in emerging markets.
Bears say
Qualcomm's management has indicated that QTL revenues for FY25 are expected to remain flat, largely due to unresolved licensing negotiations with Huawei and stagnant growth in handset units. The company's projected EPS for CY25 has been revised down to $11.30, falling below both previous estimates and consensus, reflecting growing concerns about declining revenue from core smartphone sectors. Additionally, external economic factors, including potential increased delinquencies and the fallout from deteriorating economic conditions, pose significant risks to Qualcomm's financial performance and overall market stability.
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
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