AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Qualcomm's share price has pulled back 6.6% over the past week, but remains up 7.4% year-to-date and 9.4% over the past 12 months. The stock is undervalued by 12.1%, with a fair value of $187.71, significantly above its recent close at $165.06. Analysts are optimistic about the company's potential due to rapid growth in automotive and industrial IoT segments, supported by strong design win momentum and a robust multi-year pipeline. However, heightened competition and shifts in major customer relationships could challenge Qualcomm's future growth assumptions.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet