
QUALCOMM (QCOM) Stock Forecast & Price Target
QUALCOMM (QCOM) Analyst Ratings
Bulls say
Qualcomm is poised for growth with its forecasted handset revenues expected to rise by 10% year-over-year, translating to approximately $6.8 billion, surpassing both prior estimates and market consensus. The company's Internet of Things (IoT) sector is projected to expand by around 15% year-over-year, reflecting increased demand for AI-driven applications, while automotive revenues are anticipated to grow significantly by 40% in FY25. Furthermore, Qualcomm's diversification strategy is gaining traction, evidenced by substantial growth in automotive and IoT sectors, which are predicted to comprise an increasing portion of the company’s total revenue over the next few years.
Bears say
Qualcomm's outlook is hindered by stagnant QTL revenues for FY25 due to unresolved licensing issues with Huawei and flat growth expectations for handset units. The company's projected CY25 earnings per share (EPS) of $11.30 falls below previous estimates and consensus, reflecting ongoing challenges in revenue generation. Additionally, a potential downturn in economic conditions may lead to increased delinquencies and lower financial health among vendors, further straining Qualcomm's financial performance.
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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