Qualcomm: From Smartphone Chip Specialist to all-Rounder of the AI era?
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The stock of Qualcomm receives significant analyst support. Analysts from Arete upgraded the rating from Neutral to Buy. The price target was raised from $172 to $200. Starting from fiscal year 2027, momentum should build for Qualcomm as it benefits from the shift to robotic cars, data centers, and edge AI devices. In short, the company, with a projected P/E of only 13, is transforming from a smartphone chip developer to a potential all-rounder of the AI era. IoT and Automotive drove the third quarter In the 3rd quarter of 2025, Qualcomm reported...
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