- Qualcomm (QCOM, Financial) introduces its powerful new Snapdragon 8s Gen 4 chipset, boosting share prices slightly.
- Wall Street analysts project a significant potential upside for Qualcomm's stock, averaging at 31.14%.
- GuruFocus estimates a modest 8.99% upside based on calculated GF Value for the upcoming year.
Qualcomm (QCOM) has taken a significant step forward with its recent launch of the Snapdragon 8s Gen 4 chipset, garnering positive attention from investors. By employing Taiwan Semiconductor's (TSM) advanced 4nm process, Qualcomm's latest innovation integrates cutting-edge features such as Wi-Fi 7 and Bluetooth 6.0, all while supporting UFS 4.0. Graphics and AI performance enhancements of 49% and 44% respectively over the Snapdragon 8s Gen 3 underscore the chipset's prowess. While Qualcomm has not announced a specific release date, anticipation is high among Android manufacturers eager to integrate this cutting-edge technology.
Wall Street Analysts Forecast
Investment analysts on Wall Street are projecting promising growth for Qualcomm Inc (QCOM, Financial). The consensus among 30 experts yields an average price target of $201.63, with predictions ranging from a high of $270.00 to a low of $160.00. This target price suggests a potent 31.14% upside from the current trading price of $153.75, signaling strong potential for investors. Detailed analyst predictions can be accessed on the Qualcomm Inc (QCOM) Forecast page.
Qualcomm Inc's (QCOM, Financial) brokerage sentiment remains optimistic, with an average rating of 2.4 from 38 firms, reflecting an "Outperform" status. This rating scale, where 1 indicates a Strong Buy and 5 a Sell, demonstrates the confidence financial experts have in Qualcomm's trajectory.
GuruFocus Estimated GF Value
According to GuruFocus, the estimated GF Value for Qualcomm Inc (QCOM, Financial) in the coming year is projected at $167.57. This figure indicates a potential upside of 8.99% from its current price of $153.7501. The GF Value represents GuruFocus' estimation of the stock's fair trading value, based on historical trading multiples, past growth, and future business performance predictions. For more comprehensive insights, investors can visit the Qualcomm Inc (QCOM) Summary page.
