QUALCOMM Incorporated ($QCOM) Stock Forecast: Down 7.0% Today

What is QUALCOMM Incorporated?

Qualcomm (QCOM) is a semiconductor company recognized for its advancements in the mobile and wireless technology sector. Recently, the stock saw a significant decline in value amid market uncertainties.

Why is QUALCOMM Incorporated going down?

QCOM stock is down 7.0% on May 1, 2025 16:44

• Strong revenue growth was reported by Qualcomm in the second quarter, surpassing projections and signaling a favorable performance.
• Despite the optimistic financial results, the stock faced a notable drop during pre-market trading, potentially influenced by overall market sentiment or investor profit-taking activities.
• The company's strategies to broaden revenue sources through a focus on AI technology may have impacted investor trust in its future prospects.
• Market volatility assessments and concerns regarding the effects of Apple and trade tariffs on Qualcomm's operations likely played a role in the stock's decline, despite the encouraging earnings report.

QCOM Price Chart

QCOM Technical Analysis

QCOM News

Qualcomm Q2 Earnings Beat Estimates on Solid Revenue Growth

QCOM reports higher revenues year over year in the fiscal second quarter, backed by healthy demand trends in several markets.

https://www.zacks.com/stock/news/2460079/qualcomm-q2-earnings-beat-estimates-on-solid-revenue-growth

Qualcomm, Confluent, Pilgrim's Pride And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Granite Const ( NYSE:GVA ) , Confluent ( NASDAQ:CFLT )

U.S. stock futures were higher this morning, with the Dow futures gaining around 300 points on Thursday. Shares of QUALCOMM Incorporated QCOM fell sharply in today's pre-market trading as the company reported second-quarter financial results.

https://www.benzinga.com/trading-ideas/movers/25/05/45133084/qualcomm-confluent-pilgrims-pride-and-other-big-stocks-moving-lower-in-thursdays-pre-market-

Qualcomm Plans $22 Billion In 'Non-Handset' Revenue By 2029-With AI As Its Trojan Horse - Qualcomm ( NASDAQ:QCOM )

Semiconductor giant Qualcomm Inc. QCOM made a bold bet on its future, involving diversification across lucrative new verticals, with AI as the foundational enabler for this expansion over the course of this decade.

https://www.benzinga.com/news/earnings/25/05/45127498/qualcomm-plans-22-billion-in-non-handset-revenue-by-2029-with-ai-as-its-trojan-horse

Qualcomm Beats Q2 Expectations On Earnings, Revenue: CEO Highlights Focus On 'Critical Factors We Can Control' - Qualcomm ( NASDAQ:QCOM )

The company provided Q3 guidance for revenue and earnings per share. Today's manic market swings are creating the perfect setup for Matt's next volatility trade. Get his next trade alert for free, right here. Qualcomm Inc QCOM reported second-quarter financial results after market close Wednesday.

https://www.benzinga.com/news/earnings/25/04/45115978/qualcomm-beats-q2-expectations-on-earnings-revenue-ceo-highlights-focus-on-critical-factors-we-can-

Qualcomm Stock Momentum Faces A Midweek Stress Test - Apple, Tariffs To Blame? - Qualcomm ( NASDAQ:QCOM )

Qualcomm earnings Wednesday could test its outperformance as chip stocks broadly sink year-to-date. Wall Street eyes Apple breakup clues, tariff impacts and a potential 10% upside in Qualcomm shares. Don't face extreme market conditions unprepared.

https://www.benzinga.com/25/04/45098749/qualcomm-stock-momentum-faces-a-midweek-stress-test-apple-tariffs-to-blame

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QUALCOMM Incorporated Price History

03.03.2025 - QCOM Stock was down 5.3%

• Considering an acquisition to boost AI processor technology and then halting deal negotiations may have unsettled investors about Qualcomm's future growth prospects.
• A previous positive stock price change could have raised expectations to a level that wasn't met, potentially prompting the sell-off witnessed today.
• Investor skepticism about Qualcomm's strategic choices and their impact on the company's competitive stance in the AI chip integration market could be reflected in the market's reaction to its bearish movement.

03.03.2025 - QCOM Stock was down 10.3%

• Qualcomm's acquisitions of VinAI's Generative AI Division and MovianAI are geared towards bolstering its AI capabilities in various sectors, reflecting a strategic move in the AI market.
• Despite positive developments in Qualcomm's AI technology, investor selling pressure may have caused the recent stock decline following price increases.
• The market response could be influenced by uncertainties about Qualcomm's integration of these acquisitions and the revenue potential from its AI initiatives, leading to a declining stock trajectory.
• Investor apprehension regarding Qualcomm's rivalry with chip giants like ARM Holdings and its competitive position in the AI market could be contributing to the pessimistic outlook on the stock.

21.01.2025 - QCOM Stock was down 2.4%

• The decline in Qualcomm's stock today is associated with a notable increase in bearish options trading activity, reflecting a prevailing negative sentiment among investors with significant capital.
• The growing bearish outlook on Qualcomm may stem from uncertainties about the company's future performance, potentially linked to factors such as competition, regulations, or market conditions.
• Analysis of the options market indicates that some investors hold a pessimistic view on Qualcomm's short-term prospects, triggering downward pressure on the stock as traders brace for possible risks.

20.10.2024 - QCOM Stock was down 6.2%

• Despite optimism from analysts regarding Qualcomm's ventures into AI and automotive fields, the stock's downturn might be attributed to profit-taking or market adjustment.
• The company's aspirations for growth and expansion into IoT and automotive industries could be seen as positive for the future, but may not have resonated with short-term investors.
• Bearish options activity by investors likely intensified selling pressure on the stock, influencing its decline.
• Although Qualcomm's strategic forays into new markets show promise, the stock's recent bearish trend appears to have been swayed by short-term market forces and investor sentiment.

01.04.2025 - QCOM Stock was down 5.1%

• Qualcomm's stock fell sharply in today's pre-market trading after reporting second-quarter financial results, indicating potential disappointment among investors.
• Despite beating Q2 expectations on earnings and revenue, Qualcomm's stock momentum faced a stress test midweek, possibly due to concerns surrounding Apple's impact, tariffs, and overall market conditions.
• Qualcomm's ambitious plans to generate $22 billion in 'non-handset' revenue by 2029 through diversification and AI integration might not have been enough to offset current market pressures.
• The company's focus on controlling critical factors for growth, as highlighted by the CEO, may not have been sufficient to appease investor sentiment amidst broader market uncertainties.

18.11.2024 - QCOM Stock was down 3.3%

• The bearish movement in Qualcomm's stock today can be attributed to the unusual options activity, with a significant number of investors taking a bearish stance on the company.
• The ongoing legal dispute with Arm Holdings Inc. might have added to the negative sentiment surrounding Qualcomm, leading to a further decline in its stock price.
• Qualcomm's dip, outpacing the broader market, indicates that specific company-related factors are influencing its performance, rather than just overall market trends.
• Investors should closely monitor any developments in the legal dispute and options activity to gauge the future direction of Qualcomm's stock.

07.03.2025 - QCOM Stock was up 5.0%

• Qualcomm's acquisition of VinAI's Generative AI division showcases the company's commitment to expanding its AI capabilities, which likely contributed to investor optimism and the bullish market movement.
• The strategic buyout of MovianAI to enhance Qualcomm's AI portfolio strength indicates a proactive approach towards developing cutting-edge solutions for various industries, potentially attracting more investors to the stock.
• Despite a three-month slump prior, Qualcomm's recent moves in the AI space and its stock outperforming the market suggest renewed confidence in the company's growth prospects, driving the bullish momentum.

10.03.2025 - QCOM Stock was down 5.5%

• The surge in Qualcomm's stock price by 15.2% in the past session was not sustained, leading to a bearish movement today.
• Despite the recent rise in stock price, Qualcomm seems to be facing challenges as indicated by the three-month slump mentioned.
• The market dip could have contributed to the bearish movement in Qualcomm's stock today.
• Investors are advised to tread cautiously with Qualcomm's stock due to its fluctuating performance and the uncertain market conditions.

08.03.2025 - QCOM Stock was up 6.2%

• QCOM stock rose by 1.77% despite a dip in the overall market, showcasing its resilience and investor confidence.
• The acquisition of VinAI's Generative AI division and MovianAI highlights Qualcomm's strategic efforts to expand its AI capabilities, which likely contributed to the positive market sentiment.
• Speculation around Qualcomm and other chip giants targeting Alphawave for AI processor technology indicates the company's proactive stance in capturing opportunities for growth and innovation in the AI sector.
• Despite a recent three-month slump, Qualcomm's recent strategic moves and market positioning suggest a potential turnaround in its stock performance, making it a stock to watch for potential gains in the future.

11.03.2025 - QCOM Stock was up 5.1%

• The exemption of Taiwan Semiconductor-made chips from U.S. tariffs, coupled with high rates on U.S.-made chips by China, has had a positive impact on Qualcomm, influencing its bullish movement.
• Qualcomm's strong earnings history and promising outlook for its upcoming quarterly report have also boosted the stock's performance.
• The tech stock market rally, driven by recent tariff policy changes from President Trump, has further fueled Qualcomm's upward trajectory.
• In comparison to other tech stocks like Applied Materials, the favorable market sentiment and potential undervaluation position Qualcomm as an appealing choice for investors.

11.03.2025 - QCOM Stock was up 5.1%

• QCOM experienced a 15.2% surge, signaling significant positive momentum in the stock.
• The bullish movement may be linked to favorable market sentiment after a policy reversal by President Trump, resulting in a stock rally.
• Investors might see QCOM as a potentially undervalued option compared to other companies in the same sector, which could drive further increases in its value.
• Despite some worries regarding changes in earnings estimates, QCOM's performance indicates a positive future outlook, particularly as it increased while the overall market saw a slight decline.

01.04.2025 - QCOM Stock was down 7.0%

• Strong revenue growth was reported by Qualcomm in the second quarter, surpassing projections and signaling a favorable performance.
• Despite the optimistic financial results, the stock faced a notable drop during pre-market trading, potentially influenced by overall market sentiment or investor profit-taking activities.
• The company's strategies to broaden revenue sources through a focus on AI technology may have impacted investor trust in its future prospects.
• Market volatility assessments and concerns regarding the effects of Apple and trade tariffs on Qualcomm's operations likely played a role in the stock's decline, despite the encouraging earnings report.