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QUALCOMM Incorporated ($QCOM) Stock Forecast: Down 9.8% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is QUALCOMM Incorporated?

Qualcomm (QCOM) is a prominent technology company recognized for its advancements in the mobile and wireless sector. Recently, the stock faced a notable decline attributed to difficulties in the handset market.

Why is QUALCOMM Incorporated going down?

QCOM stock is down 9.8% on Feb 5, 2026 20:47

  • Qualcomm shares dropped by 10% following the disclosure in the company's second-quarter guidance that memory supply limitations are affecting handset revenue. This has raised concerns about the company's future growth prospects.
  • Analysts have revised their outlook on the stock, lowering price targets and expressing apprehension about the persisting challenges until 2026, which has influenced the negative sentiment towards Qualcomm.
  • Market apprehensions regarding valuations and economic expansion, sparked by a significant capital expenditure projection for AI infrastructure by Alphabet, are believed to have further intensified the sell-off not only in Qualcomm but also in other technology stocks.
  • Despite the favorable performance of Qualcomm's auto and IoT divisions, setbacks in market share with major clients such as Samsung and Apple are impeding the growth of its handset sector. This factor contributes to the overall downward trend observed in the company's stock value.

QCOM Price Chart

QCOM Technical Analysis

QCOM News

Why Alphabet (GOOGL) stock crashed today, Feb 5: what happened to Alphabet shares as the US stock market t

Alphabet (GOOGL) stock plummeted today, February 5th, following a massive $185 billion capital expenditure forecast for 2026, which nearly doubles its previous spending and ignited fears over profitability despite beating revenue estimates. This aggressive "AI-first" pivot, aimed at bolstering AI infrastructure, caused a widespread selloff felt across the US stock market, including the S&P 500, Dow Jones, and Nasdaq Composite, as investors questioned if AI returns could justify such historic costs. The decline also impacted other tech stocks, commodities like silver and gold, and even Bitcoin, reflecting broader market concerns about valuations and future economic growth amidst higher-than-expected jobless claims.

https://m.economictimes.com/news/international/us/why-alphabet-googl-stock-crashed-today-feb-5-what-happened-to-alphabet-shares-as-the-us-stock-market-turned-deep-in-red/articleshow/127942899.cms

0 News Article Image Why Alphabet (GOOGL) stock crashed today, Feb 5: what happened to Alphabet shares as the US stock market t

Qualcomm crumbles as memory crunch affects handset revenue; analysts see no bottom in 2026

Qualcomm (QCOM) shares dropped 10% after the company's second-quarter guidance revealed that memory supply constraints are negatively impacting the handset market. Analysts have downgraded the stock and cut price targets, with concerns that the issues could persist until 2026. While Qualcomm's auto and IoT segments are performing well, the company is facing market share losses with major customers like Samsung and Apple, further limiting its growth prospects in the handset sector.

https://seekingalpha.com/news/4547883-qualcomm-crumbles-as-memory-crunch-affects-handset-revenue-analysts-see-no-bottom-in-2026

1 News Article Image Qualcomm crumbles as memory crunch affects handset revenue; analysts see no bottom in 2026

Lantronix, Inc. (NASDAQ:LTRX) Q2 2026 Earnings Call Transcript

Lantronix, Inc. reported Q2 2026 earnings, beating expectations with an EPS of $0.04 against an anticipated $0.03, and revenue of $29.8 million. The company highlighted strong growth in its drone business, increasing its fiscal 2026 revenue outlook for drones to $8 million to $12 million, and anticipates drones to comprise 15-20% of total revenue in fiscal 2027. Lantronix also discussed its continued focus on critical infrastructure, edge AI strategy, and potential M&A to expand margins and software-enabled recurring revenue.

https://www.insidermonkey.com/blog/lantronix-inc-nasdaqltrx-q2-2026-earnings-call-transcript-1689500/

2 News Article Image Lantronix, Inc. (NASDAQ:LTRX) Q2 2026 Earnings Call Transcript

Qualcomm, Wolfspeed, Helmerich and Payne And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Several major stocks, including Qualcomm, Wolfspeed, and Helmerich and Payne, are experiencing significant declines in Thursday's pre-market session due to various factors. Qualcomm's shares dropped after reporting mixed Q1 results and issuing lower-than-expected Q2 guidance. Other companies like Cerence, Wolfspeed, Kemper, and Fluence Energy are also down after reporting financial results that disappointed investors or analysts.

https://www.benzinga.com/trading-ideas/movers/26/02/50408210/qualcomm-wolfspeed-helmerich-and-payne-and-other-big-stocks-moving-lower-in-thursdays-pre-market-session

3 News Article Image Qualcomm, Wolfspeed, Helmerich and Payne And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Form FWP JPMorgan Chase Financial Filed by: JPMorgan Chase Financial Co. LLC

JPMorgan Chase Financial Company LLC has filed a Form FWP (Free Writing Prospectus) with the SEC regarding its 2-year RTY/SPX Uncapped Accelerated Barrier Notes. These notes are linked to the Russell 2000 Index and the S&P 500 Index, offering accelerated returns with a barrier feature, but investors are exposed to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. and could lose principal. The document provides a summary of terms, hypothetical returns, selected risks, and additional SEC filing information.

https://www.streetinsider.com/SEC+Filings/Form+FWP+JPMorgan+Chase+Financial+Filed+by%3A+JPMorgan+Chase+Financial+Co.+LLC/25949930.html

4 Missing News Article Image Form FWP JPMorgan Chase Financial Filed by: JPMorgan Chase Financial Co. LLC

QUALCOMM Incorporated Price History

17.10.2025 - QCOM Stock was down 5.1%

  • The bearish movement in QCOM stock today can be attributed to:
  • Despite the company's expansion into the industrial PC market with a new processor, investors may have concerns about the competitive landscape and potential challenges in penetrating this new market.
  • The comparison with other AI-focused companies like Nvidia and AMD might have raised doubts among investors about Qualcomm's ability to compete effectively in the AI space.
  • The bearish sentiment from financial giants and the unusual options trades on Qualcomm could have spooked investors, leading to a sell-off in the stock as traders anticipate potential downside risks.
  • Overall, the combination of market skepticism towards Qualcomm's strategic moves and the cautious trading behavior of institutional investors and traders likely contributed to the bearish movement in QCOM stock today.

07.00.2026 - QCOM Stock was down 2.1%

  • OneAscent Financial Services LLC reduced a significant portion of its investment in QUALCOMM Incorporated, indicating a potential lack of faith in the company's future performance.
  • QUALCOMM's ventures into robotics and AI PCs, alongside news of its production of 2 nm AP chips at Samsung foundry, may have been overshadowed by institutional investors like OneAscent Financial Services LLC liquidating their holdings, contributing to the market's decline.
  • While Qualcomm's efforts to diversify its supply chain were notable, the negative market sentiment triggered by the substantial decrease in institutional stakes could not be fully offset.
  • The market's bearish movement might have been driven by profit-taking activities or concerns surrounding QUALCOMM's growth prospects within the evolving semiconductor industry landscape.

28.09.2025 - QCOM Stock was up 8.6%

  • Strong bullish movement observed in QCOM stock today.
  • The introduction of Qualcomm's latest AI data center chips has excited investors, resulting in a significant increase in the stock price.
  • The release of Qualcomm's AI200 and AI250 chip-based accelerator cards and racks has enhanced the company's competitiveness in the data center market.
  • Positive market sentiment towards Qualcomm's advancements in AI and data center solutions has driven the uptrend in the stock price.

05.10.2025 - QCOM Stock was up 5.0%

  • Qualcomm is set to announce its Q4 earnings, with analysts predicting a rise in earnings per share compared to the previous year, a factor likely bolstering investor confidence.
  • Market enthusiasm for Qualcomm stems from the expectation of the company providing a significant portion of modems for the future release of iPhone 17, hinting at robust growth prospects in the near term.
  • The persistent success of Qualcomm's core 5G handset division and the increasing prospects in AI are contributing to the optimistic sentiment surrounding the stock.
  • In summary, the positive market performance of Qualcomm today can be attributed to a blend of strong earnings outlooks, prospective collaborations with technology giants such as Apple, and the continuous expansion in critical business segments.

06.00.2026 - QCOM Stock was up 2.5%

  • Qualcomm's bullish movement today is linked to the introduction of its new Snapdragon X2 Plus processors, signaling notable performance and efficiency enhancements for Copilot+ PCs. This unveiling likely sparked investor enthusiasm and confidence in the company's technological progress.
  • Analyst Dan Ives' optimistic view on the technology sector, identifying Qualcomm as an underrated opportunity with appealing valuations and earnings predictability, may have also influenced the stock's upward trend.
  • The tech industry's emphasis on innovation and connectivity, exemplified by Synopsys and Skyworks Solutions presenting their advanced solutions at CES 2026, could have set a positive context for Qualcomm's stock performance.
  • Overall, Qualcomm's strategic product advancements and favorable market sentiment towards technology stocks seem to have driven its bullish movement today.

21.10.2025 - QCOM Stock was down 5.1%

  • The bearish movement in QCOM today could be due to the rise in short interest, indicating growing pessimism among investors about the stock's performance.
  • Comparisons between Qualcomm and Intel regarding valuation and growth prospects might have influenced investor sentiment, leading to a sell-off of QCOM shares.
  • Arm Holdings' dominance in mobile computing could have raised concerns about Qualcomm's competitive position in the market, contributing to the bearish trend.
  • Overall, the negative market movement in QCOM today could be a result of increased short interest, comparative analysis with Intel, and concerns about its position in the mobile computing industry.

03.01.2026 - QCOM Stock was down 5.1%

  • The decline in Qualcomm's stock value today may be linked to weakened global handset demand and heightened competition.
  • Mizuho's adjustment of Qualcomm's price target in response to these challenges likely contributed to the prevailing negative market sentiment.
  • Investors might approach Qualcomm's future prospects with caution compared to other AI stocks that offer potentially higher returns with lower risk.
  • The downward trajectory of Qualcomm's stock might also be influenced by profit-taking activities or market uncertainties, resulting in a decrease in its share price despite its strong presence in 5G and IoT technologies.

06.10.2025 - QCOM Stock was down 5.1%

  • Despite surpassing earnings expectations and reporting a strong quarter, Qualcomm experienced a downturn in the stock market, potentially influenced by concerns raised regarding future competition from major rivals.
  • The market initially responded positively to Qualcomm's expansion into the AI data center segment, seen as a lucrative opportunity, but this was overshadowed by broader market conditions leading to a decrease in stock value.
  • Various market factors, including discussions within the Supreme Court and significant earnings reports, likely impacted Qualcomm's stock performance negatively despite its favorable financial results.

03.01.2026 - QCOM Stock was down 4.2%

  • Mizuho reducing its price target for QCOM, citing weakened global handset demand and increased competition, likely influenced the stock's decline.
  • Discussions on the potential of AI stocks for higher returns with lower risks might have shifted investor focus from QCOM, having a negative impact on its stock price.
  • Uncertainties in the smartphone market and the necessity for Qualcomm to navigate these obstacles could have prompted investors to sell, contributing to the observed bearish movement.

05.01.2026 - QCOM Stock was down 6.6%

  • Qualcomm (QCOM) is a prominent technology company recognized for its advancements in wireless communication technologies, semiconductor manufacturing, and telecommunications equipment. The company holds a significant role in advancing 5G technology and mobile processors.
  • Today's decline in Qualcomm's stock price is linked to the company's mixed Q1 results and lower-than-expected Q2 guidance, which left investors and analysts disheartened.
  • The overall market sentiment, influenced by Alphabet's significant capital expenditure projection for AI infrastructure, also played a part in the drop in Qualcomm's shares.
  • Qualcomm's negative performance, in line with other tech stocks, reflects apprehensions regarding profitability, valuations, and future growth prospects in the tech industry amid prevailing uncertainties in the market.

05.01.2026 - QCOM Stock was down 9.8%

  • The bearish movement in Qualcomm's stock could be attributed to profit-taking by investors after a recent bullish run or concerns about the overall semiconductor industry.
  • The positive pre-market performance of Align Technology and other stocks may have diverted investor attention away from Qualcomm, leading to a sell-off.
  • Plans by Taiwan Semiconductor Manufacturing Co. (TSMC) to produce advanced chips in Japan could have shifted investor focus towards competitors in the semiconductor space, impacting Qualcomm's stock negatively.
  • The strong earnings report from Artisan Partners Asset Management Inc. and their record AUM might have attracted investors away from tech stocks like Qualcomm, contributing to the bearish movement.

05.01.2026 - QCOM Stock was down 9.8%

  • Qualcomm shares dropped by 10% following the disclosure in the company's second-quarter guidance that memory supply limitations are affecting handset revenue. This has raised concerns about the company's future growth prospects.
  • Analysts have revised their outlook on the stock, lowering price targets and expressing apprehension about the persisting challenges until 2026, which has influenced the negative sentiment towards Qualcomm.
  • Market apprehensions regarding valuations and economic expansion, sparked by a significant capital expenditure projection for AI infrastructure by Alphabet, are believed to have further intensified the sell-off not only in Qualcomm but also in other technology stocks.
  • Despite the favorable performance of Qualcomm's auto and IoT divisions, setbacks in market share with major clients such as Samsung and Apple are impeding the growth of its handset sector. This factor contributes to the overall downward trend observed in the company's stock value.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.