"Qualcomm's stock currently sits 24% below its 52-week high of $203.60 and just above its 52-week low of $121.99. Recent momentum has stabilized: shares gained 4.34% over the past week and 2.83% over the past month."
"Automotive posted $1.10 billion in Q1 FY26, up 15% year over year, its second consecutive quarter above $1 billion. Q2 guidance calls for greater than 35% year-over-year growth acceleration."
"Management expects the data center segment to become 'a multibillion revenue opportunity in a couple of years,' with the Alphawave Semi acquisition completed and a RISC-V CPU on the roadmap alongside the AI250 platform."
Qualcomm's stock has retreated to $133.05 after peaking at $179.26 in December 2025. The company trades at a discount compared to the semiconductor sector, with a price target of $184.32 indicating significant upside potential. Q1 FY26 results showed strong revenue growth of 5% year over year, despite a stock drop on earnings day due to cautious guidance. The bull case is supported by growth in automotive, data centers, and robotics, with expectations for substantial revenue increases in these sectors.
Read at 24/7 Wall St.
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