December 20, 2025 — With U.S. markets closed for the weekend, the latest read on QUALCOMM Incorporated (NASDAQ: QCOM) comes from Friday’s session: QCOM last closed at $175.25 and traded modestly higher in after-hours. ^[1]

That price point sits at an interesting intersection for investors: Qualcomm is finishing 2025 with a stronger-than-usual run, expanding its “beyond smartphones” narrative, and stacking near-term catalysts (including a major acquisition and the next earnings cycle) against a valuation that commentators argue has become far less forgiving.

Below is a comprehensive roundup of the most current Qualcomm stock news, forecasts, and market analysis available as of 20.12.2025, along with what it may mean heading into…