Qualcomm Stock Price Forecast – QCOM Shares at $158 With 10% Revenue Growth and AI Push
Qualcomm (NASDAQ:QCOM) Stock Analysis: Revenue Growth, Insider Activity, and AI Expansion
Earnings Momentum and Segment Performance for NASDAQ:QCOM
Qualcomm (NASDAQ:QCOM) closed at $158.72, up 1.49% intraday, with a market capitalization of $171.1 billion. The company’s most recent quarter delivered revenue of $10.37 billion, ahead of consensus estimates of $10.33 billion, and earnings per share of $2.77 versus expectations of $2.71. On a year-over-year basis, revenue climbed 10.4%, while EPS rose 31%, highlighting strength in its diversified segments. QCT, which makes up 86% of Qualcomm’s revenue, generated nearly $9 billion in sales. Automotive surged 21%, IoT advanced 24%, and handsets still contributed 7% growth. Licensing…