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NASDAQ:QCOM

Qualcomm (QCOM)

226.39
+0.28 (0.12%)
as of Jun 18, 2026, 11:54:02 pm Market Open.
195 watching
0
BUY
It's a bellwhether like Apple. Semis are doing well and 5G demand is rising. Qualcomm is a depressed stock with a great balance sheet and are buying back over $10 billion of shares. This and Facebook and Google are value tech stocks that you should buy on dips. Investors will reward true earnings and growth during rising interest rates.
BUY
The PE should expand to 20x, which means $230 a share or 45% higher. They're growing and diversifying their earnings away from Apple and smartphones and into cars and the internet of things.
DON'T BUY
For whatever reason, this is a stock that pauses and can't make it to new highs. Yes, its PE should expand to a 20x, but how and when? There's a lot going on in 5G, so these companies can benefit, but he prefers Micron, AMD, Marvell and Nvidia.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly We again reiterate this tech leader as a TOP PICK. It’s strategy in 5g growth is paying off as earnings again beat expectations. With an aggressive share buyback program, it is generating a high ROE and only trades at 18x earnings compared to peers at 34x. It has grown the dividend for 20 consecutive years and it is backed by a payout ratio under 40% of cash flow. We continue to recommend a stop-loss at $135, looking to achieve $205 -- upside potential of 26%. Yield 1.95% (Analysts’ price target is $205.17)
TOP PICK
Inexpensive, high quality. Trades inexpensively in lower teens multiple. Lots of applications for its chips. Solid growth. Market gets worried about AAPL pulling the plug, but QCOM has been building businesses outside that relationship. If AAPL were to cut ties, less than a 20% hit. Yield is 1.79%. (Analysts’ price target is $214.59)
PAST TOP PICK

(A Top Pick Feb 18/21, Up 24%) He couldn't understand why this was trading in the mid/low teens in PE. It's growing well within the semis revolution. It helps that they rely on Apple. The street is realizing that their other businesses are growing at a far faster pace. So, when the Apple deal expires in 2023, Apple will comprise under 20% of QCOM's business. QCOM is supplying EVs, 5G and the internet of things. Exciting. Despite rallying QCOM is trading around only 15x earnings.

PAST TOP PICK
(A Top Pick Jan 21/21, Up 11%) Reports tonight. Price target of $209. King of CPUs, competes with NVDA on GPUs. Outsource manufacturing. Making great hay on 5G. Recent acquisition will help them scale up to smartphones and PCs. Buy in thirds here at $175, 165, and 155. Stop of $145.
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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly With a market cap over $190b, we again reiterate this proven leader in semiconductors as a TOP PICK. As supply chain issues reduce, success of its largest customer (AAPL) will also improve, driving demand and revenue higher. Past earnings beat market analyst expectations by 23% and is managing profit margins over 26%. It pays a small (but growing) dividend backed by a payout ratio under 35% of cashflow. It trades at 22x earnings compared to peers at 58x. We also like it has been buying back stock while still growing cash reserves. We continue to recommend a stop-loss at $135, looking to achieve $210 -- upside potential of 18%. Yield 1.63% (Analysts’ price target is $208.99)
COMMENT

He worries about the possible long term challenges. Apple is going to develop its own communication chips which would affect Qualcomm. Would prefer TSM.

BUY
Great leadership position. Expanded well beyond AAPL. Think 5G, automotive sector, plus patent and licensing division is a fantastic revenue stream. Not expensive, growing very well, starting to get attention of markets. Automotive engagement will give it greater growth, diversity, and stability. Growth not impacted by chip shortage.
BUY
This is going much higher, because they have a great business plan and are dominant in the space.
BUY
A favourite. It should rise 20% to $230 by June 30.
BUY
It hit a new 52-week high today. Today, JPM targets $225 and named it a top pick for 2022. In terms of options, he's moving up from the $180s to the $190s. He's sticking with it. He bought back both his shorts and longs and is starting to ease those out. Why? Like Apple, fund managers will want QCOM into year-end.
HOLD
His top pick in the semis. Last quarter they hit their numbers, increased guidance. Not as dependent on AAPL. One of the cheapest semiconductor stocks. EPS can easily hit $10 next year. He'd be more inclined to play the SMH ETF, with plays all across the board.
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