Qualcomm Stock Looks Cheap Against Its Own Targets. The Street Still Says Hold.
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Qualcomm's stock has been affected by the company's plans to expand beyond smartphones, potentially capitalizing on the artificial intelligence boom. Some outlets report that wall street has lifted qualcomm's price target, while others note that at least one analyst has slashed their price target on the stock. The company's investor day has reportedly changed its growth story, with qualcomm targeting a significant amount in ai chips, although opinions on the stock's prospects vary.
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