From Barchart: 2025-02-06 15:47:12

Qualcomm’s shares dropped 6.2% after reporting strong fourth-quarter results, but concerns about competition from Huawei and potential loss of Apple business loom. Analysts predict challenges ahead, with Huawei gaining market share and Apple using in-house modems in upcoming iPhones. Qualcomm expects a dip in handset revenue next quarter due to seasonality and Apple shipments. Despite short-term gains, investors are focusing on long-term risks to Qualcomm’s growth.

The market views Qualcomm’s recent news as meaningful but not game-changing. The stock has had 11 moves greater than 5% in the past year, with the most significant gain occurring 9 months ago on strong first-quarter results. Qualcomm is up 9.4% this year but still 25.8% below its 52-week high. Investors who bought shares 5 years ago would see a return of $1,854 on a $1,000 investment. Looking to the future, enterprise software stocks with generative AI capabilities may be the next big winners.



Read more at Barchart: Why Qualcomm (QCOM) Shares Are Trading Lower Today