From Nasdaq: 2025-06-10 10:51:00

Qualcomm (QCOM) is experiencing strong growth in the automotive segment, with a 59% year-over-year increase in the second quarter of 2025. The company’s client base includes major automakers and tech companies like GM, BMW, Volvo, and Google. Strategic acquisitions like Veoneer and Autotalks have bolstered Qualcomm’s presence in the market.

Competitors like NVIDIA (NVDA) and Intel (INTC) are also active in the autonomous driving space. NVIDIA’s DRIVE solutions cater to autonomous vehicles, while Intel’s Mobileye technology is popular among automakers. However, Qualcomm’s focus on V2X technology and a diverse product portfolio gives it a competitive edge in the automotive sector.

Qualcomm’s stock has declined 25.5% in the past year, but its forward P/E ratio of 12.87 is lower than the industry average. Earnings estimates for 2025 and 2026 have seen slight declines. Despite this, Qualcomm carries a Zacks Rank #3 (Hold) and has a Value Score of A, indicating potential for growth in the future.



Read more at Nasdaq: QCOM Gains Traction in Automotive: Will It Deliver Sustainable Growth?