Qualcomm Faces Tough Competition in Premium Handset Vertical

Qualcomm’s Snapdragon 8 Elite Mobile Platform selected by Samsung for Galaxy Z Fold7 devices. Chipset offers advanced AI, camera, connectivity, and gaming features. Revenues from QCT segment grew to $9.47 billion in Q1 2025, with handset revenue expected to reach $27.7 billion for the year. Competition from Apple and Broadcom impacting Qualcomm’s profit margins.

Qualcomm stock down 20.2% in the past year. Shares trading at 13.51 forward earnings. Earnings estimates for 2025 and 2026 have decreased slightly. Qualcomm stock carries a Zacks Rank #3 (Hold). Only 220 Zacks Rank #1 Strong Buys. Download free report on 7 Best Stocks for the Next 30 Days.

Intense competition in mobile chipset market affecting Qualcomm’s profitability. Apple moving to in-house chip development, impacting Qualcomm’s revenue. Broadcom’s strong relationships with leading OEMs posing competition. Qualcomm stock down 20.2% in the past year. Earnings estimates for 2025 and 2026 have decreased slightly. Download free report on 7 Best Stocks for the Next 30 Days for more insights.

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