Qualcomm, Inc. has transitioned into an AI semiconductor player, diversifying beyond handsets. Despite a market cap of $163.5 billion, QCOM stock has underperformed, falling 11% in the past year. Sentiment briefly improved after Q4 2025 earnings beat expectations, with revenue up 10% to $11.27 billion. Management highlights AI as a key growth opportunity, with plans to launch AI accelerator chips in 2026. Analysts forecast a 2.9% decline in EPS for fiscal year 2026. Mizuho downgraded QCOM stock to “Neutral,” citing handset headwinds. Price targets suggest potential upside of up to 47.3%.

Read more at Barchart: Qualcomm Stock: Analyst Estimates & Ratings