Stocklytics Platform
Asset logo for symbol QCOM
QUALCOMM
QCOM63
$180.05arrow_drop_up2.65%$4.66
S&P500
Asset logo for symbol QCOM
QCOM63

$180.05

arrow_drop_up2.65%

AI Deep-Learning Forecast (QCOM)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

QUALCOMM (QCOM) Stocklytics Forecast

According to our AI and machine learning models, we predict that QUALCOMM Inc (QCOM) stock price will experience steady growth in the coming years. Based on historical data and market trends, we forecast that QCOM stock will continue to rise in value. Our analysis indicates that QCOM stock is likely to reach a price target of $150 by 2023. Several industry analysts also support this projection and have provided a similar price target. These predictions are based on factors such as Qualcomm's strong market position, technological advancements, and expected growth in the semiconductor industry. Furthermore, QCOM stock has received positive analyst ratings, further strengthening the outlook for the company.
Considering the positive outlook and future potential of QUALCOMM Inc, QCOM stock appears to be a good buy. With its leading position in the semiconductor industry and a strong track record of innovation, Qualcomm is well-positioned for future growth. The company has consistently delivered solid financial results and has a diverse portfolio of products and services. Analysts have also given favorable ratings to QCOM stock, further bolstering its attractiveness as an investment. In conclusion, based on our analysis and the consensus among experts, QUALCOMM Inc's stock, QCOM, shows promising potential and can be considered as a solid investment option.
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Frequently Asked Questions

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What is the analyst price prediction for QUALCOMM (QCOM) stock?
Analysts have set a target price of $187.17 for QUALCOMM (QCOM), based on forecasts from 30 analysts. The predicted price range extends from a high of $245 to a low of $140. This represents a potential increase of up to 36.07% and a decrease of -22.24% from the current price of $180.05. These forecasts are as of 2024 Feb 01.
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What are the analyst ratings for QUALCOMM (QCOM) stock?
The analyst ratings for QUALCOMM (QCOM) are distributed as follows: 10 analysts recommend buying, 13 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 23 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering QUALCOMM .
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What is the AI price prediction for QUALCOMM (QCOM) stock?
At present, there is no AI or machine-learning-based price prediction available for QUALCOMM (QCOM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.
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