Qualcomm Stock Price Prediction: 36% Upside the Analysts Are Missing - AOL.com

Qualcomm's stock dropped ahead of its Investor Day, yet analysts predict a 36.25% upside to $278.13 over the next 12 months, based on strong automotive revenue and expansion into IoT. Despite a 13% Yo... Read original →

Qualcomm’s stock dip reflects market overreaction to handset weakness, obscuring its structural gains in automotive and AI edge computing. Technically, its Oryon CPU/NPU stack aims to bypass CUDA dependency; if the MAX inference framework integrates tightly with Mojo and leverages 3nm HBM for superior power efficiency, it could carve a niche in AI data centers. Geopolitically, U.S. export controls may boost non-China client acquisition short-term but inflate long-term supply chain costs—especially as SK Hynix’s HBM allocation constrains scaling. Facing NVIDIA and Tenstorrent’s aggressive AI accelerator plays, Qualcomm must rapidly build software moats via partnerships like Modular. Over the next 12–24 months, hitting a $278 target hinges on automotive/IoT revenue exceeding 40% of total sales and EPS leverage from its $20B buyback—contingent on executing a credible 'post-handset' heterogenous computing strategy amid fragmented global semiconductor governance.