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QUALCOMM Incorporated Sets New Growth Targets as Demand for its Technologies Increases

November 24, 2024
According to recent reports, QUALCOMM Incorporated (QCOM) is targeting a $900 billion market by 2030, with projections of 50 billion connected device shipments. The company sees tremendous opportunity as on-device AI accelerates the demand for its technologies.

As more industries embrace AI and the Internet of Things (IoT), QUALCOMM is well-positioned to capitalize on this trend. Its advanced technologies are already being adopted in various sectors, including automotive, healthcare, and smart cities.

The company's strong financial prospects and innovative solutions have attracted the attention of investors. Despite recent weakness in QUALCOMM's stock (NASDAQ:QCOM), many experts believe that the market may be wrong in undervaluing the company. In fact, some professionals from Stocks Prognosis recommend considering buying QUALCOMM shares based on their forecast.

QUALCOMM has also highlighted the crucial role of 5G in driving AI advancements. The combination of 5G's high-speed connectivity and QUALCOMM's on-device AI capabilities will revolutionize industries and unlock new possibilities.

In conclusion, QUALCOMM Incorporated is setting new growth targets and showcasing its potential in the rapidly evolving technology landscape. With its focus on on-device AI and 5G connectivity, the company is well-positioned for future success. For those interested in the company's stock, seeking guidance from professionals at Stocks Prognosis may be beneficial.
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QCOMJuly 2, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with 20.77% Profit  ~1 min.

On July 2, 2025, QUALCOMM INCORPORATED successfully reached the price target forecast set by QuantWave, resulting in a profit of 20.77%....


QCOMJune 10, 2025QUALCOMM INCORPORATED Stock Hits Forecast Price Target with 14.5% Profit Margin  ~1 min.

On May 2, 2025, QuantWave, an automated forecasting platform, issued a long signal for QUALCOMM INCORPORATED stock when it was trading at 138.98 $....


QCOMJune 9, 2025QUALCOMM INCORPORATED Hits QuantWave Price Target Forecast with a 12.12% Profit  ~1 min.

QUALCOMM INCORPORATED (QCOM) has successfully reached the price target forecast set by QuantWave, resulting in a profit of 12.12%. The forecast signal date was on May 5, 2025, with the stock price at $138....


QCOMApril 9, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with a 12.65% Profit  ~1 min.

On April 4, 2025, QuantWave's forecast signal for QUALCOMM INCORPORATED indicated a long position with the stock price at $127.46. Just five days later, on April 9, 2025, the price reached $143....


QCOMApril 9, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with 12.65% Profit: A Success Story for QuantWave  ~2 min.

On April 4, 2025, QuantWave, the automated forecasting platform, issued a long signal for QUALCOMM INCORPORATED with a price of $126.7....


QCOMApril 4, 2025QuantWave Successfully Achieves 17.76% Profit Target Forecast for QUALCOMM INCORPORATED  ~1 min.

On March 10, 2025, QuantWave, the automated forecasting platform, accurately predicted a short direction for QUALCOMM INCORPORATED's stock price of 154.98 $....


QCOMApril 4, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with 16.75% Profit Margin  ~1 min.

QuantWave, an automated forecasting platform, successfully predicted the short direction of QUALCOMM INCORPORATED's stock on March 11, 2025, when it was trading at 153.1 $....


QCOMApril 4, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with 16.58% Profit  ~1 min.

On December 31, 2024, QuantWave issued a short forecast signal for QUALCOMM INCORPORATED with a price target of 127.46 $....


QCOMApril 4, 2025QuantWave Successfully Predicts 19.59% Profit on QUALCOMM INCORPORATED Stock  ~1 min.

QuantWave, an automated forecasting platform, has once again proven its accuracy by successfully predicting a 19.59% profit on QUALCOMM INCORPORATED stock....


QCOMApril 4, 2025QUALCOMM INCORPORATED Hits Price Target Forecast with 20.41% Profit: A Success Story for QuantWave  ~1 min.

QUALCOMM INCORPORATED recently saw its stock price reach the forecasted target of 127.46 $ on April 4, 2025....


MSFTNovember 26, 2024Microsoft's AI Technology Revolutionizes the Market: Stocks Prognosis Recommends Buying MSFT Shares  ~1 min.

Microsoft Corporation (MSFT) has been dominating the tech industry with its cutting-edge AI technology....


QCOMMarch 14, 2025Analyst Predicts Resurgence of QUALCOMM Inc. QCOM by 2025 - Stocks Prognosis  ~1 min.

Analysts from Stocks Prognosis have recently explained why they believe QUALCOMM Incorporated (NASDAQ:QCOM) is currently undervalued, and predict a potential resurgence for the company in the coming years. With the growing demand for virtual reality technology, QUALCOMM is seen as the best stock to buy according to these experts. Amundi, a leading investment firm, has also raised its stock holding...


QCOMMarch 15, 2025Why QUALCOMM Incorporated QCOM is the Best Virtual Reality Stock to Buy According to Analysts  ~1 min.

QUALCOMM Incorporated (NASDAQ:QCOM) is being touted as the best virtual reality stock to buy, according to analysts....


QCOMJanuary 25, 2025QUALCOMM Incorporated QCOM is Revolutionizing the Wireless Technology Industry  ~2 min.

QUALCOMM Incorporated (NASDAQ:QCOM) has become the center of attention for investors as it continues to revolutionize the wireless technology industry....


QCOMFebruary 5, 2025QUALCOMM Incorporated's Groundbreaking Innovations in Automotive Industry  ~1 min.

With the advent of generative AI, QUALCOMM Incorporated (NASDAQ:QCOM) has been at the forefront of revolutionizing the automotive industry....