Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



QUALCOMM Incorporated Sets New Growth Targets, Showing Opportunity as On-Device AI Drives Demand

November 22, 2024
Leading technology company QUALCOMM Incorporated (NASDAQ:QCOM) has recently announced its new growth targets, highlighting the immense opportunities ahead as on-device artificial intelligence (AI) accelerates the demand for its cutting-edge technologies. With the increasing market for connected devices, QUALCOMM aims to target a $900 billion market share by 2030 and has projected 50 billion connected device shipments. This ambitious move showcases the company's strong financial prospects and solidifies its position as a key player in the industry. To better understand the potential future movement of QCOM stock, it is recommended to consult professionals in Stocks Prognosis for expert advice.

Find out how the QUALCOMM INCORPORATED rate is expected to change

Get Forecast for QCOM

Investor opinions & comments:

I'm excited to see how QUALCOMM will capitalize on the growing market for connected devices. Their technologies are top-notch
— from InvestorIshmael at 11-25-2024 11:45
While on-device AI is an emerging trend, there is still uncertainty surrounding its widespread adoption. QUALCOMM's growth targets may be overly ambitious
— from PennyInvestor at 11-25-2024 08:08
QUALCOMM has a strong reputation in the technology industry and has consistently delivered cutting-edge technologies. Their growth targets seem achievable given their track record
— from AlexPhillips at 11-25-2024 02:02
With on-device AI driving demand, QUALCOMM's cutting-edge technologies will surely be in high demand. Their growth prospects look very promising
— from AubreyCook at 11-25-2024 01:09
The $900 billion market share target by 2030 is impressive. It shows that QUALCOMM is confident in their ability to meet the demands of the industry
— from SmartSabrina at 11-24-2024 11:23
QUALCOMM's new growth targets show that they are positioning themselves as a market leader in the era of on-device AI. I'm excited to see how they will continue to innovate and capture market share
— from WealthyWillie at 11-24-2024 08:28
The rise of on-device AI presents a huge opportunity for QUALCOMM. Their technologies will be crucial in driving this growth, and I believe they are well-positioned to capitalize on it
— from WealthyWillie at 11-24-2024 07:50
It's always tough to predict the future movements of a stock. While QUALCOMM's growth targets are impressive, there are many variables that could impact their success
— from HenryMurphy at 11-23-2024 20:15
The demand for connected devices is only going to increase in the coming years, and QUALCOMM is well-positioned to capitalize on this growth. I'm optimistic about their future prospects
— from LauraAnderson at 11-23-2024 17:07
The competition in the connected devices market is fierce. QUALCOMM will need to stay ahead of the game to achieve their projected market share
— from SavingsSarah at 11-23-2024 16:14
QUALCOMM's projection of 50 billion connected device shipments is ambitious, but not impossible. With their cutting-edge technologies, they have the potential to reshape the industry
— from GrowthGreg at 11-23-2024 03:32
QUALCOMM has a strong foothold in the technology industry, and their new growth targets only further solidify their position. I'm confident in their ability to capitalize on the opportunities ahead
— from WealthyWhitney at 11-22-2024 20:31
QUALCOMM has a strong track record in the industry, and their new growth targets only solidify their position as a key player. I have confidence in their ability to achieve their goals
— from InvestorImogen at 11-22-2024 19:06
This is a great move by QUALCOMM. With the rise of AI and connected devices, their growth targets seem completely achievable
— from RiskyRandy at 11-22-2024 16:37
With their new growth targets, QUALCOMM is signaling their confidence in the market for connected devices. I'm optimistic about their ability to achieve these targets
— from AlexPhillips at 11-22-2024 16:26
QUALCOMM has always been at the forefront of technological advancements. I have no doubt that they will continue to thrive in this evolving landscape
— from BenjaminParker at 11-22-2024 08:11
With on-device AI driving demand, QUALCOMM's technologies will be in high demand. Their growth targets reflect their confidence in meeting this demand
— from CapitalChris at 11-22-2024 08:01
QUALCOMM's strong financial prospects make it an attractive investment opportunity. I'm excited to see how their stock will perform in the coming years
— from HenryMurphy at 11-22-2024 02:09
If you want to leave a comment, then you need Login or Register





Other news for QCOM

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 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....



Related news

QCOMNovember 26, 2024Highly Diversified Strategy Boosts QUALCOMM Incorporated (NASDAQ:QCOM) Above Expectations, According to JP Morgan Analyst  ~2 min.

QUALCOMM Incorporated (NASDAQ:QCOM) has surpassed expectations with its successful diversification strategy, as stated by a JP Morgan analyst....

QCOMFebruary 19, 2025QUALCOMM Incorporated NASDAQ:QCOM is a favorite amongst institutional investors  ~1 min.

Investors are putting their trust in QUALCOMM Incorporated NASDAQ:QCOM as it continues to be a popular choice among institutional investors....

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...

QCOMNovember 24, 2024QUALCOMM Incorporated Sets New Growth Targets as Demand for its Technologies Increases  ~2 min.

According to recent reports, QUALCOMM Incorporated (QCOM) is targeting a $900 billion market by 2030, with projections of 50 billion connected device shipments....

QCOMNovember 27, 2024QUALCOMM Incorporated's Diversification Strategy Exceeds Expectations, According to JP Morgan Analyst  ~1 min.

In a recent report, JP Morgan analyst praised QUALCOMM Incorporated's (NASDAQ:QCOM) diversified approach, stating that it has surpassed expectations....