• 简

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Qualcomm’s Expanding Automotive and PC AI Footprint Might Change The Case For Investing In QUALCOMM (QCOM)

    Simply Wall St·01/05/2026 05:21:16
    语音播报
    • In recent days, Qualcomm has highlighted its role at the now-underway CES 2026 and its expanded presence beyond smartphones, including Snapdragon-powered Windows PCs and its Snapdragon Digital Chassis technology appearing in Toyota’s new RAV4.
    • These developments, combined with attention on Qualcomm’s upcoming February 4 earnings call, underscore how its AI-on-device and automotive efforts are becoming more central to how the business is being viewed.
    • We’ll now examine how Qualcomm’s growing automotive footprint, exemplified by the RAV4 Snapdragon Digital Chassis, could influence its existing investment narrative.

    We've found 14 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

    QUALCOMM Investment Narrative Recap

    To own Qualcomm, you need to believe its core smartphone franchise can remain resilient while newer areas like on-device AI, PCs and automotive steadily matter more. The CES 2026 news and Toyota RAV4 win support that diversification story, but the upcoming 4 February earnings call still looks like the main short term catalyst, with demand signals and margin trends taking center stage. Competitive and geopolitical pressures on its handset and China exposure remain the biggest near term risk, and these are not materially changed by the CES headlines.

    The RAV4 Snapdragon Digital Chassis announcement is the clearest tie-in to Qualcomm’s longer term automotive catalyst, where management is working toward a multi year US$22 billion pipeline by 2029. Seeing this technology show up in a mass market model gives investors a concrete example of how automotive design wins could gradually broaden Qualcomm’s revenue base and reduce its reliance on more cyclical handset demand.

    Yet while the automotive story is gaining attention, investors should be very aware of how exposed Qualcomm still is to...

    Read the full narrative on QUALCOMM (it's free!)

    QUALCOMM's narrative projects $46.9 billion revenue and $12.2 billion earnings by 2028. This requires 2.7% yearly revenue growth and a $0.6 billion earnings increase from $11.6 billion today.

    Uncover how QUALCOMM's forecasts yield a $191.80 fair value, a 11% upside to its current price.

    Exploring Other Perspectives

    QCOM 1-Year Stock Price Chart
    QCOM 1-Year Stock Price Chart

    The Simply Wall St Community’s 26 fair value estimates for Qualcomm span roughly US$159 to US$300 per share, showing how far opinions can stretch. When you set those views against the company’s push into AI powered devices and automotive, it underlines why many investors will want to compare several perspectives before deciding what Qualcomm’s future might look like.

    Explore 26 other fair value estimates on QUALCOMM - why the stock might be worth 8% less than the current price!

    Build Your Own QUALCOMM Narrative

    Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

    Looking For Alternative Opportunities?

    Our top stock finds are flying under the radar-for now. Get in early:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.