QCOM Stock Forecast for 2022: Growth with 5G Speed

January 6, 2022
Adi RavedThis QCOM Stock Forecast for 2022 article was written by Adi Raved – Financial Analyst at I Know First.

Summary:

  • QCOM, with ROE of 115.9% and Net Margin of 26.94%, is one of the most profitable companies in the Semiconductor industry
  • Institutional Investors prefer to buy QCOM
  • Increasing the long-term demand for 5G chips in the Automotive industry

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QCOM Stock Forecast: Why Qualcomm Stock Has More Upside Potential

August 3, 2020
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • The big beat on Q3 2020 ER and the announced settlement with Huawei boosted Qualcomm’s stock price to $103.85.
  • We can already cash out our handsome profit on QCOM. QCOM was trading below $81 when we made our May 20, 2020 buy recommendation for it.
  • Those of you who are not in urgent need for cash, you can still hold on to QCOM. Value-wise, QCOM at over $100 is not yet fully-priced.
  • My one-year price target for QCOM is $120. Demand for smartphones will really shoot up after this COVID-19 pandemic gets a government-approved vaccine.
  • Qualcomm is a solid 5G bet and Qualcomm also has the option to re-enter the data center/cloud computing business.

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QCOM Stock Forecast: Leadership in 5G Processors Makes Qualcomm A Buy

May 20, 2020
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • The predictive algorithm of I Know First has a neutral tone forecast for QCOM stock. This is in spite of the stock’s big 5.5% gain on May 18.
  • Yes, Qualcomm is vulnerable if China decides to retaliate against new U.S. sanctions versus Huawei. However, Foxconn now has factories outside China.
  • Chinese mobile device vendors still rely on Qualcomm processors. Qualcomm is still the world’s top supplier of smartphone processors.
  • Strategy Analytics also reported that Qualcomm took a 52% market share in 5G baseband processors in 2019. This will continue for many years to come.
  • Monthly technical indicators are saying QCOM is a strong buy right now. The stock could rebound to above $90 before 2020 ends.

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QCOM Stock Prediction: Why Qualcomm Won Its Patents Licensing Dispute Versus Apple

April 17, 2019
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • My August 2017 prediction came true yesterday. Apple surrendered and settled its modem-related legal dispute with Qualcomm.
  • Qualcomm shot up 23% during after-hours trading after the April 16 announcement that Apple and Qualcomm completed an out-of-court settlement of their legal battle.
  • Apple has tons of cash. It can afford to fight years-long of litigation against Qualcomm. Unfortunately, Apple’s current smartphone modem supplier Intel is a laggard in 5G modem design.
  • Qualcomm previously refused to supply its 4G modems to 2018 iPhones. Apple got scared that Qualcomm will again refuse to supply its 5G modems to 2019 and newer iPhones.
  • Apple had to capitulate and settle with Qualcomm so it can protect its iPhone business. 5G connectivity is the emerging de facto requirement for luxury smartphones and tablets.

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Qualcomm Stock Forecast (NASDAQ: QCOM): Xiaomi Is Boosting Adoption of Qualcomm’s Flagship Smartphone Processors

September 2, 2018

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 

Summary:

  • Budget phone leader Xiaomi is very important to Qualcomm’s future. Xiaomi is always the early-bird proponent of Qualcomm’s flagship mobile processors.
  • Xiaomi’s willingness to sell affordable iPhone-like Android  phones with flagship Qualcomm Snapdragon processors is why it is now the world’s number 4 vendor.
  • Xiaomi shipped out 31.9 million smartphones in Q2 2018 – 48.8% higher year-over-year. The recent launch of the $300 Snapdragon 845-powered Pocophone F1 should help Xiaomi maintain this momentum.
  • Other leading phone vendors like Oppo, Vivo, and Meizu will likely use Snapdragon 845 for their own $300 - $350 Android phones.
  • The NXP deal is dead. Qualcomm needs to sell more processors and modems. The more companies using Snapdragon 845, the better it is for Qualcomm’s bottomline.

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Qualcomm Stock Prediction: Cloud Gaming Is Qualcomm’s First Incursion In The Server Market

February 23, 2018

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First. 

QCOM Stock Prediction

Summary:

  • Qualcomm’s datacenter push gets a boost from its new contract to supply datacenter processors to Hatch, the pioneer in cloud-based mobile games on demand.
  • Hatch picked Qualcomm’s scalable 48-core Centriq 2400 to power its cloud gaming service.
  • Instead of players buying games or spending for in-app purchases, Hatch plans to offer unlimited game time for a fixed monthly fee.
  • This radical plan to offer mobile games-as-a-service could become a global-wide hit. Hatch will be buying many Centriq 2400 processors to support its global infrastructure.
  • I rated QCOM as a buy last August 9 when it closed below $52. The stock is now trading above $62. I am still giving it a buy rating. My 2018 year-end PT for it is $70.

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HIMX Stock Forecast: Himax Stock Price Up 34% After Major Ramp And Shipment Of The New WLO To Apple

December 18, 2017

 The article was written by Aline Rzetelna, a Financial Analyst at I Know First. 

HIMX Stock Prediction

Summary:

  • Himax Delivers Strong Financial Results for Q3
  • HIMX Start Major Ramp and Shipment Of The New WLO For Apple
  • Himax Announces Partnership With Qualcomm To Develop 3D Sensing Technology For Android Smartphones
  • I Know First Bullish Forecast on HIMX

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