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Bullish Case: Qualcomm's diversification into AI, IoT, and audio tech, coupled with strategic partnerships, poise it for growth, offsetting handset market challenges.


Bearish Case: Despite Qualcomm’s innovation, competition, legal uncertainties, and a relay in the handset market could hinder its financial performance.


Potential Outcomes:

1) Success in AI and audio tech increases market share (60%).

2) Intensified competition and legal challenges dampen outlook (40%).


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April 17, 2024


Qualcomm Forecast

QCOM        Qualcomm
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











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