Qualcomm (QCOM) Stock Outlook Before December 1, 2025 Market Open: AI Catalysts, Alphawave Deal and Analyst Forecasts
Data and prices in this article refer to the U.S. market close on Friday, November 28, 2025, unless otherwise noted, and reflect news and forecasts published between November 28–30, 2025. Quick snapshot before Monday’s bell With U.S. markets set to reopen Monday, December 1, investors are weighing whether Qualcomm’s AI expansion, M&A pipeline and valuation justify re‑rating the stock back toward its late‑October highs—or whether recent gains and technical warnings argue for caution. 1. Where Qualcomm stock stands heading into December 1 Price, range and relative performance On the final trading day of November, QCOM closed near $168.09, gaining 1.79%