Qualcomm (QCOM) Stock: Poised to Soar on 5G/AI, or Falling Behind? Analysts Weigh In
Qualcomm shares fell 2.2% to around $161 in early pre-market trading Oct 10 after China launched an antitrust probe into its planned Autotalks acquisition. Market cap stands at $178 billion. Q3 sales rose 10.4% to $10.37 billion, beating estimates. Analysts rate the stock a “Moderate Buy” with a 12-month target near $182.