Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Qualcomm Incorporated’s stock reached a notable milestone, hitting a 52-week high of 182.23 USD. With a market capitalization of $185.89 billion, the semiconductor giant trades at an attractive 16.39x earnings multiple, which InvestingPro analysis suggests is relatively low compared to its growth potential. This achievement marks a significant point for the company, reflecting its strong market performance over the past year. The company has demonstrated robust financial health with impressive revenue growth of 15.82% and maintains a steady 2.18% dividend yield. Over the last 12 months, Qualcomm’s stock has seen a positive change, with a 1-year increase of 4.6%. This upward trajectory highlights investor confidence and the company’s resilience in a competitive industry. As Qualcomm continues to innovate and expand its market presence, this 52-week high underscores its ongoing growth and potential for future success. Analyst targets suggest further upside potential, with the highest price target at $225. For deeper insights and additional ProTips, explore the comprehensive research available on InvestingPro.
In other recent news, Qualcomm announced it will pay a quarterly cash dividend of $0.89 per common share on December 18, 2025, continuing its practice of returning value to shareholders. The company has also adopted Arm’s ninth-generation computing architecture for its latest PC and phone chips, a move that could enhance artificial intelligence performance and potentially boost Arm’s revenue. In corporate developments, Qualcomm’s board of directors elected Dr. Jeremy Kolter as a new member, who will also serve on the Governance Committee. Patricia Grech has been appointed as the Senior Vice President and Chief Accounting Officer, while Neil Martin transitions to lead Corporate Development. Additionally, Benchmark maintained its Buy rating and a $200 price target for Qualcomm, highlighting growth in automotive, Internet of Things (IoT), and handset divisions. Automotive revenue saw a 21% annual increase, IoT grew by 24%, and the handsets division experienced 7% growth, driven by demand for the Snapdragon 8 Elite platform. These developments reflect Qualcomm’s ongoing strategic initiatives and market performance.
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