Qualcomm looks cheap against its earnings, trading at 16x versus the roughly 38x chipmakers usually get. Applying 38x to next year's expected $10.26 a share, give or take 12%, puts fair value at $343.26-$436.87, so the $162.71 stock sits 53% below the low end. The view leans on forecasts, with forward earnings 40% above trailing, and is a valuation screen only, without fundamental work. x.com 

Qualcomm looks like an overlooked large cap with strong return potential. If it hits its $18 EPS target by 2029, its 18x average P/E implies $324 a share, a 19% CAGR, or $396 and a 27% CAGR at today's 22x, before any upside from major new deals with Amazon and BMW. It is much more than a smartphone chip company: auto is growing 60% year over year and it is moving into data centers. x.com 

Apple dropping Qualcomm in favor of its own chips is a warning sign for Qualcomm. When Apple dumped Intel's chips, it marked five years of pain for Intel. Around $150 would be the right level to step in. x.com 

Qualcomm is a meme play on a squeeze of a consensus short rather than a fundamental story, since its core server CPU team just left. The chart setup looks great after closing a bearish gap from January, some major player appears to be squeezing the shorts, and good news is coming. The target is $180, but a horrible earnings report Wednesday would end the trade. x.com  x.com 

Qualcomm has little downside with Amazon having come in as an investor at around $160 a share. Investors give it almost no credit for AI, wearables, robotics and auto, and those businesses can do the heavy lifting to keep the stock steady next year. x.com 

Qualcomm stays a Hold, with the target cut to $186 on handset weakness and limited near-to-mid-term data-center visibility. Fiscal Q4 2026 revenue guidance of $9.7-10.5B fell short of buy-side chatter near $11B; Android faces elevated wafer inventories and Apple modem revenue is falling faster than expected. Data-center targets of $5B in FY27 and $15B+ in FY29 were reaffirmed and AI250 has four major US cloud customers, but high LPDDR5 prices hurt its competitiveness, and CPUs are years off. … Show more

Qualcomm is still priced as a phone company even as diversification absorbs the loss of Apple modem revenue. Non-handset revenue is now about 34% of QCT; automotive revenue grew 38% to $1.3 billion, with 50% growth guided for Q3 and an exit above $6 billion for FY2026. Snapdragon X2 Elite gives it edge-AI leadership, with over 100 Copilot+ PC designs. Q2 FY2026 beat on revenue of $10.6 billion and EPS of $2.65. The Apple overhang of about $6-8 billion is priced in and nearly over. x.com 

Qualcomm is moving deeper into AI infrastructure alongside NVIDIA, Broadcom and Marvell through a partnership with Amazon Web Services. AWS will work with Qualcomm on custom AI inference chips and 1.6T optical connectivity, and Amazon got warrants for up to 25M Qualcomm shares that vest with up to $60B of purchases. CFO Akash Palkhiwala has very high confidence in about $5B of FY2027 data center revenue, with orders in hand, and targets $15B+ data center revenue and $18+ non-GAAP EPS by FY2029. … Show more

Qualcomm is weak in its own capabilities while facing longer phone replacement cycles and pricier memory. Its other growth narratives are a very long way off. x.com 

Qualcomm is still priced as a legacy modem stock while it builds a serious AI data center business. At 16x forward earnings it trades far below Broadcom, AMD and Nvidia. Per FundaAI research, it could ship about 1 million custom AI ASICs to a Chinese cloud provider by end-2026 at around $4,000 each, roughly $4 billion from one customer, with about 3 million server CPUs from 2027 and two US cloud providers in the pipeline; those figures remain estimates. x.com