Qualcomm's stock saw a notable increase as analysts reacted positively to its new strategic partnership with Amazon.
Qualcomm Incorporated (NASDAQ:QCOM) went up yesterday by 1.33%, closing at CA$176.40. This uptick comes amidst growing optimism regarding its recent collaboration with Amazon Web Services (AWS) to develop custom AI data center infrastructure.
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Qualcomm Incorporated
QCOM.US
QCOM.US
Qualcomm Incorporated
WealthAwesomeMarket cap
$210.66B
P/E
22.6x
Div. yield
1.81%
Div. / share
$3.59
52W high
$257.56
52W low
$120.88
1W change
+6.71%
Beta
1.68
Analyst Price Targets
Based on 37 analysts covering QCOM · as of Sep 17, 2026
Wall Street analysts forecast QCOM stock price to rise 659.5% over the next 12 months.
Consensus
Buy3.73 / 5.00
Avg. Target
C$194.13
+659.5% Upside
Current Price
C$25.56
Last close
Analyst Breakdown (37 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on QCOM's historical volatility
30-Day Vol
40.8%
Annualized
90-Day Vol
50.9%
Annualized
Trend (90d)
+20.8%
Annualized drift
90d Mean
C$212.47
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$202.19 | C$175.61 – C$232.79 |
| 60 trading days | C$207.27 | C$169.81 – C$252.98 |
| 90 trading days | C$212.47 | C$166.45 – C$271.21 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors are optimistic about Qualcomm's potential to capture a larger share of the AI market, especially with the backing of major clients like Amazon.
1.33% Gain
Qualcomm's stock performance reflects investor confidence in its strategic direction and potential revenue growth from AI technology.
Bull case
The partnership with AWS could significantly boost Qualcomm's revenue. Estimates suggest it could add $6 billion annually over the next decade if all milestones are met.
Bear case
Despite the positive outlook, Qualcomm faces challenges. Companies like MediaTek are gaining ground in the AI chip market, which could threaten Qualcomm's position.
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Strategic Partnership with Amazon
Qualcomm's collaboration with Amazon Web Services aims to create custom AI chips for data centers, positioning the company to capitalize on the growing demand for AI infrastructure. Analysts have raised price targets for Qualcomm, reflecting confidence in the potential revenue from this partnership.
Competitive Landscape
While Qualcomm's stock gained, the competitive landscape remains challenging. Companies like MediaTek are making significant strides in the AI chip market, which could impact Qualcomm's market share. Investors should keep an eye on how Qualcomm adapts to this evolving competition.
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