11 Trending AI Stocks on Latest News and Ratings

Page 4 of 11

8. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. On November 7, Morgan Stanley analyst Joseph Moore lowered the price target on the stock to $204 from $207 and kept an Equal Weight rating on the shares. In the September quarter, Qualcomm benefited from increased content, a stable and growing premium tier handset market, and normalized inventory dynamics, noted the analyst, whose numbers are roughly unchanged following the report. The analyst now forecasts revenue of $10.3 billion for the March quarter and $2.66 EPS and for calendar 2025 it now models $42.6 billion and $11.32 in terms of revenue and EPS, respectively.

Page 4 of 11