Qualcomm (QCOM) will release its second-quarter fiscal 2026 earnings on April 29. The company continues to benefit from steady consumer demand for smartphones and strong positioning of its Snapdragon products.

Bernstein's analyst Stacy Rasgon said the semiconductor sector is seeing unprecedented AI-driven growth. At the same time, he remains cautious on select stocks, such as Intel Corp INTC and QUALCOMM Inc QCOM,

Shares of Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) are surging in Friday midday trading, up roughly 11% as the semiconductor complex catches fire. The stock last changed hands near $148.28, after closing Thursday at $133.

Qualcomm (QCOM) stock jumped 9.38% on AI PC momentum, automotive revenue growth, and $20B buyback support ahead of its April 29 earnings report.

Buy Qualcomm (QCOM) only if it sells off on Wednesday earnings, using the post-earnings dip as the entry. Valuation is already cheap (forward P/E ~13 vs sector ~24) and the market is expecting EPS decline;

Sam Altman planned to develop AI “companions” after OpenAI added Apple’s famed designer last year.

Shares of Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) are up roughly 7% in early Monday trading, extending a powerful run that already saw the stock jump 11% on Friday after the earnings print. The pre-market tape has been wild,

QCOM into/after earnings if management holds the revenue range and, crucially, stops the China/memory narrative from worsening—look for firmer handset shipment commentary and no further EPS guide cut.

Qualcomm’s Snapdragon X2 powers AI PCs and drives automotive growth, yet the stock remains undervalued. Click here to find out why QCOM is a Strong Buy.