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You are at:Home » Citi says Qualcomm (QCOM)’s valuation appears to have increased following recent moves
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Citi says Qualcomm (QCOM)’s valuation appears to have increased following recent moves

Adnan MaharBy Adnan MaharJuly 1, 2007No Comments2 Mins Read1 Views
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Qualcomm Incorporated (NASDAQ:QCOM) is among the 15 best S&P 500 dividend stocks to buy in 2026.

Citi says Qualcomm (QCOM)'s valuation appears to have increased following recent moves
Citi says Qualcomm (QCOM)’s valuation appears to have increased following recent moves

Karlis Dambrance/Flickr

On January 15, Citi maintained a Neutral rating on Qualcomm Incorporated (NASDAQ:QCOM) with a price target of $180 after the stock moved on new analyst coverage. The company noted that Qualcomm stock is currently trading above historical valuation levels.

Separately, Reuters reported on January 7 that Qualcomm is in talks with Samsung Electronics to manufacture 2-nanometer chips on a contract basis. Qualcomm CEO Cristiano Amon said the company is the first among a group of chip foundry partners to talk to Samsung about producing chips using Samsung’s latest 2nm process, according to a report in the Korean Economic Newspaper. He also said that design work has already been completed and commercialization is expected in the near future.

Qualcomm did not immediately respond to a request for comment outside of normal business hours, while Samsung said it does not comment on specific customers.

Qualcomm, Inc. (NASDAQ:QCOM) develops and commercializes the core technologies that power much of the wireless communications industry.

While we see QCOM’s potential as an investment, we believe certain AI stocks have greater upside potential and less downside risk. If you’re looking for highly undervalued AI stocks that could also benefit greatly from Trump-era tariffs and onshoring trends, check out our free report on the best AI stocks in the short term.

Read next: Dividend shortlist: Top 20 stocks to buy in 2026 and 12 most profitable dividend stocks

Disclosure: None.



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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