Is QUALCOMM (QCOM) One of the Safe Stocks for Beginners to Buy in 2026?

1 day ago 2

Noor Ul Ain Rehman

Sat, June 27, 2026 astatine 1:35 PM CDT 2 min read

QUALCOMM, Inc. (NASDAQ:QCOM) is 1 of the harmless stocks for beginners to bargain successful 2026. Reuters reported connected June 24 that QUALCOMM Incorporated (NASDAQ:QCOM) expects to make $15 cardinal successful income from its information halfway concern by 2029, moving beyond its halfway smartphone chips. Chief Financial Officer Akash Palkhiwala stated successful an capitalist presumption that the information halfway concern volition bring successful $5 cardinal for fiscal 2027, with $1 cardinal coming from the caller custom-chip customers. QUALCOMM Incorporated (NASDAQ:QCOM) besides stated that it anticipates $40 cardinal successful gross from chips extracurricular its smartphone stronghold by 2029, which is up from erstwhile estimates of $22 billion. By then, handsets would lone marque up a 3rd of its spot revenue.

Analyst Explains Why He's Buying Qualcomm (QCOM) Despite Facing Hopes of Cellphone 'Super Cycle'

In different development, Bloomberg reported connected June 22 that according to radical acquainted with the matter, QUALCOMM, Inc. (NASDAQ:QCOM) is successful precocious talks to get Modular Inc, the AI infrastructure bundle company, successful a transaction valued astatine astir $4 billion. It further reported that a transaction whitethorn beryllium announced arsenic soon arsenic the upcoming week. Bloomberg added that the radical asked not to beryllium identified since the accusation is private.

QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry, including 3G, 4G, and 5G wireless connectivity and high-performance and low-power computing, including on-device AI. The institution operates crossed assorted high-growth markets, including autonomous vehicles and smartphones. QUALCOMM's Snapdragon augmented world exertion is the adjacent procreation of mobile computing.

While we admit the imaginable of QCOM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article