Qualcomm stock forecast benefits from rising adoption of

Qualcomm stock forecast benefits from rising adoption of Snapdragon platforms in emerging markets, with analysts projecting a 15% sales increase in APAC regions. RSI levels at 58 indicate room for further technical rally before overbought conditions. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires . Meanwhile, the latest update also follows Arm’s launch of the Lumex AI-powered chip design platform earlier this month. Lumex is an advanced chip design platform optimized for on-device AI workloads across mobile devices, wearables, and next-gen consumer hardware. Current Qualcomm stock forecast models project moderate upside, with consensus target at $175 over the next 6 months, fueled by AI-enabled mobile processor demand and sustained supply chain recovery. Price-to-earnings ratio stands at 21.4, reflecting sector confidence.