Qualcomm Stock Remains a Buy Amid Data Center Expansion

3 months ago

Parkev Tatevosian, CFA

"I've been rating Qualcomm stock as a buy for some time now. Certainly for all of 2025 and for most of 2024, I had Qualcomm stock rated as a buy. So, I'm happy to see the stock price gaining as my viewers have been following this company and I know many of you purchased based on my initial recommendation. The current market price is 189 while the intrinsic value is 216, and even after a 13% share price increase, the stock still looks like an attractive value."

The speaker reiterates his buy rating for Qualcomm, emphasizing its undervaluation based on discounted cash flow analysis and its expansion into the data center market. He highlights significant future catalysts from the new AI chips and overall confidence in the company's management to capture new market opportunities, despite past challenges in this segment.

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