Qualcomm Inc (NASDAQ:QCOM) stock climbed more than 2% Monday, outperforming a weaker broader market as investors weighed the chipmaker’s data center opportunity against margin and fiscal 2027 earnings risks.
The Nasdaq fell 0.26%, while the S&P 500 declined 0.44%.
• Qualcomm stock is building positive momentum. What’s driving QCOM shares up?
Analysts Stay Bullish Despite Margin Pressure
BofA Securities analyst Vivek Arya maintained a Buy rating on Qualcomm but lowered his price forecast to $180, citing higher input costs and fixed mobile pricing.
