Qualcomm Announces Acquisition of Alphawave IP Group

The latest announcement is out from Qualcomm ( (QCOM) ).

On June 9, 2025, Qualcomm announced an agreement to acquire Alphawave IP Group plc through its subsidiary Aqua Acquisition Sub LLC. The acquisition offers Alphawave shareholders a choice between a cash offer or shares in Qualcomm, potentially impacting Qualcomm’s market position by expanding its technological capabilities and shareholder base.

The most recent analyst rating on (QCOM) stock is a Hold with a $170.00 price target. To see the full list of analyst forecasts on Qualcomm stock, see the QCOM Stock Forecast page.

Spark’s Take on QCOM Stock

According to Spark, TipRanks’ AI Analyst, QCOM is a Outperform.

Qualcomm’s overall score reflects its solid financial performance and strong earnings call, which highlight significant growth in key sectors like automotive and IoT. Valuation is reasonable, and technical indicators suggest a stable trend. Despite challenges in licensing revenues and global trade uncertainties, the company’s strategic focus on diversification and innovation supports its growth potential.

To see Spark’s full report on QCOM stock, click here.

More about Qualcomm

Qualcomm is a leading company in the telecommunications industry, primarily known for its development of semiconductors, software, and services related to wireless technology. The company focuses on enhancing mobile communications and connectivity solutions.

Average Trading Volume: 8,841,749

Technical Sentiment Signal: Hold

Current Market Cap: $163.9B

For detailed information about QCOM stock, go to TipRanks’ Stock Analysis page.