JPMorgan has stark message on Qualcomm stock

JPMorgan has stark message on Qualcomm stock

The Street April 18, 2026

JPMorgan is becoming more cautious on QUALCOMM Incorporated (QCOM) ahead of its upcoming earnings report, citing rising pressure in its core handset business. At the same time, newer growth areas are not yet large enough to offset that weakness. Here’s JPMorgan’s message to Qualcomm investors: On …