We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Snapdragon 8 Elite Gen 5 for Galaxy Launch Boost QCOM Shares?
Read MoreHide Full Article
Key Takeaways
Qualcomm launched Snapdragon 8 Elite Gen 5 to power the Galaxy S26 Ultra globally.
The chip adds Oryon CPU, Adreno GPU, and Hexagon NPU to enhance AI, graphics, and camera features.
Qualcomm expands with new mid-range Snapdragon chips, targeting broader AI smartphone growth.
Qualcomm Incorporated (QCOM - Free Report) has launched its most advanced mobile chip, the Snapdragon 8 Elite Gen 5 for Galaxy, strengthening its long-running partnership with Samsung Electronics. The new processor, which is an updated version of Snapdragon 8 Elite Gen 5 and specifically optimized for the exclusive Samsung Galaxy series, will power the Galaxy S26 Ultra worldwide, while the Galaxy S26+ and S26 will use it in select regions.
Qualcomm’s new chipset includes the custom 3rd Gen Qualcomm Oryon CPU, next-generation Qualcomm Adreno GPU, and advanced Qualcomm Hexagon NPU to boost performance, graphics and on-device AI. The platform enables faster workflows, improved camera capabilities, including Advanced Professional Video capture, and more personalized AI experiences, such as Now Nudge.
The company is closely working with Samsung to optimize the chip for Galaxy AI features, enabling timely suggestions and efficient background tasks while keeping power use low. The chip includes Qualcomm Smart Transmit technology, which improves connectivity by optimizing uplink performance across 5G, Wi-Fi, Bluetooth and satellite links for faster uploads, better coverage, and seamless performance. The platform also includes the Qualcomm FastConnect 7900 mobile connectivity system with Ultra Wideband, making interactions on the Galaxy S26 Ultra and S26+ more responsive.
Other Tech Firms Focused on Mobile Chip Development
Qualcomm faces competition from Apple, Inc. (AAPL - Free Report) and Broadcom, Inc. (AVGO - Free Report) . Apple is continuing to upgrade its in-house A-series chips by launching A19 and A19 Pro mobile chips in its iPhone 17 series. The company has introduced its first in-house 5G modem, C1, and is expanding its AI capabilities to reduce reliance on external suppliers. Apple is expected to keep improving future iPhone chips for better performance and power efficiency.
Broadcom is developing advanced Wi Fi and wireless combo chips, including Wi Fi 7 and Wi Fi 8 solutions, to improve speed, range and low-latency connections for mobile devices. It also launched the BroadPeak radio digital front-end System on a Chip to support advanced 5G and future 6G mobile networks.
QCOM’s Price Performance, Valuation and Estimates
Qualcomm shares have lost 5.6% over the past year against the industry’s growth of 65%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company's shares currently trade at 12.85 forward earnings, lower than 32.86 for the industry.
Image Source: Zacks Investment Research
Earnings estimates for fiscal 2026 have declined 7.5% to $11.18 over the past 60 days, while those for fiscal 2027 have also decreased 8.8% to $11.41.
Image Source: Zacks Investment Research
Qualcomm stock currently carries a Zacks Rank #5 (Strong Sell).
View the Zacks #1 Rank List
Image: Shutterstock
Can Snapdragon 8 Elite Gen 5 for Galaxy Launch Boost QCOM Shares?
Key Takeaways
Qualcomm Incorporated (QCOM - Free Report) has launched its most advanced mobile chip, the Snapdragon 8 Elite Gen 5 for Galaxy, strengthening its long-running partnership with Samsung Electronics. The new processor, which is an updated version of Snapdragon 8 Elite Gen 5 and specifically optimized for the exclusive Samsung Galaxy series, will power the Galaxy S26 Ultra worldwide, while the Galaxy S26+ and S26 will use it in select regions.
Qualcomm’s new chipset includes the custom 3rd Gen Qualcomm Oryon CPU, next-generation Qualcomm Adreno GPU, and advanced Qualcomm Hexagon NPU to boost performance, graphics and on-device AI. The platform enables faster workflows, improved camera capabilities, including Advanced Professional Video capture, and more personalized AI experiences, such as Now Nudge.
The company is closely working with Samsung to optimize the chip for Galaxy AI features, enabling timely suggestions and efficient background tasks while keeping power use low. The chip includes Qualcomm Smart Transmit technology, which improves connectivity by optimizing uplink performance across 5G, Wi-Fi, Bluetooth and satellite links for faster uploads, better coverage, and seamless performance. The platform also includes the Qualcomm FastConnect 7900 mobile connectivity system with Ultra Wideband, making interactions on the Galaxy S26 Ultra and S26+ more responsive.
Other Tech Firms Focused on Mobile Chip Development
Qualcomm faces competition from Apple, Inc. (AAPL - Free Report) and Broadcom, Inc. (AVGO - Free Report) . Apple is continuing to upgrade its in-house A-series chips by launching A19 and A19 Pro mobile chips in its iPhone 17 series. The company has introduced its first in-house 5G modem, C1, and is expanding its AI capabilities to reduce reliance on external suppliers. Apple is expected to keep improving future iPhone chips for better performance and power efficiency.
Broadcom is developing advanced Wi Fi and wireless combo chips, including Wi Fi 7 and Wi Fi 8 solutions, to improve speed, range and low-latency connections for mobile devices. It also launched the BroadPeak radio digital front-end System on a Chip to support advanced 5G and future 6G mobile networks.
QCOM’s Price Performance, Valuation and Estimates
Qualcomm shares have lost 5.6% over the past year against the industry’s growth of 65%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company's shares currently trade at 12.85 forward earnings, lower than 32.86 for the industry.
Image Source: Zacks Investment Research
Earnings estimates for fiscal 2026 have declined 7.5% to $11.18 over the past 60 days, while those for fiscal 2027 have also decreased 8.8% to $11.41.
Image Source: Zacks Investment Research
Qualcomm stock currently carries a Zacks Rank #5 (Strong Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.