{
  "id": 19831805,
  "title": "What's Going On With Qualcomm Stock Friday?",
  "url": "https://urgent.news/2026/11/13/whats-going-on-with-qualcomm-stock-friday",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T15:52:34.000Z",
  "source": {
    "name": "Benzinga",
    "slug": "benzinga",
    "url": "https://www.benzinga.com/markets/tech/26/11/63247639/whats-going-on-with-qualcomm-stock-friday"
  },
  "original_language": "en",
  "account": "On Friday, Qualcomm Inc. (QCOM) experienced a significant drop in its stock price, declining nearly 5% amid broader market weakness. The Nasdaq and S&P 500 both suffered declines of 2.03% and 0.91%, respectively, with technology being the worst-performing sector, falling 3%. Technical indicators suggest continued selling pressure, as Qualcomm traded below its key moving averages, including its 20-day simple moving average of $173.10 and 50-day average of $178.66. The stock also fell 1% below its 200-day average of $170.18. However, the relative strength index stood at a neutral 46.57, indicating neither oversold nor overbought conditions. Analysts maintain a consensus Hold rating on the stock, with an average price target of $186.94. Recent analyst actions include downgrades and price forecasts being lowered by Freedom Broker, UBS, and JPMorgan. Meanwhile, Qualcomm is expanding into artificial intelligence-powered robotics, developing hardware, software, and data solutions for the robotics industry. This push into AI markets could help the company diversify beyond smartphones.",
  "summary": "Qualcomm Inc. (NASDAQ:QCOM) stock fell nearly 5% Friday as investors sold technology stocks amid broader market weakness. The Nasdaq dropped 2.03%, while the S&P 500 declined 0.91%. Technology was the worst-performing sector, falling 3%. Technical Indicators Signal Weakness Qualcomm traded below its key moving averages, signaling continued selling pressure. The stock was 2.6% below its 20-day…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}