Qualcomm (QCOM) Stock Forecast & Price Target

$168.74 0.00 (0.00%)

Closing price 09/4/2026 04:00 PM Eastern

Extended Trading

$170.00 +1.26 (+0.75%)

As of 04:18 AM Eastern

Compare

Qualcomm - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 37 Analyst Ratings

Sell
2

Hold
20

Buy
15

Based on 37 Wall Street analysts who have issued ratings for Qualcomm in the last 12 months, the stock has a consensus rating of "Hold." Out of the 37 analysts, 2 have given a sell rating, 20 have given a hold rating, 13 have given a buy rating, and 2 have given a strong buy rating for QCOM.

Consensus Price Target

$203.76
20.75% Upside

According to the 37 analysts' twelve-month price targets for Qualcomm, the average price target is $203.76. The highest price target for QCOM is $400.00, while the lowest price target for QCOM is $120.00. The average price target represents a forecasted upside of 20.75% from the current price of $168.74.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for QCOM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Qualcomm and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

QCOM Analyst Ratings Over Time

Type	Current Forecast 9/8/25 to 9/8/26	1 Month Ago 8/9/25 to 8/9/26	3 Months Ago 6/10/25 to 6/10/26	1 Year Ago 9/8/24 to 9/8/25
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)	12 Buy rating(s)
Hold	20 Hold rating(s)	20 Hold rating(s)	16 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	4 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$203.76	$203.63	$185.54	$182.10
Forecasted Upside	20.75% Upside	21.31% Upside	-2.96% Downside	13.64% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

QCOM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

QCOM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Qualcomm Stock vs. The Competition

Type	Qualcomm	Technology Companies	Broader Market
Consensus Rating Score	2.41	2.23	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	20.75% Upside	412.20% Upside	14.04% Upside
News Sentiment Rating	Positive News See Recent QCOM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
8/7/2026	Freedom Capital Not Rated		Upgrade	Hold ➝ Strong-Buy
7/30/2026	Evercore 3 of 5 stars	Mark Lipacis 5 of 5 stars	Set Target		$159.00	+5.24%
7/30/2026	Royal Bank Of Canada 3 of 5 stars	Srini Pajjuri Not Rated	Lower Target	Sector Perform	$250.00 ➝ $160.00	+6.74%
7/30/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stacy Rasgon Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$165.00	+10.08%
7/30/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$160.00	+6.74%
7/30/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tom O'Malley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Underweight	$180.00	+15.62%
7/30/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Aaron Rakers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$265.00 ➝ $170.00	+9.20%
7/30/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tristan Gerra Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$400.00	+156.94%
7/30/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timothy Arcuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$190.00 ➝ $170.00	+12.50%
7/30/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Rolland Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$190.00 ➝ $160.00	+6.01%
Get the Latest News and Ratings for QCOM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Qualcomm and its competitors with MarketBeat's FREE daily newsletter.
7/30/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joshua Buchalter Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$225.00 ➝ $175.00	+14.35%
7/30/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sajal Dogra Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$265.00 ➝ $235.00	+50.95%
7/30/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Moore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$231.00 ➝ $220.00	+41.32%
7/29/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Atif Malik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$198.00 ➝ $175.00	+6.79%
7/27/2026	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Cody Acree Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$300.00 ➝ $270.00	+60.04%
7/27/2026	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$200.00	+18.55%
7/27/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C.J. Muse Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$200.00 ➝ $165.00	-2.52%
7/15/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold
7/7/2026	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Moderate Buy
6/29/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$170.00 ➝ $210.00	+11.11%
6/26/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$265.00	+29.33%
6/25/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Market Perform ➝ Strong-Buy
6/25/2026	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy
6/25/2026	Lake Street Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Hold
6/25/2026	Craig Hallum Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/24/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
6/23/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tal Liani Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Underperform	$165.00 ➝ $195.00	-12.12%
6/22/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$200.00	-11.55%
6/5/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Samik Chatterjee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$160.00 ➝ $265.00	+22.72%
5/18/2026	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$220.00	+7.95%
5/8/2026	Roth Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy
5/8/2026	Tigress Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$270.00 ➝ $280.00	+26.31%
5/8/2026	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$225.00	+10.98%
5/4/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
5/1/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$220.00	+25.54%
4/30/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold	$160.00	-10.98%
4/30/2026	Summit Insights Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/29/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David O'Connor Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Neutral
2/24/2026	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gary Mobley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$185.00	+31.76%
2/5/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harsh Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$200.00	+48.81%
I found Rolls-Royce at $2 - now I see the same setup again (Ad) In 2022, Karim Rahemtulla recommended Rolls-Royce under $2 - a misunderstood aerospace name the market had written off. The stock climbed more than 1,100% over the next 3-4 years, with some subscribers reporting gains of $141,000, $272,000, or more. He believes a similar setup is forming now around what he calls the 'Energy Cube' - a compact nuclear system roughly the size of a shipping container, capable of powering up to 1,000 homes with no emissions, 24 hours a day. Bill Gates, Jeff Bezos, Google, and Microsoft have all backed companies in this space. The Nuclear Regulatory Commission is expected to issue a key approval as early as September - the first of its kind for this technology class in over a decade. Watch the full presentation before the NRC decision arrives
8/26/2025	Arete Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brett Simpson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$200.00	+25.31%
10/8/2024	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Vinh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Overweight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:19 AM ET.

Should I Buy Qualcomm Stock? QCOM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, September 5, 2026. Please send any questions or comments about these Qualcomm pros and cons to contact@marketbeat.com.

Qualcomm
Bull Case

Here are some ways that investors could benefit from investing in QUALCOMM Incorporated:

QUALCOMM Incorporated is currently trading at $168.74, a significant discount to its 52-week high of $259.92, which some analysts view as an opportunity given the company's aggressive diversification into non-handset segments like AI, automotive, and robotics, with targets for $40 billion in non-handset revenue by FY 2029.
The company recently raised its quarterly dividend by 3.4% to $0.92 per share, representing an annualized yield of approximately 2.2% and a payout ratio of 42.59%, which reinforces its appeal to income-focused investors seeking stable cash distributions.
QUALCOMM Incorporated is expanding its reach beyond smartphones by backing a $70 million funding round for Ultrahuman, supporting the development of smart rings powered by Qualcomm chips that run on-device AI and gesture-control functions, signaling a strategic push into advanced wearables.
Despite recent declines, the stock has a P/E ratio of 19.53 and a PEG ratio of 3.51, which some valuation commentary describes as inexpensive on earnings-based measures, particularly when considering the bullish case centered on growth in automotive, AI, data centers, and edge computing.
Short interest has decreased month-over-month, with shares shorted dropping to 33,274,306 as of August 14, 2026, from 34,577,216 in the previous month, suggesting a reduction in bearish sentiment among traders who were betting against the stock.

Qualcomm
Bear Case

Investors should be bearish about investing in QUALCOMM Incorporated for these reasons:

Recent analysis warns that QUALCOMM Incorporated’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition, which could impact the company's core revenue base.
Insider selling has been significant, with executives such as CAO Patricia Y. Grech and EVP Akash J. Palkhiwala selling thousands of shares in recent months, with insiders selling a total of 11,533 shares valued at $1,961,219 in the last three months, highlighting investor caution.
The company's revenue was down 4.0% on a year-over-year basis in the most recent quarter, with actual revenue of $9.95 billion missing the consensus estimate of $9.69 billion, indicating potential challenges in maintaining growth momentum.
QUALCOMM Incorporated has significantly underperformed the semiconductor sector, returning only 16% over five years versus the SOXX index's 227%, due to its heavy dependency on handset markets, which may limit its upside potential compared to peers.
The stock has a beta of 1.68, indicating higher volatility than the broader market, and it has experienced a steep three-month decline, losing nearly a third of its value, which may deter risk-averse investors.

QCOM Forecast - Frequently Asked Questions

According to the research reports of 37 Wall Street equities research analysts, the average twelve-month stock price forecast for Qualcomm is $203.76, with a high forecast of $400.00 and a low forecast of $120.00.

37 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Qualcomm in the last twelve months. There are currently 2 sell ratings, 20 hold ratings, 13 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" QCOM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QCOM, but not buy additional shares or sell existing shares.

According to analysts, Qualcomm's stock has a predicted upside of 20.75% based on their 12-month stock forecasts.

Over the previous 90 days, Qualcomm's stock had 6 upgrades and 2 downgrades by analysts.

Qualcomm has been rated by research analysts at Bank of America, Barclays, Benchmark, Cantor Fitzgerald, Citigroup, Craig Hallum, Dbs Bank, DZ Bank, Evercore, Freedom Capital, Guggenheim, HSBC, Lake Street Capital, Mizuho, Monness Crespi & Hardt, Morgan Stanley, Oppenheimer, Raymond James Financial, Robert W. Baird, Rosenblatt Securities, Royal Bank Of Canada, Sanford C. Bernstein, Susquehanna, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Qualcomm more than other "technology" companies. The consensus rating score for Qualcomm is 2.41 while the average consensus rating score for "technology" companies is 2.23. Learn more on how QCOM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Qualcomm Recommendations

MarketBeat monitors more than a dozen sources for Qualcomm analyst ratings, with the most recent rating issued on 8/7/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Qualcomm (QCOM) Stock Forecast & Price Target

Qualcomm - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

QCOM Analyst Ratings Over Time

QCOM Analyst Recommendations By Month

QCOM Price Targets by Month

Qualcomm Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Qualcomm Stock? QCOM Pros and Cons Explained

Qualcomm
Bull Case

Qualcomm
Bear Case

QCOM Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Qualcomm Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Qualcomm (QCOM) Stock Forecast & Price Target

Qualcomm - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

QCOM Analyst Ratings Over Time

QCOM Analyst Recommendations By Month

QCOM Price Targets by Month

Qualcomm Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Qualcomm Stock? QCOM Pros and Cons Explained

Qualcomm Bull Case

Qualcomm Bear Case

QCOM Forecast - Frequently Asked Questions

What is Qualcomm's forecast for 2026?

Should I buy or sell Qualcomm stock right now?

Does Qualcomm's stock price have much upside?

Has Qualcomm been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Qualcomm?

Do Wall Street analysts like Qualcomm more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Qualcomm Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Qualcomm
Bull Case

Qualcomm
Bear Case