What is the analyst consensus rating for QCOM?

The analyst consensus rating for QCOM is "Hold" based on 33 analyst recommendations.

What is the average price target for QCOM?

The average 12-month price target for QCOM is $180.93, representing a downside of 11.4% from the current price of $204.13.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

QUALCOMM Incorporated (QCOM) Forecast: Analyst Ratings & Targets

Latest QCOM Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Jun 12, 2026	Aaron Rakers	Wells Fargo	Reiterates	Hold	$160.00 → $230.00 +70.00 (43.8%)
Jun 11, 2026	Vivek Arya	BofA Securities	Reiterates	Sell	$165.00
Jun 8, 2026	Stacy Rasgon	Bernstein	Maintains	Hold	$140.00
Jun 5, 2026	Samik Chatterjee	JP Morgan	Maintains	Hold	$160.00 → $265.00 +105.00 (65.6%)
Jun 4, 2026	Mark Lipacis	Evercore ISI Group	Maintains	Hold	$179.00
May 18, 2026	Ben Reitzes	Melius Research	Maintains	Hold	$170.00 → $220.00 +50.00 (29.4%)
May 13, 2026	Egor Tolmachev	Freedom Capital	Downgrades	Hold	$165.00 → $200.00 +35.00 (21.2%)
May 8, 2026	Ivan Feinseth	Tigress Financial	Reiterates	Buy	$270.00 → $280.00 +10.00 (3.7%)
May 8, 2026	Ingo Wermann	DZ BANK AG	Upgrades	Hold	$195.00
May 7, 2026	Louis Miscioscia	Daiwa	Downgrades	Buy	$140.00 → $225.00 +85.00 (60.7%)
May 1, 2026	Timothy Arcuri	UBS	Initiates Coverage	Hold	$150.00 → $170.00 +20.00 (13.3%)
May 1, 2026	Tristan Gerra	Baird	Maintains	Buy	$177.00 → $300.00 +123.00 (69.5%)
Apr 30, 2026	Kinngai Chan	Summit Insights	Downgrades	Buy	-
Apr 30, 2026	Cody Acree	Benchmark Co.	Maintains	Buy	$200.00 → $225.00 +25.00 (12.5%)
Apr 30, 2026	Jim Kelleher	Argus Research	Reiterates	Buy	$180.00 → $220.00 +40.00 (22.2%)
Apr 30, 2026	Ross Seymore	Deutsche Bank	Maintains	Hold	$150.00 → $160.00 +10.00 (6.7%)
Apr 30, 2026	Jay Goldberg	Seaport Global	Maintains	Sell	$100.00
Apr 30, 2026	Christopher Rolland	Susquehanna	Reiterates	Hold	$140.00 → $160.00 +20.00 (14.3%)
Apr 30, 2026	John Vinh	KeyBanc	Maintains	Hold	-
Apr 30, 2026	Joshua Buchalter	TD Cowen	Initiates Coverage	Buy	$150.00 → $200.00 +50.00 (33.3%)
Apr 30, 2026	Thomas O'Malley	Barclays	Maintains	Sell	$130.00 → $150.00 +20.00 (15.4%)
Apr 30, 2026	Atif Malik	Citi	Maintains	Hold	$140.00 → $160.00 +20.00 (14.3%)
Apr 30, 2026	Kevin Cassidy	Rosenblatt	Maintains	Buy	$190.00
Apr 30, 2026	Srini Pajjuri	RBC Capital	Maintains	Hold	$150.00 → $175.00 +25.00 (16.7%)
Apr 30, 2026	Joseph Moore	Morgan Stanley	Initiates Coverage	Sell	$132.00 → $146.00 +14.00 (10.6%)
Apr 29, 2026	C J Muse	Cantor Fitzgerald	Reiterates	Hold	$150.00
Apr 29, 2026	Vijay Rakesh	Mizuho	Maintains	Hold	$140.00 → $170.00 +30.00 (21.4%)
Apr 29, 2026	Rick Schafer	Oppenheimer	Maintains	Hold	$156.00
Apr 22, 2026	Tom O'Malley	Barclays	Initiates	Sell	$130.00
Apr 21, 2026	Timothy Arcuri	UBS	Maintains	Hold	$160.00 → $150.00 -10.00 (-6.3%)
Apr 17, 2026	David O'Connor	BNP Paribas	Downgrades	Hold	$180.00 → $120.00 -60.00 (-33.3%)
Apr 17, 2026	David O'Connor	Exane BNP Paribas	Upgrades	Hold	$120.00
Apr 16, 2026	Samik Chatterjee	JP Morgan	Downgrades	Hold	$185.00 → $140.00 -45.00 (-24.3%)
Mar 31, 2026	Melissa Fairbanks	Raymond James	Maintains	Hold	-
Mar 30, 2026	James Schneider	Goldman Sachs	Initiates	Hold	$126.80
Mar 26, 2026	Stacy Rasgon	Bernstein	Downgrades	Hold	$175.00 → $140.00 -35.00 (-20.0%)

Aaron Rakers

Wells Fargo

HoldReiterates

$160.00 → $230.00

Jun 12

Vivek Arya

BofA Securities

SellReiterates

$165.00

Jun 11

Stacy Rasgon

Bernstein

HoldMaintains

$140.00

Jun 8

Samik Chatterjee

JP Morgan

HoldMaintains

$160.00 → $265.00

Jun 5

Mark Lipacis

Evercore ISI Group

HoldMaintains

$179.00

Jun 4

Ben Reitzes

Melius Research

HoldMaintains

$170.00 → $220.00

May 18

Egor Tolmachev

Freedom Capital

HoldDowngrades

$165.00 → $200.00

May 13

Ivan Feinseth

Tigress Financial

BuyReiterates

$270.00 → $280.00

May 8

Ingo Wermann

DZ BANK AG

HoldUpgrades

$195.00

May 8

Louis Miscioscia

Daiwa

BuyDowngrades

$140.00 → $225.00

May 7

Timothy Arcuri

UBS

HoldInitiates Coverage

$150.00 → $170.00

May 1

Tristan Gerra

Baird

BuyMaintains

$177.00 → $300.00

May 1

Kinngai Chan

Summit Insights

BuyDowngrades

Apr 30

Cody Acree

Benchmark Co.

BuyMaintains

$200.00 → $225.00

Apr 30

Jim Kelleher

Argus Research

BuyReiterates

$180.00 → $220.00

Apr 30

Ross Seymore

Deutsche Bank

HoldMaintains

$150.00 → $160.00

Apr 30

Jay Goldberg

Seaport Global

SellMaintains

$100.00

Apr 30

Christopher Rolland

Susquehanna

HoldReiterates

$140.00 → $160.00

Apr 30

John Vinh

KeyBanc

HoldMaintains

Apr 30

Joshua Buchalter

TD Cowen

BuyInitiates Coverage

$150.00 → $200.00

Apr 30

Thomas O'Malley

Barclays

SellMaintains

$130.00 → $150.00

Apr 30

Atif Malik

Citi

HoldMaintains

$140.00 → $160.00

Apr 30

Kevin Cassidy

Rosenblatt

BuyMaintains

$190.00

Apr 30

Srini Pajjuri

RBC Capital

HoldMaintains

$150.00 → $175.00

Apr 30

Joseph Moore

Morgan Stanley

SellInitiates Coverage

$132.00 → $146.00

Apr 30

C J Muse

Cantor Fitzgerald

HoldReiterates

$150.00

Apr 29

Vijay Rakesh

Mizuho

HoldMaintains

$140.00 → $170.00

Apr 29

Rick Schafer

Oppenheimer

HoldMaintains

$156.00

Apr 29

Tom O'Malley

Barclays

SellInitiates

$130.00

Apr 22

Timothy Arcuri

UBS

HoldMaintains

$160.00 → $150.00

Apr 21

David O'Connor

BNP Paribas

HoldDowngrades

$180.00 → $120.00

Apr 17

David O'Connor

Exane BNP Paribas

HoldUpgrades

$120.00

Apr 17

Samik Chatterjee

JP Morgan

HoldDowngrades

$185.00 → $140.00

Apr 16

Melissa Fairbanks

Raymond James

HoldMaintains

Mar 31

James Schneider

Goldman Sachs

HoldInitiates

$126.80

Mar 30

Stacy Rasgon

Bernstein

HoldDowngrades

$175.00 → $140.00

Mar 26

QUALCOMM Incorporated (QCOM) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest QCOM Analyst Ratings & Recommendations

Frequently Asked Questions