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QUALCOMM (QCOM) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

QCOM Stock Forecast

QUALCOMM stock forecast is as follows: an average price target of $201.67 (represents a 31.77% upside from QCOM’s last price of $153.05) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.

QCOM Price Target

The average price target for QUALCOMM (QCOM) is $201.67 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $270.00 to $175.00. This represents a potential 31.77% upside from QCOM's last price of $153.05.

QCOM Analyst Ratings

Buy

According to 26 Wall Street analysts, QUALCOMM's rating consensus is 'Buy'. The analyst rating breakdown for QCOM stock is 0 'Strong Buy' (0.00%), 15 'Buy' (57.69%), 9 'Hold' (34.62%), 2 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).

QUALCOMM Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Gary MobleyLoop Capital Markets$180.00$168.296.96%17.61%
Nov 07, 2024Aaron RakersWells Fargo$175.00$164.846.16%14.34%
Oct 16, 2024Christopher DanelyCitigroup$185.00$174.096.27%20.88%
Aug 01, 2024Tom O'MalleyBarclays$200.00$180.9510.53%30.68%
Jul 17, 2024Frank LeeHSBC$200.00$209.64-4.60%30.68%
Jun 21, 2024Ivan FeinsethTigress Financial$270.00$211.5427.64%76.41%
May 31, 2024Vijay RakeshMizuho Securities$240.00$204.8017.19%56.81%
May 07, 2024Jim KelleherArgus Research$205.00$181.8512.73%33.94%
May 02, 2024Angelo ZinoCFRA$200.00$180.1011.05%30.68%
May 02, 2024Kevin CassidyRosenblatt Securities$200.00$177.4712.70%30.68%
May 02, 2024Tristan GerraRobert W. Baird$200.00$164.1121.87%30.68%
May 02, 2024Chris CasoWolfe Research$200.00$164.1121.87%30.68%
May 02, 2024Timothy ArcuriUBS$175.00$164.116.64%14.34%
May 02, 2024Joseph MooreMorgan Stanley$172.00$164.114.81%12.38%
May 02, 2024Michael WalkleyCanaccord Genuity$206.00$164.1125.53%34.60%
May 02, 2024Stacy RasgonBernstein$220.00$164.1134.06%43.74%
May 02, 2024Vijay RakeshMizuho Securities$180.00$164.119.68%17.61%
May 02, 2024Harsh KumarPiper Sandler$185.00$164.1112.73%20.88%
Apr 30, 2024Frank LeeHSBC$190.00$165.8514.56%24.14%
Apr 10, 2024Christopher RollandSusquehanna$205.00$173.5818.10%33.94%
Apr 08, 2024John VinhKeyBanc$205.00$173.2718.31%33.94%
Feb 13, 2024Flags HuaweiPiper Sandler$165.00$150.049.97%7.81%
Feb 01, 2024Tal LianiBank of America Securities$173.00$142.3521.53%13.03%
Nov 02, 2023John VinhLoop Capital Markets$145.00$117.4823.43%-5.26%
Nov 02, 2023Stacy RasgonBernstein$145.00$117.4723.44%-5.26%
Nov 02, 2023Harsh KumarPiper Sandler$140.00$117.4819.17%-8.53%
Aug 23, 2023Vijay RakeshMizuho Securities$140.00$110.9626.17%-8.53%
Aug 03, 2023Michael WalkleyLoop Capital Markets$152.00$118.0528.76%-0.69%
May 04, 2023Kevin CassidyRosenblatt Securities$145.00$106.6535.96%-5.26%
Feb 05, 2023Cowen CowenCowen & Co.$155.00$135.0214.80%1.27%
Nov 03, 2022Christopher DanelyCitigroup$105.00$103.881.08%-31.39%
Nov 03, 2022John VinhKeyBanc$150.00$103.8844.40%-1.99%
Nov 03, 2022Melissa FairbanksRaymond James$150.00$103.8844.40%-1.99%
Nov 03, 2022Melissa FairbanksRaymond James$150.00$112.5033.33%-1.99%
Oct 24, 2022Frank LeeHSBC$180.00$115.7455.52%17.61%
Jul 30, 2022Ross SeymoreDeutsche Bank$170.00$145.0617.19%11.07%
Jul 28, 2022Kevin CassidyRosenblatt Securities$220.00$145.0651.66%43.74%
Jul 28, 2022Melissa FairbanksRaymond James$190.00$145.0630.98%24.14%
Jul 20, 2022Gary MobleyWells Fargo$135.00$151.18-10.70%-11.79%
Jun 22, 2022Vijay RakeshMizuho Securities$168.00$124.3935.06%9.77%
Jun 21, 2022Vijay RakeshMizuho Securities$110.00$124.39-11.57%-28.13%
Jun 13, 2022John VinhKeyBanc$220.00$129.6369.71%43.74%
May 06, 2022Ivan FeinsethTigress Financial$238.00$140.5869.30%55.50%
May 03, 2022Joseph MooreMorgan Stanley$170.00$145.2717.02%11.07%
May 01, 2022Gary MobleyWells Fargo$150.00$139.697.38%-1.99%
Apr 30, 2022Timothy ArcuriUBS$155.00$139.6910.96%1.27%
Apr 29, 2022Blayne CurtisBarclays$160.00$148.197.97%4.54%
Apr 28, 2022John VinhLoop Capital Markets$200.00$146.0636.93%30.68%
Apr 28, 2022Chris CasoRaymond James$222.00$146.0651.99%45.05%
Apr 28, 2022Susquehanna$165.00$143.5514.94%7.81%
Apr 27, 2022Ross SeymoreDeutsche Bank$190.00$133.5042.32%24.14%
Apr 25, 2022Morgan Stanley$167.00$134.9723.73%9.11%
Apr 24, 2022Vijay RakeshMizuho Securities$185.00$132.8139.30%20.88%
Mar 26, 2022Harsh KumarPiper Sandler$225.00$157.9742.43%47.01%
Mar 13, 2022Ross SeymoreDeutsche Bank$210.00$152.3437.85%37.21%
Feb 06, 2022Tristan GerraRobert W. Baird$250.00$179.4739.30%63.35%
Feb 03, 2022Stacy RasgonBernstein$250.00$178.3640.17%63.35%
Feb 03, 2022Christopher DanelyCitigroup$190.00$178.366.53%24.14%
Feb 02, 2022Kevin CassidyRosenblatt Securities$225.00$187.4220.05%47.01%
Jan 13, 2022Gary MobleyWells Fargo$185.00$183.131.02%20.88%
Jan 12, 2022Blayne CurtisBarclays$185.00$185.64-0.34%20.88%
Nov 18, 2021Timothy ArcuriUBS$185.00$184.850.08%20.88%
Nov 18, 2021Tal LianiBank of America Securities$220.00$184.8519.02%43.74%
Nov 17, 2021C J MuseEvercore ISI$190.00$182.094.34%24.14%
Nov 17, 2021Rod HallGoldman Sachs$208.00$182.0914.23%35.90%
Nov 05, 2021Kyle McNealyJefferies$160.00$161.74-1.08%4.54%
Nov 05, 2021Ingo WermannDZ BANK AG$168.00$161.743.87%9.77%
Sep 09, 2021Ivan FeinsethTigress Financial$195.00$140.4638.83%27.41%

The latest QUALCOMM stock forecast, released on Nov 11, 2024 by Gary Mobley from Loop Capital Markets, set a price target of $180.00, which represents a 6.96% increase from the stock price at the time of the forecast ($168.29), and a 17.61% increase from QCOM last price ($153.05).

QUALCOMM Price Target by Period

1M3M12M
# Anlaysts-323
Avg Price Target-$180.00$197.00
Last Closing Price$153.05$153.05$153.05
Upside/Downside-100.00%17.61%28.72%

In the current month, the average price target of QUALCOMM stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to QUALCOMM's last price of $153.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 11, 2024Loop Capital MarketsHoldInitialise
Nov 07, 2024Wells FargoUnderweightUnderweightHold
Oct 16, 2024CitigroupNeutralNeutralHold
Oct 08, 2024Cantor FitzgeraldNeutralNeutralHold
Oct 08, 2024Wells FargoBuyBuyHold
Oct 08, 2024KeyBancOverweightSector WeightDowngrade
Sep 17, 2024Wells FargoBuyBuyHold
Aug 12, 2024Wolfe ResearchBuyPeer PerformDowngrade
Aug 01, 2024BarclaysOverweightOverweightHold
Jul 17, 2024SusquehannaPositivePositiveHold
Jul 17, 2024HSBCBuyHoldDowngrade
Jul 15, 2024CitigroupNeutralNeutralHold
Jul 09, 2024KeyBancOverweightOverweightHold
Jun 21, 2024Wolfe ResearchBuyBuyHold
Jun 21, 2024Tigress FinancialBuyBuyHold
Jun 04, 2024Cowen & Co.BuyBuyHold
May 31, 2024Wolfe ResearchBuyBuyHold
May 31, 2024Bank of America SecuritiesBuyBuyHold
May 21, 2024BenchmarkBuyBuyHold
May 02, 2024Wolfe ResearchOutperformOutperformHold
May 02, 2024UBSNeutralNeutralHold
May 02, 2024BernsteinOutperformOutperformHold
May 02, 2024Canaccord GenuityBuyBuyHold
May 02, 2024Piper SandlerOverweightOverweightHold
May 02, 2024Bank of America SecuritiesBuyBuyHold
May 02, 2024CitigroupNeutralNeutralHold
Apr 30, 2024HSBCBuyBuyHold
Apr 23, 2024BenchmarkBuyInitialise
Apr 15, 2024Evercore ISINegativeInitialise
Apr 08, 2024Cantor FitzgeraldNeutralNeutralHold
Apr 08, 2024KeyBancOverweightOverweightHold
Mar 11, 2024Rosenblatt SecuritiesBuyBuyHold
Feb 13, 2024Piper SandlerOverweightOverweightHold
Feb 12, 2024Rosenblatt SecuritiesBuyBuyHold
Feb 01, 2024Bank of America SecuritiesBuyBuyHold
Feb 01, 2024KeyBancOverweightOverweightHold
Feb 01, 2024OppenheimerPerformPerformHold
Jan 12, 2024CitigroupNeutralPositiveUpgrade
Nov 02, 2023KeyBancOverweightOverweightHold
Nov 02, 2023OppenheimerPerformPerformHold
Nov 02, 2023Piper SandlerOverweightOverweightHold
Nov 02, 2023BernsteinOutperformOutperformHold
Aug 16, 2023Deutsche BankBuyHoldDowngrade
Aug 03, 2023SusquehannaPositivePositiveHold
Aug 03, 2023Raymond JamesMarket PerformMarket PerformHold
Aug 03, 2023KeyBancOverweightOverweightHold
May 05, 2023Raymond JamesOutperformOutperformHold
May 04, 2023Cowen & Co.OutperformOutperformHold
May 04, 2023OppenheimerPerformPerformHold
Mar 16, 2023SusquehannaNeutralPositiveUpgrade
Feb 07, 2023Bank of America SecuritiesBuyBuyHold
Feb 06, 2023CitigroupNeutralNeutralHold
Feb 01, 2023BarclaysEqual-WeightOverweightUpgrade
Dec 22, 2022Telsey AdvisoryNeutralNeutralHold
Nov 03, 2022Raymond JamesStrong BuyStrong BuyHold
Nov 03, 2022Piper SandlerOverweightOverweightHold
Nov 03, 2022Wells FargoEqual-WeightEqual-WeightHold
Nov 03, 2022Morgan StanleyOverweightOverweightHold
Nov 03, 2022Deutsche BankBuyBuyHold
Nov 03, 2022KeyBancOutperformOutperformHold
Sep 26, 2022JefferiesOverweightOverweightHold
Sep 23, 2022Wells FargoOutperformOutperformHold
Sep 23, 2022Deutsche BankBuyBuyHold
Jul 30, 2022Deutsche BankBuyBuyHold
Jul 15, 2022Edward JonesBuyUpgrade
Jun 22, 2022Mizuho SecuritiesBuyBuyHold
Jun 13, 2022KeyBancOverweightOverweightHold
Apr 29, 2022BarclaysEqual-WeightEqual-WeightHold
Apr 28, 2022Rosenblatt SecuritiesBuyBuyHold
Apr 28, 2022KeyBancOverweightOverweightHold
Apr 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 28, 2022SusquehannaNeutralNeutralHold
Apr 28, 2022Morgan StanleyOverweightOverweightHold
Apr 28, 2022UBSNeutralNeutralHold
Apr 28, 2022Piper SandlerOverweightOverweightHold
Apr 28, 2022Raymond JamesStrong BuyStrong BuyHold
Apr 27, 2022Deutsche BankBuyBuyHold
Mar 26, 2022Piper SandlerOverweightOverweightHold
Mar 13, 2022Deutsche BankBuyBuyHold
Jan 15, 2022BarclaysEqual-WeightEqual-WeightHold
Nov 28, 2021KeyBancOverweightOverweightHold
Nov 07, 2021Morgan StanleyOverweightOverweightHold
Nov 04, 2021Goldman SachsBuyUpgrade

QUALCOMM's last stock rating was published by Loop Capital Markets on Nov 11, 2024. The company Initialise its QCOM rating from "null" to "Hold".

QUALCOMM Financial Forecast

QUALCOMM Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue---------------$9.94B$8.63B$8.45B$9.28B$9.46B$11.39B$10.94B$11.16B$10.71B$9.34B$8.06B$7.93B$8.23B$8.35B$4.89B
Avg Forecast$11.31B$11.01B$10.45B$11.58B$11.40B$10.97B$10.87B$11.69B$10.92B$10.32B$10.31B$10.93B$9.90B$9.21B$9.35B$9.51B$8.51B$8.51B$9.09B$9.60B$11.36B$10.86B$10.63B$10.44B$8.84B$7.53B$7.62B$8.26B$5.90B$4.81B
High Forecast$11.96B$11.64B$11.05B$12.24B$12.06B$11.60B$11.49B$12.36B$11.55B$10.91B$10.44B$10.96B$9.94B$9.21B$9.35B$9.66B$8.79B$9.00B$9.61B$10.15B$11.36B$10.86B$10.63B$10.44B$8.84B$7.53B$7.62B$8.26B$5.90B$4.81B
Low Forecast$11.09B$10.80B$10.25B$11.36B$11.18B$10.76B$10.66B$11.46B$10.71B$10.12B$10.24B$10.88B$9.87B$9.21B$9.35B$9.44B$8.40B$8.34B$8.92B$9.41B$11.36B$10.86B$10.63B$10.44B$8.84B$7.53B$7.62B$8.26B$5.90B$4.81B
# Analysts77887107611614157448211020129159101812102066
Surprise %---------------1.04%1.01%0.99%1.02%0.99%1.00%1.01%1.05%1.03%1.06%1.07%1.04%1.00%1.41%1.02%

QUALCOMM's average Quarter revenue forecast for Mar 24 based on 4 analysts is $9.35B, with a low forecast of $9.35B, and a high forecast of $9.35B. QCOM's average Quarter revenue forecast represents a -5.86% decrease compared to the company's last Quarter revenue of $9.94B (Dec 23).

QUALCOMM EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts77887107611614157448211020129159101812102066
EBITDA---------------$2.93B$1.87B$1.82B$2.56B$2.86B$5.20B$3.78B$4.27B$4.41B$3.85B$2.80B$2.66B$3.11B$3.81B$1.37B
Avg Forecast$3.75B$3.65B$3.46B$3.84B$3.78B$3.63B$3.60B$3.87B$3.62B$3.42B$3.42B$3.62B$3.28B$3.05B$4.33B$3.15B$2.82B$2.82B$3.93B$4.50B$3.87B$3.70B$3.58B$3.56B$3.01B$2.56B$2.29B$2.81B$2.01B$1.64B
High Forecast$3.96B$3.86B$3.66B$4.06B$3.99B$3.84B$3.81B$4.09B$3.83B$3.62B$3.46B$3.63B$3.29B$3.05B$5.19B$3.20B$2.91B$2.98B$4.72B$5.40B$3.87B$3.70B$4.29B$3.56B$3.01B$2.56B$2.75B$2.81B$2.01B$1.64B
Low Forecast$3.67B$3.58B$3.40B$3.76B$3.70B$3.56B$3.53B$3.80B$3.55B$3.35B$3.39B$3.60B$3.27B$3.05B$3.46B$3.13B$2.78B$2.76B$3.15B$3.60B$3.87B$3.70B$2.86B$3.56B$3.01B$2.56B$1.83B$2.81B$2.01B$1.64B
Surprise %---------------0.93%0.66%0.65%0.65%0.64%1.35%1.02%1.19%1.24%1.28%1.09%1.16%1.10%1.90%0.84%

4 analysts predict QCOM's average Quarter EBITDA for Mar 24 to be $4.33B, with a high of $5.19B and a low of $3.46B. This is 47.81% upper than QUALCOMM's previous annual EBITDA (Dec 23) of $2.93B.

QUALCOMM Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts77887107611614157448211020129159101812102066
Net Income---------------$2.77B$1.49B$1.80B$1.70B$2.23B$2.87B$3.73B$2.93B$3.40B$2.80B$2.03B$1.76B$2.46B$2.96B$845.00M
Avg Forecast$3.61B$3.45B$3.26B$3.70B$3.53B$3.29B$3.28B$3.69B$3.33B$3.01B$3.03B$3.36B$2.89B$2.54B$3.18B$2.68B$2.15B$2.04B$2.89B$3.47B$3.55B$3.27B$2.63B$3.41B$2.57B$1.90B$1.52B$2.39B$1.33B$799.80M
High Forecast$3.88B$3.70B$3.50B$3.98B$3.79B$3.54B$3.53B$3.96B$3.58B$3.23B$3.22B$3.41B$2.90B$2.54B$3.82B$2.82B$2.27B$2.19B$3.47B$4.16B$3.55B$3.27B$3.16B$3.41B$2.57B$1.90B$1.82B$2.39B$1.33B$799.80M
Low Forecast$3.52B$3.36B$3.17B$3.61B$3.44B$3.21B$3.20B$3.59B$3.25B$2.93B$2.90B$3.18B$2.88B$2.54B$2.55B$2.63B$2.08B$1.99B$2.32B$2.77B$3.55B$3.27B$2.11B$3.41B$2.57B$1.90B$1.22B$2.39B$1.33B$799.80M
Surprise %---------------1.03%0.69%0.88%0.59%0.64%0.81%1.14%1.11%1.00%1.09%1.06%1.16%1.03%2.23%1.06%

QUALCOMM's average Quarter net income forecast for Mar 24 is $3.18B, with a range of $2.55B to $3.82B. QCOM's average Quarter net income forecast represents a 15.08% increase compared to the company's last Quarter net income of $2.77B (Dec 23).

QUALCOMM SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts77887107611614157448211020129159101812102066
SG&A---------------$627.00M$628.00M$618.00M$614.00M$623.00M$683.00M$655.00M$624.00M$608.00M$618.00M$597.00M$557.00M$567.00M$551.00M$511.00M
Avg Forecast$805.49M$784.13M$744.43M$824.65M$812.21M$781.42M$774.19M$832.39M$778.01M$735.13M$734.63M$778.32M$705.41M$656.25M$677.20M$677.36M$606.03M$605.92M$615.64M$619.92M$853.67M$816.30M$559.67M$784.55M$664.62M$565.80M$480.29M$621.03M$443.25M$361.46M
High Forecast$851.63M$829.04M$787.07M$871.89M$858.74M$826.18M$818.54M$880.07M$822.57M$777.24M$743.19M$780.46M$707.85M$656.25M$812.64M$688.06M$625.91M$640.63M$738.76M$743.90M$853.67M$816.30M$671.60M$784.55M$664.62M$565.80M$576.34M$621.03M$443.25M$361.46M
Low Forecast$789.94M$768.99M$730.06M$808.74M$796.53M$766.34M$759.25M$816.32M$762.99M$720.94M$729.63M$774.74M$702.98M$656.25M$541.76M$672.37M$598.00M$594.23M$492.51M$495.93M$853.67M$816.30M$447.74M$784.55M$664.62M$565.80M$384.23M$621.03M$443.25M$361.46M
Surprise %---------------0.93%1.04%1.02%1.00%1.00%0.80%0.80%1.11%0.77%0.93%1.06%1.16%0.91%1.24%1.41%

QUALCOMM's average Quarter SG&A projection for Mar 24 is $677.20M, based on 4 Wall Street analysts, with a range of $541.76M to $812.64M. The forecast indicates a 8.01% rise compared to QCOM last annual SG&A of $627.00M (Dec 23).

QUALCOMM EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts77887107611614157448211020129159101812102066
EPS---------------$2.48$1.33$1.62$1.53$1.99$2.56$3.32$2.61$3.02$2.48$1.80$1.55$2.16$2.62$0.75
Avg Forecast$3.20$3.05$2.88$3.28$3.12$2.92$2.91$3.26$2.95$2.66$2.68$2.97$2.56$2.25$2.33$2.37$1.91$1.81$2.15$2.36$3.13$2.89$2.95$3.01$2.26$1.68$1.69$2.10$1.17$0.71
High Forecast$3.43$3.28$3.10$3.53$3.36$3.13$3.12$3.51$3.17$2.86$2.85$3.02$2.57$2.25$2.33$2.50$2.01$1.94$2.31$2.53$3.13$2.89$2.95$3.01$2.26$1.68$1.69$2.10$1.17$0.71
Low Forecast$3.12$2.98$2.81$3.20$3.05$2.84$2.83$3.18$2.87$2.60$2.57$2.82$2.55$2.25$2.33$2.33$1.84$1.76$2.09$2.30$3.13$2.89$2.95$3.01$2.26$1.68$1.69$2.10$1.17$0.71
Surprise %---------------1.05%0.70%0.90%0.71%0.84%0.82%1.15%0.89%1.00%1.10%1.07%0.92%1.03%2.23%1.06%

According to 4 Wall Street analysts, QUALCOMM's projected average Quarter EPS for Mar 24 is $2.33, with a low estimate of $2.33 and a high estimate of $2.33. This represents a -6.23% decrease compared to QCOM previous annual EPS of $2.48 (Dec 23).

QUALCOMM Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMDAdvanced Micro Devices$125.02$184.1347.28%Buy
NVDANVIDIA$130.39$168.5829.29%Buy
QCOMQUALCOMM$157.92$201.6727.70%Buy
MUMicron$108.60$138.1827.24%Buy
INTCIntel$20.44$23.0712.87%Hold
MRVLMarvell$112.25$103.14-8.12%Buy
AVGOBroadcom$240.23$209.11-12.95%Buy
TSMTaiwan Semiconductor Manufacturing Company$200.66$171.67-14.45%Buy

QCOM Forecast FAQ

Is QUALCOMM a good buy?

Yes, according to 26 Wall Street analysts, QUALCOMM (QCOM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 57.69% of QCOM's total ratings.

What is QCOM's price target?

QUALCOMM (QCOM) average price target is $201.67 with a range of $175 to $270, implying a 31.77% from its last price of $153.05. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will QUALCOMM stock go up soon?

According to Wall Street analysts' prediction for QCOM stock, the company can go up by 31.77% (from the last price of $153.05 to the average price target of $201.67), up by 76.41% based on the highest stock price target, and up by 14.34% based on the lowest stock price target.

Can QUALCOMM stock reach $200?

QCOM's average twelve months analyst stock price target of $201.67 supports the claim that QUALCOMM can reach $200 in the near future.

What are QUALCOMM's analysts' financial forecasts?

QUALCOMM's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $44.93B (high $47.51B, low $44.07B), average EBITDA is $14.88B (high $15.74B, low $14.6B), average net income is $13.79B (high $14.82B, low $13.44B), average SG&A $3.2B (high $3.38B, low $3.14B), and average EPS is $12.21 (high $13.12, low $11.91). QCOM's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $44.35B (high $46.89B, low $43.5B), average EBITDA is $14.69B (high $15.53B, low $14.41B), average net income is $14.02B (high $15.06B, low $13.66B), average SG&A $3.16B (high $3.34B, low $3.1B), and average EPS is $12.41 (high $13.34, low $12.1).

Did the QCOM's actual financial results beat the analysts' financial forecasts?

Based on QUALCOMM's last annual report (Sep 2023), the company's revenue was $35.82B, beating the average analysts forecast of $35.71B by 0.32%. Apple's EBITDA was $7.79B, missing the average prediction of $14.07B by -44.64%. The company's net income was $7.23B, missing the average estimation of $10.55B by -31.46%. Apple's SG&A was $2.48B, beating the average forecast of $2.45B by 1.45%. Lastly, the company's EPS was $6.47, missing the average prediction of $8.21 by -21.23%. In terms of the last quarterly report (Dec 2023), QUALCOMM's revenue was $9.94B, beating the average analysts' forecast of $9.51B by 4.46%. The company's EBITDA was $2.93B, missing the average prediction of $3.15B by -7.06%. QUALCOMM's net income was $2.77B, beating the average estimation of $2.68B by 3.42%. The company's SG&A was $627M, missing the average forecast of $677.36M by -7.43%. Lastly, the company's EPS was $2.48, beating the average prediction of $2.37 by 4.65%