QUALCOMM (QCOM) Stock Forecast & Price Target

$164.56 +3.13 (+1.94%)

As of 01/17/2025 04:00 PM Eastern

QUALCOMM - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Moderate Buy

Based on 30 Analyst Ratings

Sell
1

Hold
14

Buy
15

Based on 30 Wall Street analysts who have issued ratings for QUALCOMM in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 1 has given a sell rating, 14 have given a hold rating, 14 have given a buy rating, and 1 has given a strong buy rating for QCOM.

Consensus Price Target

$206.57
25.53% Upside

According to the 30 analysts' twelve-month price targets for QUALCOMM, the average price target is $206.57. The highest price target for QCOM is $270.00, while the lowest price target for QCOM is $160.00. The average price target represents a forecasted upside of 25.53% from the current price of $164.56.

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QCOM Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)
Hold	14 Hold rating(s)	14 Hold rating(s)	11 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$206.57	$208.00	$207.92	$143.95
Forecasted Upside	25.53% Upside	36.05% Upside	24.80% Upside	-5.83% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.50	2.68	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	25.53% Upside	255.31% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent QCOM News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/17/2025	Barclays 3 of 5 stars	Tom O'Malley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$200.00 ➝ $185.00	+14.60%
1/7/2025	Mizuho 2 of 5 stars		Lower Target	Outperform ➝ Outperform	$245.00 ➝ $215.00	+32.32%
12/9/2024	Melius Research 0 of 5 stars	B. Reitzes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$180.00	+12.85%
11/20/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$230.00 ➝ $210.00	+35.41%
11/20/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$160.00 ➝ $160.00	-2.86%
11/11/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Mobley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$180.00	+6.96%
11/7/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$207.00 ➝ $204.00	+18.14%
11/7/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $215.00	+24.01%
11/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$170.00 ➝ $175.00	+1.36%
11/7/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$185.00 ➝ $190.00	+10.05%
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.
11/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$190.00 ➝ $199.00	+8.93%
11/7/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$240.00 ➝ $240.00	+38.74%
11/5/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$210.00 ➝ $195.00	+17.43%
10/16/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$200.00 ➝ $185.00	+6.27%
10/8/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Vinh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Sector Weight
9/16/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Buchalter Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/12/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Caso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
8/2/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$210.00	+28.05%
8/1/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$155.00 ➝ $170.00	+4.42%
8/1/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$185.00 ➝ $205.00	+24.23%
8/1/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$240.00 ➝ $250.00	+38.16%
7/30/2024	Westpark Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Garrigan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
7/23/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $250.00	+28.22%
7/17/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	F. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
7/17/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$200.00	-4.60%
6/21/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$238.00 ➝ $270.00	+27.15%
5/31/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$180.00 ➝ $245.00	+19.63%
5/7/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kelleher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$180.00 ➝ $205.00	+12.03%
5/2/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$180.00 ➝ $206.00	+14.24%
3/1/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
2/3/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$150.00 ➝ $165.00	+24.53%
2/3/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$165.00 ➝ $155.00	+14.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:36 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 Friday, January 10, 2025. 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 reported earnings per share of $2.26 for the latest quarter, exceeding analysts' expectations of $2.01, indicating strong financial performance and effective management.
The company achieved a revenue of $10.24 billion, surpassing analyst estimates of $9.90 billion, showcasing robust demand for its products and services.
With a return on equity of 38.81%, QUALCOMM Incorporated demonstrates efficient use of shareholders' equity to generate profits, which is a positive indicator for potential investors.
The current stock price is approximately $155.00, reflecting a strong market position and potential for growth, especially given the positive earnings report.
QUALCOMM Incorporated has a dividend yield of 2.21% with a quarterly dividend of $0.85 per share, providing investors with a steady income stream in addition to potential capital appreciation.

QUALCOMM
Bear Case

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

Insider selling has been notable, with executives selling a total of 26,882 shares worth over $4 million in recent months, which may signal a lack of confidence in the company's short-term prospects.
Despite strong earnings, analysts have mixed ratings on the stock, with one sell rating and a consensus rating of "Moderate Buy," indicating some uncertainty in future performance.
Recent price target adjustments by analysts, such as Mizuho lowering their target from $245.00 to $215.00, suggest that there may be concerns about the stock's valuation and future growth potential.
QUALCOMM Incorporated's dividend payout ratio is 37.82%, which, while sustainable, may limit the company's ability to reinvest in growth opportunities compared to competitors with lower payout ratios.
With 74.35% of the stock owned by hedge funds and institutional investors, there may be less room for retail investors to influence the stock's performance, potentially leading to volatility based on institutional trading decisions.

QCOM Forecast - Frequently Asked Questions

: According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for QUALCOMM is $206.57, with a high forecast of $270.00 and a low forecast of $160.00.
: 30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last twelve months. There is currently 1 sell rating, 14 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" QCOM shares.
: According to analysts, QUALCOMM's stock has a predicted upside of 25.53% based on their 12-month stock forecasts.
: QUALCOMM has been rated by research analysts at Barclays, Benchmark, Cantor Fitzgerald, Evercore ISI, JPMorgan Chase & Co., Loop Capital, Melius, Melius Research, Mizuho, Morgan Stanley, Sanford C. Bernstein, Susquehanna, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like QUALCOMM less than other "computer and technology" companies. The consensus rating score for QUALCOMM is 2.50 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how QCOM compares to other companies.

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This page (NASDAQ:QCOM) was last updated on 1/21/2025 by MarketBeat.com Staff

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QUALCOMM (QCOM) Stock Forecast & Price Target