On May 1, 2025, Qualcomm (QCOM, Financial) saw a revision in its price target by Baird, an influential research and analytics firm. The analyst Tristan Gerra has maintained the "Outperform" rating for Qualcomm (QCOM) while adjusting the price target downwards.
The new price target for Qualcomm (QCOM, Financial) has been set at $216.00 USD, a decrease from the previous price target of $250.00 USD. This adjustment represents a -13.60% change in the price target, reflecting updated market conditions and expectations.
Baird's decision to maintain the "Outperform" rating suggests confidence in Qualcomm's (QCOM, Financial) continued strong performance in the market, despite the revised price target. Investors in Qualcomm can take note of these adjustments as part of their strategic decision-making process.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Qualcomm Inc (QCOM, Financial) is $189.64 with a high estimate of $270.00 and a low estimate of $140.00. The average target implies an upside of 39.24% from the current price of $136.20. More detailed estimate data can be found on the Qualcomm Inc (QCOM) Forecast page.
Based on the consensus recommendation from 41 brokerage firms, Qualcomm Inc's (QCOM, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Qualcomm Inc (QCOM, Financial) in one year is $167.08, suggesting a upside of 22.67% from the current price of $136.2. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Qualcomm Inc (QCOM) Summary page.
