On May 1, 2025, Susquehanna analyst Christopher Rolland released an updated report on Qualcomm (QCOM, Financial), maintaining a 'Positive' rating on the stock. The analyst reaffirmed his confidence in the company despite the adjustment in the price target.
The recent analysis saw a downward revision of Qualcomm's (QCOM, Financial) price target from $210.00 to $190.00. This adjustment reflects a decrease of approximately 9.52%. Despite this change, the maintained 'Positive' rating indicates continued optimism about Qualcomm's (QCOM) future prospects.
Investors and market participants are closely watching Qualcomm (QCOM, Financial) to assess how this updated price target might influence the stock's performance in the coming months. The revised target continues to suggest potential upside from current levels, aligning with the analyst's sustained positive sentiment towards Qualcomm's (QCOM) business strategy and market position.
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 39.85% from the current price of $135.61. 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 23.21% from the current price of $135.605. 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.
