On May 2, 2025, leading semiconductor firm Qualcomm (QCOM, Financial), known for its innovations in wireless technology and mobile processing, saw a revision in its stock price target by Evercore ISI Group. Notably, the analyst Mark Lipacis has maintained his "In-Line" rating on Qualcomm.
The recent adjustment from Evercore ISI involves lowering the stock's price target from the previous $179.00 to $157.00. This represents a 12.29% decrease in the target price, reflecting updated analyses and market conditions. Despite this adjustment, the "In-Line" rating remains consistent with Lipacis's previous guidance.
Investors in Qualcomm (QCOM, Financial) may find this change significant as it provides insights into the firm's perceived market position against fluctuating industry dynamics.
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 $184.19 with a high estimate of $270.00 and a low estimate of $140.00. The average target implies an upside of 32.61% from the current price of $138.90. 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 $162.36, suggesting a upside of 16.89% from the current price of $138.895. 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.
