On July 7, 2025, Citigroup analyst Christopher Danely made a notable update regarding Qualcomm (QCOM, Financial). The analyst maintained a "Neutral" rating for the stock, while simultaneously raising its price target. The new price target set for QCOM is $170.00 USD, a significant increase from the previous target of $145.00 USD.
This adjustment represents a 17.24% increase in the price target for Qualcomm, highlighting a positive outlook despite the maintained "Neutral" rating. Investors may find this price target revision significant as it suggests potential appreciation in the value of QCOM. However, the "Neutral" rating indicates that the stock is expected to perform in line with the market.
Qualcomm continues to be a key player in the semiconductor industry, and this updated price target by Citigroup implies confidence in its future performance. Stakeholders are encouraged to monitor any further updates and market conditions that might influence Qualcomm's (QCOM, Financial) stock price.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for Qualcomm Inc (QCOM, Financial) is $173.96 with a high estimate of $225.00 and a low estimate of $140.00. The average target implies an upside of 10.00% from the current price of $158.14. More detailed estimate data can be found on the Qualcomm Inc (QCOM) Forecast page.
Based on the consensus recommendation from 42 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 $160.62, suggesting a upside of 1.57% from the current price of $158.14. 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.
