Qualcomm (QCOM, Financial) has received a noteworthy update from JP Morgan analyst Samik Chatterjee. On July 17, 2025, JP Morgan maintained its "Overweight" rating for Qualcomm, indicating continued confidence in the stock's performance.
In addition to maintaining the rating, JP Morgan raised its price target for Qualcomm (QCOM, Financial) from $185.00 to $190.00 USD. This represents a 2.70% increase from the prior target, reflecting positive sentiment towards Qualcomm's market outlook.
This update is part of JP Morgan's ongoing analysis of Qualcomm's potential, with the raised price target suggesting a favorable view on the stock's future valuation. Investors may find this revision significant as it highlights an increased expectation for Qualcomm's share price.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 29 analysts, the average target price for Qualcomm Inc (QCOM, Financial) is $176.23 with a high estimate of $225.00 and a low estimate of $140.00. The average target implies an upside of 15.03% from the current price of $153.20. 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 $160.62, suggesting a upside of 4.84% from the current price of $153.2. 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.
