QUALCOMM Incorporated (QCOM)
NASDAQ: QCOM · Real-Time Price · USD
152.89
+2.49 (1.66%)
At close: Dec 20, 2024, 4:00 PM
155.70
+2.81 (1.84%)
After-hours: Dec 20, 2024, 7:58 PM EST
QUALCOMM Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for QUALCOMM stock have an average target of 208.92, with a low estimate of 160 and a high estimate of 270. The average target predicts an increase of 36.65% from the current stock price of 152.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for QUALCOMM stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 8 | 8 |
| Buy | 8 | 6 | 6 | 5 | 6 | 6 |
| Hold | 8 | 9 | 9 | 10 | 11 | 12 |
| Sell | 1 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 26 | 26 | 26 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Melius Research | Melius Research | Hold Initiates $180 | Hold | Initiates | $180 | +17.73% | Dec 9, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $230 → $210 | Buy | Maintains | $230 → $210 | +37.35% | Nov 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $160 | Hold | Reiterates | $160 | +4.65% | Nov 20, 2024 |
| Loop Capital | Loop Capital | Hold Initiates $180 | Hold | Initiates | $180 | +17.73% | Nov 11, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $207 → $204 | Hold | Maintains | $207 → $204 | +33.43% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
43.23B
from 38.96B
Increased by 10.95%
Revenue Next Year
46.15B
from 43.23B
Increased by 6.75%
EPS This Year
11.42
from 8.97
Increased by 27.30%
EPS Next Year
12.44
from 11.42
Increased by 8.92%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 45.3B | 52.2B | 53.9B |
| Avg | 43.2B | 46.1B | 48.0B |
| Low | 40.2B | 40.3B | 40.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 16.3% | 20.8% | 16.7% |
| Avg | 11.0% | 6.7% | 4.1% |
| Low | 3.2% | -6.8% | -11.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.75 | 14.11 | 16.91 | ||
| Avg | 11.42 | 12.44 | 12.69 | ||
| Low | 10.07 | 10.64 | 10.24 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 42.1% | 23.6% | 35.9% | ||
| Avg | 27.3% | 8.9% | 2.0% | ||
| Low | 12.3% | -6.8% | -17.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.