QUALCOMM Incorporated (QCOM)
NASDAQ: QCOM · IEX Real-Time Price · USD
203.81
+3.65 (1.82%)
At close: Jul 3, 2024, 1:00 PM
203.69
-0.12 (-0.06%)
After-hours: Jul 3, 2024, 3:21 PM EDT
QUALCOMM Stock Forecast
Stock Price Forecast
The 24 analysts with 12-month price forecasts for QUALCOMM stock have an average target of 192.29, with a low estimate of 125 and a high estimate of 270. The average target predicts a decrease of -5.65% from the current stock price of 203.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for QUALCOMM stock from 25 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 5 | 5 | 6 | 8 | 10 |
| Buy | 11 | 10 | 10 | 10 | 8 | 8 |
| Hold | 5 | 6 | 5 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 22 | 21 | 23 | 23 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Tigress Financial | Tigress Financial | Strong Buy Maintains $238 → $270 | Strong Buy | Maintains | $238 → $270 | +32.48% | Jun 21, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $200 → $235 | Strong Buy | Maintains | $200 → $235 | +15.30% | Jun 4, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $180 → $240 | Strong Buy | Maintains | $180 → $240 | +17.76% | May 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $180 → $245 | Strong Buy | Maintains | $180 → $245 | +20.21% | May 31, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $180 → $205 | Strong Buy | Maintains | $180 → $205 | +0.58% | May 7, 2024 |
Financial Forecast
Revenue This Year
39.19B
from 35.82B
Increased by 9.39%
Revenue Next Year
43.18B
from 39.19B
Increased by 10.20%
EPS This Year
10.13
from 6.42
Increased by 57.75%
EPS Next Year
11.46
from 10.13
Increased by 13.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.4B | 46.8B | 50.9B |
| Avg | 39.2B | 43.2B | 46.0B |
| Low | 37.2B | 39.8B | 39.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.4% | 19.4% | 17.9% |
| Avg | 9.4% | 10.2% | 6.6% |
| Low | 3.8% | 1.7% | -8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.70 | 13.41 | 15.11 | 12.59 | 14.13 |
| Avg | 10.13 | 11.46 | 12.56 | 12.23 | 13.73 |
| Low | 9.24 | 10.33 | 10.70 | 11.75 | 13.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 66.7% | 32.4% | 31.9% | 0.2% | 15.6% |
| Avg | 57.7% | 13.1% | 9.7% | -2.7% | 12.3% |
| Low | 43.9% | 2.0% | -6.6% | -6.5% | 7.9% |
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.