QUALCOMM Incorporated (QCOM)

QUALCOMM Stock Forecast

Stock Price Forecast

The 20 analysts that cover QUALCOMM stock have a consensus rating of "Buy" and an average price target of $183.1, which forecasts a 9.90% increase in the stock price over the next year. The lowest target is $140 and the highest is $225.

Price Target: $183.1 (+9.90%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$140	$183.1	$185	$225
Change	-15.97%	+9.90%	+11.04%	+35.05%

* Price targets were last updated on Jul 31, 2025.

Analyst Ratings

The average analyst rating for QUALCOMM stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	8	6	5	4	4	4
Buy	7	7	7	7	7	7
Hold	13	14	14	13	13	10
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	29	28	27	25	25	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harsh Kumar Piper Sandler	Piper Sandler	Buy Maintains $190 → $175	Buy	Maintains	$190 → $175	+5.04%	Jul 31, 2025
Kevin Cassidy Rosenblatt	Rosenblatt	Strong Buy Maintains $225	Strong Buy	Maintains	$225	+35.05%	Jul 31, 2025
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $190 → $200	Buy	Maintains	$190 → $200	+20.05%	Jul 28, 2025
Timothy Arcuri UBS	UBS	Hold Maintains $145 → $165	Hold	Maintains	$145 → $165	-0.96%	Jul 21, 2025
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $185 → $190	Buy	Maintains	$185 → $190	+14.05%	Jul 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

44.49B

Increased by 14.18%

from 38.96B

Revenue Next Year

45.28B

Increased by 1.79%

from 44.49B

EPS This Year

12.13

Increased by 35.23%

from 8.97

EPS Next Year

12.32

Increased by 1.58%

from 12.13

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 27, 2020	Sep 26, 2021	Sep 25, 2022	Sep 24, 2023	Sep 29, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	23.53B	33.57B	44.20B	35.82B	38.96B	44.49B	45.28B
Revenue Growth	-3.06%	42.65%	31.68%	-18.96%	8.77%	14.18%	1.79%
EPS	4.52	7.87	11.37	6.42	8.97	12.13	12.32
EPS Growth	25.91%	74.12%	44.42%	-43.47%	39.59%	35.23%	1.58%
Forward PE	-	-	-	-	-	13.74	13.52
No. Analysts	-	-	-	-	-	41	41

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	46.4B	49.3B
Avg	44.5B	45.3B
Low	42.5B	41.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.1%	10.8%
Avg	14.2%	1.8%
Low	9.0%	-7.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.57	14.70
Avg	12.13	12.32
Low	11.59	10.83

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	40.1%	21.2%
Avg	35.2%	1.6%
Low	29.3%	-10.7%

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.