QUALCOMM Incorporated (QCOM)

QUALCOMM Stock Forecast

Stock Price Forecast

The 25 analysts that cover QUALCOMM stock have a consensus rating of "Buy" and an average price target of $183.19, which forecasts a 13.02% increase in the stock price over the next year. The lowest target is $140 and the highest is $225.

Price Target: $183.19 (+13.02%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$140	$183.19	$185	$225
Change	-13.62%	+13.02%	+14.14%	+38.82%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	7	7	8	6	5	4
Buy	7	7	7	7	7	7
Hold	13	13	13	14	14	13
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	28	28	29	28	27	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $190 → $200	Buy	Maintains	$190 → $200	+23.40%	Jul 28, 2025
Timothy Arcuri UBS	UBS	Hold Maintains $145 → $165	Hold	Maintains	$145 → $165	+1.80%	Jul 21, 2025
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $185 → $190	Buy	Maintains	$185 → $190	+17.23%	Jul 17, 2025
Christopher Danely Citigroup	Citigroup	Hold Maintains $145 → $170	Hold	Maintains	$145 → $170	+4.89%	Jul 7, 2025
Tal Liani B of A Securities	B of A Securities	Strong Buy Maintains $245 → $200	Strong Buy	Maintains	$245 → $200	+23.40%	Jun 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

44.34B

Increased by 13.80%

from 38.96B

Revenue Next Year

45.01B

Increased by 1.51%

from 44.34B

EPS This Year

12.00

Increased by 33.82%

from 8.97

EPS Next Year

12.19

Increased by 1.56%

from 12.00

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 27, 2020	Sep 26, 2021	Sep 25, 2022	Sep 24, 2023	Sep 29, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	23.53B	33.57B	44.20B	35.82B	38.96B	44.34B	45.01B	46.19B
Revenue Growth	-3.06%	42.65%	31.68%	-18.96%	8.77%	13.80%	1.51%	2.63%
EPS	4.52	7.87	11.37	6.42	8.97	12.00	12.19	12.41
EPS Growth	25.91%	74.12%	44.42%	-43.47%	39.59%	33.82%	1.56%	1.81%
Forward PE	-	-	-	-	-	13.51	13.30	13.06
No. Analysts	-	-	-	-	-	40	40	21

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	46.4B	49.4B	51.5B
Avg	44.3B	45.0B	46.2B
Low	41.8B	39.2B	40.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.1%	11.5%	14.3%
Avg	13.8%	1.5%	2.6%
Low	7.3%	-11.5%	-9.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.71	14.70	14.41
Avg	12.00	12.19	12.41
Low	11.24	10.52	10.78

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	41.7%	22.5%	18.2%
Avg	33.8%	1.6%	1.8%
Low	25.3%	-12.4%	-11.6%

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.