QUALCOMM Incorporated (QCOM)

QUALCOMM Stock Forecast

Stock Price Forecast

According to 24 professional analysts, the 12-month price target for QUALCOMM stock ranges from a low of $140 to a high of $270. The average analyst price target of $190.92 forecasts a 28.70% increase in the stock price over the next year.

Price Target: $190.92 (+28.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$140	$190.92	$190	$270
Change	-5.62%	+28.70%	+28.08%	+82.01%

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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	8	7	7	7	8	6
Buy	6	7	7	7	7	7
Hold	12	12	13	13	13	14
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	27	27	28	28	29	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay Goldberg Seaport Global	Seaport Global	Hold Initiates n/a	Hold	Initiates	n/a	n/a	May 9, 2025
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Hold Maintains $179 → $157	Hold	Maintains	$179 → $157	+5.84%	May 2, 2025
Gary Mobley Loop Capital	Loop Capital	Hold Maintains $180 → $155	Hold	Maintains	$180 → $155	+4.49%	May 1, 2025
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $150	Hold	Maintains	$150	+1.12%	May 1, 2025
Aaron Rakers Wells Fargo	Wells Fargo	Sell Maintains $175 → $140	Sell	Maintains	$175 → $140	-5.62%	May 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

44.34B

Increased by 13.79%

from 38.96B

Revenue Next Year

44.92B

Increased by 1.33%

from 44.34B

EPS This Year

12.01

Increased by 33.88%

from 8.97

EPS Next Year

12.17

Increased by 1.32%

from 12.01

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	44.92B	46.17B
Revenue Growth	-3.06%	42.65%	31.68%	-18.96%	8.77%	13.79%	1.33%	2.78%
EPS	4.52	7.87	11.37	6.42	8.97	12.01	12.17	12.39
EPS Growth	25.91%	74.12%	44.42%	-43.47%	39.59%	33.88%	1.32%	1.88%
Forward PE	-	-	-	-	-	12.35	12.19	11.97
No. Analysts	-	-	-	-	-	41	41	22

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	44.9B	46.2B
Low	41.8B	39.2B	40.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.1%	11.5%	14.5%
Avg	13.8%	1.3%	2.8%
Low	7.3%	-11.5%	-9.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.71	14.70	14.41
Avg	12.01	12.17	12.39
Low	11.24	10.52	10.78

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	41.7%	22.4%	18.4%
Avg	33.9%	1.3%	1.9%
Low	25.3%	-12.4%	-11.4%

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.