QUALCOMM Stock Forecast

Stock Price Forecast

According to 37 analysts polled by S&P Global, QUALCOMM stock has a consensus rating of "Hold" and an average price target of $194.13. The average 1-year stock price forecast is 12.46% higher than the current stock price, while the lowest is $100 (-42.07%) and the highest is $400 (+131.72%).

Price Target: $194.13 (+12.46%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$100	$194.13	$175	$400
Change	-42.07%	+12.46%	+1.38%	+131.72%

Analyst Ratings

The average analyst rating for QUALCOMM stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	10	10	9	9	9	9
Buy	2	2	2	2	2	2
Hold	22	23	23	23	23	23
Sell	2	2	2	2	2	2
Strong Sell	3	1	1	1	1	1
Total	39	38	37	37	37	37

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jose Luis Pascual JLPascual	JLPascual	Hold Maintains $160	Hold	Maintains	$160	-7.31%	Sep 23, 2026
Stacy Rasgon Bernstein	Bernstein	Hold Reiterates $165	Hold	Reiterates	$165	-4.41%	Sep 22, 2026
Unknown Analyst StoneX No rating	StoneX	Buy Reiterates $270	Buy	Reiterates	$270	+56.41%	Sep 15, 2026
David O'Connor Piper Sandler	Piper Sandler	Hold Initiates $190	Hold	Initiates	$190	+10.07%	Sep 9, 2026
Srini Pajjuri RBC Capital	RBC Capital	Hold Maintains $160 → $180	Hold	Maintains	$160 → $180	+4.28%	Sep 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.88B

from 44.28B

-3.18%

from 44.28B

Revenue Next Year

44.91B

from 42.88B

4.75%

from 42.88B

EPS This Year

10.48

from 12.03

-12.85%

from 12.03

EPS Next Year

10.20

from 10.48

-2.74%

from 10.48

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 26, 2021	Sep 25, 2022	Sep 24, 2023	Sep 29, 2024	Sep 28, 2025	Sep 30, 2026
Revenue	33.57B	44.20B	35.82B	38.96B	44.28B	42.88B
Revenue Growth	42.65%	31.68%	-18.96%	8.77%	13.66%	-3.18%
Gross Profit	19.30B	25.57B	19.95B	21.90B	24.55B	23.26B
Gross Margin	57.51%	57.84%	55.70%	56.21%	55.43%	54.26%
Operating Income	9.79B	14.80B	8.65B	10.25B	12.39B	13.20B
Net Income	9.04B	12.94B	7.23B	10.14B	5.54B	13.73B
EPS	-	-	-	-	12.03	10.48
EPS Growth	-	-	-	-	17.71%	-12.85%
Forward PE	14.87	9.53	12.67	15.74	14.23	16.46
Dividend / Share	2.66	2.86	3.10	3.30	3.48	3.62
Dividend Growth	4.72%	7.52%	8.39%	6.45%	5.46%	4.08%
Free Cash Flow	-	-	-	-	12.82B	10.40B
No. Analysts	-	-	-	-	-	31

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	43.5B
Avg	42.9B
Low	41.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	-1.8%
Avg	-3.2%
Low	-7.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	10.61
Avg	10.48
Low	9.25

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-11.8%
Avg	-12.8%
Low	-23.1%