QUALCOMM Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, QUALCOMM stock has a consensus rating of "Hold" and an average price target of $221.23. The average 1-year stock price forecast is 32.50% higher than the current stock price, while the lowest is $100 (-40.11%) and the highest is $314 (+88.06%).

Price Target: $221.23 (+32.50%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$100	$221.23	$222.5	$314
Change	-40.11%	+32.50%	+33.26%	+88.06%

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	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	10	8	10	10	10	9
Buy	3	3	1	2	2	2
Hold	23	22	22	22	22	22
Sell	0	1	2	2	2	2
Strong Sell	1	2	2	3	1	1
Total	37	36	37	39	37	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Frank Lee CFA HSBC	HSBC	Hold Maintains $155 → $180	Hold	Maintains	$155 → $180	+7.80%	Jul 15, 2026
Joshua Buchalter TD Cowen	TD Cowen	Buy Maintains $200 → $225	Buy	Maintains	$200 → $225	+34.75%	Jul 13, 2026
James Schneider Goldman Sachs	Goldman Sachs	Hold Maintains $145 → $180	Hold	Maintains	$145 → $180	+7.80%	Jul 6, 2026
Cody Acree Benchmark Co.	Benchmark Co.	Buy Reiterates $300	Buy	Reiterates	$300	+79.67%	Jul 6, 2026
Atif Malik Citi	Citi	Hold Maintains $198	Hold	Maintains	$198	+18.58%	Jul 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.58B

from 44.28B

-3.86%

from 44.28B

Revenue Next Year

44.09B

from 42.58B

3.55%

from 42.58B

EPS This Year

10.81

from 12.03

-10.14%

from 12.03

EPS Next Year

10.97

from 10.81

1.51%

from 10.81

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	42.58B
Revenue Growth	42.65%	31.68%	-18.96%	8.77%	13.66%	-3.86%
Gross Profit	19.30B	25.57B	19.95B	21.90B	24.55B	23.45B
Gross Margin	57.51%	57.84%	55.70%	56.21%	55.43%	55.07%
Operating Income	9.79B	14.80B	8.65B	10.25B	12.39B	13.36B
Net Income	9.04B	12.94B	7.23B	10.14B	5.54B	13.66B
EPS	-	-	-	-	12.03	10.81
EPS Growth	-	-	-	-	17.71%	-10.14%
Forward PE	14.87	9.53	12.67	15.74	14.23	15.45
Dividend / Share	2.66	2.86	3.10	3.30	3.48	3.62
Dividend Growth	-	7.52%	8.39%	6.45%	5.45%	4.04%
Free Cash Flow	8.52B	3.86B	9.82B	8.92B	6.86B	11.67B
No. Analysts	-	-	-	-	-	31

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	44.5B
Avg	42.6B
Low	41.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	0.6%
Avg	-3.9%
Low	-5.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	11.79
Avg	10.81
Low	10.41

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-2.0%
Avg	-10.1%
Low	-13.5%