QUALCOMM Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, QUALCOMM stock has a consensus rating of "Hold" and an average price target of $180.48. The average 1-year stock price forecast is 18.47% lower than the current stock price, while the lowest is $100 (-54.83%) and the highest is $300 (+35.52%).

Price Target: $180.48 (-18.47%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$100	$180.48	$165	$300
Change	-54.83%	-18.47%	-25.46%	+35.52%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	11	10	8	10	10	10
Buy	4	3	3	1	2	2
Hold	20	23	22	22	22	22
Sell	0	0	1	2	2	3
Strong Sell	1	1	2	2	3	2
Total	36	37	36	37	39	39

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Rakers Wells Fargo	Wells Fargo	Hold Reiterates $160 → $230	Hold	Reiterates	$160 → $230	+3.90%	Jun 12, 2026
Vivek Arya Bank of America Securities	Bank of America Securities	Sell Reiterates $165	Sell	Reiterates	$165	-25.46%	Jun 11, 2026
Stacy Rasgon Bernstein	Bernstein	Hold Maintains $140	Hold	Maintains	$140	-36.76%	Jun 8, 2026
Samik Chatterjee J.P. Morgan	J.P. Morgan	Hold Maintains $160 → $265	Hold	Maintains	$160 → $265	+19.71%	Jun 5, 2026
Mark Lipacis Evercore ISI	Evercore ISI	Hold Maintains $179	Hold	Maintains	$179	-19.14%	Jun 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.45B

from 44.28B

-4.15%

from 44.28B

Revenue Next Year

42.51B

from 42.45B

0.15%

from 42.45B

EPS This Year

10.80

from 12.03

-10.26%

from 12.03

EPS Next Year

10.67

from 10.80

-1.20%

from 10.80

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	42.45B
Revenue Growth	42.65%	31.68%	-18.96%	8.77%	13.66%	-4.15%
Gross Profit	19.30B	25.57B	19.95B	21.90B	24.55B	23.38B
Gross Margin	57.51%	57.84%	55.70%	56.21%	55.43%	55.08%
Operating Income	9.79B	14.80B	8.65B	10.25B	12.39B	13.31B
Net Income	9.04B	12.94B	7.23B	10.14B	5.54B	13.62B
EPS	-	-	-	-	12.03	10.80
EPS Growth	-	-	-	-	17.71%	-10.26%
Forward PE	14.87	9.53	12.67	15.74	14.23	20.50
Dividend / Share	2.66	2.86	3.10	3.30	3.48	3.62
Dividend Growth	-	7.52%	8.39%	6.45%	5.45%	4.10%
Free Cash Flow	8.52B	3.86B	9.82B	8.92B	6.86B	11.91B
No. Analysts	-	-	-	-	-	33

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

Revenue Forecast

Revenue	2026	2027	2028
High	44.5B
Avg	42.4B
Low	41.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	0.6%
Avg	-4.1%
Low	-6.3%

EPS Forecast

EPS	2026	2027	2028
High	12.29
Avg	10.80
Low	10.47

EPS Growth

EPS Growth	2026	2027	2028
High	2.2%
Avg	-10.3%
Low	-13.0%