Qualcomm Stock Price Prediction: 2025, 2026, 2030

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Contributor, Benzinga
September 17, 2025

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Qualcomm (NASDAQ: QCOM), a leading force in wireless semiconductors and 5G mobile technology, is once again in the spotlight as global demand for connected devices and next-generation chipsets surges. With its deep industry partnerships, patent portfolio, and exposure to trends driven by artificial intelligence (AI), Qualcomm is drawing renewed attention from both institutional and retail investors. 

This article examines QCOM’s current price, analyzes algorithmic forecasts for 2025, 2026, and 2030, and outlines the latest analyst sentiment to help define the risk and opportunity facing the stock over the next decade.

Current Qualcomm Stock Overview

  • Market Cap: $176.91 billion
  • Trailing P/E Ratio: 15.83
  • Forward P/E Ratio: 13.57
  • 1-Year Return: -2.70%
  • 2025 YTD: +6.83%

At $164 per share as of September 2025, Qualcomm is trading near the middle of its multi-year range, with pronounced swings tied to industry news and chip market cycles. The stock’s intermediate performance closely shadows major semiconductor indices, as investors weigh growth prospects against margin pressures and competitive threats.

Qualcomm has posted solid returns as demand for 5G, the internet of things (IoT), and AI-powered devices remains robust globally. Strategic design wins with leading device manufacturers, software integration partnerships, and consistent royalty revenue from its patent portfolio continue to make the company a bellwether for broader technology adoption. Still, its share price has suffered bouts of volatility, reflecting shifting global supply chain dynamics, cyclical smartphone demand, and macroeconomic sensitivity.

Recent analyst sentiment from Benzinga highlights these crosswinds. Qualcomm holds a consensus price target of 188.42, averaged across 38 analysts, with a wide spread. The highest forecast is $270 (Tigress Financial) while the lowest is $140 (Wells Fargo). The three most-recent ratings from Piper Sandler, Rosenblatt, and JP Morgan suggest a near-term average target of $200, indicating a neutral to slightly positive outlook with 21.85% implied upside relative to the prevailing price.

Quick Snapshot Table of Predictions

YearLowest Prediction ($)Average Prediction ($)Maximum Prediction ($)
2025153.75197.20230.33
2026131.30173.47234.20
2027127.32148.50181.43
2028168.92212.20281.41
2029159.25205.66281.06
2030159.94210.87285.79

The forecast range in this table is based on algorithmic projections provided by CoinCodex. These models use historical price trends, volatility patterns, and moving averages to estimate future stock prices over multiple time horizons.

Bear & Bull Case

Qualcomm’s future is shaped by its leadership in mobile, AI, and next-generation hardware, yet the company operates within an industry marked by pronounced cycles and competitive challenges. The following scenarios outline what could drive shares higher or limit their upside, informed by analyst commentary and long-term sector analysis.

Bull Case

  • Continued smartphone and 5G chipset design wins drive revenue growth and extend Qualcomm’s platform leadership.
  • Expansion into automotive and IoT segments opens new high-margin markets beyond mobile, increasing diversification.
  • Patent licensing revenues remain resilient, supported by global device adoption and strong IP enforcement.
  • On-device AI demand and edge computing accelerate, boosting premium chip sales and reinforcing pricing power.
  • International partnerships and emerging market penetration solidify Qualcomm’s relevance in the next tech cycle.

Bear Case

  • The chip sector faces another cyclical downturn, with inventory corrections and weaker handset replacement rates reducing Qualcomm’s top line.
  • Heightened competition in processors and connectivity (from companies like MediaTek and Apple) exerts pressure on margins.
  • Regulatory actions or trade policy shifts, especially in pivotal markets like China, introduce top-line and supply chain risk.
  • Slower adoption of premium devices or delays in AI/5G infrastructure put a cap on near-term hardware volumes.
  • Ongoing litigation or IP disputes risk disrupting the company’s substantial royalty streams.

Qualcomm Stock Price Prediction for 2025

Forecast Range: $154 – $230

CoinCodex projects Qualcomm shares could rise to as high as $230 by 2025, with an average price estimate of $197, though most forecasts fall in the range of about $154. The upside scenario envisions Qualcomm capitalizing on 5G, AI edge computing, and licensing tailwinds, while lower outcomes might reflect global demand fluctuations or competitive pricing.

Qualcomm Stock Price Prediction for 2026

Forecast Range: $131 – $234

For 2026, CoinCodex expects a price range of $131 to $234, with a mean forecast of $173. This reflects expectations for gradual margin improvement as next-generation chip demand stabilizes, device diversification matures, and regulatory uncertainties are resolved. Bear scenarios consider further macro headwinds or stiffer competition.

Qualcomm Stock Price Prediction for 2030

Forecast Range: $156 – $286

Long-term, CoinCodex modeling suggests average prices around $211 by 2030, with optimistic cases stretching toward $286. These projections are premised on successful platform leadership in 5G, AI, and new high-performance markets, offset by the caveat that rapid sector change or tech disruption could cap near-term upside.

Investment Considerations

Qualcomm remains appealing for investors aiming to benefit from megatrends in next-generation connectivity, semiconductor miniaturization, and AI-driven device proliferation. The company’s place at the heart of 5G rollout and rapid hardware innovation continues to draw both strategic and individual investors. Institutional ownership data confirms that major investment funds and ETFs have consistently maintained large holdings in Qualcomm, citing its long track record of sector leadership and valuable royalty streams derived from its global patent portfolio.

Retail participation in Qualcomm shares is also notable, driven by public enthusiasm around AI, IoT, and the continued expansion of connected devices. As technology headlines highlight Qualcomm’s role in mobile platform upgrades and edge computing breakthroughs, more individual investors have sought longer-term exposure to the “hardware picks and shovels” of the digital age. Industry analysts frequently point out that the company benefits from both cyclical upswings in mobile demand and secular trends in tech integration.

Still, investing in Qualcomm isn’t without risks. Analyst coverage on Benzinga highlights sector cyclicality, regulatory uncertainty (especially in major markets like China), and the rising pace of competitive disruption from global chipmakers as the main caution points. Tightening export controls, unpredictable supply chains, or litigation over patents could impact both revenue and long-term investor returns, keeping the risk/reward profile dynamic as Qualcomm and its sector evolve.

Frequently Asked Questions 

Q

Is Qualcomm stock a buy or hold in 2025?

A

According to Benzinga, most analysts offer a neutral to modestly bullish outlook, with a wide range of targets and a consensus close to current levels.

 

Q

What is the long-term price forecast for Qualcomm?

A

CoinCodex projects an average of $211 by 2030, with a bullish case up to $286 as 5G and AI continue to drive hardware demand.

 

 

Q

What risks should Qualcomm investors watch?

A

Key risks include sector cyclicality, intense competition, regulatory changes, and volatile end-market demand.

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