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Qualcomm Inc has a consensus price target of $200.7 based on the ratings of 30 analysts. The high is $270 issued by Tigress Financial on June 21, 2024. The low is $125 issued by Daiwa Capital on August 9, 2023. The 3 most-recent analyst ratings were released by Melius Research, Susquehanna, and Cantor Fitzgerald on December 9, 2024, November 20, 2024, and November 20, 2024, respectively. With an average price target of $183.33 between Melius Research, Susquehanna, and Cantor Fitzgerald, there's an implied 17.75% upside for Qualcomm Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Qualcomm (NASDAQ:QCOM) was reported by Melius Research on December 9, 2024. The analyst firm set a price target for $180.00 expecting QCOM to rise to within 12 months (a possible 15.61% upside). 74 analyst firms have reported ratings in the last year.
The latest analyst rating for Qualcomm (NASDAQ:QCOM) was provided by Melius Research, and Qualcomm initiated their hold rating.
The last upgrade for Qualcomm Inc happened on January 12, 2024 when Citigroup raised their price target to $160. Citigroup previously had a neutral for Qualcomm Inc.
The last downgrade for Qualcomm Inc happened on October 8, 2024 when Keybanc changed their price target from N/A to N/A for Qualcomm Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Qualcomm, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Qualcomm was filed on December 9, 2024 so you should expect the next rating to be made available sometime around December 9, 2025.
While ratings are subjective and will change, the latest Qualcomm (QCOM) rating was a initiated with a price target of $0.00 to $180.00. The current price Qualcomm (QCOM) is trading at is $155.70, which is within the analyst’s predicted range.
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