QUALCOMM Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for QUALCOMM stock have an average target of 170.89, with a low estimate of 132 and a high estimate of 216. The average target predicts an increase of 20.04% from the current stock price of 142.36.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$132	$170.89	$175	$216
Change	-7.28%	+20.04%	+22.93%	+51.73%

Analyst Ratings

The average analyst rating for QUALCOMM stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	4	4	4	4	6
Buy	7	7	7	7	4	4
Hold	13	9	9	9	8	9
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	25	21	21	21	17	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gary Mobley Loop Capital	Loop Capital	Hold → Strong Buy Upgrades $185	Hold → Strong Buy	Upgrades	$185	+29.95%	Feb 24, 2026
Aaron Rakers Wells Fargo	Wells Fargo	Sell → Hold Upgrades $135 → $150	Sell → Hold	Upgrades	$135 → $150	+5.37%	Feb 24, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Sell Initiates $132	Sell	Initiates	$132	-7.28%	Feb 10, 2026
Jim Kelleher Argus Research	Argus Research	Strong Buy Maintains $205 → $180	Strong Buy	Maintains	$205 → $180	+26.44%	Feb 6, 2026
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $195 → $185	Buy	Maintains	$195 → $185	+29.95%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

44.68B

from 44.28B

0.90%

from 44.28B

Revenue Next Year

45.03B

from 44.68B

0.77%

from 44.68B

EPS This Year

12.23

from 5.01

144.04%

from 5.01

EPS Next Year

12.49

from 12.23

2.20%

from 12.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 26, 2021	Sep 25, 2022	Sep 24, 2023	Sep 29, 2024	Sep 28, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	33.57B	44.20B	35.82B	38.96B	44.28B	44.68B	45.03B
Revenue Growth	42.65%	31.68%	-18.96%	8.77%	13.66%	0.90%	0.77%
EPS	7.87	11.37	6.42	8.97	5.01	12.23	12.49
EPS Growth	74.12%	44.42%	-43.47%	39.59%	-44.14%	144.04%	2.20%
Forward PE	-	-	-	-	-	11.64	11.39
No. Analysts	-	-	-	-	-	39	38

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	49.0B	49.7B
Avg	44.7B	45.0B
Low	42.0B	40.6B

Revenue Growth

Revenue Growth	2026	2027
High	10.6%	11.3%
Avg	0.9%	0.8%
Low	-5.1%	-9.1%

EPS Forecast

EPS	2026	2027
High	13.91	15.52
Avg	12.23	12.49
Low	10.16	9.67

EPS Growth

EPS Growth	2026	2027
High	177.7%	26.9%
Avg	144.0%	2.2%
Low	102.8%	-20.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.