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NASDAQ: QCOM
Qualcomm Inc Stock Forecast, Predictions & Price Target

Analyst price target for QCOM

Based on 20 analysts offering 12 month price targets for Qualcomm Inc.
Min Forecast
$140.00-23.11%
Avg Forecast
$186.00+2.15%
Max Forecast
$206.00+13.14%

Should I buy or sell QCOM stock?

Based on 20 analysts offering ratings for Qualcomm Inc.
Buy
Strong Buy
12 analysts 60%
Buy
2 analysts 10%
Hold
5 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 5%

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QCOM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-07Find Out Why
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-02
lockedlocked$00.00+00.00%2024-05-02
lockedlocked$00.00+00.00%2024-05-02
Piper Sandler
Top 2%
99
Strong BuyMaintains$185.00+1.60%2024-05-02
Cantor Fitzgerald
Top 3%
98
HoldReiterates$190.00+4.35%2024-05-02
JP Morgan
Top 7%
94
Strong BuyMaintains$185.00+1.60%2024-05-02
Wells Fargo
Top 10%
91
Strong SellMaintains$140.00-23.11%2024-05-02
UBS
Top 2%
99
HoldMaintains$175.00-3.89%2024-05-02

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Forecast return on equity

Is QCOM forecast to generate an efficient return?
Company
N/A
Industry
0.71%
Market
19.67%

Forecast return on assets

Is QCOM forecast to generate an efficient return on assets?
Company
N/A
Industry
0.32%

QCOM revenue forecast

What is QCOM's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$38.1B+4.74%
Avg 2 year Forecast
$41.6B+14.3%
Avg 3 year Forecast
$45.7B+25.46%
QCOM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

QCOM earnings growth forecast

How is QCOM forecast to perform vs Semiconductors companies and vs the US market?
Company
53.3%
Industry
27.33%
Market
22.7%
QCOM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
QCOM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
QCOM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

QCOM revenue growth forecast

How is QCOM forecast to perform vs Semiconductors companies and vs the US market?
Company
7.13%
Industry
28.26%
Market
9.04%
QCOM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
QCOM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

QCOM vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
QCOM$182.08$186.00+2.15%Buy
TXN$187.05$183.25-2.03%Buy
AMD$151.92$196.96+29.65%Strong Buy
MU$121.24$130.27+7.45%Strong Buy
INTC$29.85$40.15+34.51%Hold

Qualcomm Stock Forecast FAQ

Is Qualcomm Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: QCOM) stock is to Buy QCOM stock.

Out of 20 analysts, 12 (60%) are recommending QCOM as a Strong Buy, 2 (10%) are recommending QCOM as a Buy, 5 (25%) are recommending QCOM as a Hold, 0 (0%) are recommending QCOM as a Sell, and 1 (5%) are recommending QCOM as a Strong Sell.

If you're new to stock investing, here's how to buy Qualcomm stock.

What is QCOM's revenue growth forecast for 2024-2026?

(NASDAQ: QCOM) Qualcomm's forecast annual revenue growth rate of 7.13% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 28.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.04%.

Qualcomm's revenue in 2024 is $36,406,000,000.On average, 7 Wall Street analysts forecast QCOM's revenue for 2024 to be $42,554,279,700,000, with the lowest QCOM revenue forecast at $41,921,535,600,000, and the highest QCOM revenue forecast at $42,843,240,000,000. On average, 7 Wall Street analysts forecast QCOM's revenue for 2025 to be $46,437,311,304,000, with the lowest QCOM revenue forecast at $44,602,803,720,000, and the highest QCOM revenue forecast at $47,596,451,400,000.

In 2026, QCOM is forecast to generate $50,974,567,776,000 in revenue, with the lowest revenue forecast at $48,633,438,600,000 and the highest revenue forecast at $55,735,283,160,000.

What is QCOM's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: QCOM) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 0.32%.

What is QCOM's Price Target?

According to 20 Wall Street analysts that have issued a 1 year QCOM price target, the average QCOM price target is $186.00, with the highest QCOM stock price forecast at $206.00 and the lowest QCOM stock price forecast at $140.00.

On average, Wall Street analysts predict that Qualcomm's share price could reach $186.00 by May 7, 2025. The average Qualcomm stock price prediction forecasts a potential upside of 2.15% from the current QCOM share price of $182.08.

What is QCOM's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: QCOM) forecast ROE is N/A, which is considered weak.
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