Rating
Sell
Price target
$135
Previous
$165
Implied downside
-9%

Wells Fargo analyst Aaron Rakers lowered the price target on Qualcomm (NASDAQ: QCOM) to $135.00 (from $165.00) while maintaining an Underweight rating.

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Previous notes from Wells Fargo on Qualcomm

Wells Fargo Hold ReiterateJul 30, 2026 from $265

Other Qualcomm notes

Piper SandlerHold Initiate · Sep 10, 2026 $190maintained KeyBancHold Reiterate · Sep 9, 2026 $160maintained RBC CapitalHold Raises target · Sep 9, 2026 $180from $160 BernsteinHold Reiterate · Sep 9, 2026 $165maintained BarclaysSell Reiterate · Sep 9, 2026 $180maintained

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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.