Tigress Financial Raises Qualcomm Price Target to $280
Qualcomm | Tigress Financial
Analyst
Ivan Feinseth
Date
May 8, 2026
12-Month Price Target
$280.00
Upside/Downside Implied
Upside 38.8%
Rating
Buy
Tigress Financial Partners analyst Ivan Feinseth raised the price target on Qualcomm (NASDAQ: QCOM) to $280.00 while maintaining a Buy rating.
“We reiterate our Buy rating and increase our 12-month target price to $280 as QCOM accelerates its evolution from the leading CDMA provider to the architect of intelligent connectivity.
QCOM’s Q2 2026 results underscore how AI agent devices, a breakout in automotive and IoT growth, and a new $20 billion buyback are transforming the company for durable intelligent connectivity growth.
QCOM’s AI flywheel drives a reacceleration of Business Performance trends. QCOM’s automotive platform gains scale as digital chassis drives the next generation of vehicle architecture.
QCOM’s XR platform strategy highlights a paradigm shift to always-on personal AI devices. QCOM positions edge AI and IoT as a core growth engine.
QCOM is an AI-first cash machine, reinvesting heavily in R&D and targeted tech M&A while returning all excess cash through a growing dividend and outsized, ongoing share repurchases.”
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