What the analyst said
Freedom Broker downgraded Qualcomm (NASDAQ: QCOM) from Buy to Hold with a price target of $200.00.
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
Where the price stands
QCOM trades at $171. The 15 analysts who set a target in the last 3 months range from $150 to $320, with a median of $185. This $200 target is 8% above the median.
Since the note QCOM has moved −18% (from $210). 12-month window: day 181 of 365, closes on May 13, 2027.
Track record
This call✓ Target reached on May 19, 2026, 6 days after the note.
Firm track recordToo early to score Freedom Broker: price targets are 12-month calls and fewer than 5 of its targets are a year old. 12 of its 26 open targets have already been reached. How we score
Freedom Broker on Qualcomm
Freedom Broker price targets on Qualcomm
2 calls from May 13, 2026 to November 9, 2026. The target went from $200 to $185 (−8%). The rating stayed Hold.
- November 9, 2026Target cut from $200 (−8%)Hold$185
- May 13, 2026 This noteEarliest call shownHold$200
Other analysts on Qualcomm
TD CowenBuy
Cut price target −8%, kept ratingCut target · Nov 5
$185from $200−8%
Piper SandlerHold
Kept rating and price targetReiterated · Nov 5
$190maintained
UBSHold
Cut price target −3%, kept ratingCut target · Nov 5
$180from $185−3%
Morgan StanleyHold
Cut price target −10%, kept ratingCut target · Nov 5
$197from $220−10%
JP MorganHold
Cut price target −7%, kept ratingCut target · Nov 5
$200from $215−7%