Bernstein Qualcomm · QCOM

Bernstein Raises Qualcomm Price Target to $235

Analyst: Stacy Rasgon 1 min read Reproduced verbatim
Rating
Market Perform
Target
$235
from $140 (+68%)
Upside
+40%
QCOM at $168 today
Bernstein and Qualcomm logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Qualcomm (NASDAQ: QCOM) to $235.00 (from $140.00) while maintaining a Market Perform rating.

Disclaimer
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 $168. The 9 analysts who set a target in the last 3 months range from $155 to $400, with a median of $185. This $235 target is 27% above the median.

Since the note QCOM has moved −15% (from $197). 12-month window: day 130 of 365, closes on June 25, 2027.

Track record

This callOpen: QCOM has not reached $235 yet. This 12-month target is scored on June 25, 2027.

Firm track recordBernstein: 80% of its 20 targets at least a year old were reached within 12 months (#16 of 21 firms). Accuracy ranking →

Bernstein on Qualcomm

Bernstein price targets on Qualcomm

7 calls from February 2, 2026 to November 2, 2026. The target went from $200 to $155 (−23%). The rating moved from Buy to Hold.

Bernstein targetQCOM share price
  1. November 2, 2026Target cut from $165 (−6%)Hold$155
  2. September 25, 2026Kept the $165 targetHold$165
  3. September 9, 2026Target cut from $235 (−30%)Hold$165
  4. June 25, 2026 This noteTarget raised from $140 (+68%)Hold$235
  5. March 26, 2026Downgraded to Hold, target cut from $175 (−20%)Hold$140
  6. February 5, 2026Target cut from $200 (−13%)Buy$175
  7. February 2, 2026Earliest call shownBuy$200
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Other analysts on Qualcomm

StoneXBuy Kept rating and price target Nov 2 $270maintained SusquehannaHold Raised price target +16%, kept rating Oct 21 $185from $160 TD CowenBuy Raised price target +14%, kept rating Oct 19 $200from $175 BairdBuy Kept rating and price target Oct 8 $400maintained StoneXBuy Kept rating and price target Sep 15 $270maintained
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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.