Barclays Qualcomm · QCOM

Barclays Raises Qualcomm Price Target to $245

Analyst: Tom O'Malley 1 min read Reproduced verbatim
Rating
Underweight
Target
$245
from $150 (+63%)
Upside
+49%
QCOM at $165 today
Barclays and Qualcomm logos

What the analyst said

Barclays analyst Tom O’Malley raised the price target on Qualcomm (NASDAQ: QCOM) to $245.00 (from $150.00) while maintaining an Underweight 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 $165. The 9 analysts who set a target in the last 3 months range from $160 to $400, with a median of $185. This $245 target is 32% above the median.

Since the note QCOM has moved −20% (from $205). 12-month window: day 128 of 365, closes on June 26, 2027.

Track record

This callOpen: QCOM has not reached $245 yet. This 12-month target is scored on June 26, 2027.

Firm track recordBarclays: 83% of its 36 targets at least a year old were reached within 12 months (#14 of 21 firms). Accuracy ranking →

Barclays on Qualcomm

Barclays price targets on Qualcomm

5 calls from April 22, 2026 to September 9, 2026. The target went from $130 to $180 (+38%). The rating stayed Sell.

Barclays targetQCOM share price
  1. September 9, 2026Kept the $180 targetSell$180
  2. July 31, 2026Target cut from $245 (−27%)Sell$180
  3. June 26, 2026 This noteTarget raised from $150 (+63%)Sell$245
  4. April 30, 2026Target raised from $130 (+15%)Sell$150
  5. April 22, 2026Earliest call shownSell$130
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Other analysts on Qualcomm

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 BernsteinHold Kept rating and price target Sep 25 $165maintained 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.