StoneX Qualcomm · QCOM

Benchmark Reiterates Buy on Qualcomm, $300 Price Target

Analyst: Cody Acree 1 min read Reproduced verbatim Published as The Benchmark Company, now part of StoneX
Rating
Buy
Unchanged
Target
$300
Unchanged
Upside
+85%
QCOM at $162 today
StoneX and Qualcomm logos

What the analyst said

Benchmark analyst Cody Acree reiterated a Buy rating and $300.00 price target on Qualcomm (NASDAQ: QCOM).

“We recently had the opportunity to host Brett Simpson, Qualcomm’s new SVP and Head of IR and JD Magdaleno, VP of IR for a group investor fireside chat, which we believe was particularly useful as it separated the company’s data-center opportunity into an immediate revenue bridge, a medium-term product roadmap and a still-unproven but potentially disruptive memory architecture.

The message was incremental to last week’s Analyst Day: the FY27 data-center target appears anchored by purchase orders, wafers in fab and two custom hyperscale engagements, while HBC, Modular and Alphawave now define the quality of the FY28-FY29 opportunity.”

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 $162. The 9 analysts who set a target in the last 3 months range from $155 to $400, with a median of $185. This $300 target is 62% above the median.

Since the note QCOM has moved −8% (from $176). 12-month window: day 119 of 365, closes on July 6, 2027.

Track record

This callOpen: QCOM has not reached $300 yet. This 12-month target is scored on June 25, 2027. Same target as this firm’s June 25, 2026 note, so it is scored there.

Firm track recordStoneX: 70% of its 23 targets at least a year old were reached within 12 months (#19 of 26 firms). Accuracy ranking →

StoneX on Qualcomm

StoneX price targets on Qualcomm

8 calls from April 30, 2026 to November 2, 2026. The target went from $225 to $270 (+20%). The rating stayed Buy.

StoneX targetQCOM share price
  1. November 2, 2026Kept the $270 targetBuy$270
  2. September 15, 2026Kept the $270 targetBuy$270
  3. September 9, 2026Kept the $270 targetBuy$270
  4. July 30, 2026Target cut from $300 (−10%)Buy$270
  5. July 27, 2026Kept the $300 targetBuy$300
  6. July 6, 2026 This noteKept the $300 targetBuy$300
  7. June 25, 2026Target raised from $225 (+33%)Buy$300
  8. April 30, 2026Earliest call shownBuy$225
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Other analysts on Qualcomm

BernsteinHold Cut price target −6%, kept rating Nov 2 $155from $165 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
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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.