BBenchmark QQualcomm · QCOM

Benchmark Reiterates Buy on Qualcomm, $300 Price Target

Jul 27, 2026· Analyst: Cody Acree· 1 min read· Reproduced verbatim
Rating
Buy
Price target
$300
Previous
—
Implied upside
+80%

Benchmark analyst Cody Acree reiterated a Buy rating and $300 price target on Qualcomm (NASDAQ: QCOM).

ā€œQualcomm reports fiscal 3Q26 after the close on Wednesday, July 29.

We expect an essentially in-line June quarter: Benchmark revenue and non-GAAP EPS of $9.675B and $2.23 compare with Street estimates of $9.681B and $2.23.

Our mix is more cautious in Handsets, offset by modest upside in Automotive, IoT and QTL.ā€

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