Benchmark Reiterates Buy on Qualcomm, $300 Price Target

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

“Qualcomm 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.”

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.