Morgan Stanley Qualcomm · QCOM

Morgan Stanley Lowers Qualcomm Price Target to $220

1 min read Reproduced verbatim
Rating
Equalweight
Unchanged
Target
$220
from $231 (−5%)
Upside
+32%
QCOM at $166 today
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What the analyst said

Morgan Stanley analyst Joseph Moore lowered the price target on Qualcomm (NASDAQ: QCOM) to $220 (from $231) while maintaining an Equalweight 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 $166. The 14 analysts who set a target in the last 3 months range from $150 to $320, with a median of $183. This $220 target is 21% above the median.

Since the note QCOM has moved +7% (from $156). 12-month window: day 99 of 365, closes on July 30, 2027.

Track record

This callOpen: QCOM has not reached $220 yet. This 12-month target is scored on July 30, 2027.

Firm track recordMorgan Stanley: 82% of its 50 targets at least a year old were reached within 12 months (#8 of 26 firms). Accuracy ranking →

Earnings reactionOne of 13 notes after Qualcomm’s Jul 29 results: 1 raised · 12 cut · 0 kept. See every call →

Morgan Stanley on Qualcomm

Morgan Stanley price targets on Qualcomm

5 calls from February 10, 2026 to November 5, 2026. The target went from $132 to $197 (+49%). The rating moved from Sell to Hold.

Morgan Stanley targetQCOM share price
  1. November 5, 2026Target cut from $220 (−10%)Hold$197
  2. July 30, 2026 This noteTarget raised from $146 (+51%)Hold$220
  3. June 25, 2026Upgraded to HoldHoldNo target
  4. April 30, 2026Target raised from $132 (+11%)Sell$146
  5. February 10, 2026Earliest call shownSell$132
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Other analysts on Qualcomm

TD CowenBuy Cut price target −8%, kept rating Nov 5 $185from $200 Piper SandlerHold Kept rating and price target Nov 5 $190maintained UBSHold Cut price target −3%, kept rating Nov 5 $180from $185 JP MorganHold Cut price target −7%, kept rating Nov 5 $200from $215 BairdBuy Cut price target −20%, kept rating Nov 5 $320from $400
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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.