RBC Capital Qualcomm · QCOM

RBC Capital Lowers Qualcomm Price Target to $160

1 min read Reproduced verbatim
Rating
Sector Perform
Unchanged
Target
$160
from $250 (−36%)
Outcome
Reached
on August 4, 2026
RBC Capital and Qualcomm logos

What the analyst said

RBC Capital analyst Srini Pajjuri lowered the price target on Qualcomm (NASDAQ: QCOM) to $160 (from $250) while maintaining a Sector Perform 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 $163. The 9 analysts who set a target in the last 3 months range from $155 to $400, with a median of $185. This $160 target is 14% below the median.

Since the note QCOM has moved +5% (from $156). 12-month window: day 96 of 365, closes on July 30, 2027.

Track record

This call✓ Target reached on August 4, 2026, 5 days after the note.

Firm track recordRBC Capital: 50% of its 16 targets at least a year old were reached within 12 months (#26 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 →

RBC Capital on Qualcomm

RBC Capital price targets on Qualcomm

6 calls from January 14, 2026 to September 9, 2026. The target is back at $180, after moving between $150 and $250. The rating stayed Hold.

RBC Capital targetQCOM share price
  1. September 9, 2026Target raised from $160 (+13%)Hold$180
  2. July 30, 2026 This noteTarget cut from $250 (−36%)Hold$160
  3. June 25, 2026Target raised from $175 (+43%)Hold$250
  4. April 30, 2026Target raised from $150 (+17%)Hold$175
  5. February 5, 2026Target cut from $180 (−17%)Hold$150
  6. January 14, 2026Earliest call shownHold$180
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Other analysts on Qualcomm

BernsteinHold Cut price target −6%, kept rating Nov 2 $155from $165 StoneXBuy Kept rating and price target Nov 2 $270maintained 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
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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.