UBS Lowers Qualcomm Price Target to $170
- Rating
- Neutral
- Unchanged
- Target
- $170
- from $190 (−11%)
- Outcome
- Reached
- on August 31, 2026

What the analyst said
UBS analyst Timothy Arcuri lowered the price target on Qualcomm (NASDAQ: QCOM) to $170 (from $190) while maintaining a Neutral rating.
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.
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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 $170 target is 8% 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 31, 2026, 32 days after the note.
Firm track recordUBS: 81% of its 52 targets at least a year old were reached within 12 months (#10 of 26 firms). Accuracy ranking →
UBS on Qualcomm
UBS price targets on Qualcomm
4 calls from April 21, 2026 to July 30, 2026. The target went from $150 to $170 (+13%). The rating stayed Hold.
- July 30, 2026 This noteTarget cut from $235 (−28%)Hold$170
- June 25, 2026Target raised from $170 (+38%)Hold$235
- April 30, 2026Target raised from $150 (+13%)Hold$170
- April 21, 2026Earliest call shownHold$150




