Cantor Qualcomm · QCOM

Cantor Fitzgerald Lowers Qualcomm Price Target to $165

Analyst: C.J. Muse 1 min read Reproduced verbatim
Rating
Neutral
Target
$165
from $200 (−18%)
Outcome
Reached
on August 7, 2026
Cantor and Qualcomm logos

What the analyst said

Cantor Fitzgerald analyst C.J.

Muse lowered the price target on Qualcomm (NASDAQ: QCOM) to $165 (from $200) while maintaining a Neutral rating.

“We continue to take a wait and see approach in the crowded Accelerator/CPU markets and prefer Compute exposure elsewhere, particularly given the recent sell-off. Thus, we reiterate our Neutral rating.

And considering our lower EPS estimates, we are tweaking our price target lower to $165 – reflecting 16.5x/15.3x our updated CY27/28 EPS estimates.”

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 $162. The 9 analysts who set a target in the last 3 months range from $155 to $400, with a median of $185. This $165 target is 11% below the median.

Since the note QCOM has moved +4% (from $156). 12-month window: day 95 of 365, closes on July 30, 2027.

Track record

This call✓ Target reached on August 7, 2026, 8 days after the note.

Firm track recordCantor: 79% of its 53 targets at least a year old were reached within 12 months (#11 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 →

Cantor on Qualcomm

Cantor price targets on Qualcomm

7 calls from February 2, 2026 to July 30, 2026. The target went from $160 to $165 (+3%). The rating stayed Hold.

Cantor targetQCOM share price
  1. July 30, 2026 This noteTarget cut from $200 (−18%)Hold$165
  2. July 27, 2026Target cut from $220 (−9%)Hold$200
  3. June 25, 2026Target raised from $200 (+10%)Hold$220
  4. June 22, 2026Target raised from $150 (+33%)Hold$200
  5. April 30, 2026Target raised from $135 (+11%)Hold$150
  6. February 5, 2026Target cut from $160 (−16%)Hold$135
  7. February 2, 2026Earliest call shownHold$160
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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.