Barclays Lowers Qualcomm Price Target to $180
- Rating
- Underweight
- Unchanged
- Target
- $180
- from $245 (−27%)
- Outcome
- Reached
- on September 11, 2026

What the analyst said
Barclays analyst Tom O’Malley lowered the price target on Qualcomm (NASDAQ: QCOM) to $180 (from $245) while maintaining an Underweight rating.
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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 $180 target is 3% below the median.
Since the note QCOM has moved +7% (from $152). 12-month window: day 94 of 365, closes on July 31, 2027.
Track record
This call✓ Target reached on September 11, 2026, 42 days after the note.
Firm track recordBarclays: 83% of its 40 targets at least a year old were reached within 12 months (#7 of 26 firms). Accuracy ranking →
Barclays on Qualcomm
Barclays price targets on Qualcomm
5 calls from April 22, 2026 to September 9, 2026. The target went from $130 to $180 (+38%). The rating stayed Sell.
- September 9, 2026Kept the $180 targetSell$180
- July 31, 2026 This noteTarget cut from $245 (−27%)Sell$180
- June 26, 2026Target raised from $150 (+63%)Sell$245
- April 30, 2026Target raised from $130 (+15%)Sell$150
- April 22, 2026Earliest call shownSell$130




