Barclays Lowers Qualcomm Price Target to $180

1 min read Reproduced verbatim
Rating
Underweight
Unchanged
Target
$180
from $245 (−27%)
Outcome
Reached
on September 11, 2026
Barclays and Qualcomm logos

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.

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 $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 →

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

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.

Barclays targetQCOM share price
  1. September 9, 2026Kept the $180 targetSell$180
  2. July 31, 2026 This noteTarget cut from $245 (−27%)Sell$180
  3. June 26, 2026Target raised from $150 (+63%)Sell$245
  4. April 30, 2026Target raised from $130 (+15%)Sell$150
  5. April 22, 2026Earliest call shownSell$130
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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.