StoneX Maintains Buy on Qualcomm, $270 Price Target

Analyst: Cody Acree 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$270
Unchanged
Upside
+67%
QCOM at $162 today
StoneX and Qualcomm logos

What the analyst said

StoneX analyst Cody Acree reiterated a Buy rating and $270 price target on Qualcomm (NASDAQ: QCOM).

“We expect at least a modest beat and raise; reiterate Buy and $270 PT. Qualcomm reports fiscal 4Q26 on Wednesday after the close.

Our model sits near the guidance midpoints at $10.14B and $2.15, in line with Street’s $10.14B and $2.17, but our call view is $10.3–10.4B and $2.20–2.25 on China OEM recovery, Samsung’s premium mix and record Automotive revenue.

We expect a December guide midpoint near $10.6B and $2.30, versus Street’s $10.51B and $2.27.”

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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 $270 target is 46% above the median.

12-month window: day 0 of 365, closes on November 2, 2027.

Track record

This callOpen: a 12-month target, scored on November 2, 2027, a year after the note.

Firm track recordStoneX: 70% of its 23 targets at least a year old were reached within 12 months (#19 of 26 firms). Accuracy ranking →

StoneX on Qualcomm

StoneX price targets on Qualcomm

8 calls from April 30, 2026 to November 2, 2026. The target went from $225 to $270 (+20%). The rating stayed Buy.

StoneX targetQCOM share price
  1. November 2, 2026 This noteKept the $270 targetBuy$270
  2. September 15, 2026Kept the $270 targetBuy$270
  3. September 9, 2026Kept the $270 targetBuy$270
  4. July 30, 2026Target cut from $300 (−10%)Buy$270
  5. July 27, 2026Kept the $300 targetBuy$300
  6. July 6, 2026Kept the $300 targetBuy$300
  7. June 25, 2026Target raised from $225 (+33%)Buy$300
  8. April 30, 2026Earliest call shownBuy$225
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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.