JP Morgan Qualcomm · QCOM

JPMorgan Lowers Qualcomm Price Target to $200

Analyst: Joseph Cardoso 1 min read Reproduced verbatim
Rating
Neutral
Target
$200
from $215 (−7%)
Upside
+28%
QCOM at $156 today
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What the analyst said

JPMorgan analyst Joseph Cardoso lowered the price target on Qualcomm (NASDAQ: QCOM) to $200 (from $215) while maintaining a Neutral 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 $156. The 13 analysts who set a target in the last 3 months range from $150 to $320, with a median of $190. This $200 target is 5% above the median.

12-month window: day 0 of 365, closes on November 5, 2027.

Track record

This callOpen: a 12-month target, scored on November 5, 2027, a year after the note.

Firm track recordJP Morgan: 63% of its 27 targets at least a year old were reached within 12 months (#22 of 26 firms). Accuracy ranking →

JP Morgan on Qualcomm

JP Morgan price targets on Qualcomm

5 calls from February 5, 2026 to November 5, 2026. The target went from $185 to $200 (+8%). The rating moved from Buy to Hold.

JP Morgan targetQCOM share price
  1. November 5, 2026 This noteTarget cut from $215 (−7%)Hold$200
  2. July 30, 2026Target raised from $160 (+34%)Hold$215
  3. April 30, 2026Target raised from $140 (+14%)Hold$160
  4. April 16, 2026Downgraded to Hold, target cut from $185 (−24%)Hold$140
  5. February 5, 2026Earliest call shownBuy$185
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Other analysts on Qualcomm

Morgan StanleyHold Cut price target −10%, kept rating Nov 5 $197from $220 BairdBuy Cut price target −20%, kept rating Nov 5 $320from $400 RosenblattBuy Cut price target −13%, kept rating Nov 5 $205from $235 SusquehannaHold Cut price target −11%, kept rating Nov 5 $165from $185 BarclaysSell Cut price target −17%, kept rating Nov 5 $150from $180
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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.