TD Cowen Qualcomm · QCOM

TD Cowen Lowers Qualcomm Price Target to $185

Analyst: Joshua Buchalter 1 min read Reproduced verbatim
Rating
Buy
Target
$185
from $200 (−8%)
Upside
+18%
QCOM at $157 today
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What the analyst said

TD Cowen analyst Joshua Buchalter lowered the price target on Qualcomm (NASDAQ: QCOM) to $185 (from $200) while maintaining a Buy 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 $157. The 14 analysts who set a target in the last 3 months range from $150 to $320, with a median of $183. This $185 target is 1% above the median.

12-month window: day 1 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 recordTD Cowen: 83% of its 36 targets at least a year old were reached within 12 months (#5 of 26 firms). Accuracy ranking →

Earnings reactionOne of 10 notes after Qualcomm’s Nov 4 results: 0 raised · 8 cut · 2 kept. See every call →

TD Cowen on Qualcomm

TD Cowen price targets on Qualcomm

7 calls from January 16, 2026 to November 5, 2026. The target went from $190 to $185 (−3%). The rating stayed Buy.

TD Cowen targetQCOM share price
  1. November 5, 2026 This noteTarget cut from $200 (−8%)Buy$185
  2. October 19, 2026Target raised from $175 (+14%)Buy$200
  3. July 30, 2026Target cut from $225 (−22%)Buy$175
  4. July 13, 2026Target raised from $200 (+13%)Buy$225
  5. April 30, 2026Target raised from $150 (+33%)Buy$200
  6. February 5, 2026Target cut from $190 (−21%)$150
  7. January 16, 2026Earliest call shown$190
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Other analysts on Qualcomm

Piper SandlerHold Kept rating and price target Nov 5 $190maintained UBSHold Cut price target −3%, kept rating Nov 5 $180from $185 Morgan StanleyHold Cut price target −10%, kept rating Nov 5 $197from $220 JP MorganHold Cut price target −7%, kept rating Nov 5 $200from $215 BairdBuy Cut price target −20%, kept rating Nov 5 $320from $400
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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.