Earnings reaction · QCOM

How analysts reacted to Qualcomm’s results

Qualcomm reported on April 29, 2026 (quarter ended Mar 2026). In the next sessions, 17 Wall Street firms published notes: 16 raised their price target; none cut. The median target of the 16 firms with a before-and-after figure went from $143 to $163 (+14%). The shares rose 15% on Apr 30, the first session after the report.

Apr 29, 2026 reported17 firms16 raised0 cut
Median target$143 → $163+14% · 16 firms
Target changes16 raised0 cut · 0 kept
Share move+15%Apr 30 · $156.00 → $179.58
EPS vs consensusBeat 3%1.95 vs 1.9 expected

Every firm’s call 17

The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have lost 2% ($176.01 on Oct 8), against a median target of $163 from these firms. Qualcomm consensus today

Before After Share price
BairdBuy$177$300+69%Apr 30
EvercoreHold$134$179+34%Apr 30
TD CowenBuy$150$200+33%Apr 30
MizuhoHold$140$170+21%Apr 30
RBC CapitalHold$150$175+17%Apr 30
BarclaysSell$130$150+15%Apr 30
SusquehannaHold$140$160+14%Apr 30
JP MorganHold$140$160+14%Apr 30
CitiHold$140$160+14%Apr 30
Bank of AmericaSell$145$165+14%Apr 30
UBSHold$150$170+13%Apr 30
StoneXBuy$200$225+13%Apr 30
CantorHold$135$150+11%Apr 30
Morgan StanleySell$132$146+11%Apr 30
Wells FargoHold$150$160+7%Apr 30
HSBCHold$150$155+3%Apr 30
KeyBancHold———Apr 30

Earlier Qualcomm reports

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How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true

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