QCOM Analyst Ratings

Morgan Stanley resumed coverage of QCOM at Underweight with a $132 target on Feb 10, adding to the cautious tone. Susquehanna and BofA both downgraded to Neutral on Feb 5. Consensus is Buy with a $172 average target, though the recent bearish moves highlight smartphone cycle uncertainty and AI PC adoption timing concerns.

ANALYST RATINGS

Buy$169

QCOM

Neutral$140

Downgrade

2026-02-11

Underweight$132

Resumed

2026-02-10

Neutral$140

Downgrade

2026-02-05

Neutral$155

Downgrade

2026-02-05

Sector Perform$180

Initiated

2026-01-15

Downgrade

2026-02-11

Daiwa Securities

RatingNeutral

FromOutperform

Target$140

From—

Resumed

2026-02-10

Morgan Stanley

RatingUnderweight

From—

Target$132

From—

Downgrade

2026-02-05

Susquehanna

RatingNeutral

FromPositive

Target$140

From—

Downgrade

2026-02-05

BofA Securities

RatingNeutral

FromBuy

Target$155

From—

Initiated

2026-01-15

RBC Capital Mkts

RatingSector Perform

From—

Target$180

From—

Downgrade

2026-01-09

Mizuho

RatingNeutral

FromOutperform

Target$175

From—

Reiterated

2025-11-06

TD Cowen

RatingBuy

From—

Target$205

From$185

Reiterated

2025-10-22

Susquehanna

RatingPositive

From—

Target$200

From$190

Upgrade

2025-08-26

Arete

RatingBuy

FromNeutral

Target$200

From—

Reiterated

2025-07-31

Piper Sandler

RatingOverweight

From—

Target$175

From$190

Reiterated

2025-07-31

Mizuho

RatingOutperform

From—

Target$185

From$190

Resumed

2025-04-29

JP Morgan

RatingOverweight

From—

Target$185

From—

Reiterated

2025-01-17

Barclays

RatingOverweight

From—

Target$185

From$200

Initiated

2024-12-09

Melius

RatingHold

From—

Target$180

From—

Initiated

2024-11-12

Loop Capital

RatingHold

From—

Target$180

From—

Reiterated

2024-10-16

Citigroup

RatingNeutral

From—

Target$185

From$200

Upgrade

2024-08-02

DZ Bank

RatingBuy

FromHold

Target$210

From—