Quick Read – QCOM trades at $205, but our model targets $257, implying 26% upside while Wall Street’s consensus of $187 implies downside. – CEO Cristiano Amon doubled Qualcomm’s 2029 non-handset revenue target to $40 billion and set a $15 billion AI data center goal, triggering…
12% pre-market surge. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Qualcomm didn’t make the cut. Grab the names FREE today
Our Qualcomm (NASDAQ:QCOM) price prediction sits well above where the sell side has landed, and that gap is the entire story. Wall Street’s consensus target of $186.50 implies downside from today’s quote. Our model sees the opposite.
The 24/7 Wall St. price target for Qualcomm is $257.53, pointing to roughly 25.69% upside over the next 12 months, with a 90% confidence read. The recommendation is buy. 24/7 Wall St. Price Target Summary A Sharp Pullback After an Even Sharper Rally Qualcomm has had a wild quarter.