What's the price target for Qualcomm?

The average price target for Qualcomm (QCOM) set by analysts over the past three months is $178.67, with a high forecast of $225.00 and a low forecast of $140.00. This average price target represents a 13.19% upside potential from the last price of $157.85. Here are the details: 1. **Analyst Ratings and Price Target**: Qualcomm has received ratings from 18 analysts, with 11 rating the stock as "Buy," 6 as "Hold," and 1 as "Sell". The average price target of $178.67 was calculated based on these ratings. 2. **Upside Potential**: The average price target of $178.67 suggests a potential upside of 13.19% from the current price. This indicates that analysts believe the stock has room to grow from its current level. 3. **Highest and Lowest Price Targets**: The highest price target is $225.00, which could be reached if market conditions and company performance align favorably. Conversely, the lowest price target is $140.00, which represents a more conservative outlook. 4. **Recent Price Target Adjustments**: Some analysts have adjusted their price targets recently. For example, Piper Sandler lowered its price target to $175 from $190. This reflects evolving analyst opinions and market conditions. In summary, the average price target for Qualcomm is $178.67, with a range that suggests both potential upside and downside. Investors should consider these targets along with other factors when evaluating the stock.