Weekly Analysts’ Ratings Changes for Qualcomm (QCOM)

Several brokerages have updated their recommendations and price targets on shares of Qualcomm (NASDAQ: QCOM) in the last few weeks:

• 7/20/2026 – Qualcomm was given a new $190.00 price target by UBS Group AG.
• 7/15/2026 – Qualcomm had its “hold” rating reaffirmed by HSBC Holdings plc.
• 7/13/2026 – Qualcomm had its price target raised by TD Cowen from $200.00 to $225.00. They now have a “buy” rating on the stock.
• 7/7/2026 – Qualcomm was upgraded by Dbs Bank to “moderate buy”.
• 6/29/2026 – Qualcomm had its price target raised by Mizuho from $170.00 to $210.00. They now have a “neutral” rating on the stock.
• 6/26/2026 – Qualcomm was upgraded by DZ Bank AG from “hold” to “buy”. They now have a $265.00 price target on the stock.
• 6/25/2026 – Qualcomm is now covered by Raymond James Financial, Inc.. They set a “strong-buy” rating on the stock.
• 6/25/2026 – Qualcomm was upgraded by Monness Crespi & Hardt to “buy”.
• 6/25/2026 – Qualcomm is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating on the stock.
• 6/25/2026 – Qualcomm was downgraded by Lake Street Capital to “hold”.
• 6/25/2026 – Qualcomm was upgraded by Barclays PLC from “underweight” to “overweight”.
• 6/25/2026 – Qualcomm was downgraded by Craig Hallum from “buy” to “hold”.
• 6/25/2026 – Qualcomm had its price target raised by Royal Bank Of Canada from $175.00 to $250.00. They now have a “sector perform” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by UBS Group AG from $170.00 to $235.00. They now have a “neutral” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Benchmark Co. from $225.00 to $300.00. They now have a “buy” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Susquehanna from $160.00 to $190.00. They now have a “neutral” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Barclays PLC from $150.00 to $245.00. They now have an “underweight” rating on the stock.
• 6/25/2026 – Qualcomm was given a new $220.00 price target by Cantor Fitzgerald. They now have a “neutral” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Sanford C. Bernstein from $140.00 to $235.00. They now have a “market perform” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Citigroup Inc. from $160.00 to $198.00. They now have a “neutral” rating on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Wells Fargo & Company from $230.00 to $265.00. They now have an “equal weight” rating on the stock.
• 6/25/2026 – Qualcomm was upgraded by Morgan Stanley from “underweight” to “equal weight”. They now have a $231.00 price target on the stock, up from $146.00.
• 6/25/2026 – Qualcomm had its “buy” rating reaffirmed by TD Cowen. They now have a $200.00 price target on the stock.
• 6/25/2026 – Qualcomm had its price target raised by Rosenblatt Securities from $190.00 to $265.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Qualcomm had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 6/23/2026 – Qualcomm had its price target raised by Bank of America Corporation from $165.00 to $195.00. They now have an “underperform” rating on the stock.
• 6/22/2026 – Qualcomm was given a new $200.00 price target by Guggenheim.
• 6/22/2026 – Qualcomm had its price target raised by Cantor Fitzgerald from $150.00 to $200.00. They now have a “neutral” rating on the stock.
• 6/12/2026 – Qualcomm had its “positive” rating reaffirmed by Wells Fargo & Company.
• 6/12/2026 – Qualcomm had its price target raised by Wells Fargo & Company from $160.00 to $230.00. They now have an “equal weight” rating on the stock.
• 6/5/2026 – Qualcomm had its price target raised by JPMorgan Chase & Co. from $160.00 to $265.00. They now have a “neutral” rating on the stock.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. Qualcomm’s payout ratio is currently 40.00%.

Insider Buying and Selling

In other Qualcomm news, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the sale, the executive vice president owned 23,184 shares of the company’s stock, valued at $4,191,899.04. The trade was a 9.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 21,721 shares of company stock worth $4,044,465. Insiders own 0.05% of the company’s stock.

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.