Qualcomm Inc (QCOM) is down 3.24% in pre-market trading, hitting a 20-day low as broader market indices, including the Nasdaq-100 and S&P 500, decline significantly.
The company has declared a quarterly dividend of $0.89 per share, consistent with previous payouts, reflecting its stable cash flow and shareholder return strategy. This announcement comes amid a challenging market environment, where Qualcomm's exclusion from the top investment stocks list has raised concerns about its growth potential. Despite these challenges, the dividend yield of 2.21% may bolster investor confidence in the long term.
The implications of this dividend announcement suggest that Qualcomm is committed to returning value to shareholders, even as it navigates market headwinds. Investors may view this as a sign of stability, but the company's recent performance and market sentiment could lead to cautious trading in the near term.
Wall Street analysts forecast QCOM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QCOM is 197.14 USD with a low forecast of 165.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast QCOM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QCOM is 197.14 USD with a low forecast of 165.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
5 Hold
1 Sell
Moderate Buy
Current: 152.700
Low
165.00
Averages
197.14
High
225.00
Current: 152.700
Low
165.00
Averages
197.14
High
225.00
UBS
Neutral
downgrade
$185 -> $160
2026-01-26
New
Reason
UBS
Price Target
$185 -> $160
AI Analysis
2026-01-26
New
downgrade
Neutral
Reason
UBS lowered the firm's price target on Qualcomm to $160 from $185 and keeps a Neutral rating on the shares.
Mizuho
Vijay Rakesh
Neutral
downgrade
$175 -> $160
2026-01-25
New
Reason
Mizuho
Vijay Rakesh
Price Target
$175 -> $160
2026-01-25
New
downgrade
Neutral
Reason
Mizuho analyst Vijay Rakesh lowered the firm's price target on Qualcomm to $160 from $175 and keeps a Neutral rating on the shares after hosting an industry call on handsets. Global handsets are estimated down 4% year-over-ear in 2026, with more downside into the second half due to memory shortages and pricing, the analyst tells investors in a research note. The firm reduced price targets in the group.
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Mizuho
Outperform -> Neutral
downgrade
$200 -> $175
2026-01-09
Reason
Mizuho
Price Target
$200 -> $175
2026-01-09
downgrade
Outperform -> Neutral
Reason
Mizuho downgraded Qualcomm to Neutral from Outperform with a price target of $175, down from $200. The firm reduced estimates by up to 7%. Mizuho's estimates are now below consensus, as it sees headwinds to Qualcomm's handset shipments and iPhone content in 2026.
Cantor Fitzgerald
C.J. Muse
Neutral
maintain
$170 -> $185
2025-12-16
Reason
Cantor Fitzgerald
C.J. Muse
Price Target
$170 -> $185
2025-12-16
maintain
Neutral
Reason
Cantor Fitzgerald analyst C.J. Muse raised the firm's price target on Qualcomm to $185 from $170 and keeps a Neutral rating on the shares. The SOX is positioned to lead markets higher after outperforming the S&P by roughly 30 points in CY25, supported by the early stages of the AI era driving demand across compute, networking, memory, and equipment, the analyst tells investors in a research note. While cyclical factors may create mixed signals, the macro backdrop and expected exponential growth in AI infrastructure spending support a long position in the SOX and overweight exposure to AI-related plays into CY26, the firm says.
About QCOM
Qualcomm Incorporated is engaged in the development and commercialization of foundational technologies for the wireless industry, including third generation (3G), fourth generation (4G) and fifth generation (5G) wireless connectivity, and high-performance and low-power computing, including on-device artificial intelligence. Its segments include Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives. QCT develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies, including radio frequency front-end, digital cockpit and advanced driver assistance and automated driving, Internet of things including consumer electronic devices, industrial devices and edge networking products. QTL grants licenses or otherwise provides rights to use portions of its intellectual property portfolio that includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
