Accelerated Acquisition: Qualcomm has completed its acquisition of Alphawave IP Group plc approximately one quarter ahead of schedule, aiming to expedite its expansion into the data center market and enhance competitive positioning.
Technological Synergy: The integration of Alphawave's high-speed connectivity technologies with Qualcomm's Oryon CPU and Hexagon NPU processors not only boosts the performance of computing and AI solutions but also optimizes overall efficiency for next-generation data centers.
Leadership Transition: Tony Pialis, CEO of Alphawave, will lead Qualcomm's data center business, a strategic move that will facilitate the integration of both companies' technological strengths and drive innovation and market expansion.
Expansive Market Potential: Alphawave's products play a critical role in high-growth areas such as data centers, AI, and data storage, which is expected to generate new revenue streams for Qualcomm and enhance its position in the rapidly evolving tech market.
QCOM
$172.34+Infinity%1D
Analyst Views on QCOM
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 198.00 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.
18 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 198.00 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.
12 Buy
5 Hold
1 Sell
Moderate Buy
Current: 176.120
Low
165.00
Averages
198.00
High
225.00
Current: 176.120
Low
165.00
Averages
198.00
High
225.00
Cantor Fitzgerald
C.J. Muse
Neutral
maintain
$170 -> $185
2025-12-16
New
Reason
Cantor Fitzgerald
C.J. Muse
Price Target
$170 -> $185
2025-12-16
New
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.
Citi
Neutral
maintain
2025-11-19
Reason
Citi
Price Target
2025-11-19
maintain
Neutral
Reason
Citi believes Qualcomm (QCOM) may be evaluating Intel Foundry (INTC) for its data center application-specific integrated circuits business, which represents less than 1% of its sales. Citi found Qualcomm job postings with qualifications including Intel's embedded multi-die interconnect bridge packaging technology, the analyst tells investors in a research note. The firm also found Apple (AAPL) and Broadcom (AVGO) job postings that include references to Intel's packaging technology. Citi, which doubts the agreements would be material for Intel, points out the three potential contracts would be for packaging, which brings low pricing and margins. Citi keeps a Neutral rating on Qualcomm and Sell rating on Intel.
Mizuho
NULL -> Outperform
maintain
$185 -> $200
2025-11-06
Reason
Mizuho
Price Target
$185 -> $200
2025-11-06
maintain
NULL -> Outperform
Reason
Mizuho raised the firm's price target on Qualcomm to $200 from $185 and keeps an Outperform rating on the shares.
Baird
Tristan Gerra
Outperform
to
Outperform
downgrade
$216 -> $200
2025-11-06
Reason
Baird
Tristan Gerra
Price Target
$216 -> $200
2025-11-06
downgrade
Outperform
to
Outperform
Reason
Baird analyst Tristan Gerra lowered the firm's price target on Qualcomm to $200 from $216 and keeps an Outperform rating on the shares. The firm said diversification is wll under way with multiple expansion ahead and AI is a wild card.
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.
