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Wall Street Lifts Qualcomm Price Target to $160 on AI Ramp: Is the Hyperscaler Catalyst Real? [Yahoo! Finance]
Last qualcomm incorporated earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
38% to a record $1.326B and the company plans to ship an AI ASIC to a major hyperscaler in Q4 2026. Three Wall Street firms—Citi, JPMorgan, and Wells Fargo—unanimously raised their QCOM stock price targets to $160, though they maintained Neutral or Equal Weight ratings. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Qualcomm wasn't one of them. Get them here FREE Three Wall Street firms lifted their price targets on Qualcomm NASDAQ:QCOM ) stock to $160 on Thursday, April 30, following the chipmaker's fiscal second quarter (Q2 FY2026) report. Citi, JPMorgan, and Wells Fargo all raised their targets, yet each kept their ratings at Neutral or Equal Weight. The unanimous price target raise to $160 reflects optimism about the hyperscaler artificial intelligence (AI) ramp, though analysts want more proof before turning outright bullish on Qualcomm stock. QCOM stock responded sharply. Shares moved from $149.85 at the 8-K filing to $181 during April 30's tradin
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- Why Qualcomm Stock Is Soaring on Thursday [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Visa CEO sends blunt message on AI and blockchain [Yahoo! Finance][Yahoo! Finance]
- Qualcomm adds $15B in market value on bold outlook [Yahoo! Finance][Yahoo! Finance]
- Qualcomm CEO Cristiano Amon on expected China smartphone sales ‘bottom' this current quarter [CNBC][CNBC]
- Qualcomm stock surges 20% after earnings tease a mystery chip deal [Business Insider][Business Insider]
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QCOM
SEC Filings
SEC Filings
- 4/30/26 - Form SCHEDULE
- 4/29/26 - Form 10-Q
- 4/29/26 - Form 8-K
- QCOM's page on the SEC website
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