Wall Street Analysts' Target Price Outlook for Qualcomm Stock
Qualcomm (QCOM), a leading semiconductor company, has underperformed the broader market in recent years. While AI-driven chip stocks have surged, QCOM shares fell by nearly 9% year to date as of July 2026 compared to the S&P 500's gains. The stock also lagged behind the State Street SPDR Semiconductor ETF (XSD), which rose over 39%. In its fiscal third-quarter report on July 29, Qualcomm reported revenue above expectations but a decline in adjusted earnings due to weaker smartphone chip sales and higher costs. Analysts remain cautiously optimistic about QCOM's future. The consensus rating is
Tickers: $QCOM
Topics: semiconductors stock performance wireless technology