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Wells Fargo raises Qualcomm price target to $230, while others remain cautious ahead of Investor Day.

Analyst Insights
12 Jun 2026
Finbold
View Source
Neutral
pluang ai news

Wells Fargo increased its Qualcomm stock price target from $160 to $230, signaling a 43% rise from its previous target and a 13% upside from the recent closing price. In contrast, Bank of America Securities maintains a 'Sell' rating with a $165 target, expecting a nearly 19% decline over the next year. JPMorgan also raised its target to $265 but kept a 'Neutral' rating, anticipating ambitious revenue goals from Qualcomm's upcoming Investor Day. Overall, Wall Street holds a 'Hold' consensus with an average 2027 price target of $184, implying a slight downside from current levels.

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