Fintel reports that on January 15, 2026, RBC Capital initiated coverage of QUALCOMM (NasdaqGS:QCOM) with a Sector Perform recommendation.
Analyst Price Forecast Suggests 18.48% Upside
As of January 14, 2026, the average one-year price target for QUALCOMM is $194.94/share. The forecasts range from a low of $158.57 to a high of $236.25. The average price target represents an increase of 18.48% from its latest reported closing price of $164.54 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for QUALCOMM is 46,997MM, an increase of 6.13%. The projected annual non-GAAP EPS is 12.04.
What is the Fund Sentiment?
There are 4,098 funds or institutions reporting positions in QUALCOMM. This is an decrease of 92 owner(s) or 2.20% in the last quarter. Average portfolio weight of all funds dedicated to QCOM is 0.51%, an increase of 1.35%. Total shares owned by institutions decreased in the last three months by 2.28% to 923,456K shares. 
The put/call ratio of QCOM is 0.88, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 35,301K shares representing 3.32% ownership of the company. In its prior filing, the firm reported owning 34,949K shares , representing an increase of 1.00%. The firm decreased its portfolio allocation in QCOM by 6.57% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 31,143K shares representing 2.93% ownership of the company. In its prior filing, the firm reported owning 30,731K shares , representing an increase of 1.32%. The firm decreased its portfolio allocation in QCOM by 6.65% over the last quarter.
Geode Capital Management holds 25,675K shares representing 2.42% ownership of the company. In its prior filing, the firm reported owning 25,727K shares , representing a decrease of 0.20%. The firm decreased its portfolio allocation in QCOM by 5.05% over the last quarter.
Invesco Qqq Trust, Series 1 holds 22,655K shares representing 2.13% ownership of the company. In its prior filing, the firm reported owning 22,777K shares , representing a decrease of 0.54%. The firm decreased its portfolio allocation in QCOM by 13.09% over the last quarter.
FXAIX - Fidelity 500 Index Fund holds 13,954K shares representing 1.31% ownership of the company. In its prior filing, the firm reported owning 13,915K shares , representing an increase of 0.28%. The firm decreased its portfolio allocation in QCOM by 7.56% over the last quarter.
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