9 Analysts Have This to Say About Qualcomm
Portfolio Pulse from Benzinga Insights
In the last quarter, 9 analysts have rated Qualcomm (NASDAQ:QCOM) with 2 bullish, 5 somewhat bullish, 1 indifferent, and 1 somewhat bearish ratings. The 12-month average price target for Qualcomm is $132.33, with a high of $145.00 and a low of $100.00, marking a 6.14% increase from the previous target of $124.67.
December 08, 2023 | 1:01 pm
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POSITIVE IMPACT
Qualcomm received mostly positive ratings from analysts, with an updated average 12-month price target of $132.33, suggesting potential upside from current levels.
The predominance of bullish and somewhat bullish ratings, combined with an increased average price target, generally indicates a positive sentiment among analysts about Qualcomm's stock performance in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100