Susquehanna raises Qualcomm target to USD 185: Qualcomm stock sits 3.05 percent below target

Published on 10/26/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Automotive revenue rose 61 percent in Q3 2026. Qualcomm stock costs EUR 161.31 on October 26, 2026, up 2.77 percent versus the Tradegate close.

Target and operating signals

Susquehanna raised its Qualcomm target to USD 185.00 on October 21, 2026.
Automotive revenue rose 61.00 percent in fiscal third quarter 2026.
Qualcomm stock costs EUR 161.31 at Lang & Schwarz on October 26, 2026 at 4:48 p.m. CEST, 2.77 percent above the Tradegate close of October 23, 2026.

Qualcomm, US7475251036, Illustration mit AI erstellt.

Susquehanna lifted its Qualcomm target from USD 160.00 to USD 185.00 on October 21, 2026, according to Yahoo Finance. The new target is 3.05 percent above Qualcomm's USD 179.36 Nasdaq price at 12:00 p.m. ET on October 26, 2026. At Lang & Schwarz, Qualcomm stock was trading at EUR 161.31 on October 26, 2026 at 4:48 p.m. CEST, up 2.77 percent versus the Tradegate close of October 23, 2026 at EUR 156.96.

Automotive revenue rises 61.00 percent

Qualcomm's fiscal third-quarter results show a sharp split between its handset business and newer markets. Revenue reached USD 9.95 billion in the quarter ended June 28, 2026, down 4.00 percent from a year earlier, while handset revenue fell 20.00 percent to USD 5.09 billion.

Automotive revenue rose 61.00 percent to USD 1.59 billion, and IoT revenue increased 9.00 percent to USD 1.83 billion. The figures were reported in the July 29, 2026 results covered by Yahoo Finance.

Qualcomm sits 31.00 percent below its high

The Nasdaq quote of USD 179.36 leaves Qualcomm 31.00 percent below its USD 259.92 52-week high and above its USD 121.99 low, both dated October 26, 2026. The stock's market capitalization was USD 191.5 billion, while its trailing price-to-earnings ratio was 20.50.

Guidance sets the next comparison

Management's fiscal fourth-quarter outlook called for revenue of USD 9.70 billion to USD 10.50 billion and non-GAAP earnings per share of USD 2.05 to USD 2.25. Those figures provide the next test for the diversification story, because the latest quarter paired a 20.00 percent handset decline with 61.00 percent automotive growth.

The valuation picture is mixed rather than one-dimensional. Qualcomm's current earnings multiple is lower than the 42.19 times earnings shown for Broadcom and the 37.79 times earnings shown for Texas Instruments, while Qualcomm's market capitalization remains below both companies at USD 191.5 billion versus USD 1.6 trillion and USD 266.1 billion.

Price remains tied to the target gap

The latest analyst move puts the USD 185.00 target only 3.05 percent above the Nasdaq price. For investors, the key comparison is therefore the coming revenue performance against the USD 9.70 billion to USD 10.50 billion guidance range, not the target alone.

Qualcomm stock was trading at EUR 161.31 at Lang & Schwarz on October 26, 2026 at 4:48 p.m. CEST, 2.77 percent above the Tradegate close of October 23, 2026 at EUR 156.96. The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.