Cantor Fitzgerald Lowers Qualcomm (QCOM) PT to $160, Cites Conservative Guidanc, Looming Market Share Shifts

3 weeks ago 13

Maham Fatima

Wed, February 4, 2026 astatine 7:09 AM CST 2 min read

Qualcomm Inc. (NASDAQ:QCOM) is 1 of the most undervalued prime stocks to bargain close now. On February 2, Cantor Fitzgerald lowered its terms people for Qualcomm to $160 from $185 portion keeping a Neutral rating.

Although the steadfast anticipates that Qualcomm volition transcend expectations for the December quarter, it expects the institution to contented blimpish guidance for the upcoming periods, modestly beneath statement for March and importantly beneath for June. This outlook is attributed to factors similar Apple’s reduced modem share, Samsung’s modulation to moving immoderate modems in-house, and a diminution successful the Chinese handset market.

On January 25, Mizuho expert Vijay Rakesh reduced the terms people for Qualcomm Inc. (NASDAQ:QCOM) to $160 from $175 with a Neutral standing pursuing an manufacture telephone regarding handsets. Rakesh informed investors that planetary handset estimates for 2026 are down 4% year-over-year, with further downside expected successful H2 of the twelvemonth owed to representation shortages and pricing issues. Consequently, the steadfast lowered terms targets crossed the sector.

Cantor Fitzgerald Lowers Qualcomm (QCOM) PT to $160, Cites Conservative Guidanc, Looming Market Share Shifts

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing astatine Fab. Semiconductor Packaging Process.

Qualcomm Inc. (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless manufacture worldwide. It operates done 3 segments: Qualcomm CDMA Technologies/QCT, Qualcomm Technology Licensing/QTL, and Qualcomm Strategic Initiatives/QSI.

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