QUALCOMM Incorporated

$250.67

+$7.38 (3.03%)
Time to buy QCOM?
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Trader's Perspective

QCOM ran from roughly $201 in mid-May to $259.92 by May 30, 2026, off a post-earnings AI rerating and fresh automotive partnership news.

RANGE
Support: $242Current: $250.90 Target: $270
BEARISH SCENARIO

The stock has the potential to go down if it loses $242, with a retrace toward the $225 to $230 range possible. Any disappointment around handset demand, AI monetization, or muted guidance at Investor Day would accelerate the downside.

BULLISH SCENARIO

If QCOM holds the $242 to $246 support zone, a move back toward $260 to $270 is on the table. Resistance at $259.92 is the first hurdle, and a strong read-through from AI and automotive commentary would help.

CATALYSTS:
Analysis generated: May 30, 2026 at 12:18 PM ET

Top Gainers

Analyst Ratings

N/A
Average Price Target: $0
Based on 0 analyst ratings in the last 3 months
Sell
0
Hold
0
Buy
0

QUALCOMM Incorporated Earnings

We don't currently have information about QUALCOMM Incorporated's earnings.

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