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QCOM Stock Warning: Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here
Yahoo Finance· 2026-03-21 02:39
On March 16, Seaport Research downgraded Qualcomm (QCOM) stock to a “Sell” rating, assigning a price target of $100. The stock currently trades 30% above this level, which means that analysts are looking at significant downside in the coming weeks. Seaport Research isn’t the only firm that rates QCOM stock as a “Sell.” Bank of America Securities and Morgan Stanley are also bearish on its prospects, assigning “Underperform” and “Underweight” ratings with price targets of $145 and $132, respectively. Over t ...