After-hours movers: Alphabet, Broadcom, Snap, Qualcomm, e.l.f. Beauty

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Go back to After-hours movers: Alphabet, Broadcom, Snap, Qualcomm, e.l.f. Beauty

Qualcomm (QCOM) PT Lowered to $177 at Baird

February 5, 2026 8:11 AM UTC

Baird analyst Tristan Gerra lowered the price target on Qualcomm (NASDAQ: QCOM) to $177.00 (from $200.00) while maintaining a Outperform rating.

The analyst comments "DRAM shortages are negatively impacting Qualcomm's smartphone unit forecast for the year. Several handset OEMs, notably in China, are reducing... More