Qualcomm Stock Forecast

Buy or Hold candidate since Apr 27, 2026 Gain 66.38%

The QUALCOMM stock price gained 3.81% on the last trading day (Wednesday, 3rd Jun 2026), rising from $240.84 to $250.01. During the last trading day the stock fluctuated 9.47% from a day low at $233.02 to a day high of $255.09. The price has risen in 8 of the last 10 days and is up by 27.81% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 19 million shares were bought and sold for approximately $4.82 billion.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $256.97 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 94.62% during the next 3 months and, with a 90% probability hold a price between $368.77 and $500.12 at the end of this 3-month period.

QCOM Signals & Forecast

The QUALCOMM stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $242.34 and $191.14. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 29, 2026, and so far it has fallen -0.402%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for QUALCOMM stock

QUALCOMM finds support from accumulated volume at $237.53 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $22.07 between high and low, or 9.47%. For the last week, the stock has had daily average volatility of 7.13%.

Our recommended stop-loss: $240.27 (-3.90%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (QCOM) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect QUALCOMM Incorporated to open at $246.04, and during the day (based on 14 day Average True Range), to move between $241.38 and $258.64, which gives a possible trading interval of +/-$17.27 (+/-7.15%) up or down from last closing price. If QUALCOMM Incorporated takes out the full calculated possible swing range there will be an estimated 7.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $251.02 (0.40%) than the support at $237.53 (4.99%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For QCOM

Notice for QCOM: Ex-dividend date was Thursday 4th June, 2026. The dividend was $0.92.

Is QUALCOMM Incorporated stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for QUALCOMM stock to perform well in the short-term.

Current score: 2.817 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $246.04 ( 1.59%).

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