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QCOM Price Prediction: Analyst target cuts meet a still-unproven rebound

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QCOM Price Prediction: Analyst target cuts meet a still-unproven rebound

Qualcomm Tokenized Stock (QCOM) closed at $165.97 after a 3.12% 24-hour gain, with the session range spanning $159.72 to $168.32 and futures volume at $16,485,435. On November 5, 2026, Rosenblatt S...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

QCOM finished at $165.97, up 3.12% over the past 24 hours, after trading between $159.72 and $168.32. The price sits above the 7-day SMA of $163.29 and the pivot point at $164.67, but below the 20-day SMA of $171.46 and the 50-day SMA of $178.84. That leaves the recent bounce intact, while the broader trend still points lower than the current spot price.

The clearest fundamental update came on November 5, 2026. Rosenblatt Securities reduced its price target from $235 to $205 and kept a Buy rating. TD Cowen lowered its target from $200 to $185 and also kept a Buy rating. UBS Group cut its target from $185 to $180 and maintained a Neutral rating. Those revisions narrow the reported target range, but all three targets remain above the current QCOM price.

The indicator mix is balanced rather than decisive. 36 is in neutral territory, which fits a market that has recovered from weakness without showing strong momentum. 0000, so the data do not show a clear momentum expansion yet. 66 for %D also point to a market that is recovering, but not stretched.



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