A new soybean cultivar designated NQS 151, seeds of soybean cultivar NQS 151, plants of soybean cultivar NQS 151, plant parts of soybean cultivar NQS 151, methods for producing a soybean plant produced by crossing soybean cultivar NQS 151 with itself or with another soybean cultivar, and the creation of variants by mutagenesis or transformation of soybean cultivar NQS 151 are disclosed. Commercial commodity products from the seeds of soybean cultivar NQS 151, food products comprising these commercial commodity products, and methods for making the same are also disclosed.