Reported 20 days ago
Analysts have adjusted Qualcomm's stock price target in light of forthcoming earnings and ongoing legal disputes with Arm Holdings, which has recently canceled a license agreement with Qualcomm. The ongoing legal battle stems from allegations of breach of contract and trademark infringement. Despite the current uncertainty, analysts suggest the potential for a settlement exists, and Qualcomm's position in the smartphone market remains under scrutiny due to a decline in U.S. smartphone shipments.
Source: YAHOO