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M Stanley: QUALCOMM Incorporated (QCOM.US) Smartphone Shipments Miss Expectations; TP Raised to USD146
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Morgan Stanley released a research report stating that smartphone shipments of QUALCOMM Incorporated (QCOM.US) have fallen short of expectations for two consecutive quarters, mainly due to memory price fluctuations affecting the Android smartphone market in China. The broker also expects the market share decline of Appell Petroleum Corp (APPL.US) to become evident in 2H26, while Samsung's market share is projected to revert to historical levels. M Stanley maintained an Underweight rating on QUALCOMM Incorporated, while raising its TP from USD132 to USD146. The broker said the stock may struggle to keep pace with peers that have more concrete positioning in the artificial intelligence sector, and the group's businesses outside of its automotive segment also appear to be under pressure. (sl/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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