Qualcomm is analyzed, noting a 2.4 billion dollar acquisition of Alphawave IP. The stock is currently trading around $159, with an almost 10% increase over the last three months. However, it's down 6% over the last 52 weeks. Despite uncertainty, Wall Street analysts have a high target of $225 for Qualcomm. A large upside target does not always mean big gains, and Qualcomm looks stable but not explosive. The analyst is looking to see if the current state is the calm before the storm or just a sideways drift.