Qualcomm has multiple paths to a higher stock price.
Elliott makes strong case for a $135 deal price and Qualcomm can probably afford to pay the higher price.
Either way, the lingering NXP Semi. deal is holding back EPS growth as Qualcomm had additional path to boost EPS numbers.
As the outcome of the NXP Semi. (NXPI) merger lingers on, Qualcomm(QCOM) shareholders just want closure on the deal. The company has multiple paths to higher earnings, but the NXP Semi. deal must get out of the way first.