Qorvo, Inc. (QRVO)

NASDAQ: QRVO · Real-Time Price · USD
75.63
+2.72 (3.73%)
Mar 25, 2025, 4:00 PM EST - Market closed
3.73%
Market Cap 7.06B
Revenue (ttm) 3.79B
Net Income (ttm) 26.99M
Shares Out 93.40M
EPS (ttm) 0.28
PE Ratio 267.48
Forward PE 14.72
Dividend n/a
Ex-Dividend Date n/a
Volume 1,770,572
Open 72.44
Previous Close 72.91
Day's Range 72.44 - 75.85
52-Week Range 64.54 - 130.99
Beta 1.48
Analysts Hold
Price Target 91.65 (+21.18%)
Earnings Date Apr 30, 2025

About QRVO

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for defense and aerospace, and 5G and 6G infrastructure markets. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zig... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 3, 1997
Employees 8,700
Stock Exchange NASDAQ
Ticker Symbol QRVO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for QRVO stock is "Hold." The 12-month stock price forecast is $91.65, which is an increase of 21.18% from the latest price.

Price Target
$91.65
(21.18% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Qorvo's Business Turn Around:  A Long And Winding Road

Qorvo shifts focus to premium 5G products, abandoning mid-tier Android markets, impacting revenue but improving long-term margins and growth prospects. Management projects single-digit decline in ACG ...

5 weeks ago - Seeking Alpha

Qorvo: Solid Earnings Beat, But ACG Division Pressures Are Likely To Persist

Over the past year, Qorvo, Inc. has underperformed other mid-caps and semiconductor stocks, losing ground by 17%. The Q3-25 results announced yesterday after market hours could have helped reverse the...

7 weeks ago - Seeking Alpha

QRVO Down & ASML Up: Impacts from DeepSeek & AAPL Growth

Qorvo Inc. (QRVO) ticked lower after its earnings initially rallied the stock. Jenny Horne talks about how Apple's (AAPL) iPhone sales played a role in trimming back its stock price.

Other symbols: AAPLASML
7 weeks ago - Schwab Network

Qorvo Analysts Slash Their Forecasts After Q3 Results

Qorvo, Inc. QRVO reported better-than-expected third-quarter financial results after Tuesday's closing bell.

7 weeks ago - Benzinga

Qorvo, Inc. (QRVO) Q3 2025 Earnings Call Transcript

Qorvo, Inc. (NASDAQ:QRVO) Q3 2025 Earnings Conference Call January 28, 2025 4:30 PM ET Company Participants Douglas DeLieto - Vice President and Investor Relations Bob Bruggeworth - President and Chi...

2 months ago - Seeking Alpha

Apple supplier Qorvo sees swift reversal in stock price after warning of weakness in smartphone parts

Qorvo shares initially surged more than 13% after the company reported better-than-expected earnings, but reversed due to comments made about sales to its "largest customer." "For FY 2026, we're curre...

2 months ago - CNBC

Qorvo® Announces Fiscal 2025 Third Quarter Financial Results

GREENSBORO, N.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025...

2 months ago - GlobeNewsWire

Starboard takes a stake in Qorvo. Here are the steps the activist may take to improve margins

The activist investor is familiar with Qorvo, dating back to one of its predecessor companies.

2 months ago - CNBC

Qorvo Could Achieve $9.63 EPS By 2026 With Activist Involvement, Morgan Stanley Upgrades Stock

Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. QRVO to Overweight from Equal-Weight, raising the price forecast to $106 from $90.

2 months ago - Benzinga

Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker

Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.

2 months ago - Investopedia

Qorvo Stock Pops After Starboard Takes a Stake in the Apple Supplier: What to Know

Qorvo stock is soaring Friday after activist investor Starboard Value disclosed a new stake in the Apple supplier. Here's what investors need to know.

2 months ago - Kiplinger

Activist investor Starboard Value takes 7.7% stake in chipmaker Qorvo

Starboard Value has built a 7.7% stake in Qorvo , the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.

2 months ago - Reuters

Qorvo Stock Jumps After Report Says Activist Starboard Builds Stake in Chip Maker

The activist investor has amassed a 7.7% stake in Qorvo, according to a report from The Wall Street Journal.

2 months ago - Barrons

Starboard builds stake in Qorvo, WSJ reports

Activist investor Starboard Value has built a 7.7% stake in Qorvo , the Wall Street Journal reported on Thursday, citing people familiar with the matter.

2 months ago - Reuters

Starboard Builds Big Stake in Chip Maker Qorvo

The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.

2 months ago - WSJ

Qorvo® Automotive-Qualified UWB SoC Drives Innovation with Configurable Software

GREENSBORO, N.C., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that its QPF5100Q Ultra-Wideband (UWB) System-...

2 months ago - GlobeNewsWire

Qorvo, Inc. (QRVO) Barclays 22nd Annual Global Technology Conference (Transcript)

Qorvo, Inc. (NASDAQ:QRVO) Barclays 22nd Annual Global Technology Conference December 12, 2024 12:50 PM ET Company Participants Grant Brown - Senior Vice President and Chief Financial Officer Dave Ful...

3 months ago - Seeking Alpha

Qorvo® Receives 2024 Most Respected Public Semiconductor Company Award from the GSA

GREENSBORO, N.C., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, has received the 2024 award for Most Respected Public Semicond...

3 months ago - GlobeNewsWire

Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

3 months ago - PRNewsWire

Qorvo® to Present at the Barclays 22nd Annual Global Technology Conference

GREENSBORO, N.C., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that Company executives are scheduled to prese...

3 months ago - GlobeNewsWire

Top 3 Tech Stocks Which Could Rescue Your Portfolio In Q4

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: INGMMPWR
4 months ago - Benzinga

CGD and Qorvo Set to Revolutionize Motor Control Solutions

CAMBRIDGE, England--(BUSINESS WIRE)--Cambridge GaN Devices (CGD), the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics pos...

4 months ago - Business Wire

Top 3 Tech Stocks You'll Regret Missing In November

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: ASMLSMCI
4 months ago - Benzinga

Upgrading Qorvo To A Buy: Time To Restart The Engine

Qorvo reported earnings in late October and the stock is down a staggering 29% since on underwhelming guidance. I am upgrading QRVO stock to buy as I think it has hit bottom and should see a U-turn in...

5 months ago - Seeking Alpha

Qorvo® Selected by MediaTek as Key Supplier for the Inaugural Wave of Wi-Fi 7 FEMs Used in MediaTek Dimensity 9400

Qorvo Wi-Fi 7 FEMs Optimized to Support MediaTek MT6653 WI-FI 7/Bluetooth® Combo Chip Qorvo Wi-Fi 7 FEMs Optimized to Support MediaTek MT6653 WI-FI 7/Bluetooth® Combo Chip

5 months ago - GlobeNewsWire