Qorvo, Inc. (QRVO)

NASDAQ: QRVO · Real-Time Price · USD
70.85
+2.05 (2.98%)
At close: Dec 20, 2024, 4:00 PM
71.03
+0.18 (0.25%)
After-hours: Dec 20, 2024, 6:44 PM EST
2.98%
Market Cap 6.70B
Revenue (ttm) 3.95B
Net Income (ttm) -141.22M
Shares Out 94.53M
EPS (ttm) -1.47
PE Ratio n/a
Forward PE 14.87
Dividend n/a
Ex-Dividend Date n/a
Volume 17,806,498
Open 68.91
Previous Close 68.80
Day's Range 68.18 - 71.31
52-Week Range 64.54 - 130.99
Beta 1.41
Analysts Hold
Price Target 96.31 (+35.94%)
Earnings Date Jan 29, 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 18 analysts, the average rating for QRVO stock is "Hold." The 12-month stock price forecast is $96.31, which is an increase of 35.94% from the latest price.

Price Target
$96.31
(35.94% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

8 days 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...

12 days 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...

14 days 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...

16 days 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 weeks 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...

5 weeks 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
6 weeks 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...

7 weeks 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

7 weeks ago - GlobeNewsWire

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

7 weeks ago - Market Watch

Qorvo Stock Plummets After Chipmaker Posts Surprise Loss, Warns of Slump

Shares of Qorvo (QRVO) plunged more than 25% Wednesday afternoon when the radio frequency and power chipmaker posted a surprising loss and warned of a continuing slowdown in its business.

7 weeks ago - Investopedia

O-I Glass Posts Downbeat Results, Joins AMD, Qorvo And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Wednesday.

Other symbols: AMD
7 weeks ago - Benzinga

Qorvo Stock Tumbles 19% After Earnings Beat. Here's Why.

The radio-frequency chip maker beats quarterly earnings and sales estimates but issues disappointing guidance.

7 weeks ago - Barrons

Qorvo, Inc. (QRVO) Q2 2025 Earnings Call Transcript

Qorvo, Inc. (NASDAQ:QRVO) Q2 2025 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Robert Bruggeworth - President and Chi...

7 weeks ago - Seeking Alpha

Qorvo forecasts third-quarter results below estimates; shares down

Chipmaker Qorvo on Tuesday forecast third-quarter revenue and profit below Wall Street estimates, pressured by stiff competition and a consumer shift towards entry-tier smartphones, sending the compan...

7 weeks ago - Reuters

Qorvo® Announces Fiscal 2025 Second Quarter Financial Results

GREENSBORO, N.C., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025...

7 weeks ago - GlobeNewsWire

Qorvo® to Webcast Quarterly Earnings Conference Call on October 29, 2024

GREENSBORO, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 second quart...

2 months ago - GlobeNewsWire

NVDA Price Target Hike, QRVO Downgrade, BA Complaint Against Union

Nvidia (NVDA) continues to show its dominance in the A.I. space after getting a price target hike from Goldman Sachs.

Other symbols: NVDABA
2 months ago - Schwab Network

Qorvo (QRVO) Stock Dips Amid Semiconductor Sector's Slight Decline

Qorvo, Inc. (QRVO, Financial) saw a notable drop in its stock price, falling by 1.99% to $99.97 per share. The trading volume reached 348,362 shares, with a turnover rate of 0.37% and a price fluctuat...

2 months ago - GuruFocus

Qorvo Inc (QRVO) Trading 2.95% Higher on Oct 2

Shares of Qorvo Inc (QRVO, Financial) surged 2.95% in mid-day trading on Oct 2. The stock reached an intraday high of $102.96, before settling at $102.72, up from its previous close of $99.78.

2 months ago - GuruFocus

Qorvo, Inc. (QRVO) Goldman Sachs Communacopia + Technology Conference (Transcript)

Qorvo, Inc. (NASDAQ:QRVO) Goldman Sachs Communacopia + Technology Conference September 10, 2024 7:25 PM ET Company Participants Grant Brown - Senior Vice President and Chief Financial Officer Philip ...

3 months ago - Seeking Alpha

Qorvo® to Present at the Goldman Sachs Communacopia + Technology Conference

GREENSBORO, N.C., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that Company executives are scheduled to prese...

4 months ago - GlobeNewsWire

Qorvo: AI-Related Gains With Apple, Cost Optimization, And Potential Fed Easing

Qorvo's stock is a buy due to expected Federal Reserve rate cuts and Apple's AI-capable devices, despite recent dips and competition. The company is optimizing manufacturing, transitioning to larger w...

4 months ago - Seeking Alpha

Qorvo, Inc. (QRVO) Q1 2025 Earnings Call Transcript

Qorvo, Inc. (NASDAQ:QRVO) Q1 2025 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Robert Bruggeworth - President and Chief ...

5 months ago - Seeking Alpha

Qorvo beats first quarter revenue estimates on upbeat chip demand

Chipmaker Qorvo beat Wall Street expectations for first-quarter revenue on Tuesday, as it benefited from a rise in orders due to a recovery in the smartphone market.

5 months ago - Reuters