Qorvo, Inc. (QRVO)

NASDAQ: QRVO · Real-Time Price · USD
84.21
+10.62 (14.43%)
At close: Jan 17, 2025, 4:00 PM
83.85
-0.36 (-0.43%)
After-hours: Jan 17, 2025, 7:59 PM EST
14.43%
Market Cap 7.96B
Revenue (ttm) 3.95B
Net Income (ttm) -141.22M
Shares Out 94.53M
EPS (ttm) -1.47
PE Ratio n/a
Forward PE 17.66
Dividend n/a
Ex-Dividend Date n/a
Volume 9,878,176
Open 78.00
Previous Close 73.59
Day's Range 77.21 - 84.48
52-Week Range 64.54 - 130.99
Beta 1.40
Analysts Hold
Price Target 91.63 (+8.81%)
Earnings Date Jan 28, 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 $91.63, which is an increase of 8.81% from the latest price.

Price Target
$91.63
(8.81% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

3 days 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.

3 days 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.

3 days 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.

3 days 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.

3 days 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.

3 days 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-...

13 days 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...

5 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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
2 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...

2 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
2 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...

2 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

2 months 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.

2 months 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.

2 months 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
2 months 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.

2 months 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...

2 months 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...

2 months 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...

2 months 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...

3 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
3 months ago - Schwab Network