Qorvo, Inc. (QRVO)
| Market Cap | 18.94B |
| Revenue (ttm) | 4.34B |
| Net Income (ttm) | 922.32M |
| Shares Out | 112.03M |
| EPS (ttm) | 8.00 |
| PE Ratio | 21.27 |
| Forward PE | 14.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,370,548 |
| Open | 171.42 |
| Previous Close | 175.30 |
| Day's Range | 167.87 - 171.80 |
| 52-Week Range | 123.08 - 201.68 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 217.19 (+27.7%) |
| Est. Earnings Date | Nov 3, 2021 |
About QRVO
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters, multiplexers and other components, radio frequency (RF) power management integrated circuits, antenna tuners, antenna-plexers, discrete filters and duplexers, discrete switches, and ultra-wideband (UWB) system solutions. It also provides integrate...
Financial Performance
In 2021, Qorvo's revenue was $4.02 billion, an increase of 23.96% compared to the previous year's $3.24 billion. Earnings were $733.61 million, an increase of 119.43%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for Qorvo stock is "Buy." The 12-month stock price forecast is 217.19, which is an increase of 27.70% from the latest price.
News
Qorvo (QRVO) Stock Moves -0.13%: What You Should Know
Qorvo (QRVO) closed the most recent trading day at $182.13, moving -0.13% from the previous trading session.
Qorvo (QRVO) Down 4.6% Since Last Earnings Report: Can It Rebound?
Qorvo (QRVO) reported earnings 30 days ago. What's next for the stock?
Qorvo® to Present at the Citi 2021 Global Technology Virtual Conference
GREENSBORO, N.C., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to...
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Jack In The Box (JACK), TechTarget (TTGT), PDC Energy (PDCE) & Qorvo (QRVO) at present flaunt striking earnings growth and positive estimate revisions.
Qorvo's (QRVO) Q1 Earnings & Revenues Beat Estimates, Up Y/Y
Qorvo's (QRVO) first-quarter fiscal 2022 results benefit from increased demand for 5G handsets and other connectivity solutions.
Thursday Afternoon Analyst Upgrades and Downgrades: Bath & Body Works, Editas, GoDaddy, PetMed, Qorvo and More
With the trading day about halfway over, S&P 500, Nasdaq and Dow Jones industrial average were pushing higher for a number of reasons.
Qorvo (QRVO) Q1 Earnings and Revenues Surpass Estimates
Qorvo (QRVO) delivered earnings and revenue surprises of 15.51% and 2.77%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Qorvo® Announces Fiscal 2022 First Quarter Financial Results
GREENSBORO, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal...
3 Radio Frequency Stocks to Tap on Increasing Demand for 5G
The pandemic-induced work-from-home wave and accelerated deployment of 5G enhance the prospects for the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS), Qorvo (QRVO) and Ako...
Why Qorvo (QRVO) Might Surprise This Earnings Season
Qorvo (QRVO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Qorvo (QRVO) to Report Q1 Earnings: What's in the Cards?
Qorvo's (QRVO) fiscal first-quarter results are likely to reflect continued strength in its 5G mobile products and Wi-Fi 6 devices, and increased demand for defense solutions.
Qorvo (QRVO) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Qorvo (QRVO) closed at $194.04, marking a +1.94% move from the previous day.
Qorvo (QRVO) Reports Next Week: Wall Street Expects Earnings Growth
Qorvo (QRVO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qorvo Biotechnologies Omnia™ SARS-CoV-2 Antigen Test Platform Validated in National Institutes of Health (NIH) Funded...
Independent study is an important step in verifying the quality of the Qorvo Omnia Antigen Test for use Independent study is an important step in verifying the quality of the Qorvo Omnia Antigen Test fo...
4 Stocks to Watch as Demand for Smartphones Makes a Comeback
Demand for smartphones is making a comeback in 2021 and sustain, aided by factors like 5G, making it wise to look at names like Jabil (JBL), Apple (AAPL), Micron (MU) and Qorvo (QRVO).
Qorvo (QRVO) Gains But Lags Market: What You Should Know
In the latest trading session, Qorvo (QRVO) closed at $193.09, marking a +0.88% move from the previous day.
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Qorvo® to Webcast Quarterly Earnings Conference Call on August 4, 2021
GREENSBORO, N.C., July 21, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, will host a conference call to review fiscal 2022 first q...
Qorvo (QRVO) Dips More Than Broader Markets: What You Should Know
Qorvo (QRVO) closed at $187.68 in the latest trading session, marking a -1.71% move from the prior day.
Why the Earnings Surprise Streak Could Continue for Qorvo (QRVO)
Qorvo (QRVO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Qorvo (QRVO) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Qorvo (QRVO) closed at $193.18, marking a -1.26% move from the previous day.
This Discounted Stock Is Driving 21st Century Device Communication: Argus Research
A bet on the growing demand for radio frequency solutions spanning several markets and a value discount to competitors has made Argus Research bullish on Qorvo, Inc. (NASDAQ:QRVO). The Qorvo Analyst: Ji...