Qorvo Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Qorvo stock have an average target of 91.65, with a low estimate of 69 and a high estimate of 120. The average target predicts an increase of 28.18% from the current stock price of 71.50.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$69	$91.65	$90	$120
Change	-3.50%	+28.18%	+25.87%	+67.83%

* Price targets were last updated on Jan 29, 2025.

Analyst Ratings

The average analyst rating for Qorvo stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	2	2	2
Hold	15	13	13	12	12	12
Sell	3	3	3	3	3	2
Strong Sell	0	0	0	1	1	1
Total	20	18	18	20	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gary Mobley Loop Capital	Loop Capital	Hold Maintains $80 → $90	Hold	Maintains	$80 → $90	+25.87%	Jan 29, 2025
Ruben Roy Stifel	Stifel	Hold Maintains $95 → $90	Hold	Maintains	$95 → $90	+25.87%	Jan 29, 2025
Cody Acree Benchmark	Benchmark	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jan 29, 2025
Atif Malik Citigroup	Citigroup	Strong Sell Maintains $72 → $69	Strong Sell	Maintains	$72 → $69	-3.50%	Jan 29, 2025
Quinn Bolton Needham	Needham	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+39.86%	Jan 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.77B

from 3.77B

0.12%

from 3.77B

Revenue Next Year

3.75B

from 3.77B

-0.64%

from 3.77B

EPS This Year

5.40

from -0.72

EPS Next Year

5.63

from 5.40

4.26%

from 5.40

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 28, 2020	Apr 3, 2021	Apr 2, 2022	Apr 1, 2023	Mar 30, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	3.24B	4.02B	4.65B	3.57B	3.77B	3.77B	3.75B	3.98B
Revenue Growth	4.82%	23.96%	15.70%	-23.17%	5.61%	0.12%	-0.64%	6.11%
EPS	2.80	6.32	9.26	1.00	-0.72	5.40	5.63	6.87
EPS Growth	166.67%	125.71%	46.52%	-89.20%	-	-	4.26%	22.03%
Forward PE	-	-	-	-	-	13.25	12.71	10.41
No. Analysts	-	-	-	-	-	29	29	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.9B	4.1B	4.4B
Avg	3.8B	3.8B	4.0B
Low	3.6B	3.5B	3.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	3.2%	7.7%	17.5%
Avg	0.1%	-0.6%	6.1%
Low	-4.0%	-7.7%	-1.7%

EPS Forecast

EPS	2025	2026	2027
High	5.64	6.43	7.89
Avg	5.40	5.63	6.87
Low	3.85	4.17	5.64

EPS Growth

EPS Growth	2025	2026	2027
High	-	19.1%	40.2%
Avg	-	4.3%	22.0%
Low	-	-22.6%	0.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.