Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
59.88
+0.76 (1.29%)
Apr 23, 2025, 4:00 PM EDT - Market closed

Qorvo Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Qorvo stock have an average target of 90.47, with a low estimate of 60 and a high estimate of 120. The average target predicts an increase of 51.09% from the current stock price of 59.88.

Analyst Consensus: Hold
Target Low Average Median High
Price $60 $90.47 $90 $120
Change +0.20% +51.09% +50.30% +100.40%

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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 222222
Buy 002222
Hold 131312121212
Sell 333332
Strong Sell 001111
Total 181820202019

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$80$60
Hold Maintains $80$60 +0.20% Apr 22, 2025
Loop Capital
Loop Capital
Hold
Maintains
$80$90
Hold Maintains $80$90 +50.30% Jan 29, 2025
Stifel
Stifel
Hold
Maintains
$95$90
Hold Maintains $95$90 +50.30% Jan 29, 2025
Benchmark
Benchmark
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Jan 29, 2025
Citigroup
Citigroup
Strong Sell
Maintains
$72$69
Strong Sell Maintains $72$69 +15.23% Jan 29, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.77B
from 3.77B
Increased by 0.12%
Revenue Next Year
3.74B
from 3.77B
Decreased by -0.79%
EPS This Year
5.39
from -0.72
EPS Next Year
5.66
from 5.39
Increased by 4.89%
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
3.24B4.02B4.65B3.57B3.77B3.77B3.74B3.97B
Revenue Growth
4.82%23.96%15.70%-23.17%5.61%0.12%-0.79%5.98%
EPS
2.806.329.261.00-0.725.395.666.86
EPS Growth
166.67%125.71%46.52%-89.20%--4.89%21.24%
Forward PE
-----11.1010.598.73
No. Analysts
-----282819
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 3.9B 3.9B 4.2B
Avg 3.8B 3.7B 4.0B
Low 3.6B 3.5B 3.7B

Revenue Growth

Revenue Growth 20252026202720282029
High
3.2%
3.6%
12.2%
Avg
0.1%
-0.8%
6.0%
Low
-4.0%
-7.7%
-1.6%

EPS Forecast

EPS 20252026202720282029
High 5.66 6.43 7.89
Avg 5.39 5.66 6.86
Low 3.85 4.17 5.64

EPS Growth

EPS Growth 20252026202720282029
High -
19.1%
39.4%
Avg -
4.9%
21.2%
Low -
-22.6%
-0.2%
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.