Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
78.81
+0.69 (0.88%)
Jun 6, 2025, 1:32 PM - Market open

Qorvo Stock Forecast

Stock Price Forecast

According to 18 professional analysts, the 12-month price target for Qorvo stock ranges from a low of $69 to a high of $120. The average analyst price target of $89.89 forecasts a 14.06% increase in the stock price over the next year.

Price Target: $89.89 (+14.06%)
Analyst Consensus: Hold
Target Low Average Median High
Price $69 $89.89 $90 $120
Change -12.45% +14.06% +14.20% +52.26%
* Price targets were last updated on Apr 30, 2025.

Analyst Ratings

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

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 222233
Buy 022222
Hold 131212121111
Sell 333322
Strong Sell 011111
Total 182020201919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$60$70
Hold Maintains $60$70 -11.18% Apr 30, 2025
Loop Capital
Loop Capital
Hold
Maintains
$90$75
Hold Maintains $90$75 -4.83% Apr 30, 2025
Benchmark
Benchmark
Strong Buy
Upgrades
$95
Strong Buy Upgrades $95 +20.54% Apr 30, 2025
Needham
Needham
Strong Buy
Maintains
$100$90
Strong Buy Maintains $100$90 +14.20% Apr 30, 2025
Barclays
Barclays
Hold
Maintains
$80$60
Hold Maintains $80$60 -23.87% Apr 22, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.74B
from 3.72B
Increased by 0.54%
Revenue Next Year
3.93B
from 3.74B
Increased by 5.22%
EPS This Year
5.52
from 0.58
Increased by 851.76%
EPS Next Year
6.58
from 5.52
Increased by 19.13%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Apr 3, 2021 Apr 2, 2022 Apr 1, 2023 Mar 30, 2024 Mar 29, 2025 Mar 31, 2026 Mar 31, 2027 Mar 31, 2028
Revenue
4.02B4.65B3.57B3.77B3.72B3.74B3.93B4.10B
Revenue Growth
23.96%15.70%-23.17%5.61%-1.34%0.54%5.22%4.19%
EPS
6.329.261.00-0.720.585.526.587.58
EPS Growth
125.71%46.52%-89.20%--851.76%19.13%15.26%
Forward PE
-----14.2811.9810.40
No. Analysts
-----28267
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 3.9B 4.2B 4.3B
Avg 3.7B 3.9B 4.1B
Low 3.5B 3.6B 3.9B

Revenue Growth

Revenue Growth 20262027202820292030
High
6.1%
11.6%
9.9%
Avg
0.5%
5.2%
4.2%
Low
-7.2%
-4.3%
-2.1%

EPS Forecast

EPS 20262027202820292030
High 6.26 7.62 8.35
Avg 5.52 6.58 7.58
Low 3.96 5.47 6.31

EPS Growth

EPS Growth 20262027202820292030
High
979.0%
38.1%
26.9%
Avg
851.8%
19.1%
15.3%
Low
582.6%
-0.9%
-4.0%
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.