Qorvo, Inc. (QRVO)
NASDAQ: QRVO · IEX Real-Time Price · USD
102.48
+3.01 (3.03%)
At close:
Mar 23, 2023, 4:00 PM
102.47
-0.01 (-0.01%)
After-hours:
Mar 23, 2023, 4:37 PM EDT
Stock Price Forecast
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Qorvo stock from 35 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '22 | Nov '22 | Dec '22 | Jan '23 | Feb '23 | Mar '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 13 | 10 | 10 | 10 | 9 | 9 |
| Hold | 19 | 22 | 22 | 20 | 21 | 22 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 35 | 36 | 34 | 34 | 35 |
Financial Forecast
Revenue This Year
3.63B
from 4.65B
Decreased by
-21.86%
Revenue Next Year
3.35B
from 3.63B
Decreased by
-7.85%
EPS This Year
5.87
from 9.26
Decreased by
-36.56%
EPS Next Year
4.42
from 5.87
Decreased by
-24.72%
| Year | 2017 | 2018 | 2019 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.97B | 3.09B | 3.24B | 4.02B | 4.65B | 3.63B | 3.35B | 3.98B | 4.91B | 5.52B |
| Revenue Growth | -1.95% | 3.93% | 4.82% | 23.96% | 15.70% | -21.86% | -7.85% | 18.83% | 23.57% | 12.40% |
| EPS | -0.32 | 1.05 | 2.80 | 6.32 | 9.26 | 5.87 | 4.42 | 7.83 | 11.31 | 12.96 |
| EPS Growth | - | - | 166.67% | 125.71% | 46.52% | -36.56% | -24.72% | 77.09% | 44.46% | 14.61% |
| No. Analysts | - | - | - | - | - | 30 | 30 | 18 | 4 | 3 |
Revenue Forecast
| Revenue | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 3.8B | 3.8B | 4.6B | 5.3B | 5.7B |
| Avg | 3.6B | 3.3B | 4.0B | 4.9B | 5.5B |
| Low | 3.5B | 2.8B | 3.2B | 4.4B | 5.3B |
Revenue Growth
| Revenue Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | -19.2%
| 4.4%
| 37.9%
| 34.6%
| 15.7%
|
| Avg | -21.9%
| -7.9%
| 18.8%
| 23.6%
| 12.4%
|
| Low | -25.0%
| -23.3%
| -4.6%
| 11.8%
| 8.0%
|
EPS Forecast
| EPS | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | 6.20 | 6.45 | 11.48 | 12.44 | 13.35 |
| Avg | 5.87 | 4.42 | 7.83 | 11.31 | 12.96 |
| Low | 4.74 | 2.30 | 4.66 | 10.12 | 12.46 |
EPS Growth
| EPS Growth | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| High | -33.1%
| 9.8%
| 159.5%
| 58.9%
| 18.0%
|
| Avg | -36.6%
| -24.7%
| 77.1%
| 44.5%
| 14.6%
|
| Low | -48.8%
| -60.8%
| 5.5%
| 29.3%
| 10.1%
|
Sources: Price target, rating and forecast data provided by Finnhub and sourced from Wall Street analysts and other sell-side and buy-side analysts and investors. Data disclaimer.