Qorvo, Inc. (QRVO)
NASDAQ: QRVO · Real-Time Price · USD
98.28
-5.69 (-5.47%)
At close: Jun 5, 2026, 4:00 PM EDT
95.14
-3.14 (-3.19%)
After-hours: Jun 5, 2026, 6:00 PM EDT

Qorvo Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Qorvo stock has a consensus rating of "Hold" and an average price target of $94.47. The average 1-year stock price forecast is 3.88% lower than the current stock price, while the lowest is $66 (-32.84%) and the highest is $128 (+30.24%).

Price Target: $94.47 (-3.88%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$66$94.47$98$128
Change-32.84%-3.88%-0.28%+30.24%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy344433
Buy000011
Hold191919181716
Sell000000
Strong Sell000011
Total222323222221

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Sell
Maintains
$66
SellMaintains$66-32.84%May 8, 2026
Citi
Citi
Hold
Maintains
$90$100
HoldMaintains$90$100+1.75%May 7, 2026
Unknown Analyst
Argus Research
No rating
Argus Research
Hold
Reiterates
n/a
HoldReiteratesn/an/aMay 7, 2026
TD Cowen
TD Cowen
Hold
Maintains
$80
HoldMaintains$80-18.60%May 6, 2026
Susquehanna
Susquehanna
Hold
Reiterates
$80
HoldReiterates$80-18.60%May 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.46B
from 3.68B
Decreased by -6.04%
Revenue Next Year
3.67B
from 3.46B
Increased by 6.22%
EPS This Year
6.90
from 7.00
Decreased by -1.42%
EPS Next Year
7.82
from 6.90
Increased by 13.34%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 2, 2022Apr 1, 2023Mar 30, 2024Mar 29, 2025Mar 28, 2026Mar 31, 2027
Revenue
4.65B3.57B3.77B3.72B3.68B3.46B
Revenue Growth
15.70%-23.17%5.61%-1.34%-1.09%-6.04%
Gross Profit
2.29B1.34B1.49B1.56B1.70B1.75B
Gross Margin
49.29%37.64%39.49%41.99%46.20%50.62%
Operating Income
1.30B309.67M395.34M388.86M551.28M779.97M
Net Income
1.03B103.15M-70.32M55.62M338.99M419.23M
EPS
----7.006.90
EPS Growth
----21.11%-1.42%
Forward PE
9.4333.5716.0513.9112.6614.24
Free Cash Flow
608.95M569.81M561.17M751.21M556.70M481.81M
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High3.5B
Avg3.5B
Low3.3B

Revenue Growth

Revenue Growth202720282029
High
-4.6%
Avg
-6.0%
Low
-10.0%

EPS Forecast

EPS202720282029
High-
Avg6.90
Low-

EPS Growth

EPS Growth202720282029
High-
Avg
-1.4%
Low-