Credit Industriel ET Commercial Buys New Stake in Qorvo, Inc. $QRVO

Key Points

• Credit Industriel ET Commercial bought 61,800 shares of Qorvo in Q4 (~$5.22M), taking about a 0.07% stake; overall institutional ownership stands around 88.57%.
• Qorvo beat Q4 estimates with non‑GAAP EPS of $1.69 (vs. $1.21) and $808.3M revenue, and management set FY‑2027 EPS guidance at 7.00, above Street expectations, supporting buyer interest.
• Despite the beat, revenue fell ~7% year‑over‑year and inventories rose, posing near‑term risks to growth and margins while analysts hold a consensus Hold rating with an average price target of $93.94.

Credit Industriel ET Commercial bought a new stake in Qorvo, Inc. (NASDAQ:QRVO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,800 shares of the semiconductor company's stock, valued at approximately $5,223,000. Credit Industriel ET Commercial owned about 0.07% of Qorvo at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Garner Asset Management Corp purchased a new position in Qorvo in the fourth quarter valued at $101,000. Wolverine Asset Management LLC purchased a new position in Qorvo in the fourth quarter valued at $1,132,000. Innealta Capital LLC purchased a new position in Qorvo in the fourth quarter valued at $213,000. Interchange Capital Partners LLC purchased a new position in Qorvo in the fourth quarter valued at $273,000. Finally, Certuity LLC purchased a new position in Qorvo in the fourth quarter valued at $333,000. Hedge funds and other institutional investors own 88.57% of the company's stock.

Wall Street Analysts Forecast Growth

QRVO has been the topic of several recent analyst reports. TD Cowen dropped their target price on Qorvo from $95.00 to $80.00 and set a "hold" rating on the stock in a report on Wednesday, January 28th. Barclays raised Qorvo from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $95.00 to $100.00 in a report on Wednesday, April 22nd. Piper Sandler reissued a "neutral" rating on shares of Qorvo in a report on Wednesday, January 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Qorvo in a report on Monday, April 27th. Finally, Citigroup cut their target price on Qorvo from $105.00 to $90.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $93.94.

Trending Headlines about Qorvo

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Q4 / Q1 results materially beat estimates — non‑GAAP EPS of $1.69 topped consensus (~$1.21) and revenue of $808.3M slightly beat expectations, showing stronger profitability than analysts modeled. Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Company set FY‑2027 EPS guidance at 7.00 — above the Street consensus (~6.53), a meaningful beat that signals management confidence in future earnings and is a primary reason buyers are supporting the stock. Qorvo Announces Fiscal 2026 Fourth Quarter Financial Results
• Positive Sentiment: Strong non‑GAAP margins and operating income — non‑GAAP gross margin ~52.6% and sizable non‑GAAP operating income ($190.2M) support higher profit forecasts and improve cash‑flow visibility. Qorvo Announces Fiscal 2026 Fourth Quarter Financial Results
• Neutral Sentiment: Recent share price momentum has drawn attention to valuation — after the run higher investors and analysts are reassessing whether the current multiple fairly reflects the improved guidance and profit metrics. Qorvo (QRVO) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Revenue is down year‑over‑year (≈7% decline) despite the beat — suggests demand softness in some end markets that could pressure growth if not reversed. Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates
• Negative Sentiment: Inventory levels increased heading into the quarter — raises near‑term risk to margins and future shipments if channel stocking persists rather than end‑market recovery. Qorvo NASDAQ: QRVO Q1: Beats On Revenue But Inventory Levels Increase

Qorvo Stock Up 4.1%

QRVO opened at $96.35 on Wednesday. The business's 50-day simple moving average is $81.03 and its 200-day simple moving average is $83.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.89 and a current ratio of 3.67. Qorvo, Inc. has a one year low of $69.03 and a one year high of $106.30. The stock has a market capitalization of $8.93 billion, a P/E ratio of 26.54, a price-to-earnings-growth ratio of 1.46 and a beta of 1.42.

Qorvo (NASDAQ:QRVO - Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.48. Qorvo had a return on equity of 14.57% and a net margin of 9.11%.The business had revenue of $808.30 million for the quarter, compared to analysts' expectations of $801.31 million. During the same quarter in the previous year, the firm earned $1.42 earnings per share. The business's revenue was down 7.0% compared to the same quarter last year. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Analysts anticipate that Qorvo, Inc. will post 5.29 EPS for the current year.

Qorvo Profile

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo's product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.

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