Qorvo (QRVO) Projected to Post Earnings on Tuesday

Key Points

• Qorvo is scheduled to report its Q4 2026 results after the market closes on Tuesday, May 5, with analysts expecting earnings of $1.26 per share and revenue of about $801.3 million (conference call at 4:00 PM ET).
• In the prior quarter Qorvo beat estimates (EPS $2.17 vs. $1.93; revenue $993.0 million) and analysts forecast approximately $5 in EPS for the current fiscal year and $6 for the next fiscal year.
• The stock carries a consensus "Hold" rating with an average price target of $93.94; shares recently traded around $85.84, with a 52-week range of $62.34–$106.30 and a market cap near $7.96 billion.

Qorvo (NASDAQ:QRVO - Get Free Report) will likely be releasing its Q4 2026 results after the market closes on Tuesday, May 5th. Analysts expect Qorvo to post earnings of $1.26 per share and revenue of $801.3120 million for the quarter. Interested persons may visit the the company's upcoming Q4 2026 earning results page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 4:00 PM ET.

Qorvo (NASDAQ:QRVO - Get Free Report) last issued its earnings results on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share for the quarter, beating analysts' consensus estimates of $1.93 by $0.24. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The firm had revenue of $993.00 million for the quarter, compared to analyst estimates of $984.10 million. During the same quarter last year, the business posted $1.61 earnings per share. The company's quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts expect Qorvo to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qorvo Stock Performance

Shares of Qorvo stock opened at $85.84 on Tuesday. Qorvo has a fifty-two week low of $62.34 and a fifty-two week high of $106.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.67 and a quick ratio of 2.89. The firm has a market capitalization of $7.96 billion, a P/E ratio of 23.65, a P/E/G ratio of 1.39 and a beta of 1.34. The company's 50 day moving average price is $80.43 and its two-hundred day moving average price is $83.86.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QRVO. Craig Hallum cut their target price on shares of Qorvo from $110.00 to $95.00 and set a "buy" rating on the stock in a research report on Wednesday, January 28th. Benchmark restated a "hold" rating on shares of Qorvo in a research report on Wednesday, January 28th. Wolfe Research lowered shares of Qorvo from an "outperform" rating to a "peer perform" rating in a research report on Friday, April 17th. Weiss Ratings upgraded shares of Qorvo from a "sell (d+)" rating to a "hold (c)" rating in a report on Thursday, January 29th. Finally, Citigroup cut their price target on shares of Qorvo from $105.00 to $90.00 and set a "neutral" rating on the stock in a report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $93.94.

Hedge Funds Weigh In On Qorvo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its stake in shares of Qorvo by 215.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 338 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 231 shares during the period. Advisory Services Network LLC acquired a new position in Qorvo in the third quarter valued at $36,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in Qorvo by 60.0% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 480 shares of the semiconductor company's stock valued at $41,000 after buying an additional 180 shares during the period. Danske Bank A S acquired a new position in Qorvo in the third quarter valued at $109,000. Finally, Larson Financial Group LLC lifted its holdings in Qorvo by 54.6% in the third quarter. Larson Financial Group LLC now owns 1,294 shares of the semiconductor company's stock valued at $118,000 after buying an additional 457 shares during the period. 88.57% of the stock is owned by institutional investors and hedge funds.

About Qorvo

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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