S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NASDAQ:QRVO

Qorvo Stock Forecast, Price & News

$161.51
+8.78 (+5.75%)
(As of 12/7/2021 04:00 PM ET)
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Today's Range
$154.16
$163.95
50-Day Range
$146.10
$178.12
52-Week Range
$142.17
$201.68
Volume
2.16 million shs
Average Volume
1.16 million shs
Market Capitalization
$17.80 billion
P/E Ratio
16.67
Dividend Yield
N/A
Beta
1.38
30 days | 90 days | 365 days | Advanced Chart
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Qorvo logo

About Qorvo

Qorvo, Inc. engages in the provision of development and commercialization of technologies and products for wireless and wired connectivity. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment is involved in supplyingof cellular, UWB, and Wi-Fi solutions for applications, including smartphones, wearables, laptops, tablets, and Internet of things. The Infrastructure & Defense Products segment is involved in supplying of RF, system-on-a-chip and power management solutions for applications in wireless infrastructure, defense, Wi-Fi, smart home, automotive, and Internet of things. The firm's products include amplifiers, control products, discrete transistors, filters & duplexers, frequency converters & sources, integrated products, optical components, passives, power management products, switches, and wireless connectivity products. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:QRVO
Fax
N/A
Employees
8,400
Year Founded
2015

Sales & Book Value

Annual Sales
$4.02 billion
Cash Flow
$14.68 per share
Book Value
$42.89 per share

Profitability

Net Income
$733.61 million
Pretax Margin
25.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
109,650,000
Market Cap
$17.80 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Today
12/08/2021
Next Earnings (Estimated)
2/02/2022
Fiscal Year End
3/31/2022

Social Links


MarketRank

Overall MarketRank

2.69 out of 5 stars

Computer And Technology Sector

88th out of 897 stocks

Semiconductors & Related Devices Industry

14th out of 119 stocks

Analyst Opinion: 4.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Qorvo (NASDAQ:QRVO) Frequently Asked Questions

Is Qorvo a buy right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 10 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Qorvo stock.
View analyst ratings for Qorvo
or view top-rated stocks.

How has Qorvo's stock price been impacted by Coronavirus (COVID-19)?

Qorvo's stock was trading at $89.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, QRVO stock has increased by 80.6% and is now trading at $161.51.
View which stocks have been most impacted by COVID-19
.

When is Qorvo's next earnings date?

Qorvo is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for Qorvo
.

How were Qorvo's earnings last quarter?

Qorvo, Inc. (NASDAQ:QRVO) posted its quarterly earnings results on Wednesday, November, 3rd. The semiconductor company reported $3.42 EPS for the quarter, beating the consensus estimate of $3.25 by $0.17. The semiconductor company had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. Qorvo had a net margin of 24.37% and a trailing twelve-month return on equity of 28.16%. During the same period last year, the firm posted $2.17 EPS.
View Qorvo's earnings history
.

What guidance has Qorvo issued on next quarter's earnings?

Qorvo issued an update on its third quarter 2022 earnings guidance on Wednesday, November, 10th. The company provided earnings per share guidance of $2.750-$2.750 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.260. The company issued revenue guidance of $1.09 billion-$1.12 billion, compared to the consensus revenue estimate of $1.25 billion.

What price target have analysts set for QRVO?

22 analysts have issued twelve-month price objectives for Qorvo's shares. Their forecasts range from $170.00 to $245.00. On average, they anticipate Qorvo's share price to reach $203.23 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price.
View analysts' price targets for Qorvo
or view top-rated stocks among Wall Street analysts.

Who are Qorvo's key executives?

Qorvo's management team includes the following people:

What is Robert Bruggeworth's approval rating as Qorvo's CEO?

90 employees have rated Qorvo CEO Robert Bruggeworth on Glassdoor.com. Robert Bruggeworth has an approval rating of 72% among Qorvo's employees.

What other stocks do shareholders of Qorvo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Qorvo investors own include Skyworks Solutions (SWKS), NVIDIA (NVDA), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Intel (INTC), salesforce.com (CRM), Alibaba Group (BABA), Tesla (TSLA) and Cisco Systems (CSCO).

What is Qorvo's stock symbol?

Qorvo trades on the NASDAQ under the ticker symbol "QRVO."

Who are Qorvo's major shareholders?

Qorvo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.46%), Baupost Group LLC MA (4.61%), Vulcan Value Partners LLC (3.93%), Boston Partners (3.54%), Capital Research Global Investors (2.48%) and Geode Capital Management LLC (1.93%). Company insiders that own Qorvo stock include Gina Harrison, James L Klein, James L Klein, John R Harding, Mark J Murphy, Paul J Fego, Robert A Bruggeworth, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston and Walter H Wilkinson.
View institutional ownership trends for Qorvo
.

Which major investors are selling Qorvo stock?

QRVO stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Robeco Schweiz AG, Iridian Asset Management LLC CT, Baupost Group LLC MA, Panagora Asset Management Inc., Morgan Stanley, American Century Companies Inc., and Candriam Luxembourg S.C.A.. Company insiders that have sold Qorvo company stock in the last year include Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Paul J Fego, Robert A Bruggeworth, Roderick Nelson, and Steven E Creviston.
View insider buying and selling activity for Qorvo
or view top insider-selling stocks.

Which major investors are buying Qorvo stock?

QRVO stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Renaissance Technologies LLC, Jupiter Asset Management Ltd., Balyasny Asset Management LLC, Balyasny Asset Management LLC, PEAK6 Investments LLC, Vulcan Value Partners LLC, and Point72 Asset Management L.P..
View insider buying and selling activity for Qorvo
or or view top insider-buying stocks.

How do I buy shares of Qorvo?

Shares of QRVO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Qorvo's stock price today?

One share of QRVO stock can currently be purchased for approximately $161.51.

How much money does Qorvo make?

Qorvo has a market capitalization of $17.80 billion and generates $4.02 billion in revenue each year. The semiconductor company earns $733.61 million in net income (profit) each year or $9.69 on an earnings per share basis.

How many employees does Qorvo have?

Qorvo employs 8,400 workers across the globe.

Does Qorvo have any subsidiaries?

The following companies are subsidiares of Qorvo: Active-Semi International Inc., Amalfi Semiconductor Inc., Cavendish Kinetics, DecaWave, GreenPeak Technologies, Premier Devices – A Sirenza Company, Qorvo Asia LLC, Qorvo Beijing Co. Ltd., Qorvo Belgium NV, Qorvo Biotechnologies LLC, Qorvo California Inc., Qorvo Costa Rica S.R.L., Qorvo Denmark ApS, Qorvo Dezhou Co. Ltd., Qorvo Europe Holding Company, Qorvo Finland Oy, Qorvo Germany GmbH, Qorvo Germany Holding GmbH, Qorvo Hong Kong Holding Pvt. Limited, Qorvo Hong Kong Limited, Qorvo International Holding Inc., Qorvo International Pte. Ltd., Qorvo International Services Inc., Qorvo Japan YK, Qorvo Korea Ltd., Qorvo Malaysia Sdn Bhd, Qorvo Munich GmbH, Qorvo Netherlands B.V., Qorvo Netherlands Holding B.V., Qorvo Oregon Inc., Qorvo Shanghai Ltd., Qorvo Singapore Pte. Ltd., Qorvo Texas LLC, Qorvo UK Ltd., Qorvo US Inc., Qorvo Utrecht B.V., RF Micro Devices, RF Micro Devices Svenska AB, RFMD (UK) Limited, RFMD Infrastructure Product Group Inc., RFMD LLC, TriQuint Semiconductor, TriQuint WJ Inc., WJ Newco LLC, and Xemod Incorporated.

When was Qorvo founded?

Qorvo was founded in 2015.

What is Qorvo's official website?

The official website for Qorvo is www.qorvo.com.

Where are Qorvo's headquarters?

Qorvo is headquartered at 7628 THORNDIKE ROAD, GREENSBORO NC, 27409.

How can I contact Qorvo?

Qorvo's mailing address is 7628 THORNDIKE ROAD, GREENSBORO NC, 27409. The semiconductor company can be reached via phone at (336) 664-1233 or via email at [email protected].


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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