NASDAQ:QRVO

Qorvo Stock Forecast, Price & News

$187.05
-2.16 (-1.14 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$185.86
Now: $187.05
$191.70
50-Day Range
$162.90
MA: $182.53
$198.32
52-Week Range
$85.53
Now: $187.05
$199.94
Volume823,270 shs
Average Volume1.32 million shs
Market Capitalization$21.19 billion
P/E Ratio49.22
Dividend YieldN/A
Beta1.51
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates in two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters and duplexers, antenna tuners, RF power management integrated circuits, multimode/multi-band PAs and transmit modules, antenna-plexers, discrete filters and duplexers, discrete switches, and UWB system solutions, as well as envelope tracking power management solutions, antenna control solutions, and UWB system solutions supporting secure, low power, location, and communication services. It also provides integrated solutions that include switch-LNA modules, variable gain amplifiers, and integrated PA Doherty modules for massive multiple-input/multiple-output systems; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; Wi-Fi customer premises equipment, including power amplifiers, switches, low noise amplifiers, and bulk acoustic wave filters; system-on-a-chip hardware, firmware, and application software for smart home applications; automotive RF connectivity products and metal oxide semiconductor based UWB chip and module system solutions; and power application controllers and programmable analog power ICs. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.
Qorvo logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
Current SymbolNASDAQ:QRVO
CUSIPN/A
Phone336-664-1233
Employees7,900
Year Founded2015

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.24 billion
Cash Flow$10.33 per share
Book Value$37.11 per share

Profitability

Net Income$334.33 million

Miscellaneous

Market Cap$21.19 billion
Next Earnings Date5/5/2021 (Confirmed)
OptionableOptionable

Headlines

A Look At The Fair Value Of Qorvo, Inc. (NASDAQ:QRVO)
April 16, 2021 |  finance.yahoo.com
Qorvo (NASDAQ:QRVO) PT Raised to $215.00
April 15, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.76 out of 5 stars

Computer And Technology Sector

176th out of 1,554 stocks

Semiconductors & Related Devices Industry

29th out of 146 stocks

Analyst Opinion: 2.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$187.05
-2.16 (-1.14 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Qorvo (NASDAQ:QRVO) Frequently Asked Questions

Is Qorvo a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last twelve months. There are currently 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Qorvo stock.
View analyst ratings for Qorvo
or view top-rated stocks.

What stocks does MarketBeat like better than Qorvo?

Wall Street analysts have given Qorvo a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Qorvo wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Qorvo's next earnings date?

Qorvo is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Qorvo
.

How can I listen to Qorvo's earnings call?

Qorvo will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Qorvo's earnings last quarter?

Qorvo, Inc. (NASDAQ:QRVO) issued its earnings results on Wednesday, February, 3rd. The semiconductor company reported $3.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.48 by $0.60. The semiconductor company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Qorvo had a net margin of 12.71% and a trailing twelve-month return on equity of 18.08%. Qorvo's revenue was up 26.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.86 EPS.
View Qorvo's earnings history
.

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

Qorvo's stock was trading at $89.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, QRVO stock has increased by 109.2% and is now trading at $187.05.
View which stocks have been most impacted by COVID-19
.

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

Qorvo issued an update on its fourth quarter earnings guidance on Wednesday, February, 3rd. The company provided EPS guidance of $2.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.31. The company issued revenue guidance of $1.025-1.055 billion, compared to the consensus revenue estimate of $945.55 million.

What price target have analysts set for QRVO?

21 Wall Street analysts have issued 1 year target prices for Qorvo's shares. Their forecasts range from $109.00 to $225.00. On average, they anticipate Qorvo's stock price to reach $183.10 in the next year. This suggests that the stock has a possible downside of 2.1%.
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:
  • Mr. Robert A. Bruggeworth, Pres, CEO & Director (Age 60, Pay $1.39M) (LinkedIn Profile)
  • Mr. Mark J. Murphy, Chief Financial Officer (Age 53, Pay $723.25k) (LinkedIn Profile)
  • Mr. Paul J. Fego, Corp. VP of Global Operations (Age 63, Pay $640k) (LinkedIn Profile)
  • Mr. James L. Klein, Corp. VP and Pres of Infrastructure & Defense Products (Age 56, Pay $648.97k)
  • Mr. Steven Eric Creviston, Corp. VP & Pres of Mobile Products (Age 57, Pay $709.27k) (LinkedIn Profile)
  • Mr. Douglas DeLieto, VP of Investor Relations
  • Mr. Jason K. Givens, Corp. VP, Gen. Counsel & Corp. Sec.
  • Mr. Brent Dietz, Director of Corp. Communications
  • Ms. Brandi Frye, Corp. VP of Marketing (LinkedIn Profile)
  • Ms. Debra Howard, Chief HR Officer & Corp. VP (LinkedIn Profile)

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.

Who are some of Qorvo's key competitors?

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 many different institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.14%), Retirement Systems of Alabama (0.08%), State of Alaska Department of Revenue (0.07%), Chevy Chase Trust Holdings Inc. (0.07%), Oregon Public Employees Retirement Fund (0.06%) and F&V Capital Management LLC (0.06%). Company insiders that own Qorvo stock include David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Paul J Fego, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley 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 New York State Teachers Retirement System, State of Alaska Department of Revenue, Retirement Systems of Alabama, Chevy Chase Trust Holdings Inc., Sentry Investment Management LLC, Crossmark Global Holdings Inc., Pacer Advisors Inc., and Private Capital Group LLC. Company insiders that have sold Qorvo company stock in the last year include Gina Harrison, James L Klein, Mark J Murphy, Paul J Fego, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, and Walter H Wilkinson.
View insider buying and selling activity for Qorvo
or view top insider-selling stocks.

Which major investors are buying Qorvo stock?

QRVO stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, BOKF NA, Everence Capital Management Inc., Fulton Breakefield Broenniman LLC, Private Advisor Group LLC, First Hawaiian Bank, Royal London Asset Management Ltd., and Covenant Asset Management LLC.
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 $187.05.

How much money does Qorvo make?

Qorvo has a market capitalization of $21.19 billion and generates $3.24 billion in revenue each year. The semiconductor company earns $334.33 million in net income (profit) each year or $5.71 on an earnings per share basis.

How many employees does Qorvo have?

Qorvo employs 7,900 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 4/22/2021 by MarketBeat.com Staff
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