Qorvo Stock Forecast, Price & News

Qorvo (NASDAQ:QRVO) Frequently Asked Questions

Is Qorvo a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Qorvo stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QRVO, but not buy additional shares or sell existing shares.
View analyst ratings for Qorvo or view top-rated stocks.

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

Qorvo's stock was trading at $89.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, QRVO shares have increased by 66.3% and is now trading at $148.73.
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) announced its earnings results on Wednesday, November, 3rd. The semiconductor company reported $3.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.25 by $0.17. The semiconductor company had revenue of $1.26 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company posted $2.17 earnings per share.
View Qorvo's earnings history.

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

Qorvo updated 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?

20 analysts have issued 12 month price objectives for Qorvo's stock. Their forecasts range from $170.00 to $245.00. On average, they anticipate Qorvo's share price to reach $202.30 in the next twelve months. This suggests a possible upside of 36.0% 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:

• Robert A. Bruggeworth, President, Chief Executive Officer & Director (LinkedIn Profile)
• Paul J. Fego, Vice President-Global Operations (LinkedIn Profile)
• Mark Joseph Murphy, Chief Financial Officer
• Todd Gillenwater, Chief Technology Officer & VP-Engineering
• Steven Eric Creviston, Vice President & President-Mobile Products

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?

Some companies that are related to Qorvo include Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Xilinx (XLNX), Microchip Technology (MCHP), STMicroelectronics (STM), GlobalFoundries (GFS), United Microelectronics (UMC), ON Semiconductor (ON), Skyworks Solutions (SWKS), Kyocera (KYOCY), Monolithic Power Systems (MPWR), Enphase Energy (ENPH), Advantest (ATEYY) and ASE Technology (ASX).
View all of QRVO's 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 a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), IFP Advisors Inc (0.01%), Webster Bank N. A. (0.01%), First Hawaiian Bank (0.01%), New England Research & Management Inc. (0.01%) and Crossmark Global Holdings Inc. (0.00%). 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 institutional investors are selling Qorvo stock?

QRVO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Webster Bank N. A., Crossmark Global Holdings Inc., Symmetry Partners LLC, First Hawaiian Bank, IFP Advisors Inc, New England Research & Management Inc., and Harbor Investment Advisory LLC. 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, and Roderick Nelson.
View insider buying and selling activity for Qorvo or view top insider-selling stocks.

Which institutional investors are buying Qorvo stock?

QRVO stock was bought by a variety of institutional investors in the last quarter, including Capital Investment Advisors LLC, Diversified Trust Co, Exchange Traded Concepts LLC, Fulton Bank N.A., Vigilare Wealth Management, and Carroll Financial Associates Inc..
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.
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What is Qorvo's stock price today?

One share of QRVO stock can currently be purchased for approximately $148.73.

How much money does Qorvo make?

Qorvo has a market capitalization of $16.39 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].