Log in

NASDAQ:QRVO - Qorvo Stock Price, Forecast & News

$106.02
-3.15 (-2.89 %)
(As of 02/16/2020 04:00 PM ET)
Add
Today's Range
$105.24
Now: $106.02
$110.36
50-Day Range
$105.15
MA: $112.11
$118.68
52-Week Range
$58.52
Now: $106.02
$122.37
Volume1.66 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio36.69
Dividend YieldN/A
BetaN/A
Qorvo, Inc provides radio frequency (RF) solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) segments. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PAs), low noise amplifiers (LNAs), switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:QRVO
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees8,100
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

Receive QRVO News and Ratings via Email

Sign-up to receive the latest news and ratings for QRVO and its competitors with MarketBeat's FREE daily newsletter.


Qorvo (NASDAQ:QRVO) Frequently Asked Questions

What is Qorvo's stock symbol?

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

How were Qorvo's earnings last quarter?

Qorvo Inc (NASDAQ:QRVO) posted its quarterly earnings results on Wednesday, January, 29th. The semiconductor company reported $1.86 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.46 by $0.40. The semiconductor company earned $869.10 million during the quarter, compared to the consensus estimate of $852.62 million. The firm's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 earnings per share. View Qorvo's Earnings History.

When is Qorvo's next earnings date?

Qorvo is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Qorvo.

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

Qorvo issued an update on its fourth quarter earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $1.55 for the period, compared to the Thomson Reuters consensus estimate of $1.08. The company issued revenue guidance of $800-840 million, compared to the consensus revenue estimate of $726.11 million.

What price target have analysts set for QRVO?

20 brokers have issued 1 year price targets for Qorvo's shares. Their forecasts range from $74.00 to $150.00. On average, they expect Qorvo's stock price to reach $113.94 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Qorvo.

What is the consensus analysts' recommendation for Qorvo?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qorvo.

Has Qorvo been receiving favorable news coverage?

News coverage about QRVO stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Qorvo earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Qorvo.

Are investors shorting Qorvo?

Qorvo saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,910,000 shares, an increase of 44.4% from the January 15th total of 3,400,000 shares. Based on an average daily trading volume, of 1,782,100 shares, the days-to-cover ratio is presently 2.8 days. Approximately 4.3% of the company's shares are short sold. View Qorvo's Current Options Chain.

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), Alibaba Group (BABA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Walt Disney (DIS), TriQuint Semiconductor (TQNT), Intel (INTC) and Netflix (NFLX).

Who are Qorvo's key executives?

Qorvo's management team includes the folowing people:
  • Mr. Robert A. Bruggeworth, Pres, CEO & Director (Age 58)
  • Mr. Mark J. Murphy, Chief Financial Officer (Age 51)
  • Ms. Gina B. Harrison, VP & Corp. Controller (Age 51)
  • Mr. James L. Klein, Corp. VP and Pres of Infrastructure & Defense Products (Age 54)
  • Mr. Steven E. Creviston, Corp. VP & Pres of Mobile Products (Age 55)

Who are Qorvo's major shareholders?

Qorvo's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.45%), Boston Partners (3.12%), Baupost Group LLC MA (2.38%), AQR Capital Management LLC (2.02%), Renaissance Technologies LLC (1.69%) and FMR LLC (1.60%). Company insiders that own Qorvo stock include Daniel A Dileo, David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, 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 Baupost Group LLC MA, Iridian Asset Management LLC CT, Panagora Asset Management Inc., UBS Asset Management Americas Inc., FMR LLC, Robecosam AG, Thornburg Investment Management Inc. and Todd Asset Management LLC. Company insiders that have sold Qorvo company stock in the last year include David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley and Walter H Wilkinson. View Insider Buying and Selling for Qorvo.

Which major investors are buying Qorvo stock?

QRVO stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Renaissance Technologies LLC, ANTIPODES PARTNERS Ltd, Los Angeles Capital Management & Equity Research Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, State of Tennessee Treasury Department and UBS Group AG. View Insider Buying and Selling for Qorvo.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Qorvo's stock price today?

One share of QRVO stock can currently be purchased for approximately $106.02.


MarketBeat Community Rating for Qorvo (NASDAQ QRVO)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  674 (Vote Outperform)
Underperform Votes:  516 (Vote Underperform)
Total Votes:  1,190
MarketBeat's community ratings are surveys of what our community members think about Qorvo and other stocks. Vote "Outperform" if you believe QRVO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QRVO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2020 by MarketBeat.com Staff

Featured Article: Stock Portfolio Tracker

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel