Qorvo Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 5 hold ratings and 16 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.

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.
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Qorvo is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Qorvo.

Qorvo, Inc. (NASDAQ:QRVO) announced its earnings results on Wednesday, February, 3rd. The semiconductor company reported $3.08 earnings per share (EPS) for the quarter, beating 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%. The company's revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.86 earnings per share.
View Qorvo's earnings history.

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 115.0% and is now trading at $192.27.
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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 EPS 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.

21 brokers have issued 1-year price objectives for Qorvo's shares. Their forecasts range from $109.00 to $225.00. On average, they expect Qorvo's share price to reach $183.10 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
View analysts' price targets for Qorvo or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Qorvo include Tokyo Electron (TOELY), Analog Devices (ADI), Infineon Technologies (IFNNY), NXP Semiconductors (NXPI), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Kyocera (KYOCY), United Microelectronics (UMC), Enphase Energy (ENPH), Advantest (ATEYY) and ON Semiconductor (ON).
View all of QRVO's competitors.

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).

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

Qorvo's stock is owned by many different retail and institutional investors. Top institutional investors include Retirement Systems of Alabama (0.08%), State of Alaska Department of Revenue (0.07%), F&V Capital Management LLC (0.06%), Royal London Asset Management Ltd. (0.04%), DnB Asset Management AS (0.02%) and Crossmark Global Holdings Inc. (0.01%). 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.

QRVO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Retirement Systems of Alabama, Crossmark Global Holdings Inc., Pacer Advisors Inc., Private Capital Group LLC, HighPoint Advisor Group LLC, Teamwork Financial Advisors LLC, and Harbor Investment Advisory 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.

QRVO stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Everence Capital Management Inc., Fulton Breakefield Broenniman LLC, First Hawaiian Bank, Royal London Asset Management Ltd., New England Research & Management Inc., F&V Capital Management LLC, and GPS Wealth Strategies Group LLC.
View insider buying and selling activity for Qorvo or or view top insider-buying stocks.

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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One share of QRVO stock can currently be purchased for approximately $192.27.

Qorvo has a market capitalization of $21.78 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.

Qorvo employs 7,900 workers across the globe.

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.

Qorvo was founded in 2015.

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

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

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]