Qorvo (QRVO) Stock Price, News & Analysis

Company Overview

Qorvo, Inc. is a leading provider of radio frequency (RF) solutions driven by innovation in semiconductor technology. The company designs, manufactures and markets a broad portfolio of RF products that enable wireless and broadband communications across consumer, enterprise, aerospace and defense markets. Its core offerings include RF filters, power amplifiers, switches, multi-chip modules and integrated solutions that support the growing demand for high-performance connectivity in mobile devices, network infrastructure, Wi-Fi routers, automotive systems and Internet of Things (IoT) applications.

Key industries served by Qorvo include the smartphone and tablet market, where its advanced 5G and LTE components help deliver faster data speeds, improved signal strength and extended battery life. In the enterprise and networking segment, Qorvo’s filter banks and front-end modules play a critical role in the deployment of next-generation wireless networks, including 5G small cells and macro base stations. The company also supports aerospace and defense customers with robust, high-reliability RF solutions tailored for radar, electronic warfare, satellite communications and secure wireless links.

Formed in early 2015 through the merger of RF Micro Devices and TriQuint Semiconductor, Qorvo combined complementary product lines and research capabilities to create a more diversified RF leader. Since then, the company has continuously invested in research and development, expanding its technology roadmap to address emerging standards such as Wi-Fi 6, 6E and millimeter-wave 5G. Qorvo’s integrated design centers and wafer fabrication facilities span North America, Europe and Asia, enabling close collaboration with customers and fast time-to-market for new RF solutions.

Headquartered in Greensboro, North Carolina, Qorvo operates a global network of manufacturing sites, design hubs and sales offices. Under the leadership of CEO Robert Bruggeworth, the company emphasizes strategic partnerships with device OEMs, network equipment manufacturers and government agencies. Qorvo’s strong industry reputation is built on its commitment to quality, supply chain resilience and technical expertise, positioning it as a key enabler of advanced wireless connectivity worldwide.

Key Stats

• Today's Range: $87.76 to $89.31
• 50-Day Range: $73.19 to $90.32
• 52-Week Range: $49.46 to $125.88
• Volume: 1.02 million shs
• Average Volume: 2.26 million shs
• Market Capitalization: $8.22 billion
• P/E Ratio: 152.71
• Dividend Yield: N/A
• Price Target: $91.53
• Consensus Rating: Hold

Qorvo Stock Analysis - MarketRank™

Qorvo scored higher than 66% of companies evaluated by MarketBeat, and ranked 277th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Qorvo has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 5 buy ratings, 11 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Qorvo has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 13.69%

Earnings Growth

Earnings for Qorvo are expected to grow by 13.69% in the coming year, from $4.09 to $4.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Qorvo is 152.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Qorvo is 152.71, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 33.62.

Price to Earnings Growth Ratio

Qorvo has a PEG Ratio of 2.35. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Qorvo has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.75% of the float of Qorvo has been sold short.

Short Interest Ratio / Days to Cover

Qorvo has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Qorvo has recently increased by 19.65%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Qorvo does not currently pay a dividend.

Dividend Growth

Qorvo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.86

Percentage of Shares Shorted

6.75% of the float of Qorvo has been sold short.

Short Interest Ratio / Days to Cover

Qorvo has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Qorvo has recently increased by 19.65%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.86

News Sentiment

Qorvo has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Qorvo this week, compared to 12 articles on an average week.

Search Interest

Only 1 people have searched for QRVO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Qorvo to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Qorvo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $101,630.00 in company stock.

Percentage Held by Insiders

Only 0.41% of the stock of Qorvo is held by insiders.

Percentage Held by Institutions

88.57% of the stock of Qorvo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

QRVO Stock Analysis - Frequently Asked Questions

How have QRVO shares performed this year?

Qorvo's stock was trading at $69.93 on January 1st, 2025. Since then, QRVO stock has increased by 26.7% and is now trading at $88.57.

How were Qorvo's earnings last quarter?

Qorvo, Inc. (NASDAQ:QRVO) issued its earnings results on Tuesday, April, 29th. The semiconductor company reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.42. The business's quarterly revenue was down 7.6% on a year-over-year basis.
Read the conference call transcript.

Does Qorvo have any subsidiaries?

The following companies are subsidiaries of Qorvo: United Silicon Carbide, NextInput, 7Hugs Labs SAS, DecaWave, Custom MMIC, Cavendish Kinetics, Active-Semi International Inc., and others.

Who are Qorvo's major shareholders?

Top institutional shareholders of Qorvo include Assenagon Asset Management S.A. (0.82%), Ninety One UK Ltd (0.50%), Robeco Institutional Asset Management B.V. (0.44%) and NorthCrest Asset Manangement LLC (0.07%). Insiders that own company stock include Robert A Bruggeworth, Steven E Creviston, Walden C Rhines, Philip Chesley, Paul J Fego, Gina Harrison, Grant Brown, Roderick Nelson, John R Harding and Frank P Stewart.
View institutional ownership trends.

How do I buy shares of Qorvo?

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

What other stocks do shareholders of Qorvo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Qorvo investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), QUALCOMM (QCOM), Salesforce (CRM) and Skyworks Solutions (SWKS).

Company Calendar

• Last Earnings: 4/29/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semi - Radio Freq
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:QRVO
• CIK: 1604778
• Web: www.qorvo.com
• Phone: (336) 664-1233
• Fax: N/A
• Employees: 6,200
• Year Founded: 2015

Price Target and Rating

• Average Price Target for Qorvo: $91.53
• High Price Target: $135.00
• Low Price Target: $69.00
• Potential Upside/Downside: +3.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.11
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.58
• Trailing P/E Ratio: 152.77
• Forward P/E Ratio: 21.66
• P/E Growth: 2.35
• Net Income: $55.62 million
• Net Margins: 1.50%
• Pretax Margin: 1.77%
• Return on Equity: 12.48%
• Return on Assets: 6.87%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 2.77
• Quick Ratio: 1.95

Sales & Book Value

• Annual Sales: $3.72 billion
• Price / Sales: 2.21
• Cash Flow: $9.54 per share
• Price / Cash Flow: 9.29
• Book Value: $36.32 per share
• Price / Book: 2.44

Miscellaneous

• Outstanding Shares: 92,850,000
• Free Float: 92,471,000
• Market Cap: $8.23 billion
• Optionable: Optionable
• Beta: 1.39