Qorvo (QRVO) Stock Forecast, Price & News

Qorvo (NASDAQ:QRVO) Frequently Asked Questions

Is Qorvo a buy right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last twelve months. There are currently 14 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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.

When is Qorvo's next earnings date?

Qorvo is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Qorvo.

How were Qorvo's earnings last quarter?

Qorvo, Inc. (NASDAQ:QRVO) released its quarterly earnings data on Wednesday, May, 4th. The semiconductor company reported $3.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.71 by $0.41. The semiconductor company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. Qorvo had a net margin of 22.24% and a trailing twelve-month return on equity of 28.07%. The business's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.59 EPS.
View Qorvo's earnings history.

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

Qorvo updated its first quarter 2023 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $2.00-$2.25 for the period, compared to the consensus estimate of $2.78. The company issued revenue guidance of $1.00 billion-$1.05 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for QRVO?

22 brokers have issued 1 year target prices for Qorvo's shares. Their forecasts range from $120.00 to $230.00. On average, they expect Qorvo's stock price to reach $163.32 in the next year. This suggests a possible upside of 50.4% 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:

• Mr. Robert A. Bruggeworth, Pres, CEO & Director (Age 61, Pay $3.02M) (LinkedIn Profile)
• Mr. Paul J. Fego, Corp. VP of Global Operations (Age 64, Pay $1.17M) (LinkedIn Profile)
• Mr. Steven Eric Creviston, Pres of Mobile Products (Age 58, Pay $1.3M) (LinkedIn Profile)
• Mr. Grant A. Brown, Interim CFO & VP of Treasury
• Mr. Douglas DeLieto, VP of Investor Relations
• Mr. Jason K. Givens, Gen. Counsel & Corp. Sec.
• Mr. Brent Dietz, Director of Corp. Communications
• Ms. Brandi Frye, Corp. VP of Marketing
• Ms. Debra Howard, Chief HR Officer & Corp. VP
• Ms. Gina B. Harrison, VP & Corp. Controller (Age 54)

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 Marvell Technology (MRVL), Infineon Technologies (IFNNY), Microchip Technology (MCHP), STMicroelectronics (STM), GLOBALFOUNDRIES (GFS), ON Semiconductor (ON), Enphase Energy (ENPH), United Microelectronics (UMC), Monolithic Power Systems (MPWR), Skyworks Solutions (SWKS), Semiconductor Manufacturing International (SMICY), ASE Technology (ASX), SolarEdge Technologies (SEDG), Advantest (ATEYY) and First Solar (FSLR).
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 (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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.25%), BlackRock Inc. (8.26%), Baupost Group LLC MA (6.13%), Boston Partners (4.88%), State Street Corp (4.43%) and Capital Research Global Investors (4.01%). 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 major investors are selling Qorvo stock?

QRVO stock was sold by a variety of institutional investors in the last quarter, including Woodline Partners LP, Robeco Institutional Asset Management B.V., Select Equity Group L.P., Bank of Nova Scotia, APG Asset Management N.V., PEAK6 Investments LLC, Royal Bank of Canada, and National Pension Service. Company insiders that have sold Qorvo company stock in the last year include Gina Harrison, James L Klein, John R Harding, Paul J Fego, Robert A Bruggeworth, and Roderick Nelson.
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 Capital Research Global Investors, LSV Asset Management, Baupost Group LLC MA, Wellington Management Group LLP, Boston Partners, Goldman Sachs Group Inc., ANTIPODES PARTNERS Ltd, and BlackRock 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 $108.61.

How much money does Qorvo make?

Qorvo has a market capitalization of $11.78 billion and generates $4.65 billion in revenue each year. The semiconductor company earns $1.03 billion in net income (profit) each year or $9.25 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.

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].