S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NASDAQ:QRVO

Qorvo Stock Forecast, Price & News

$174.05
-0.07 (-0.04 %)
(As of 09/24/2021 04:00 PM ET)
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Today's Range
$172.65
$176.37
50-Day Range
$170.08
$195.18
52-Week Range
$123.08
$201.68
Volume637,604 shs
Average Volume1.11 million shs
Market Capitalization$19.34 billion
P/E Ratio21.67
Dividend YieldN/A
Beta1.36
30 days | 90 days | 365 days | Advanced Chart
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Qorvo logo

About Qorvo

Qorvo, Inc. engages in the provision of development and commercialization of technologies and products for wireless and wired connectivity. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment is involved in supplyingof cellular, UWB, and Wi-Fi solutions for applications, including smartphones, wearables, laptops, tablets, and Internet of things. The Infrastructure & Defense Products segment is involved in supplying of RF, system-on-a-chip and power management solutions for applications in wireless infrastructure, defense, Wi-Fi, smart home, automotive, and Internet of things. The firm's products include amplifiers, control products, discrete transistors, filters & duplexers, frequency converters & sources, integrated products, optical components, passives, power management products, switches, and wireless connectivity products. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.

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MarketRank

Overall MarketRank

2.54 out of 5 stars

Computer And Technology Sector

111th out of 858 stocks

Semiconductors & Related Devices Industry

22nd out of 116 stocks

Analyst Opinion: 3.4Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Qorvo (NASDAQ:QRVO) Frequently Asked Questions

Is Qorvo a buy right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last twelve months. There are currently 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Qorvo stock.
View analyst ratings for Qorvo
or view top-rated stocks.

What stocks does MarketBeat like better than Qorvo?

Wall Street analysts have given Qorvo a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Qorvo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Qorvo's next earnings date?

Qorvo is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Qorvo
.

How were Qorvo's earnings last quarter?

Qorvo, Inc. (NASDAQ:QRVO) released its quarterly earnings data on Wednesday, August, 4th. The semiconductor company reported $2.83 EPS for the quarter, beating analysts' consensus estimates of $2.45 by $0.38. The semiconductor company earned $1.11 billion during the quarter, compared to analysts' expectations of $1.08 billion. Qorvo had a net margin of 21.26% and a trailing twelve-month return on equity of 26.25%. Qorvo's revenue for the quarter was up 41.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.50 EPS.
View Qorvo's earnings history
.

How has Qorvo's stock price been impacted by Coronavirus?

Qorvo's stock was trading at $89.42 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, QRVO shares have increased by 94.6% and is now trading at $174.05.
View which stocks have been most impacted by COVID-19
.

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

Qorvo issued an update on its second quarter 2022 earnings guidance on Wednesday, August, 25th. The company provided earnings per share guidance of $3.240-$3.240 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.020. The company issued revenue guidance of $1.24 billion-$1.27 billion, compared to the consensus revenue estimate of $1.21 billion.

What price target have analysts set for QRVO?

19 brokers have issued twelve-month price targets for Qorvo's stock. Their forecasts range from $133.00 to $250.00. On average, they anticipate Qorvo's stock price to reach $210.95 in the next year. This suggests a possible upside of 21.2% 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
  • 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.

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 shareholders include Vanguard Group Inc. (11.08%), BlackRock Inc. (8.53%), Baupost Group LLC MA (4.80%), State Street Corp (4.34%), Vulcan Value Partners LLC (3.79%) and FMR LLC (3.69%). Company insiders that own Qorvo stock include David H Y Ho, Gina Harrison, James L Klein, Mark J Murphy, Paul J Fego, Robert A Bruggeworth, 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 UBS Asset Management Americas Inc., Woodline Partners LP, Allianz Asset Management GmbH, Twin Tree Management LP, AQR Capital Management LLC, American Century Companies Inc., Vulcan Value Partners LLC, and AXA S.A.. Company insiders that have sold Qorvo company stock in the last year include Gina Harrison, James L Klein, Mark J Murphy, Robert A Bruggeworth, Roderick Nelson, and Steven E Creviston.
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 FMR LLC, Amundi, Morgan Stanley, Morgan Stanley, Invesco Ltd., Boston Partners, Susquehanna International Group LLP, and Point72 Asset Management L.P..
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.
Compare Top Brokerages Here.

What is Qorvo's stock price today?

One share of QRVO stock can currently be purchased for approximately $174.05.

How much money does Qorvo make?

Qorvo has a market capitalization of $19.34 billion and generates $4.02 billion in revenue each year. The semiconductor company earns $733.61 million in net income (profit) each year or $9.30 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].


This page was last updated on 9/25/2021 by MarketBeat.com Staff

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