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Qorvo Price Target & Analyst Ratings (NASDAQ:QRVO)

-1.94 (-1.68 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
Now: $113.41
50-Day Range
MA: $100.18
52-Week Range
Now: $113.41
Volume1.63 million shs
Average Volume1.31 million shs
Market Capitalization$13.17 billion
P/E Ratio21.60
Dividend YieldN/A

Analyst Ratings

Qorvo (NASDAQ:QRVO) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Qorvo in the last 12 months. Their average twelve-month price target is $93.29, suggesting that the stock has a possible downside of 17.74%. The high price target for QRVO is $120.00 and the low price target for QRVO is $74.00. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyHoldBuyHold
Consensus Rating Score: 2.562.482.502.45
Ratings Breakdown: 0 Sell Rating(s)
8 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
10 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
11 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
12 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $93.29$89.62$77.14$75.10
Price Target Upside: 17.74% downside12.63% downside1.14% upside18.38% upside

Qorvo (NASDAQ:QRVO) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Qorvo (NASDAQ:QRVO) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/11/2019CowenReiterated RatingBuy$95.00 ➝ $120.00High
12/9/2019Bank of AmericaUpgradeUnderperform ➝ BuyHigh
11/13/2019Canaccord GenuityDowngradeBuy ➝ Hold$92.00 ➝ $110.00High
11/11/2019Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $104.00Low
11/1/2019JPMorgan Chase & Co.Set Price TargetBuy$110.00High
11/1/2019CfraUpgradeSell ➝ HoldHigh
11/1/2019BarclaysBoost Price TargetEqual Weight$65.00 ➝ $80.00High
11/1/2019UBS GroupBoost Price TargetNeutral$74.00 ➝ $81.00High
11/1/2019Piper Jaffray CompaniesBoost Price TargetOverweight$85.00 ➝ $95.00High
11/1/2019Susquehanna BancsharesBoost Price TargetNeutral$70.00 ➝ $85.00High
11/1/2019Raymond JamesBoost Price TargetOutperform$90.00 ➝ $98.00High
11/1/2019BenchmarkBoost Price TargetBuy$90.00 ➝ $100.00High
11/1/2019Needham & Company LLCBoost Price TargetBuy$90.00 ➝ $105.00High
11/1/2019Craig HallumReiterated RatingBuy$85.00 ➝ $100.00High
11/1/2019BMO Capital MarketsBoost Price TargetMarket Perform ➝ Positive$85.00High
10/31/2019MizuhoReiterated RatingNeutral$70.00 ➝ $80.00High
8/5/2019DA DavidsonUpgradeSell ➝ Neutral$74.00Medium
3/21/2019Goldman Sachs GroupUpgradeNeutral ➝ Buy$66.00 ➝ $79.00High
11/14/2018Loop CapitalLower Price TargetBuy$85.00Medium
11/14/2018MKM PartnersLower Price TargetBuy ➝ Buy$95.00 ➝ $86.00Medium
11/14/2018KeyCorpLower Price TargetOverweight$95.00 ➝ $80.00Medium
11/14/2018NomuraSet Price TargetNeutral ➝ Hold$80.00 ➝ $70.00Low
11/14/2018Charter EquityDowngradeBuy ➝ Market PerformMedium
11/12/2018CitigroupLower Price TargetNeutral ➝ Neutral$86.00 ➝ $75.00Medium
8/2/2018Summit InsightsUpgradeSell ➝ HoldHigh
5/16/2018Longbow ResearchInitiated CoverageBuy$93.00Low
3/20/2018InstinetReiterated RatingBuy ➝ NeutralMedium
2/1/2018Summit RedstoneDowngradeHold ➝ SellMedium
2/1/2018OppenheimerReiterated RatingHoldHigh
2/1/2018Northland SecuritiesUpgradeMarket Perform ➝ OutperformHigh
1/31/2018Drexel HamiltonReiterated RatingBuy$95.00High
(Data available from 12/14/2017 forward)
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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