Qorvo ( (QRVO) ) has shared an update.
On April 12, 2025, Qorvo announced the appointment of Richard L. Clemmer and Chris Koopmans as independent members of its Board of Directors, increasing the board size to nine members. This change is part of a board refreshment initiative aimed at enhancing strategic oversight with experienced industry leaders. Concurrently, David H. Y. Ho retired from the board to focus on other professional commitments. These appointments are expected to support Qorvo’s growth and diversification strategy, enhancing shareholder value and expanding market reach.
Spark’s Take on QRVO Stock
According to Spark, TipRanks’ AI Analyst, QRVO is a Neutral.
Qorvo’s overall stock score reflects significant challenges with declining revenue and profitability, moderate leverage, and bearish technical indicators. While there are positives in cash flow generation and sector-specific growth, the high valuation and negative guidance weigh heavily on the score.
To see Spark’s full report on QRVO stock, click here.
More about Qorvo
Qorvo is a leading global provider of connectivity and power solutions, supplying innovative semiconductor solutions across diverse high-growth segments such as automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure, and mobile markets.
YTD Price Performance: -19.34%
Average Trading Volume: 2,906,161
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.26B
For detailed information about QRVO stock, go to TipRanks’ Stock Analysis page.