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Qorvo (QRVO)
NASDAQ:QRVO
QRVO Stock Chart & Stats
$82.24
-$0.81(-1.10%)
At close: 4:00 PM EST
$82.24
-$0.81(-1.10%)
Day’s Range― - ―
52-Week Range$49.46 - $106.30
Previous CloseN/A
Volume661.95K
Average Volume (3M)1.34M
Market Cap
$7.79B
Enterprise Value$7.85B
Total Cash (Recent Filing)$1.32B
Total Debt (Recent Filing)$1.55B
Price to Earnings (P/E)22.4
Beta1.74
Next Earnings
May 06, 2026EPS Estimate
1.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.17
Shares Outstanding92,705,680
10 Day Avg. Volume922,880
30 Day Avg. Volume1,341,667
Financial Highlights & Ratios
PEG Ratio-0.67
Price to Book (P/B)1.99
Price to Sales (P/S)1.82
P/FCF Ratio13.96
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue2.10
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda10.70
Forecast
1Y Price Target
$85.09Price Target Upside3.47% Upside
Rating ConsensusHold
Number of Analyst Covering14
EPS Forecast (FY)6.51
Revenue Forecast (FY)$3.77B
Bulls Say, Bears Say
Bulls Say
Aerospace And Defense DemandGrowth in aerospace and defense is expanding the high-power amplifier business, offering diversification and an incremental growth engine outside the smartphone market.
IPhone Radio-frequency ContentAnalyst reports radio-frequency content for iPhone came in above expectations, supporting stronger results for the analog connectivity business and reinforcing device diversification.
Product Mix And Margin ImprovementManagement plans to consolidate fabrication capacity and shift toward higher-margin products, which is expected to drive meaningful gross margin improvement and protect earnings power.
Bears Say
Acquisition Price And Limited UpsideAnnounced acquisition terms appear reflected in the stock price, leaving limited upside and supporting a neutral view from analysts.
Exit From Low-tier Android MarketAn accelerated exit from low-margin, low-tier Android products is expected to cause a substantial revenue decline as reduced build projections and memory cost pressures weigh on shipments.
Loss Of Ultra-high-band ContentLoss of ultra-high-band radio-frequency content to a competitor will reduce chip content with the company's largest smartphone customer and pressure overall revenue.
Qorvo News
QRVO FAQ
What was Qorvo’s price range in the past 12 months?
Qorvo lowest stock price was $49.46 and its highest was $106.30 in the past 12 months.
What is Qorvo’s market cap?
Qorvo’s market cap is $7.79B.
When is Qorvo’s upcoming earnings report date?
Qorvo’s upcoming earnings report date is May 06, 2026 which is in 72 days.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Jan 27, 2026. The company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.31.
Is Qorvo overvalued?
According to Wall Street analysts Qorvo’s price is currently Undervalued.
Does Qorvo pay dividends?
Qorvo does not currently pay dividends.
What is Qorvo’s EPS estimate?
Qorvo’s EPS estimate is 1.21.
How many shares outstanding does Qorvo have?
Qorvo has 92,705,680 shares outstanding.
What happened to Qorvo’s price movement after its last earnings report?
Qorvo reported an EPS of $2.17 in its last earnings report, beating expectations of $1.86. Following the earnings report the stock price went down -6.799%.
Which hedge fund is a major shareholder of Qorvo?
Currently, no hedge funds are holding shares in QRVO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Qorvo Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$85.09 (3.47% Upside)
$85.09 (3.47% Upside)
Blogger Sentiment
Bullish
QRVO Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 91.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.9%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.66%
12-Months-Change
Fundamentals
Return on Equity
9.62%
Trailing 12-Months
Asset Growth
3.37%
Trailing 12-Months
Company Description
Qorvo
Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. It offers mobile devices, such as smartphones, wearables, laptops, tablets and other devices; radio frequency power management integrated circuits, ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches; and cellular base stations include switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power amplifier (PA) Doherty modules, discrete LNAs, and high power GaN amplifiers. The company's also provides SiC products, such as Schottky diodes and transistors for automotive, industrial, IT infrastructure and renewable energy markets; SoC hardware, firmware, and application software for smart home applications; power management solutions include programmable power management integrated circuits (ICs) and power application controllers; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; RF connectivity and UWB SoC solutions for automotive connectivity; and Wi-Fi products, such as PAs, switches, LNAs and bulk acoustic wave filters, as well as integrated solutions including front end modules (FEMs) and integrated FEMs. It sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.
QRVO Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balances clear operational and financial progress — strong Q3 revenue, notable margin expansion (≈+260 bps YoY), solid free cash flow, strategic product wins (iPad high-band pad, automotive UWB, Wi‑Fi 8 samples), and actions to improve capital intensity — against meaningful near-term top-line headwinds driven by an intentional exit from lower-margin Android mass-tier (~$300M FY2027 impact), loss of share in some ultra-high band sockets, and a mid-single-digit revenue decline forecast for FY2027. Management emphasizes a portfolio shift toward higher-margin HPA and defense markets and targets full-year gross margins above 50% and EPS approaching $7, indicating confidence in improved profitability despite lower revenue. Overall, the positives around margin improvement, cash generation, and strategic repositioning outweigh the near-term revenue declines.View all QRVO earnings summariesQRVO Revenue Breakdown
17.14% HPA
12.71% CSG
70.16% ACG
QRVO Stock 12 Month Forecast
Average Price Target
$85.09
▲(3.47% Upside)
Technical Analysis
Lattice Semiconductor
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Ownership Overview
8.94% Insiders
19.13% Mutual Funds
9.09% Other Institutional Investors
35.23% Public Companies and Individual Investors