Qorvo Inc (QRVO)
NASDAQ:QRVO
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QRVO Stock Chart & Stats
$81.90
-$0.81(-1.10%)
At close: 4:00 PM EST
$81.90
-$0.81(-1.10%)
Day’s Range― - ―
52-Week Range$74.92 - $109.49
Previous CloseN/A
Volume661.95K
Average Volume (3M)1.29M
Market Cap
$8.91B
Enterprise Value$8.83B
Total Cash (Recent Filing)$1.22B
Total Debt (Recent Filing)$1.55B
Price to Earnings (P/E)26.1
Beta1.58
Next Earnings
Aug 05, 2026EPS Estimate
1.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.66
Shares Outstanding88,013,670
10 Day Avg. Volume1,283,398
30 Day Avg. Volume1,291,449
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)2.14
Price to Sales (P/S)1.95
P/FCF Ratio10.54
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit5.23
Enterprise Value/Ebitda12.09
Forecast
1Y Price Target
$93.56Price Target Upside14.23% Upside
Rating ConsensusHold
Number of Analyst Covering11
EPS Forecast (FY)6.85
Revenue Forecast (FY)$3.44B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent high operating and free cash flow, with FCF ~84% of net income, provides durable financial flexibility. This supports reinvestment, R&D, capital returns, and M&A funding without relying heavily on new debt, improving resilience through industry cycles.
Manageable Leverage And Equity BaseA moderate debt-to-equity ratio and a sizable equity base reduce refinancing and solvency risk, enabling strategic investments and supporting integration of transactions. Improved leverage versus prior years enhances balance sheet durability across a 2–6 month horizon and beyond.
M&A Progress Reducing Deal UncertaintyConcrete steps—note amendments and exchange offers—meaningfully reduce transaction execution risk and clarify capital structure post-close. This structural clarity supports planning, retention, and integration efforts that materially affect long-term strategy and cash/debt profiles.
Bears Say
Multi-Year Flat-to-Down Revenue TrendPersistently flat or declining revenue constrains operating leverage and growth optionality. Over several years this weak top-line reduces the firm's ability to scale R&D and capex efficiently, making margin recovery and sustained earnings expansion more difficult.
Earnings Power Below Prior PeaksAlthough margins and net income improved, return metrics remain well below 2021–2022 levels. This suggests the firm has not fully regained pricing, mix, or volume advantages from the peak cycle, leaving returns vulnerable if demand softens or competitive pressure intensifies.
Cyclicality And Long Qualification CyclesHeavy exposure to cyclical end markets (smartphones, infrastructure, industrial/defense) and long qualification timelines create lumpy, hard-to-predict revenue. Structural timing mismatch slows recovery of volumes after downturns and raises execution risk for multi-quarter planning.
Qorvo News
QRVO FAQ
What was Qorvo Inc’s price range in the past 12 months?
Qorvo Inc lowest stock price was $74.92 and its highest was $109.49 in the past 12 months.
What is Qorvo Inc’s market cap?
Qorvo Inc’s market cap is $8.91B.
When is Qorvo Inc’s upcoming earnings report date?
Qorvo Inc’s upcoming earnings report date is Aug 05, 2026 which is in 49 days.
How were Qorvo Inc’s earnings last quarter?
Qorvo Inc released its earnings results on May 05, 2026. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.211 by $0.479.
Is Qorvo Inc overvalued?
According to Wall Street analysts Qorvo Inc’s price is currently Undervalued.
Does Qorvo Inc pay dividends?
Qorvo Inc does not currently pay dividends.
What is Qorvo Inc’s EPS estimate?
Qorvo Inc’s EPS estimate is 1.11.
How many shares outstanding does Qorvo Inc have?
Qorvo Inc has 88,013,670 shares outstanding.
What happened to Qorvo Inc’s price movement after its last earnings report?
Qorvo Inc reported an EPS of $1.69 in its last earnings report, beating expectations of $1.211. Following the earnings report the stock price went down -7.691%.
Which hedge fund is a major shareholder of Qorvo Inc?
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
Underperform
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Analyst Consensus
Hold
Average Price Target:
$93.56 (14.23% Upside)
$93.56 (14.23% Upside)
Blogger Sentiment
Bullish
QRVO Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 549.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $192.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.59%
12-Months-Change
Fundamentals
Return on Equity
9.69%
Trailing 12-Months
Asset Growth
-1.81%
Trailing 12-Months
Company Description
Qorvo Inc
Qorvo, Inc. is a global technology company focused on developing and bringing to market a diverse range of products and innovations for the wireless, wired, and power sectors. Its operations are organized into two primary divisions: Mobile Products, and Infrastructure and Defense Products. Within its Mobile Products segment, Qorvo supplies critical components for a wide array of consumer electronics, including smartphones, wearables, laptops, and tablets. These offerings encompass radio frequency (RF) power management integrated circuits (PMICs), ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS sensors, antenna tuners and antennaplexers, along with various discrete components like multiplexers, duplexers, filters, and switches. The Infrastructure and Defense Products segment addresses a broad spectrum of industries: For cellular base stations, Qorvo provides components such as switch-low noise amplifier (LNA) modules, variable gain amplifiers (VGAs), integrated power amplifier (PA) Doherty modules, discrete LNAs, and high-power GaN amplifiers. It also manufactures Silicon Carbide (SiC) products, including Schottky diodes and transistors, vital for applications in the automotive, industrial, IT infrastructure, and renewable energy sectors. The company delivers smart home solutions through SoC hardware, firmware, and application software. Power management offerings include programmable PMICs and power application controllers. For defense and aerospace clients, particularly defense primes, Qorvo supplies RF products and specialized compound semiconductor foundry services. In automotive connectivity, it offers RF and UWB SoC solutions. Lastly, Wi-Fi products feature PAs, switches, LNAs, bulk acoustic wave (BAW) filters, and integrated front-end modules (FEMs). Qorvo distributes its products through a dual approach: direct sales to original equipment manufacturers (OEMs) and original design manufacturers (ODMs), and indirectly via a network of sales representatives and authorized distributors. Established in 1957, the company maintains its headquarters 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
19.18% HPA
11.46% CSG
69.35% ACG
QRVO Stock 12 Month Forecast
Average Price Target
$93.56
▲(14.23% Upside)
Technical Analysis
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Ownership Overview
7.28% Insiders
17.84% Mutual Funds
26.14% Other Institutional Investors
19.24% Public Companies and Individual Investors