Qorvo, Inc. (QRVO)

NASDAQ: QRVO · Real-Time Price · USD
90.53
+1.56 (1.75%)
At close: May 8, 2026, 4:00 PM EDT
90.82
+0.29 (0.32%)
After-hours: May 8, 2026, 7:47 PM EDT
Market Cap7.94B +33.9%
Revenue (ttm)3.68B -1.1%
Net Income338.99M +509.5%
EPS3.62 +524.1%
Shares Out 87.74M
PE Ratio25.01
Forward PE13.13
Dividendn/a
Ex-Dividend Daten/a
Volume1,091,949
Open90.76
Previous Close88.97
Day's Range89.41 - 91.14
52-Week Range71.64 - 106.30
Beta1.42
AnalystsHold
Price Target92.27 (+1.92%)
Earnings DateMay 5, 2026

About QRVO

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for defense and aerospace, and 5G and 6G infrastructure markets. The CSG segment supplies connectivity and sensor solutions featuring various technolo... [Read more]

Sector Technology
IPO Date Jun 3, 1997
Employees 6,200
Stock Exchange NASDAQ
Ticker Symbol QRVO
Full Company Profile

Financial Performance

In fiscal year 2026, Qorvo's revenue was $3.68 billion, a decrease of -1.09% compared to the previous year's $3.72 billion. Earnings were $338.99 million, an increase of 509.53%.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for QRVO stock is "Hold." The 12-month stock price target is $92.27, which is an increase of 1.92% from the latest price.

Price Target
$92.27
(1.92% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Qorvo price target raised to $100 from $90 at Citi

Citi raised the firm’s price target on Qorvo (QRVO) to $100 from $90 and keeps a Neutral rating on the shares.

3 days ago - TheFly

Qorvo price target raised to $100 from $87 at UBS

UBS analyst Timothy Arcuri raised the firm’s price target on Qorvo (QRVO) to $100 from $87 and keeps a Neutral rating on the shares. Qorvo appears to be benefiting from

3 days ago - TheFly

Qorvo price target raised to $100 from $85 at JPMorgan

JPMorgan analyst Peter Peng raised the firm’s price target on Qorvo (QRVO) to $100 from $85 and keeps a Neutral rating on the shares. The firm views the company’s March

3 days ago - TheFly

Qorvo price target raised to $120 from $95 at Craig-Hallum

Craig-Hallum analyst Anthony Stoss raised the firm’s price target on Qorvo (QRVO) to $120 from $95 and keeps a Buy rating on the shares. The firm notes Qorvo reported March

3 days ago - TheFly

Qorvo reports Q4 EPS $1.69, consensus $1.21

Reports Q4 revenue $808.3M, consensus $801.76M. Bob Bruggeworth, president and chief executive officer of Qorvo (QRVO), said, “Qorvo’s fiscal fourth quarter performance reflects continued operational ...

4 days ago - TheFly

Qorvo® Announces Fiscal 2026 Fourth Quarter Financial Results

GREENSBORO, N.C., May 05, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2026 ...

4 days ago - GlobeNewsWire

Qorvo upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Tom O’Malley upgraded Qorvo (QRVO) to Overweight from Equal Weight with a price target of $100, up from $95. The firm believes Apple’s pushed out lower-end phone launch

18 days ago - TheFly

Qorvo® to Distribute Quarterly Earnings on May 5, 2026

GREENSBORO, N.C., April 21, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will distribute fiscal 2026 fourth quarter financial results ...

19 days ago - GlobeNewsWire

Qorvo downgraded, Ulta Beauty upgraded: Wall Street’s top analyst calls

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by

19 days ago - TheFly

Monday's Morning Movers: ASTS Sell-Off, SNDK PT Hike, QRVO & SWKS Downgrades

Markets are finding their footing on Monday morning, but AST Spacemobile (ASTS) really came "down to Earth," says Diane King Hall. She explains why the company is de-orbiting BlueBird 7 and turns to t...

Other symbols: SWKSASTSSNDK
20 days ago - Schwab Network

Mizuho downgrades Qorvo to Underperform on handset weakness

Mizuho analyst Vijay Rakesh downgraded Qorvo (QRVO) to Underperform from Neutral with a price target of $66, down from $70. The firm cites its supply chain checks and handset industry

20 days ago - TheFly

Qorvo downgraded to Underperform from Neutral at Mizuho

Mizuho downgraded Qorvo (QRVO) to Underperform from Neutral with a $66 price target

20 days ago - TheFly

Qorvo downgraded to Peer Perform from Outperform at Wolfe Research

Wolfe Research downgraded Qorvo (QRVO) to Peer Perform from Outperform with no price target The firm cites the company’s pending acquisition by Skyworks (SWKS) for the downgrade. The acquisition is

23 days ago - TheFly

NexSat Space Systems Launches and Unveils ACE: The Invisible Antenna

Revolutionary Ku/Ka Fully Integrated Aero-Conformal Antenna System Sets a New Standard for Aircraft Connectivity and Paves the Way for Supersonic and Hypersonic Flight — Developed in Collaboration wit...

6 weeks ago - GlobeNewsWire

Qorvo price target raised to $95 from $90 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Qorvo (QRVO) to $95 from $90 and keeps an Equal Weight rating on the shares. The firm updated estimates in

2 months ago - TheFly

Qorvo Transcript: EGM 2026

A virtual special meeting was held to vote on a merger with Skyworks Solutions and related executive compensation. Both proposals passed with a majority, and final results will be reported on Form 8-K.

3 months ago - Transcripts

Qorvo Earnings Call Transcript: Q3 2026

Q3 results exceeded guidance with strong gross margin and EPS, driven by strategic portfolio shifts and cost discipline. FY 2027 revenue is expected to decline mid-single digits as Android exposure is reduced, while HPA grows and margins improve.

3 months ago - Transcripts

Qorvo® Announces Fiscal 2026 Third Quarter Financial Results

GREENSBORO, N.C., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2026...

3 months ago - GlobeNewsWire

Qorvo® to Webcast Quarterly Earnings Conference Call on January 27, 2026

GREENSBORO, N.C., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2026 third quarte...

4 months ago - GlobeNewsWire

Qorvo Earnings Call Transcript: Q2 2026

Solid Q2 results with revenue and margins above guidance, driven by premium smartphone and defense growth. Strategic restructuring and factory optimization are improving profitability, while exposure to low-margin Android is being reduced. HPA and infrastructure segments show strong momentum.

6 months ago - Transcripts

Qorvo® Announces Fiscal 2026 Second Quarter Financial Results

GREENSBORO, N.C., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2026...

6 months ago - GlobeNewsWire

Qorvo Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Qorvo, Inc. - QRVO

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...

Other symbols: SWKS
6 months ago - Business Wire

Skyworks CEO sees chance to save power in AI-driven phones with Qorvo deal

Skyworks Solutions CEO Phil Brace sees a path toward chips that would help smartphones have faster wireless data connections while consuming less power by combining his firm's technologies with those ...

Other symbols: SWKS
6 months ago - Reuters

Apple suppliers Qorvo and Skyworks to merge, creating a $22 billion chip giant

Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion.

Other symbols: AAPLSWKS
6 months ago - Fast Company

Why is Skyworks paying a hefty premium for Qorvo stock?

Skyworks Solutions Inc (NASDAQ: SWKS) has announced a stock-and-cash agreement to acquire Qorvo Inc (NASDAQ: QRVO) – valuing the combined entity at roughly $22 billion. The semiconductor company will ...

Other symbols: SWKS
6 months ago - Invezz