Qorvo, Inc. (NASDAQ:QRVO) Receives $94.00 Consensus PT from Analysts

Posted by Brenda Bartman on Aug 17th, 2026

Qorvo, Inc. (NASDAQ:QRVO – Get Free Report) has been assigned a consensus rating of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $94.00.

Several analysts recently commented on the company. TD Cowen restated a “hold” rating on shares of Qorvo in a research report on Wednesday, July 29th. UBS Group increased their price target on Qorvo from $91.00 to $96.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Qorvo from $85.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Qorvo from a “hold” rating to a “buy” rating in a research note on Sunday, August 2nd. Finally, Citigroup reduced their price objective on shares of Qorvo from $100.00 to $95.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th.

Check Out Our Latest Report on Qorvo

Insider Activity at Qorvo

In other Qorvo news, CEO Robert A. Bruggeworth sold 57,957 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $100.40, for a total transaction of $5,818,882.80. Following the sale, the chief executive officer directly owned 319,880 shares in the company, valued at approximately $32,115,952. The trade was a 15.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Paul J. Fego sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $100.00, for a total transaction of $250,000.00. Following the completion of the sale, the senior vice president directly owned 71,038 shares of the company’s stock, valued at approximately $7,103,800. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,966,127 shares of company stock worth $198,911,103 in the last 90 days. Corporate insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Qorvo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its stake in Qorvo by 215.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 338 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 231 shares in the last quarter. Sound Income Strategies LLC raised its stake in shares of Qorvo by 952.8% in the 4th quarter. Sound Income Strategies LLC now owns 379 shares of the semiconductor company’s stock worth $30,000 after buying an additional 343 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Qorvo in the 2nd quarter worth $32,000. Advisory Services Network LLC acquired a new stake in shares of Qorvo in the third quarter valued at $36,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Qorvo in the fourth quarter valued at $39,000. Institutional investors own 88.57% of the company’s stock.

Qorvo Price Performance

NASDAQ QRVO opened at $98.11 on Monday. Qorvo has a 52 week low of $74.92 and a 52 week high of $109.49. The company has a current ratio of 3.54, a quick ratio of 2.68 and a debt-to-equity ratio of 0.45. The stock has a market cap of $8.66 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 1.43 and a beta of 1.44. The company has a 50-day moving average price of $92.37 and a two-hundred day moving average price of $87.92.

Qorvo (NASDAQ:QRVO – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.11 by $0.53. The company had revenue of $784.79 million for the quarter, compared to analyst estimates of $743.28 million. Qorvo had a net margin of 10.95% and a return on equity of 17.23%. Qorvo’s revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Analysts forecast that Qorvo will post 6.3 EPS for the current year.

About Qorvo

(Get Free Report)

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.