Qorvo (NASDAQ:QRVO) Lowered to Hold Rating by Wall Street Zen

Posted by George Bondi on Jul 26th, 2026

Wall Street Zen lowered shares of Qorvo (NASDAQ:QRVO – Free Report) from a buy rating to a hold rating in a report published on Saturday.

Several other research firms also recently weighed in on QRVO. Craig Hallum reiterated a “buy” rating and set a $120.00 price target on shares of Qorvo in a research note on Wednesday, May 6th. Citigroup boosted their price objective on Qorvo from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their price objective on shares of Qorvo from $85.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. UBS Group increased their target price on shares of Qorvo from $87.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Barclays upgraded shares of Qorvo from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $95.00 to $100.00 in a research report on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $97.07.

Check Out Our Latest Stock Analysis on QRVO

Qorvo Stock Down 0.3%

QRVO opened at $86.51 on Friday. Qorvo has a twelve month low of $74.92 and a twelve month high of $109.49. The company’s 50-day moving average price is $94.67 and its two-hundred day moving average price is $86.58. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 23.90, a PEG ratio of 1.36 and a beta of 1.44. The company has a quick ratio of 2.46, a current ratio of 3.24 and a debt-to-equity ratio of 0.46.

Qorvo (NASDAQ:QRVO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.48. The company had revenue of $808.28 million during the quarter, compared to analyst estimates of $801.31 million. Qorvo had a net margin of 9.22% and a return on equity of 15.32%. Qorvo’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.42 EPS. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. As a group, equities analysts expect that Qorvo will post 5.83 earnings per share for the current year.

Insider Activity

In other news, VP Gina Harrison sold 4,714 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $100.00, for a total transaction of $471,400.00. Following the completion of the transaction, the vice president directly owned 24,429 shares in the company, valued at $2,442,900. The trade was a 16.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert A. Bruggeworth sold 57,957 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $100.40, for a total value of $5,818,882.80. Following the completion of the sale, the chief executive officer owned 319,880 shares in the company, valued at $32,115,952. This trade represents a 15.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,966,127 shares of company stock valued at $198,911,103 in the last quarter. 0.49% of the stock is currently owned by company insiders.

Institutional Trading of Qorvo

Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp raised its position in shares of Qorvo by 440.1% during the 1st quarter. Jones Financial Companies Lllp now owns 8,134 shares of the semiconductor company’s stock valued at $589,000 after buying an additional 6,628 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Qorvo by 158.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,121 shares of the semiconductor company’s stock valued at $180,000 after purchasing an additional 1,301 shares in the last quarter. First Trust Advisors LP raised its position in Qorvo by 56.5% during the second quarter. First Trust Advisors LP now owns 142,503 shares of the semiconductor company’s stock valued at $12,100,000 after purchasing an additional 51,475 shares in the last quarter. Marshall Wace LLP purchased a new stake in Qorvo during the second quarter valued at about $428,000. Finally, Cerity Partners LLC bought a new stake in Qorvo during the second quarter worth about $327,000. Hedge funds and other institutional investors own 88.57% of the company’s stock.

Qorvo Company Profile

(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.