Qorvo (NASDAQ:QRVO - Get Free Report) issued its earnings results on Tuesday. The semiconductor company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.13, Zacks reports. Qorvo had a return on equity of 12.32% and a net margin of 0.71%. During the same period in the prior year, the firm posted $2.10 EPS. Qorvo updated its Q4 2025 guidance to 0.900-1.100 EPS.
Qorvo Stock Performance
Shares of QRVO traded down $1.40 during mid-day trading on Friday, hitting $82.32. The stock had a trading volume of 1,110,890 shares, compared to its average volume of 3,776,627. Qorvo has a 52 week low of $64.54 and a 52 week high of $130.99. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.90 and a quick ratio of 1.38. The business has a fifty day moving average price of $73.73 and a 200-day moving average price of $91.78. The firm has a market cap of $7.78 billion, a P/E ratio of 294.33, a PEG ratio of 6.89 and a beta of 1.40.
Insider Buying and Selling
In related news, SVP Philip Chesley sold 4,045 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $70.15, for a total transaction of $283,756.75. Following the sale, the senior vice president now owns 30,261 shares of the company's stock, valued at approximately $2,122,809.15. This represents a 11.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.46% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of research firms have recently weighed in on QRVO. BNP Paribas downgraded shares of Qorvo from an "outperform" rating to a "neutral" rating and set a $80.00 price target on the stock. in a research note on Wednesday, October 30th. Bank of America cut their price objective on Qorvo from $115.00 to $80.00 and set an "underperform" rating on the stock in a report on Wednesday, October 30th. Loop Capital raised their price objective on shares of Qorvo from $80.00 to $90.00 and gave the company a "hold" rating in a report on Wednesday. TD Cowen lowered their target price on shares of Qorvo from $125.00 to $85.00 and set a "hold" rating for the company in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Qorvo from $115.00 to $95.00 and set an "underweight" rating on the stock in a research report on Wednesday, October 30th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $95.84.
Check Out Our Latest Stock Report on Qorvo
About Qorvo
(
Get Free Report)
Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. 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 automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.
See Also
Before you consider Qorvo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qorvo wasn't on the list.
While Qorvo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
