Qorvo’s (QRVO) “Hold” Rating Reiterated at Benchmark

Benchmark reaffirmed their hold rating on shares of Qorvo (NASDAQ:QRVO) in a report published on Wednesday morning,Benzinga reports.

QRVO has been the topic of several other reports. UBS Group lowered their target price on Qorvo from $108.00 to $87.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. Mizuho lowered their price objective on Qorvo from $85.00 to $70.00 and set a “neutral” rating on the stock in a research note on Wednesday. Weiss Ratings cut Qorvo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Cfra Research upgraded Qorvo to a “hold” rating in a report on Tuesday, October 28th. Finally, Morgan Stanley set a $84.00 price target on shares of Qorvo in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $93.56.

Qorvo Stock Performance

Shares of QRVO opened at $78.11 on Wednesday. Qorvo has a 52-week low of $49.46 and a 52-week high of $106.30. The stock has a market cap of $7.24 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 1.46 and a beta of 1.36. The firm’s fifty day moving average is $84.49 and its two-hundred day moving average is $87.56. The company has a quick ratio of 2.20, a current ratio of 3.67 and a debt-to-equity ratio of 0.42.

Qorvo (NASDAQ:QRVO) last issued its earnings results on Tuesday, January 27th. The semiconductor company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.24. The business had revenue of $993.00 million during the quarter, compared to analysts’ expectations of $984.10 million. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.61 earnings per share. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. Research analysts forecast that Qorvo will post 4.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of QRVO. Vanguard Group Inc. increased its position in shares of Qorvo by 0.9% during the third quarter. Vanguard Group Inc. now owns 11,105,104 shares of the semiconductor company’s stock valued at $1,011,453,000 after acquiring an additional 100,058 shares during the last quarter. State Street Corp boosted its position in shares of Qorvo by 5.0% during the 2nd quarter. State Street Corp now owns 3,704,113 shares of the semiconductor company’s stock worth $314,516,000 after purchasing an additional 175,031 shares during the period. Norges Bank acquired a new stake in Qorvo in the 2nd quarter valued at approximately $153,994,000. Dimensional Fund Advisors LP raised its position in Qorvo by 16.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,727,103 shares of the semiconductor company’s stock valued at $157,298,000 after purchasing an additional 243,147 shares during the period. Finally, LSV Asset Management lifted its stake in Qorvo by 10.0% during the third quarter. LSV Asset Management now owns 1,520,856 shares of the semiconductor company’s stock worth $138,520,000 after purchasing an additional 137,886 shares in the last quarter. Institutional investors and hedge funds own 88.57% of the company’s stock.

Trending Headlines about Qorvo

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Seeking Alpha highlights a bullish view — rates QRVO a strong buy based on long-term growth, expected merger synergies, cost restructuring and management’s margin/EPS targets (FY’27 margin and EPS improvement). Qorvo: Business Transitions Can Be Tough (Seeking Alpha)
• Positive Sentiment: TipRanks summary of Qorvo’s earnings call notes profits rising as revenue resets and management prioritizing margins — this supports the view that near-term earnings quality is improving after the quarterly beat. Qorvo Earnings Call: Profits Rise as Revenue Resets (TipRanks)
• Neutral Sentiment: TipRanks reports Qorvo issued supplemental disclosures amid merger litigation — provides additional transparency but does not remove deal execution risk. Qorvo Issues Supplemental Disclosures Amid Merger Litigation (TipRanks)
• Neutral Sentiment: Seeking Alpha also notes Qorvo could offer value but warns that achieving stable, profitable growth remains a work in progress — a balanced reminder of execution risk vs. upside. Qorvo Should Offer Value… (Seeking Alpha)
• Negative Sentiment: Multiple sell‑side firms cut expectations and price targets (Citigroup, TD Cowen, Stifel, Piper Sandler, Mizuho, Craig Hallum), increasing near-term downside pressure by signaling weaker demand or execution risk. Example: Stifel trimmed its PT to $85. Stifel Nicolaus Lowers Qorvo Price Target to $85.00
• Negative Sentiment: Piper Sandler lowered its price target to $90, signaling reduced optimism from the Street on near‑term upside. Piper Sandler Lowers Qorvo Price Target to $90.00
• Negative Sentiment: Other recent analyst notes from Citigroup, TD Cowen, Mizuho and Craig Hallum also lower expectations, contributing to selling pressure as investors reprice growth and deal risk. Citigroup Issues Pessimistic Forecast for Qorvo
• Negative Sentiment: TipRanks flags new merger risk: the Qorvo–Skyworks deal faces high regulatory hurdles, break‑up fee and execution risks that could create pronounced share‑price volatility if the transaction is delayed or altered. Qorvo–Skyworks Merger Faces High Regulatory Hurdles (TipRanks)
• Negative Sentiment: Benzinga and other commentary argue Qorvo’s long‑term outlook remains unconvincing absent clearer execution on margins and the merger, reinforcing cautious sentiment. Qorvo Stock: Long-Term Outlook Remains Unconvincing (Benzinga)

About Qorvo

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.