Credit Industriel ET Commercial Invests $5.22 Million in Qorvo, Inc. $QRVO

Credit Industriel ET Commercial bought a new position in shares of Qorvo, Inc. (NASDAQ:QRVO) in the 4th quarter, Holdings Channel reports. The fund bought 61,800 shares of the semiconductor company’s stock, valued at approximately $5,223,000.

Other hedge funds have also made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new stake in shares of Qorvo during the third quarter worth about $25,000. Winnow Wealth LLC acquired a new stake in shares of Qorvo during the third quarter worth about $27,000. Stance Capital LLC acquired a new stake in shares of Qorvo during the third quarter worth about $27,000. Sound Income Strategies LLC boosted its stake in shares of Qorvo by 952.8% during the fourth quarter. Sound Income Strategies LLC now owns 379 shares of the semiconductor company’s stock worth $30,000 after buying an additional 343 shares during the period. Finally, Advisory Services Network LLC purchased a new position in Qorvo during the third quarter worth about $36,000. Institutional investors and hedge funds own 88.57% of the company’s stock.

Qorvo Trading Up 4.1%

NASDAQ QRVO opened at $96.35 on Wednesday. The stock has a market capitalization of $8.93 billion, a P/E ratio of 26.54, a P/E/G ratio of 1.46 and a beta of 1.42. Qorvo, Inc. has a 52-week low of $69.03 and a 52-week high of $106.30. The firm has a 50-day moving average price of $81.03 and a 200 day moving average price of $83.95. The company has a quick ratio of 2.89, 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, May 5th. The semiconductor company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.48. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company had revenue of $808.30 million during the quarter, compared to analysts’ expectations of $801.31 million. During the same period last year, the company posted $1.42 earnings per share. The firm’s quarterly revenue was down 7.0% compared to the same quarter last year. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Equities research analysts expect that Qorvo, Inc. will post 5.29 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Benchmark reissued a “hold” rating on shares of Qorvo in a report on Wednesday, January 28th. KeyCorp reissued a “sector weight” rating on shares of Qorvo in a report on Wednesday, January 28th. Mizuho reissued an “underperform” rating and set a $66.00 price target (down from $70.00) on shares of Qorvo in a report on Monday, April 20th. Craig Hallum cut their price target on shares of Qorvo from $110.00 to $95.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Finally, TD Cowen cut their price target on shares of Qorvo from $95.00 to $80.00 and set a “hold” rating for the company in a report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $93.94.

Qorvo News Roundup

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Q4 / Q1 results materially beat estimates — non‑GAAP EPS of $1.69 topped consensus (~$1.21) and revenue of $808.3M slightly beat expectations, showing stronger profitability than analysts modeled. Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Company set FY‑2027 EPS guidance at 7.00 — above the Street consensus (~6.53), a meaningful beat that signals management confidence in future earnings and is a primary reason buyers are supporting the stock. Qorvo Announces Fiscal 2026 Fourth Quarter Financial Results
• Positive Sentiment: Strong non‑GAAP margins and operating income — non‑GAAP gross margin ~52.6% and sizable non‑GAAP operating income ($190.2M) support higher profit forecasts and improve cash‑flow visibility. Qorvo Announces Fiscal 2026 Fourth Quarter Financial Results
• Neutral Sentiment: Recent share price momentum has drawn attention to valuation — after the run higher investors and analysts are reassessing whether the current multiple fairly reflects the improved guidance and profit metrics. Qorvo (QRVO) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Revenue is down year‑over‑year (≈7% decline) despite the beat — suggests demand softness in some end markets that could pressure growth if not reversed. Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates
• Negative Sentiment: Inventory levels increased heading into the quarter — raises near‑term risk to margins and future shipments if channel stocking persists rather than end‑market recovery. Qorvo (NASDAQ:QRVO) Q1: Beats On Revenue But Inventory Levels Increase

Qorvo Company Profile

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.