Qorvo, Inc. (NASDAQ:QRVO) Sees Significant Growth in Short Interest

Qorvo, Inc. (NASDAQ:QRVO) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,372,416 shares, an increase of 50.6% from the December 31st total of 2,239,702 shares. Based on an average trading volume of 1,134,815 shares, the days-to-cover ratio is currently 3.0 days. Approximately 3.7% of the company’s stock are sold short. Approximately 3.7% of the company’s stock are sold short. Based on an average trading volume of 1,134,815 shares, the days-to-cover ratio is currently 3.0 days.

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)

Qorvo Stock Performance

Shares of QRVO stock remained flat at $78.11 during trading hours on Friday. 1,803,602 shares of the company’s stock traded hands, compared to its average volume of 1,401,934. The stock has a market capitalization of $7.24 billion, a P/E ratio of 21.52, a PEG ratio of 1.46 and a beta of 1.36. 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 has a 52-week low of $49.46 and a 52-week high of $106.30. The stock has a 50-day simple moving average of $84.49 and a 200 day simple moving average of $87.56.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. TD Cowen reduced their target price on Qorvo from $95.00 to $80.00 and set a “hold” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. upgraded shares of Qorvo from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $92.00 to $105.00 in a research report on Tuesday, November 4th. Stifel Nicolaus decreased their price objective on Qorvo from $88.00 to $85.00 and set a “hold” rating for the company in a report on Wednesday. Argus raised shares of Qorvo to a “hold” rating in a research report on Wednesday, November 5th. Finally, Piper Sandler reissued a “neutral” rating on shares of Qorvo in a report on Wednesday. Two analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $93.56.

Institutional Investors Weigh In On Qorvo

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in Qorvo during the second quarter valued at approximately $153,994,000. Marshall Wace LLP raised its position in shares of Qorvo by 16,066.5% in the 3rd quarter. Marshall Wace LLP now owns 814,630 shares of the semiconductor company’s stock worth $74,197,000 after acquiring an additional 809,591 shares in the last quarter. LSV Asset Management raised its position in shares of Qorvo by 118.0% in the 2nd quarter. LSV Asset Management now owns 1,382,970 shares of the semiconductor company’s stock worth $117,428,000 after acquiring an additional 748,589 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in Qorvo during the third quarter valued at about $66,594,000. Finally, Dorsal Capital Management LP boosted its holdings in shares of Qorvo by 146.9% in the 3rd quarter. Dorsal Capital Management LP now owns 1,000,000 shares of the semiconductor company’s stock valued at $91,080,000 after buying an additional 595,000 shares in the last quarter. Hedge funds and other institutional investors own 88.57% of the company’s stock.

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.