Qorvo (NASDAQ:QRVO) Price Target Raised to $100.00 at JPMorgan Chase & Co.

Qorvo (NASDAQ:QRVO) had its price target lifted by equities research analysts at JPMorgan Chase & Co. from $85.00 to $100.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 12.44% from the company’s previous close.

QRVO has been the subject of a number of other reports. Stifel Nicolaus cut their price objective on Qorvo from $88.00 to $85.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Citigroup cut their price objective on Qorvo from $105.00 to $90.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. Piper Sandler restated a “neutral” rating on shares of Qorvo in a research report on Wednesday, January 28th. Craig Hallum restated a “buy” rating and issued a $120.00 price objective on shares of Qorvo in a research report on Wednesday. Finally, Morgan Stanley set a $84.00 price objective on Qorvo in a research report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Qorvo presently has a consensus rating of “Hold” and a consensus price target of $95.19.

Qorvo Price Performance

Shares of Qorvo stock traded down $7.41 on Wednesday, reaching $88.94. The company’s stock had a trading volume of 2,410,285 shares, compared to its average volume of 1,297,357. The company has a market capitalization of $8.25 billion, a P/E ratio of 24.50, a PEG ratio of 1.46 and a beta of 1.42. Qorvo has a 52-week low of $69.31 and a 52-week high of $106.30. The stock 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 posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.48. The business had revenue of $808.30 million during the quarter, compared to analysts’ expectations of $801.31 million. Qorvo had a return on equity of 14.57% and a net margin of 9.11%.The business’s revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.42 earnings per share. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Analysts expect that Qorvo will post 5.29 EPS for the current year.

Institutional Trading of Qorvo

Several large investors have recently made changes to their positions in QRVO. Nisa Investment Advisors LLC purchased a new stake in shares of Qorvo during the third quarter worth approximately $25,000. Winnow Wealth LLC acquired a new position in Qorvo during the third quarter worth $27,000. Stance Capital LLC acquired a new position in Qorvo during the third quarter worth $27,000. Smartleaf Asset Management LLC boosted its stake in Qorvo by 215.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 338 shares of the semiconductor company’s stock worth $29,000 after buying an additional 231 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in 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 last quarter. 88.57% of the stock is currently owned by hedge funds and other institutional investors.

More Qorvo News

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Q4 non-GAAP EPS came in well above estimates at $1.69 (vs. ~$1.21 consensus), driven by margin expansion and cost control, which helped profitability. Qorvo Q4 Earnings Surpass Estimates Despite Lower Revenue Growth
• Positive Sentiment: Management raised FY‑2027 EPS guidance to 7.00 (midpoint effectively 7.00), above street estimates (~6.53), signaling confidence in margin and profitability trajectory. Qorvo® Announces Fiscal 2026 Fourth Quarter Financial Results
• Neutral Sentiment: GAAP results were weaker (GAAP EPS $0.32) versus non‑GAAP figures, so investors must reconcile one‑time adjustments when modeling forward earnings. Qorvo Press Release (PDF)
• Neutral Sentiment: Analysts and outlets are re-checking valuation after a recent share-price run; a higher multiple after strong EPS could make the stock vulnerable to disappointment. Qorvo Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Revenue declined ~7% YoY to $808.3M and management cited weak smartphone demand — a key end market — which raises growth uncertainty. Qorvo (QRVO) Tops Q4 Earnings and Revenue Estimates
• Negative Sentiment: Inventory levels increased and the company flagged channel/stock build, which could pressure near-term revenue and margins if demand remains soft. Qorvo 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.