Piper Sandler upgraded Qorvo from Neutral to Overweight and set a new price target of $110.00 from $85.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2025 | $95.00 | Hold → Buy | The Benchmark Company |
| 4/30/2025 | $90.00 → $80.00 | Hold | TD Cowen |
| 1/27/2025 | $85.00 → $110.00 | Neutral → Overweight | Piper Sandler |
| 1/21/2025 | $90.00 → $106.00 | Equal-Weight → Overweight | Morgan Stanley |
| 11/12/2024 | $73.00 | Hold | Loop Capital |
| 10/30/2024 | Buy → Hold | The Benchmark Company | |
| 10/30/2024 | $125.00 → $85.00 | Hold | TD Cowen |
| 10/30/2024 | Outperform → Mkt Perform | Raymond James |
The Benchmark Company upgraded Qorvo from Hold to Buy and set a new price target of $95.00
TD Cowen reiterated coverage of Qorvo with a rating of Hold and set a new price target of $80.00 from $90.00 previously
Piper Sandler upgraded Qorvo from Neutral to Overweight and set a new price target of $110.00 from $85.00 previously
4 - Qorvo, Inc. (0001604778) (Issuer)
4 - Qorvo, Inc. (0001604778) (Issuer)
4 - Qorvo, Inc. (0001604778) (Issuer)
GREENSBORO, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 fourth quarter ended March 29, 2025. On a GAAP basis, revenue for Qorvo's fiscal 2025 fourth quarter was $869.5 million, gross margin was 42.2%, operating income was $28.2 million, and diluted earnings per share was $0.33. On a non-GAAP basis, gross margin was 45.9%, operating income was $151.8 million, and diluted earnings per share was $1.42. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "During the March quarter, Qorvo achieved stronger than seasonal sequential
GREENSBORO, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 fourth quarter financial results on Tuesday, April 29, 2025, at 4:30 p.m. (ET). The conference call will be webcast live on the Company's Investor Relations website at the following URL: https://ir.qorvo.com (under "Events & Presentations"). A telephone playback of the conference call will be available approximately two hours after the call's completion and can be accessed by dialing 1-412-317-0088 and using the passcode 2889510. The playback will be available through the close of business on May 6, 2025
GREENSBORO, N.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 third quarter ended December 28, 2024. On a GAAP basis, revenue for Qorvo's fiscal 2025 third quarter was $916.3 million, gross margin was 42.7%, operating income was $53.0 million, and diluted earnings per share was $0.43. On a non-GAAP basis, gross margin was 46.5%, operating income was $177.9 million, and diluted earnings per share was $1.61. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "Qorvo is executing on a broad set of strategic initiatives to expand margin