Qorvo (NASDAQ:QRVO) Posts Quarterly Earnings Results

Qorvo (NASDAQ:QRVO) released its quarterly earnings results on Tuesday. The semiconductor company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.13, Zacks reports. Qorvo had a negative net margin of 3.58% and a positive return on equity of 13.81%. Qorvo updated its Q4 2025 guidance to 0.900-1.100 EPS.

Qorvo Stock Down 2.1 %

Shares of QRVO stock traded down $1.85 during trading on Tuesday, reaching $85.78. The company’s stock had a trading volume of 4,763,635 shares, compared to its average volume of 3,764,485. Qorvo has a 1-year low of $64.54 and a 1-year high of $130.99. The stock’s 50-day moving average price is $72.61 and its 200 day moving average price is $92.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.90 and a quick ratio of 1.38. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of -58.75, a P/E/G ratio of 6.98 and a beta of 1.40.

Analyst Ratings Changes

A number of brokerages have recently issued reports on QRVO. JPMorgan Chase & Co. lowered their target price on shares of Qorvo from $115.00 to $95.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. TD Cowen cut their target price on Qorvo from $125.00 to $85.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. UBS Group cut their price target on Qorvo from $115.00 to $90.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Bank of America cut their price target on Qorvo from $115.00 to $80.00 and set an “underperform” rating for the company in a research note on Wednesday, October 30th. Finally, The Goldman Sachs Group cut their price objective on Qorvo from $99.00 to $78.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $98.82.

Insider Transactions at Qorvo

In related news, SVP Philip Chesley sold 4,045 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $70.15, for a total value of $283,756.75. Following the transaction, the senior vice president now owns 30,261 shares in the company, valued at $2,122,809.15. The trade was a 11.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.46% of the company’s stock.

About Qorvo

Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.