Qorvo (NASDAQ:QRVO – Get Free Report) is projected to announce its Q3 2026 results after the market closes on Tuesday, January 27th. Analysts expect Qorvo to post earnings of $1.93 per share and revenue of $984.1010 million for the quarter. Qorvo has set its Q3 2026 guidance at 1.650-2.050 EPS. Parties can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, January 27, 2026 at 4:30 PM ET.
Qorvo (NASDAQ:QRVO – Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $2.22 EPS for the quarter, topping the consensus estimate of $2.03 by $0.19. The firm had revenue of $1.06 billion for the quarter. Qorvo had a return on equity of 13.30% and a net margin of 5.95%.The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.88 EPS. On average, analysts expect Qorvo to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Qorvo Price Performance
Shares of Qorvo stock opened at $80.11 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.95 and a quick ratio of 2.20. Qorvo has a one year low of $49.46 and a one year high of $106.30. The business’s 50 day simple moving average is $85.06 and its two-hundred day simple moving average is $88.04. The stock has a market capitalization of $7.40 billion, a P/E ratio of 34.68, a price-to-earnings-growth ratio of 1.50 and a beta of 1.36.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on QRVO
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Qorvo by 5.0% in the 2nd quarter. State Street Corp now owns 3,704,113 shares of the semiconductor company’s stock valued at $314,516,000 after purchasing an additional 175,031 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Qorvo by 20.2% in the second quarter. Bank of America Corp DE now owns 1,518,964 shares of the semiconductor company’s stock worth $128,975,000 after buying an additional 255,068 shares in the last quarter. Woodline Partners LP boosted its position in Qorvo by 36.3% during the third quarter. Woodline Partners LP now owns 1,217,407 shares of the semiconductor company’s stock worth $110,881,000 after acquiring an additional 324,466 shares during the last quarter. Rafferty Asset Management LLC grew its stake in Qorvo by 63.6% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,214,482 shares of the semiconductor company’s stock valued at $103,122,000 after acquiring an additional 472,211 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in Qorvo by 16,066.5% in the 3rd quarter. Marshall Wace LLP now owns 814,630 shares of the semiconductor company’s stock valued at $74,197,000 after acquiring an additional 809,591 shares during the last quarter. 88.57% of the stock is owned by institutional investors and hedge funds.
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.
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