Mizuho Has Lowered Expectations for Qorvo (NASDAQ:QRVO) Stock Price

Qorvo (NASDAQ:QRVO) had its price objective decreased by research analysts at Mizuho from $85.00 to $70.00 in a research report issued to clients and investors on Wednesday, Marketbeat reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. Mizuho’s target price would indicate a potential downside of 10.38% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on QRVO. Citigroup upgraded shares of Qorvo from a “sell” rating to a “neutral” rating and upped their price target for the company from $70.00 to $105.00 in a report on Tuesday, October 28th. Cfra Research upgraded Qorvo to a “hold” rating in a research note on Tuesday, October 28th. Craig Hallum lowered their target price on Qorvo from $110.00 to $95.00 and set a “buy” rating on the stock in a report on Wednesday. Zacks Research downgraded Qorvo from a “hold” rating to a “strong sell” rating in a research report on Monday, January 19th. Finally, Susquehanna reduced their price objective on Qorvo from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $93.56.

Qorvo Trading Up 1.2%

Shares of QRVO stock opened at $78.11 on Wednesday. Qorvo has a 12 month low of $49.46 and a 12 month high of $106.30. The company has a market cap of $7.22 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 1.44 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. The business’s 50 day moving average is $84.56 and its two-hundred day moving average is $87.63.

Qorvo (NASDAQ:QRVO) last issued its quarterly earnings data on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.24. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The business had revenue of $993.00 million during the quarter, compared to analysts’ expectations of $984.10 million. During the same period in the previous year, the company earned $1.61 earnings per share. Qorvo’s revenue for the quarter was up 8.4% on a year-over-year basis. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities analysts predict that Qorvo will post 4.09 EPS for the current year.

Institutional Trading of Qorvo

Institutional investors have recently modified their holdings of the company. Lecap Asset Management Ltd. bought a new position in Qorvo in the third quarter worth $2,689,000. Norges Bank bought a new stake in Qorvo in the 2nd quarter valued at $153,994,000. Seizert Capital Partners LLC acquired a new position in shares of Qorvo in the 3rd quarter valued at $2,092,000. Vinva Investment Management Ltd bought a new position in shares of Qorvo during the 2nd quarter worth about $507,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Qorvo during the 2nd quarter valued at about $2,758,000. Institutional investors and hedge funds own 88.57% of the company’s stock.

Trending Headlines about Qorvo

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Q3 results topped expectations: EPS $2.17 vs. $1.93 est and revenue $993M vs. $984M est, with strength in smartphone, Wi‑Fi and automotive UWB and management pointing to profit-focused execution. This supports upside from margin improvement and cash flow. Qorvo Q3 Earnings Surpass Estimates
• Positive Sentiment: Some bullish analyst/commentary views see long‑term upside from the company’s exit of low‑margin businesses, cost restructuring and expected merger synergies (Skyworks), arguing this could lift margins and EPS over time. Qorvo: Business Transitions Can Be Tough
• Neutral Sentiment: Qorvo issued supplemental disclosures tied to the proposed Skyworks acquisition and related litigation — an overhang that could delay or complicate deal timing but isn’t new. Monitor legal updates for potential volatility. Qorvo Issues Supplemental Disclosures
• Negative Sentiment: Guidance disappointed: Q4 EPS guided to $1.05–$1.35 and revenue to $775M–$825M vs. consensus near $901.5M — the revenue reset and cautious outlook on Android demand drove concern about near‑term growth. Qorvo tumbles amid weak Q4 outlook
• Negative Sentiment: Multiple firms trimmed price targets and some ratings were moved to neutral/hold, citing a weaker long‑term revenue outlook despite improving profitability — analyst downgrades can cap near‑term upside and weigh on sentiment. Qorvo Stock: Long-Term Outlook Remains Unconvincing
• Negative Sentiment: Short interest jumped ~50% in January to ~3.37M shares (about 3.7% of float), increasing the potential for near‑term selling pressure or volatile squeezes around headline events.

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.