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

Qorvo (NASDAQ:QRVO) had its price target reduced by analysts at TD Cowen from $95.00 to $80.00 in a research note issued on Wednesday, Marketbeat.com reports. The brokerage presently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s target price would indicate a potential upside of 2.42% from the stock’s current price.

A number of other analysts also recently weighed in on QRVO. Weiss Ratings downgraded Qorvo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Argus upgraded Qorvo to a “hold” rating in a research report on Wednesday, November 5th. Cfra restated a “hold” rating and set a $122.00 price objective on shares of Qorvo in a research report on Tuesday, October 28th. Zacks Research lowered Qorvo from a “hold” rating to a “strong sell” rating in a research note on Monday, January 19th. Finally, Morgan Stanley set a $110.00 target price on shares of Qorvo and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Qorvo presently has a consensus rating of “Hold” and an average target price of $93.56.

Qorvo Stock Up 1.2%

Shares of NASDAQ QRVO opened at $78.11 on Wednesday. The company has a 50 day simple moving average of $84.56 and a 200 day simple moving average of $87.63. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.67 and a quick ratio of 2.20. Qorvo has a 1 year low of $49.46 and a 1 year high of $106.30. The firm 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.

Qorvo (NASDAQ:QRVO) last posted its earnings results 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. The firm had revenue of $993.00 million for the quarter, compared to analyst estimates of $984.10 million. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.61 EPS. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, research analysts forecast that Qorvo will post 4.09 EPS for the current year.

Institutional Trading of Qorvo

Large investors have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Qorvo during the 2nd quarter valued at $25,000. Nisa Investment Advisors LLC bought a new stake in Qorvo in the third quarter valued at $25,000. Winnow Wealth LLC acquired a new position in shares of Qorvo during the third quarter valued at about $27,000. Stance Capital LLC acquired a new position in shares of Qorvo during the third quarter valued at about $27,000. Finally, Sound Income Strategies LLC boosted its position in shares of Qorvo by 952.8% during the 4th quarter. Sound Income Strategies LLC now owns 379 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 343 shares in the last quarter. Institutional investors and hedge funds own 88.57% of the company’s stock.

Qorvo News Summary

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.

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.