98.43
price down icon1.09%   -1.08
after-market  After Hours:  98.43 
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Qorvo Inc stock is currently priced at $98.43, with a 24-hour trading volume of 1.08M. It has seen a -1.09% decreased in the last 24 hours and a -10.48% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $99.70 pivot point. If it approaches the $97.94 support level, significant changes may occur.
Previous Close:
$99.51
Open:
$100.14
24h Volume:
1.08M
Market Cap:
$9.50B
Revenue:
$3.77B
Net Income/Loss:
$-70.32M
P/E Ratio:
-98.43
EPS:
-1
Net Cash Flow:
$567.67M
1W Performance:
+0.76%
1M Performance:
-10.48%
6M Performance:
+4.62%
1Y Performance:
+6.43%
1D Range:
Value
$97.42
$100.31
52W Range:
Value
$80.62
$121.65

Qorvo Inc Stock (QRVO) Company Profile

Name
Name
Qorvo Inc
Name
Phone
336-664-1233
Name
Address
7628 Thorndike Road, Greensboro, NC
Name
Employee
8,200
Name
Twitter
@qorvoinc
Name
Next Earnings Date
2024-06-11
Name
Latest SEC Filings
Name
QRVO's Discussions on Twitter

Qorvo Inc Stock (QRVO) Upgrades & Downgrades

Date Action Analyst Rating Change
Feb-01-24 Reiterated Craig Hallum Buy
Jan-04-24 Downgrade Piper Sandler Overweight → Neutral
Dec-08-23 Upgrade Morgan Stanley Equal-Weight → Overweight
Nov-02-23 Downgrade Summit Insights Buy → Hold
Oct-10-23 Downgrade Citigroup Neutral → Sell
Aug-03-23 Upgrade Exane BNP Paribas Neutral → Outperform
Jul-20-23 Initiated Wolfe Research Outperform
May-04-23 Upgrade Summit Insights Hold → Buy
Apr-06-23 Initiated Stifel Hold
Mar-02-23 Resumed Raymond James Outperform
Nov-16-22 Initiated Credit Suisse Outperform
Nov-03-22 Downgrade JP Morgan Overweight → Underweight
Oct-24-22 Downgrade Barclays Overweight → Equal Weight
Oct-11-22 Downgrade Wells Fargo Overweight → Equal Weight
Sep-13-22 Initiated Exane BNP Paribas Neutral
Aug-04-22 Reiterated Cowen Market Perform
Jul-11-22 Downgrade Cowen Outperform → Market Perform
Jun-29-22 Downgrade BofA Securities Neutral → Underperform
May-05-22 Resumed The Benchmark Company Buy
Mar-28-22 Downgrade Goldman Buy → Neutral
Mar-03-22 Downgrade Morgan Stanley Overweight → Equal-Weight
Feb-03-22 Reiterated BMO Capital Markets Market Perform
Feb-03-22 Reiterated Barclays Overweight
Feb-03-22 Reiterated BofA Securities Neutral
Feb-03-22 Reiterated Cowen Outperform
Feb-03-22 Reiterated Mizuho Neutral
Feb-03-22 Reiterated Morgan Stanley Overweight
Feb-03-22 Reiterated Piper Sandler Overweight
Feb-03-22 Reiterated Rosenblatt Neutral
Feb-03-22 Reiterated The Benchmark Company Buy
Feb-03-22 Reiterated UBS Neutral
Jan-13-22 Downgrade Oppenheimer Outperform → Perform
Jan-10-22 Reiterated BofA Securities Neutral
Nov-05-21 Downgrade Argus Buy → Hold
Nov-04-21 Downgrade BofA Securities Buy → Neutral
Nov-04-21 Downgrade Summit Insights Buy → Hold
Oct-20-21 Downgrade Mizuho Buy → Neutral
Aug-05-21 Resumed The Benchmark Company Buy
Jul-01-21 Initiated Argus Buy
May-06-21 Reiterated Craig Hallum Buy
Mar-11-21 Upgrade Barclays Equal Weight → Overweight
Feb-04-21 Reiterated Craig Hallum Buy
Dec-09-20 Initiated Rosenblatt Neutral
Dec-08-20 Reiterated Cowen Outperform
Nov-05-20 Reiterated Cowen Outperform
Nov-05-20 Reiterated Craig Hallum Buy
Oct-01-20 Reiterated Cowen Outperform
Sep-09-20 Reiterated Cowen Outperform
Jul-30-20 Reiterated Cowen Outperform
Jul-30-20 Upgrade Oppenheimer Perform → Outperform
Jun-16-20 Upgrade Morgan Stanley Equal-Weight → Overweight
Jun-15-20 Reiterated Cowen Outperform
May-08-20 Reiterated Craig Hallum Buy
May-08-20 Resumed Loop Capital Buy
Mar-30-20 Reiterated Craig Hallum Buy
Mar-03-20 Upgrade Canaccord Genuity Hold → Buy
Feb-10-20 Initiated Wells Fargo Overweight
Jan-30-20 Reiterated Cowen Outperform
Jan-30-20 Reiterated Craig Hallum Buy
Jan-30-20 Reiterated Needham Buy
Jan-30-20 Upgrade Summit Insights Hold → Buy
Jan-10-20 Upgrade Mizuho Neutral → Buy
View All

Qorvo Inc Stock (QRVO) Financials Data

Qorvo Inc (QRVO) Revenue 2024

QRVO reported a revenue (TTM) of $3.77 billion for the quarter ending March 31, 2024, a +5.61% rise year-over-year.
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Qorvo Inc (QRVO) Net Income 2024

QRVO net income (TTM) was -$70.32 million for the quarter ending March 31, 2024, a -168.17% decrease year-over-year.
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Qorvo Inc (QRVO) Cash Flow 2024

QRVO recorded a free cash flow (TTM) of $567.67 million for the quarter ending December 31, 2023, a -40.14% decrease year-over-year.
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Qorvo Inc (QRVO) Earnings per Share 2024

QRVO earnings per share (TTM) was -$0.7317 for the quarter ending March 31, 2024, a -179.53% decline year-over-year.
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Qorvo Inc Stock (QRVO) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
BRUGGEWORTH ROBERT A
President and CEO
May 15 '24
Sale
99.31
22,299
2,214,514
154,714
CREVISTON STEVEN E
SVP, Connectivity & Sensors
May 15 '24
Sale
99.31
3,000
297,930
71,886
FEGO PAUL J
SVP, Global Operations
May 15 '24
Sale
99.31
2,132
211,729
25,201
HARDING JOHN R
Director
May 08 '24
Sale
97.36
941
91,616
6,950
CREVISTON STEVEN E
SVP, Connectivity & Sensors
Mar 01 '24
Sale
120.00
3,000
360,000
77,552
Chesley Philip
SVP, High Performance Analog
Feb 15 '24
Sale
114.00
4,253
484,842
25,286
FEGO PAUL J
SVP, Global Operations
Feb 15 '24
Sale
114.00
3,027
345,078
29,705
Harrison Gina
VP and Corporate Controller
Feb 15 '24
Sale
114.00
354
40,356
18,442
CREVISTON STEVEN E
SVP, Connectivity & Sensors
Dec 14 '23
Sale
110.00
3,000
330,000
80,552
Harrison Gina
VP and Corporate Controller
Dec 11 '23
Sale
105.00
365
38,325
18,796
Qorvo, Inc. provides radio frequency (RF) solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) segments. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PAs), low noise amplifiers (LNAs), switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers. This segment supplies its solutions for use in mobile devices, including smartphones, notebook computers, wearables, tablets, and cellular-based applications for the Internet of Things (IoT). The IDP segment supplies RF solutions for communications and defense applications, such as high performance defense systems comprising radar, electronic warfare and communication systems, Wi-Fi customer premises equipment for home and work, high speed connectivity in long-term evolution and 5G base stations, cloud connectivity via data center communications and telecom transport, and automotive connectivity and other IoT, including smart home solutions. This segment provides gallium arsenide, gallium nitride power amplifiers, LNAs, switches, complementary metal oxide semiconductor system-on-a-chip solutions, premium BAW and SAW filter solutions, and various multichip and hybrid assemblies. The company sells its products directly to customers, as well as through a network of domestic and foreign sales representative firms and distributors to original equipment manufacturers and original design manufacturers. Qorvo, Inc. was founded in 1991 and is headquartered in Greensboro, North Carolina.
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Cap:     |  Volume (24h):