Qorvo (NASDAQ:QRVO) Price Target Cut to $80.00 by Analysts at TD Cowen

Qorvo (NASDAQ:QRVO) had its target price cut by TD Cowen from $95.00 to $80.00 in a research report report published on Wednesday morning, MarketBeat.com reports. They currently have a hold rating on the semiconductor company’s stock.

QRVO has been the subject of several other research reports. Cfra Research raised Qorvo to a “hold” rating in a research note on Tuesday, October 28th. Cfra restated a “hold” rating and issued a $122.00 price target on shares of Qorvo in a research report on Tuesday, October 28th. Citigroup upgraded shares of Qorvo from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $70.00 to $105.00 in a report on Tuesday, October 28th. Susquehanna reduced their price objective on shares of Qorvo from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. raised Qorvo from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $92.00 to $105.00 in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Qorvo presently has an average rating of “Hold” and an average target price of $93.56.

Qorvo Stock Down 6.8%

Shares of QRVO opened at $77.18 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.20 and a current ratio of 2.95. Qorvo has a 52 week low of $49.46 and a 52 week high of $106.30. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 1.55 and a beta of 1.36. The stock has a fifty day moving average of $84.58 and a 200-day moving average of $87.69.

Qorvo (NASDAQ:QRVO) last issued its earnings results on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.24. The business had revenue of $993.00 million during the quarter, compared to analysts’ expectations of $984.10 million. Qorvo had a return on equity of 14.83% and a net margin of 9.11%.The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.61 EPS. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. As a group, sell-side analysts anticipate that Qorvo will post 4.09 earnings per share for the current fiscal year.

Institutional Trading of Qorvo

A number of institutional investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS raised its position in shares of Qorvo by 669.6% in the 4th quarter. KLP Kapitalforvaltning AS now owns 141,600 shares of the semiconductor company’s stock worth $11,967,000 after acquiring an additional 123,200 shares in the last quarter. M&T Bank Corp boosted its position in shares of Qorvo by 3,397.3% during the 4th quarter. M&T Bank Corp now owns 150,173 shares of the semiconductor company’s stock valued at $12,691,000 after purchasing an additional 145,879 shares in the last quarter. Salomon & Ludwin LLC grew its stake in Qorvo by 54.4% during the fourth quarter. Salomon & Ludwin LLC now owns 559 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 197 shares during the period. Optas LLC bought a new stake in Qorvo in the fourth quarter worth approximately $385,000. Finally, Krilogy Financial LLC acquired a new position in Qorvo in the fourth quarter valued at approximately $288,000. Institutional investors own 88.57% of the company’s stock.

Qorvo News Roundup

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Q3 results beat expectations — EPS $2.17 vs. consensus ~$1.93 and revenue $993M vs. ~$984M; company reported growth in smartphone, Wi‑Fi and automotive UWB end markets, supporting near‑term profitability improvements. Read More.
• Positive Sentiment: Earnings commentary highlighted margin expansion and profit focus even as revenue normalizes — analysts note improving profitability offsets some top‑line concerns. Read More.
• Neutral Sentiment: Analysts and transcripts: Full earnings call and transcript are available for those modeling FY guidance and segment trends. Useful for parsing management’s color on Android/handset exposure and non‑smartphone growth. Read More.
• Neutral Sentiment: Merger/legals: Qorvo issued supplemental disclosures tied to the previously announced Skyworks acquisition and related litigation — watch for any deal/timing implications. Read More.
• Negative Sentiment: Weak Q4 guidance drove the selloff — management guided Q4 EPS to $1.05–1.35 (consensus ~1.23) and revenue to $775–825M vs. consensus ~901.5M, signaling a sizable near‑term revenue shortfall vs. street expectations. Read More.
• Negative Sentiment: Multiple firms cut price targets and trimmed upside (examples: Piper Sandler, Mizuho, TD Cowen, Citi), reflecting reduced revenue visibility and prompting downward re‑ratings. Read More.
• Negative Sentiment: Short interest rose materially in January (≈50% jump to ~3.37M shares), increasing bearish pressure and adding liquidity to downside moves amid the weaker outlook.

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.