The Benchmark Company downgraded Qorvo from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | Buy → Hold | The Benchmark Company | |
| 10/30/2024 | $125.00 → $85.00 | Hold | TD Cowen |
| 10/30/2024 | Outperform → Mkt Perform | Raymond James | |
| 10/30/2024 | $80.00 | Outperform → Neutral | Exane BNP Paribas |
| 10/28/2024 | $135.00 | Buy | Needham |
| 10/11/2024 | $130.00 → $120.00 | Overweight → Equal-Weight | Morgan Stanley |
| 7/31/2024 | $124.00 → $142.00 | Buy | Craig Hallum |
| 7/31/2024 | $110.00 → $125.00 | Hold | TD Cowen |
10-Q - Qorvo, Inc. (0001604778) (Filer)
8-K - Qorvo, Inc. (0001604778) (Filer)
144 - Qorvo, Inc. (0001604778) (Subject)
4 - Qorvo, Inc. (0001604778) (Issuer)
4 - Qorvo, Inc. (0001604778) (Issuer)
4 - Qorvo, Inc. (0001604778) (Issuer)
The Benchmark Company downgraded Qorvo from Buy to Hold
TD Cowen reiterated coverage of Qorvo with a rating of Hold and set a new price target of $85.00 from $125.00 previously
Raymond James downgraded Qorvo from Outperform to Mkt Perform
SC 13G/A - Qorvo, Inc. (0001604778) (Subject)
SC 13G/A - Qorvo, Inc. (0001604778) (Subject)
SC 13G/A - Qorvo, Inc. (0001604778) (Subject)
GREENSBORO, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced that MediaTek has selected Qorvo as a key supplier for the inaugural wave of Wi-Fi 7 front-end modules (FEMs) on the MediaTek MT6653 Wi-Fi 7/Bluetooth® combo chip. Qorvo's Wi-Fi 7 FEMs and the MediaTek MT6653 used in the MediaTek Dimensity 9400 platform are optimized to deliver a best-in-class end-user experience that help enable enhanced Wi-Fi 7 performance, power efficiency and technical features in mobile devices. Eric Creviston, president of Qorvo's Connectivity and Sensors Group, said, "We're pleased MediaTek has selected Qorvo to be
GREENSBORO, N.C., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 second quarter ended September 28, 2024. On a GAAP basis, revenue for Qorvo's fiscal 2025 second quarter was $1.047 billion, gross margin was 42.6%, operating income was $9.7 million, and loss per share was $0.18. On a non-GAAP basis, gross margin was 47.0%, operating income was $212.2 million, and diluted earnings per share was $1.88. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "In the September quarter, ACG successfully supported our largest customer's seasonal
GREENSBORO, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 second quarter financial results on Tuesday, October 29, 2024, at 5:00 p.m. (ET). The conference call will be webcast live on the Company's Investor Relations website at the following URL: https://ir.qorvo.com (under "Events & Presentations"). A telephone playback of the conference call will be available approximately two hours after the call's completion and can be accessed by dialing 1-412-317-0088 and using the passcode 2723791. The playback will be available through the close of business on November 5
10 analysts have shared their evaluations of Qorvo (NASDAQ:QRVO) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 6 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 0 0 3M Ago 2 0 4 1 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $110.3, with a high estimate of $145.00 and a low estimate of $95.00. A negative shift in sentime
Susquehanna analyst Christopher Rolland maintains Qorvo (NASDAQ:QRVO) with a Neutral and raises the price target from $95 to $145.
GREENSBORO, N.C., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 second quarter ended September 28, 2024. On a GAAP basis, revenue for Qorvo's fiscal 2025 second quarter was $1.047 billion, gross margin was 42.6%, operating income was $9.7 million, and loss per share was $0.18. On a non-GAAP basis, gross margin was 47.0%, operating income was $212.2 million, and diluted earnings per share was $1.88. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "In the September quarter, ACG successfully supported our largest customer's seasonal
GREENSBORO, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 second quarter financial results on Tuesday, October 29, 2024, at 5:00 p.m. (ET). The conference call will be webcast live on the Company's Investor Relations website at the following URL: https://ir.qorvo.com (under "Events & Presentations"). A telephone playback of the conference call will be available approximately two hours after the call's completion and can be accessed by dialing 1-412-317-0088 and using the passcode 2723791. The playback will be available through the close of business on November 5
GREENSBORO, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 first quarter ended June 29, 2024. Strategic Highlights Grew quarterly revenue 36% year-over-year and exceeded mid-point of revenue guidance by $37 millionTransitioned Beijing and Dezhou operations to Luxshare and integrated Anokiwave into Qorvo On a GAAP basis, revenue for Qorvo's fiscal 2025 first quarter was $887 million, gross margin was 37.5%, operating income was $4.6 million, and diluted earnings per share was $0.00. On a non-GAAP basis, gross margin was 40.9%, operating income was
GREENSBORO, N.C., June 05, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, is hosting an Investor Day on Tuesday, June 11, 2024, in New York City beginning at 8:30 a.m. ET. The event will be webcast live on the Company's website at the following URL: https://ir.qorvo.com under "Events & Presentations." To access the live webcast, please go to the Company's IR website at least 15 minutes early to register and download any necessary audio software. For those unable to join the live webcast, a replay will be available on the Company's IR website following the event. Institutional investors and analysts interested in attending Qor
GREENSBORO, N.C., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced it has reached a definitive agreement to acquire Anokiwave, a leading supplier of high performance silicon integrated circuits (ICs) for intelligent active array antennas for D&A, SATCOM and 5G applications. The transaction is expected to close during the March quarter. Anokiwave is based in Boston, MA, and operates design centers and sales offices in Boston, MA and San Diego, CA. The Anokiwave team will join Qorvo's High Performance Analog (HPA) segment and will continue to develop beamformers and IF-RF solutions for defense phased array
Seagate Technology Holdings plc (NASDAQ:STX), a world leader in data storage and infrastructure solutions, today announced that Robert (Bob) Bruggeworth has been appointed to the company's Board of Directors and to serve on the Audit and Finance Committee of the Board, effective November 9, 2022. "I am very pleased to welcome Bob to Seagate's Board of Directors," said Mike Cannon, Seagate's Board Chair. "Bob has extensive executive leadership experiences with over 20 years as CEO of two public companies, RF Micro Devices and currently Qorvo. Prior to these roles, Bob spent 16 years in various senior leadership positions at AMP, now part of TE Connectivity, residing in Asia and the U.S." S
4 - Qorvo, Inc. (0001604778) (Issuer)