Qorvo (NASDAQ:QRVO) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Qorvo (NASDAQ:QRVO) posted its quarterly earnings data on Tuesday. The semiconductor company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.13, Zacks reports. Qorvo had a negative net margin of 3.58% and a positive return on equity of 13.81%. Qorvo updated its Q4 2025 guidance to 0.900-1.100 EPS.

Qorvo Stock Down 2.1 %

Shares of QRVO traded down $1.85 on Tuesday, hitting $85.78. The company’s stock had a trading volume of 4,763,635 shares, compared to its average volume of 3,764,485. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of -58.75, a P/E/G ratio of 6.98 and a beta of 1.40. The firm’s fifty day moving average price is $72.61 and its 200-day moving average price is $92.14. The company has a quick ratio of 1.38, a current ratio of 1.90 and a debt-to-equity ratio of 0.45. Qorvo has a fifty-two week low of $64.54 and a fifty-two week high of $130.99.

Insiders Place Their Bets

In other news, SVP Philip Chesley sold 4,045 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $70.15, for a total value of $283,756.75. Following the completion of the sale, the senior vice president now directly owns 30,261 shares of the company’s stock, valued at $2,122,809.15. This trade represents a 11.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on QRVO shares. Piper Sandler raised Qorvo from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $85.00 to $110.00 in a research note on Monday. The Goldman Sachs Group reduced their target price on Qorvo from $99.00 to $78.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Mizuho boosted their target price on shares of Qorvo from $80.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday. Needham & Company LLC began coverage on Qorvo in a research note on Monday, October 28th. They set a “buy” rating and a $135.00 target price for the company. Finally, Raymond James downgraded Qorvo from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $98.82.

About Qorvo

Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.