Qorvo

QRVO · NASDAQ

$114.17+$1.96 (+1.75%)TodayMarket closed · Oct 2, 7:34 PM ET

No price history for this range.

QRVO analyst rating

HoldConsensus of 10 analysts over the last 12 months. 20% rate it a buy.

Strong buy0
Buy2
Hold7
Underperform1
Sell0

12-month price target · 16 analysts

Average $93.96 (−17.7% downside)

Low: $66.66
Now: $114.17
High: $131.25

Upgrades and downgrades

The latest rating actions, newest first

QRVO analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Jul 29, 2026	Maintains	Neutral	$91.00 → $96.00	69%
Citigroup	Jul 29, 2026	Maintains	Neutral	$100.00 → $95.00	71%
Citigroup	May 7, 2026	Maintains	Neutral	$90.00 → $100.00	71%
UBS	May 6, 2026	Maintains	Neutral	$87.00 → $100.00	69%
JP Morgan	May 6, 2026	Maintains	Neutral	$85.00 → $100.00	62%
Barclays	Apr 22, 2026	Upgrade	Equal-Weight → Overweight	$95.00 → $100.00	64%
Mizuho	Apr 20, 2026	Downgrade	Neutral → Underperform	$70.00 → $66.00	59%
Wolfe Research	Apr 17, 2026	Downgrade	Outperform → Peer Perform	—	72%
Barclays	Mar 3, 2026	Maintains	Equal-Weight	$90.00 → $95.00	64%
JP Morgan	Jan 28, 2026	Maintains	Neutral	$105.00 → $85.00	62%

The case for and against

Updated Jul 21, 2026

Bull case

Qorvo is a market leader in radio frequency technology, with a strong portfolio of products and a strong position in the growing high-performance analog market, driven by increasing demand in the defense and aerospace industries. The company's ongoing reorganization strategy, coupled with expected growth in its high-performance analog segment and market share gains in key products for Apple's upcoming iPhones and iPads, is expected to drive solid, highly margin accretive growth. However, there are potential risks to this positive outlook, such as potential share losses in the ultra-high band pads at its largest customer and the possibility of slower-than-expected growth in its non-handset end markets.

Bear case

Qorvo is facing significant challenges as it continues to lose market share in its largest segment, cellular, and is projected to have a mid-single digit decline in total revenue next year. Although the company is making efforts to diversify into non-smartphone markets and has had some success in high-band PADs and envelope tracking power management ICs, these gains are not enough to offset the decline in its cellular business. With the impending merger with Skyworks and concerns about regulatory delays, there is limited visibility into the company's future performance, leading to a negative outlook from analysts.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.