How Analysts Feel About Qorvo, Inc. (NASDAQ:QRVO)?

Qorvo, Inc. (NASDAQ:QRVO) Logo

Qorvo, Inc. (NASDAQ:QRVO) Ratings Coverage

Among 12 analysts covering Qorvo (NASDAQ:QRVO), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Qorvo had 17 analyst reports since October 23, 2018 according to SRatingsIntel. The stock of Qorvo, Inc. (NASDAQ:QRVO) has “Buy” rating given on Monday, March 4 by Needham. The rating was upgraded by Craig Hallum to “Buy” on Thursday, January 10. The rating was maintained by Cowen & Co on Wednesday, November 28 with “Hold”. Morgan Stanley maintained Qorvo, Inc. (NASDAQ:QRVO) on Monday, January 7 with “Equal-Weight” rating. The stock of Qorvo, Inc. (NASDAQ:QRVO) earned “Market Perform” rating by BMO Capital Markets on Wednesday, November 14. As per Wednesday, November 14, the company rating was maintained by Canaccord Genuity. On Monday, November 12 the stock rating was maintained by Citigroup with “Neutral”. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Tuesday, April 2 report. Canaccord Genuity downgraded the shares of QRVO in report on Friday, February 8 to “Hold” rating. As per Monday, December 10, the company rating was downgraded by KeyBanc Capital Markets. Below is a list of Qorvo, Inc. (NASDAQ:QRVO) latest ratings and price target changes.

02/04/2019 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight New Target: $85 Upgrade
21/03/2019 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
09/03/2019 Broker: BidaskScore Rating: Hold Downgrade
04/03/2019 Broker: Needham Rating: Buy New Target: $70 Maintain
20/02/2019 Broker: BidaskScore Rating: Sell Downgrade
08/02/2019 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Downgrade
10/01/2019 Broker: Craig Hallum Old Rating: Hold New Rating: Buy New Target: $72 Upgrade
07/01/2019 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $68 New Target: $63 Maintain
10/12/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Downgrade
07/12/2018 Broker: Susquehanna Rating: Neutral Initiates Coverage On

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The stock decreased 0.05% or $0.04 during the last trading session, reaching $76.19. About 947,854 shares traded. Qorvo, Inc. (NASDAQ:QRVO) has declined 10.89% since April 11, 2018 and is downtrending. It has underperformed by 15.26% the S&P500.

Qorvo, Inc. provides radio frequency solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. The company has market cap of $9.36 billion. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) divisions. It has a 164.56 P/E ratio. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PA), low noise amplifiers, 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.

More notable recent Qorvo, Inc. (NASDAQ:QRVO) news were published by: Warriortradingnews.com which released: “Apple Supplier Qorvo Surges as Goldman Bets on 5G Revolution – Warrior Trading News” on March 22, 2019, also Thestreet.com with their article: “Picking Tech Stocks Requires More Discipline Following the Nasdaq’s Rally – TheStreet” published on April 11, 2019, Nasdaq.com published: “Qorvo Reaches Analyst Target Price – Nasdaq” on April 03, 2019. More interesting news about Qorvo, Inc. (NASDAQ:QRVO) were released by: Nasdaq.com and their article: “Qorvo (QRVO) Unveils GaN FEM Module, Expands 5G Portfolio – Nasdaq” published on December 11, 2018 as well as Nasdaq.com‘s news article titled: “Bullish Two Hundred Day Moving Average Cross – QRVO – Nasdaq” with publication date: March 21, 2019.

Qorvo, Inc. (NASDAQ:QRVO) Ratings Chart