At the time of writing, Qorvo Inc [QRVO] stock is trading at $78.58, up 0.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The QRVO shares have gain 11.76% over the last week, with a monthly amount glided 39.65%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Qorvo Inc [NASDAQ: QRVO] stock has seen the most recent analyst activity on April 30, 2025, when The Benchmark Company upgraded its rating to a Buy but kept the price target unchanged to $95 for it. Previously, TD Cowen reaffirmed its Hold rating on April 30, 2025, and dropped its price target to $80. On January 27, 2025, upgrade upgraded it’s rating to Overweight and revised its price target to $110 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $106 on January 21, 2025. Loop Capital initiated its recommendation with a Hold and recommended $73 as its price target on November 12, 2024. TD Cowen reiterated a Hold rating for this stock on October 30, 2024, and downed its price target to $85. In a note dated October 30, 2024, The Benchmark Company downgraded an Hold rating on this stock.
For the past year, the stock price of Qorvo Inc fluctuated between $49.46 and $130.99. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Qorvo Inc [NASDAQ: QRVO] shares were valued at $78.58 at the most recent close of the market. An investor can expect a potential drop of -4.56% based on the average QRVO price forecast.
Analyzing the QRVO fundamentals
According to Qorvo Inc [NASDAQ:QRVO], the company’s sales were 3.72B for trailing twelve months, which represents an -7.60% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.74 points at the first support level, and at 76.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 79.76, and for the 2nd resistance point, it is at 80.94.
Ratios To Look Out For
It is important to note that Qorvo Inc [NASDAQ:QRVO] has a current ratio of 2.77. On the other hand, the Quick Ratio is 1.95. Considering the valuation of this stock, the price to sales ratio is 1.97, the price to book ratio is 2.17 and price to earnings (TTM) ratio is 134.37.
Transactions by insiders
Recent insider trading involved HARDING JOHN R, Director, that happened on May 07 ’25 when 1450.0 shares were sold. Director, HARDING JOHN R completed a deal on May 07 ’25 to buy 1450.0 shares. Meanwhile, SVP, High Performance Analog Chesley Philip sold 4045.0 shares on Dec 05 ’24.
