At the time of writing, Qorvo Inc [QRVO] stock is trading at $79.23, down -0.04%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The QRVO shares have gain 4.37% over the last week, with a monthly amount glided 12.03%, 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 $79.23 at the most recent close of the market. An investor can expect a potential drop of -5.34% 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.
Ratios To Look Out For
It is important to note that Qorvo Inc [NASDAQ:QRVO] has a current ratio of 2.77. Further, the Quick Ratio stands at 1.95. Considering the valuation of this stock, the price to sales ratio is 1.98, the price to book ratio is 2.17 and price to earnings (TTM) ratio is 134.72.
Transactions by insiders
Recent insider trading involved Chesley Philip, SVP, High Performance Analog, that happened on May 16 ’25 when 6004.0 shares were sold. SVP, High Performance Analog, Chesley Philip completed a deal on May 15 ’25 to sell 5371.0 shares. Meanwhile, Officer Chesley Philip bought 6004.0 shares on May 16 ’25.