Qorvo Inc [QRVO] stock prices are down -0.46% to $82.63 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QRVO shares have gain 4.29% over the last week, with a monthly amount glided 5.37%, 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.
The stock price of Qorvo Inc [QRVO] has been fluctuating between $49.46 and $130.99 over the past year. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Qorvo Inc [NASDAQ: QRVO] shares were valued at $82.63 at the most recent close of the market. An investor can expect a potential drop of -9.23% based on the average QRVO price forecast.
Analyzing the QRVO fundamentals
The Qorvo Inc [NASDAQ:QRVO] reported sales of 3.72B for trailing twelve months, representing a drop of -7.60%. 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 81.78 points at the first support level, and at 80.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.69, and for the 2nd resistance point, it is at 84.74.
Ratios To Look Out For
It’s worth pointing out that Qorvo Inc [NASDAQ:QRVO]’s Current Ratio is 2.77. As well, the Quick Ratio is 1.95. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 140.50.
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.
