Qorvo Inc
NASDAQ:QRVO

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Qorvo Inc
NASDAQ:QRVO
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Price: 71.5 USD -0.06% Market Closed
Market Cap: 6.8B USD
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Wall Street
Price Targets

QRVO Price Targets Summary
Qorvo Inc

Wall Street analysts forecast QRVO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for QRVO is 90.54 USD with a low forecast of 70.7 USD and a high forecast of 120.75 USD.

Lowest
Price Target
70.7 USD
1% Downside
Average
Price Target
90.54 USD
27% Upside
Highest
Price Target
120.75 USD
69% Upside

QRVO Last Price Targets
Qorvo Inc

The latest public price target was made on Nov 11, 2024 by Gary Mobley from Loop Capital Markets , who expects QRVO stock to rise by 2% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Gary Mobley
Loop Capital Markets
73 USD
Upside 2%
1 month ago
Nov 11, 2024
Loop Capital Starts Qorvo Inc (QRVO) at Hold
StreetInsider
Toshiya Hari
Goldman Sachs
99 USD
Upside 38%
1 month ago
Oct 30, 2024
Qorvo Inc (QRVO) PT Lowered to $99 at Goldman Sachs
StreetInsider
Vivek Arya
Bank of America Securities
80 USD
Upside 12%
1 month ago
Oct 30, 2024
Qorvo price target lowered to $80 from $115 at BofA
TheFly
Blayne Curtis
Barclays
90 USD
Upside 26%
1 month ago
Oct 30, 2024
Qorvo Inc (QRVO) PT Lowered to $90 at Barclays
StreetInsider
Harsh Kumar
Piper Sandler
85 USD
Upside 19%
1 month ago
Oct 30, 2024
Qorvo price target lowered to $85 from $100 at Piper Sandler
TheFly
Karl Ackerman
BNP Paribas
80 USD
Upside 12%
1 month ago
Oct 30, 2024
BNP Paribas Exane Downgrades Qorvo Inc (QRVO) to Neutral
StreetInsider
Tom O'Malley
Barclays
120 USD
Upside 68%
2 months ago
Oct 10, 2024
Qorvo price target lowered to $120 from $125 at Barclays
TheFly
Joseph Moore
Morgan Stanley
120 USD
Upside 68%
2 months ago
Oct 10, 2024
Qorvo downgraded to Equal Weight from Overweight at Morgan Stanley
TheFly
Harsh Kumar
Piper Sandler
120 USD
Upside 68%
4 months ago
Jul 31, 2024
Qorvo price target raised to $120 from $105 at Piper Sandler
TheFly
Anthony Stoss
Craig-Hallum
142 USD
Upside 99%
4 months ago
Jul 31, 2024
Qorvo price target raised to $142 from $125 at Craig-Hallum
TheFly
Tom O'Malley
Barclays
125 USD
Upside 75%
4 months ago
Jul 30, 2024
Qorvo price target raised to $125 from $100 at Barclays
TheFly
Christopher Rolland
Susquehanna
145 USD
Upside 103%
5 months ago
Jul 17, 2024
Qorvo price target raised to $145 from $95 at Susquehanna
TheFly
Timothy Arcuri
UBS
105 USD
Upside 47%
6 months ago
Jun 12, 2024
UBS Reiterates Neutral Rating on Qorvo Inc (QRVO)
StreetInsider
Chris Caso
Wolfe Research
120 USD
Upside 68%
6 months ago
Jun 11, 2024
Wolfe Research Reiterates Outperform Rating on Qorvo Inc (QRVO)
StreetInsider
Tom O'Malley
Barclays
100 USD
Upside 40%
7 months ago
May 2, 2024
Qorvo price target lowered to $100 from $110 at Barclays
TheFly
Quinn Bolton
Needham
125 USD
Upside 75%
10 months ago
Feb 1, 2024
3 Analysts Dissect Qorvo Earnings Beat, Predict Margins 'Are Likely To Contract'
Benzinga
Joseph Moore
Morgan Stanley
134 USD
Upside 87%
1 year ago
Dec 7, 2023
Morgan Stanley Upgrades Qorvo Inc (QRVO) to Overweight, 'volume recovery should lead to margin improvement'
StreetInsider
Christopher Rolland
Susquehanna
95 USD
Upside 33%
1 year ago
Nov 2, 2023
Qorvo's Strategic Wins with Apple and China's Android Stability - Still Analysts Lower Price Targets After Q2
Benzinga
Karl Ackerman
BNP Paribas
135 USD
Upside 89%
1 year ago
Aug 3, 2023
Exane BNP Paribas Upgrades Qorvo Inc (QRVO) to Outperform
StreetInsider
Unknown Analyst
Citigroup
113 USD
Upside 58%
1 year ago
Feb 3, 2023
Citigroup Maintains Neutral on Qorvo, Raises Price Target to $113
Benzinga
Gary Mobley
Wells Fargo
110 USD
Upside 54%
1 year ago
Feb 2, 2023
Qorvo Vulnerable To Inventory Overhang, Analysts Say Post Q4
Benzinga
Rajvindra Gill
Needham
130 USD
Upside 82%
1 year ago
Feb 2, 2023
Qorvo Vulnerable To Inventory Overhang, Analysts Say Post Q4
Benzinga
Unknown Analyst
Susquehanna
100 USD
Upside 40%
1 year ago
Feb 2, 2023
Susquehanna Maintains Neutral on Qorvo, Raises Price Target to $100
Benzinga
Unknown Analyst
Cowen & Co.
100 USD
Upside 40%
1 year ago
Feb 2, 2023
Cowen & Co. Maintains Market Perform on Qorvo, Raises Price Target to $100
Benzinga
Unknown Analyst
Craig-Hallum
130 USD
Upside 82%
1 year ago
Feb 2, 2023
Craig-Hallum Maintains Buy on Qorvo, Raises Price Target to $130
Benzinga
Unknown Analyst
BMO Capital
105 USD
Upside 47%
1 year ago
Feb 2, 2023
BMO Capital Maintains Market Perform on Qorvo, Raises Price Target to $105
Benzinga
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Gary Mobley
Loop Capital Markets
Price Target 73 USD
Upside/Downside 2%
View Source
Toshiya Hari
Goldman Sachs
Price Target 99 USD
Upside/Downside 38%
View Source
Vivek Arya
Bank of America Securities
Price Target 80 USD
Upside/Downside 12%
View Source
Blayne Curtis
Barclays
Price Target 90 USD
Upside/Downside 26%
View Source
Harsh Kumar
Piper Sandler
Price Target 85 USD
Upside/Downside 19%
View Source
Karl Ackerman
BNP Paribas
Price Target 80 USD
Upside/Downside 12%
View Source
Tom O'Malley
Barclays
Price Target 120 USD
Upside/Downside 68%
View Source
Joseph Moore
Morgan Stanley
Price Target 120 USD
Upside/Downside 68%
View Source
Harsh Kumar
Piper Sandler
Price Target 120 USD
Upside/Downside 68%
View Source
Anthony Stoss
Craig-Hallum
Price Target 142 USD
Upside/Downside 99%
View Source
Tom O'Malley
Barclays
Price Target 125 USD
Upside/Downside 75%
View Source
Christopher Rolland
Susquehanna
Price Target 145 USD
Upside/Downside 103%
View Source
Timothy Arcuri
UBS
Price Target 105 USD
Upside/Downside 47%
View Source
Chris Caso
Wolfe Research
Price Target 120 USD
Upside/Downside 68%
View Source
Tom O'Malley
Barclays
Price Target 100 USD
Upside/Downside 40%
View Source
Quinn Bolton
Needham
Price Target 125 USD
Upside/Downside 75%
View Source
Joseph Moore
Morgan Stanley
Price Target 134 USD
Upside/Downside 87%
View Source
Christopher Rolland
Susquehanna
Price Target 95 USD
Upside/Downside 33%
View Source
Karl Ackerman
BNP Paribas
Price Target 135 USD
Upside/Downside 89%
View Source
Unknown Analyst
Citigroup
Price Target 113 USD
Upside/Downside 58%
View Source
Gary Mobley
Wells Fargo
Price Target 110 USD
Upside/Downside 54%
View Source
Rajvindra Gill
Needham
Price Target 130 USD
Upside/Downside 82%
View Source
Unknown Analyst
Susquehanna
Price Target 100 USD
Upside/Downside 40%
View Source
Unknown Analyst
Cowen & Co.
Price Target 100 USD
Upside/Downside 40%
View Source
Unknown Analyst
Craig-Hallum
Price Target 130 USD
Upside/Downside 82%
View Source
Unknown Analyst
BMO Capital
Price Target 105 USD
Upside/Downside 47%
View Source
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Revenue
Forecast

Revenue Estimate
Qorvo Inc

For the last 8 years the compound annual growth rate for Qorvo Inc's revenue is 5%. The projected CAGR for the next 3 years is 4%.

5%
Past Growth
4%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Qorvo Inc

For the last 8 years the compound annual growth rate for Qorvo Inc's operating income is 56%. The projected CAGR for the next 3 years is 27%.

56%
Past Growth
27%
Estimated Growth
Estimates Accuracy
-72%
Average Miss

Net Income
Forecast

Net Income Estimate
Qorvo Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-43%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is QRVO's stock price target?
Price Target
90.54 USD

According to Wall Street analysts, the average 1-year price target for QRVO is 90.54 USD with a low forecast of 70.7 USD and a high forecast of 120.75 USD.

What is Qorvo Inc's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Qorvo Inc's revenue is 5%. The projected CAGR for the next 3 years is 4%.

What is Qorvo Inc's Operating Income forecast?
Projected CAGR
27%

For the last 8 years the compound annual growth rate for Qorvo Inc's operating income is 56%. The projected CAGR for the next 3 years is 27%.

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