Qorvo (QRVO) Expected to Post Quarterly Earnings on Tuesday

Qorvo (NASDAQ:QRVO) is projected to issue its Q1 2027 results after the market closes on Tuesday, July 28th. Analysts expect the company to post earnings of $1.10 per share and revenue of $743.28 million for the quarter. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Interested persons can find conference call details on the company’s upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 4:00 PM ET.

Qorvo (NASDAQ:QRVO) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.48. The business had revenue of $808.28 million during the quarter, compared to analysts’ expectations of $801.31 million. Qorvo had a return on equity of 15.32% and a net margin of 9.22%.Qorvo’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.42 EPS. On average, analysts expect Qorvo to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qorvo Price Performance

Qorvo stock opened at $86.51 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.24 and a quick ratio of 2.46. The company has a market capitalization of $7.63 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 1.36 and a beta of 1.44. Qorvo has a one year low of $74.92 and a one year high of $109.49. The business has a 50 day simple moving average of $94.67 and a 200 day simple moving average of $86.57.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on QRVO. Zacks Research lowered Qorvo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Wall Street Zen downgraded shares of Qorvo from a “buy” rating to a “hold” rating in a research note on Saturday. Barclays raised shares of Qorvo from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $95.00 to $100.00 in a report on Wednesday, April 22nd. JPMorgan Chase & Co. increased their target price on shares of Qorvo from $85.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Mizuho reissued an “underperform” rating and set a $66.00 price target (down from $70.00) on shares of Qorvo in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Qorvo has an average rating of “Hold” and a consensus price target of $97.07.

Insiders Place Their Bets

In related news, VP Gina Harrison sold 4,714 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $100.00, for a total transaction of $471,400.00. Following the completion of the sale, the vice president directly owned 24,429 shares of the company’s stock, valued at $2,442,900. This trade represents a 16.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter A. Feld sold 1,900,000 shares of Qorvo stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $101.20, for a total value of $192,280,000.00. Following the completion of the transaction, the director owned 5,611,526 shares of the company’s stock, valued at approximately $567,886,431.20. The trade was a 25.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,966,127 shares of company stock valued at $198,911,103 in the last 90 days. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. AQR Arbitrage LLC acquired a new stake in shares of Qorvo in the 4th quarter valued at $118,204,000. Marshall Wace LLP lifted its stake in shares of Qorvo by 16,066.5% during the third quarter. Marshall Wace LLP now owns 814,630 shares of the semiconductor company’s stock valued at $74,197,000 after acquiring an additional 809,591 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Qorvo during the third quarter valued at $66,594,000. Voloridge Investment Management LLC boosted its holdings in Qorvo by 2,502.2% in the third quarter. Voloridge Investment Management LLC now owns 553,596 shares of the semiconductor company’s stock valued at $50,422,000 after acquiring an additional 532,322 shares during the last quarter. Finally, TIG Advisors LLC bought a new position in Qorvo in the fourth quarter valued at about $43,248,000. 88.57% of the stock is owned by institutional investors.

About Qorvo

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.