Symbols / QRVO
QRVO Chart
About
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for defense and aerospace, and 5G and 6G infrastructure markets. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. It also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Semiconductors | Market Cap | 7.23B |
| Enterprise Value | 7.47B | Income | 340.62M | Sales | 3.74B |
| Book/sh | 39.92 | Cash/sh | 14.22 | Dividend Yield | — |
| Payout | 0.00% | Employees | 6200 | IPO | — |
| P/E | 21.50 | Forward P/E | 11.57 | PEG | — |
| P/S | 1.93 | P/B | 1.96 | P/C | — |
| EV/EBITDA | 9.70 | EV/Sales | 2.00 | Quick Ratio | 2.72 |
| Current Ratio | 3.67 | Debt/Eq | 41.89 | LT Debt/Eq | — |
| EPS (ttm) | 3.63 | EPS next Y | 6.75 | EPS Growth | 3.07% |
| Revenue Growth | 8.40% | Earnings | 2026-04-28 | ROA | 5.14% |
| ROE | 9.62% | ROIC | — | Gross Margin | 44.68% |
| Oper. Margin | 19.80% | Profit Margin | 9.11% | Shs Outstand | 92.71M |
| Shs Float | 84.35M | Short Float | 9.30% | Short Ratio | 4.15 |
| Short Interest | — | 52W High | 106.30 | 52W Low | 49.46 |
| Beta | 1.35 | Avg Volume | 1.29M | Volume | 1.53M |
| Target Price | $88.44 | Recom | Hold | Prev Close | $77.64 |
| Price | $78.04 | Change | 0.52% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$88.44
Mean price target
2. Current target
$78.04
Latest analyst target
3. DCF / Fair value
$110.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$78.04
Low
$70.00
High
$128.00
Mean
$88.44
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-03 | main | Barclays | Equal-Weight → Equal-Weight | $95 |
| 2026-01-28 | reit | Benchmark | Hold → Hold | — |
| 2026-01-28 | main | Citigroup | Neutral → Neutral | $90 |
| 2026-01-28 | main | Piper Sandler | Overweight → Overweight | $90 |
| 2026-01-28 | main | Mizuho | Neutral → Neutral | $70 |
| 2026-01-28 | main | Stifel | Hold → Hold | $85 |
| 2026-01-22 | main | Susquehanna | Neutral → Neutral | $90 |
| 2026-01-20 | main | UBS | Neutral → Neutral | $87 |
| 2025-11-11 | up | Mizuho | Underperform → Neutral | $93 |
| 2025-11-04 | up | JP Morgan | Underweight → Neutral | $105 |
| 2025-10-29 | main | UBS | Neutral → Neutral | $108 |
| 2025-10-29 | down | Benchmark | Buy → Hold | — |
| 2025-10-29 | up | Citigroup | Sell → Neutral | $105 |
| 2025-10-28 | down | Benchmark | Buy → Hold | — |
| 2025-07-30 | main | Loop Capital | Hold → Hold | $90 |
| 2025-07-30 | main | UBS | Neutral → Neutral | $100 |
| 2025-07-30 | main | Barclays | Equal-Weight → Equal-Weight | $90 |
| 2025-07-30 | main | Piper Sandler | Overweight → Overweight | $125 |
| 2025-07-30 | main | Susquehanna | Neutral → Neutral | $95 |
| 2025-07-30 | main | Stifel | Hold → Hold | $88 |
- (QRVO) Movement Within Algorithmic Entry Frameworks - Stock Traders Daily ue, 10 Mar 2026 01
- Dimensional Fund Advisors LP Buys 243,147 Shares of Qorvo, Inc. $QRVO - MarketBeat ue, 10 Mar 2026 08
- 3 Reasons QRVO is Risky and 1 Stock to Buy Instead - Yahoo Finance Fri, 27 Feb 2026 08
- Barclays Raises Price Target for QRVO to $95 | QRVO Stock News - GuruFocus ue, 03 Mar 2026 17
- Is It Too Late To Reassess Qorvo (QRVO) After Its Recent Share Price Rebound? - simplywall.st Mon, 02 Mar 2026 01
- Qrovo: No Rush To Enter (NASDAQ:QRVO) - Seeking Alpha ue, 24 Feb 2026 08
- Crossmark Global Holdings Inc. Has $2.56 Million Stock Holdings in Qorvo, Inc. $QRVO - MarketBeat Sun, 08 Mar 2026 09
- $QRVO stock is down 9% today. Here's what we see in our data. - Quiver Quantitative Wed, 07 Jan 2026 08
- Is It Time To Reassess Qorvo (QRVO) After Mixed Long Term Share Price Performance - Yahoo Finance ue, 03 Mar 2026 04
- Picton Mahoney Asset Management Buys Shares of 66,749 Qorvo, Inc. $QRVO - MarketBeat hu, 05 Mar 2026 11
- Qorvo (QRVO): Evaluating the Stock’s Value Following Its Recent 3% Share Price Gain - Yahoo Finance Sat, 22 Nov 2025 08
- Pinnacle Associates Ltd. Sells 15,501 Shares of Qorvo, Inc. $QRVO - MarketBeat Mon, 09 Mar 2026 10
- Here's Why Qorvo (QRVO) is a Strong Momentum Stock - Yahoo Finance Wed, 25 Feb 2026 08
- Why Qorvo (QRVO) is a Top Momentum Stock for the Long-Term - Yahoo Finance Fri, 19 Sep 2025 07
- Qorvo (QRVO) Stock Is Up, What You Need To Know - Yahoo Finance Wed, 29 Oct 2025 07
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 1200 | 99192 | — | Sale at price 82.66 per share. | HARDING JOHN R | Director | — | 2026-02-26 00:00:00 | D |
| 1 | 234 | — | — | Stock Gift at price 0.00 per share. | STEWART FRANK P | Officer | — | 2026-02-17 00:00:00 | D |
| 2 | 20608 | 1711700 | — | Sale at price 83.06 per share. | BROWN GRANT A. | Chief Financial Officer | — | 2026-02-17 00:00:00 | D |
| 3 | 8226 | 683252 | — | Sale at price 83.06 per share. | STEWART FRANK P | Officer | — | 2026-02-17 00:00:00 | D |
| 4 | 903 | 74786 | — | Sale at price 82.82 per share. | HARDING JOHN R | Director | — | 2025-11-17 00:00:00 | D |
| 5 | 13612 | 1293140 | — | Sale at price 95.00 per share. | FEGO PAUL J | Officer | — | 2025-09-22 00:00:00 | D |
| 6 | 2664 | 240000 | — | Sale at price 90.09 per share. | CHESLEY PHILIP | Officer | — | 2025-08-15 00:00:00 | D |
| 7 | 2496 | — | — | Stock Award(Grant) at price 0.00 per share. | SPRADLEY SUSAN LOUISE | Director | — | 2025-08-14 00:00:00 | D |
| 8 | 2496 | — | — | Stock Award(Grant) at price 0.00 per share. | LOWE ALAN S | Director | — | 2025-08-14 00:00:00 | D |
| 9 | 10057 | — | — | Stock Award(Grant) at price 0.00 per share. | CHESLEY PHILIP | Officer | — | 2025-08-14 00:00:00 | D |
Financials
| Line Item | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -30.04M | -46.50M | -2.13M | -6.00M |
| TaxRateForCalcs | 0.16 | 0.21 | 0.17 | 0.13 |
| NormalizedEBITDA | 633.63M | 685.15M | 544.35M | 1.65B |
| TotalUnusualItems | -192.57M | -221.41M | -12.41M | -48.00M |
| TotalUnusualItemsExcludingGoodwill | -192.57M | -221.41M | -12.41M | -48.00M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 55.62M | -70.32M | 103.15M | 1.03B |
| ReconciledDepreciation | 296.84M | 320.93M | 338.85M | 361.42M |
| ReconciledCostOfRevenue | 2.18B | 2.28B | 2.27B | 2.36B |
| EBITDA | 441.06M | 463.74M | 531.94M | 1.61B |
| EBIT | 144.23M | 142.81M | 193.09M | 1.24B |
| NetInterestIncome | -78.33M | -69.25M | -68.46M | -63.33M |
| InterestExpense | 78.33M | 69.25M | 68.46M | 63.33M |
| NormalizedIncome | 218.14M | 104.60M | 113.43M | 1.08B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 55.62M | -70.32M | 103.15M | 1.03B |
| TotalExpenses | 3.43B | 3.46B | 3.37B | 3.37B |
| TotalOperatingIncomeAsReported | 95.53M | 91.70M | 183.17M | 1.23B |
| DilutedAverageShares | 95.45M | 97.56M | 103.02M | 111.55M |
| BasicAverageShares | 94.59M | 95.80M | 98.65M | 106.30M |
| DilutedEPS | 0.58 | -0.73 | 1.00 | 9.26 |
| BasicEPS | 0.59 | -0.73 | 1.03 | 9.53 |
| DilutedNIAvailtoComStockholders | 55.62M | -70.32M | 103.15M | 1.03B |
| NetIncomeCommonStockholders | 55.62M | -70.32M | 103.15M | 1.03B |
| NetIncome | 55.62M | -70.32M | 103.15M | 1.03B |
| NetIncomeIncludingNoncontrollingInterests | 55.62M | -70.32M | 103.15M | 1.03B |
| NetIncomeContinuousOperations | 55.62M | -70.32M | 103.15M | 1.03B |
| TaxProvision | 10.28M | 143.88M | 21.48M | 147.73M |
| PretaxIncome | 65.90M | 73.56M | 124.63M | 1.18B |
| OtherIncomeExpense | -143.87M | -170.31M | -2.49M | -29.66M |
| OtherNonOperatingIncomeExpenses | 48.70M | 51.10M | 9.92M | 18.34M |
| SpecialIncomeCharges | -192.57M | -221.41M | -12.41M | -48.00M |
| ImpairmentOfCapitalAssets | 192.57M | 221.41M | 12.41M | 48.00M |
| NetNonOperatingInterestIncomeExpense | -78.33M | -69.25M | -68.46M | -63.33M |
| InterestExpenseNonOperating | 78.33M | 69.25M | 68.46M | 63.33M |
| OperatingIncome | 288.10M | 313.12M | 195.58M | 1.27B |
| OperatingExpense | 1.25B | 1.18B | 1.10B | 1.01B |
| OtherOperatingExpenses | 96.16M | 103.99M | 92.73M | 38.74M |
| ResearchAndDevelopment | 747.71M | 682.25M | 649.84M | 623.64M |
| SellingGeneralAndAdministration | 403.62M | 389.14M | 358.79M | 349.72M |
| SellingAndMarketingExpense | 231.91M | 217.27M | 210.69M | |
| GeneralAndAdministrativeExpense | 171.71M | 171.87M | 148.10M | |
| OtherGandA | 171.71M | 171.87M | 148.10M | |
| GrossProfit | 1.54B | 1.49B | 1.30B | 2.29B |
| CostOfRevenue | 2.18B | 2.28B | 2.27B | 2.36B |
| TotalRevenue | 3.72B | 3.77B | 3.57B | 4.65B |
| OperatingRevenue | 3.72B | 3.77B | 3.57B | 4.65B |
| Line Item | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 92.92M | 95.80M | 98.65M | 106.30M |
| ShareIssued | 92.92M | 95.80M | 98.65M | 106.30M |
| NetDebt | 528.04M | 958.75M | 1.24B | 1.07B |
| TotalDebt | 1.55B | 1.99B | 2.05B | 2.05B |
| TangibleBookValue | 729.09M | 512.39M | 604.28M | 1.10B |
| InvestedCapital | 4.94B | 5.54B | 5.95B | 6.60B |
| WorkingCapital | 1.38B | 1.22B | 1.47B | 1.77B |
| NetTangibleAssets | 729.09M | 512.39M | 604.28M | 1.10B |
| CommonStockEquity | 3.39B | 3.56B | 3.90B | 4.55B |
| TotalCapitalization | 4.94B | 5.11B | 5.95B | 6.60B |
| TotalEquityGrossMinorityInterest | 3.39B | 3.56B | 3.90B | 4.55B |
| StockholdersEquity | 3.39B | 3.56B | 3.90B | 4.55B |
| GainsLossesNotAffectingRetainedEarnings | -5.01M | -5.10M | -3.17M | 5.23M |
| OtherEquityAdjustments | -5.01M | -5.10M | -3.17M | 5.23M |
| RetainedEarnings | -33.98M | -89.60M | 84.50M | 512.14M |
| CapitalStock | 3.43B | 3.65B | 3.82B | 4.04B |
| CommonStock | 3.43B | 3.65B | 3.82B | 4.04B |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 2.54B | 3.00B | 2.79B | 2.96B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.76B | 1.77B | 2.23B | 2.28B |
| OtherNonCurrentLiabilities | 208.42M | 218.90M | 185.27M | 233.63M |
| LongTermDebtAndCapitalLeaseObligation | 1.55B | 1.55B | 2.05B | 2.05B |
| LongTermDebt | 1.55B | 1.55B | 2.05B | 2.05B |
| CurrentLiabilities | 783.18M | 1.23B | 555.76M | 675.13M |
| OtherCurrentLiabilities | 234.54M | 201.59M | 122.29M | 107.03M |
| CurrentDebtAndCapitalLeaseObligation | 438.74M | 310.00K | 5.09M | |
| CurrentDebt | 438.74M | 310.00K | 5.09M | |
| OtherCurrentBorrowings | 438.74M | |||
| PayablesAndAccruedExpenses | 548.64M | 589.76M | 433.16M | 568.10M |
| CurrentAccruedExpenses | 287.98M | 336.77M | 222.46M | 240.19M |
| Payables | 260.66M | 252.99M | 210.70M | 327.92M |
| AccountsPayable | 260.66M | 252.99M | 210.70M | 327.92M |
| TotalAssets | 5.93B | 6.55B | 6.69B | 7.51B |
| TotalNonCurrentAssets | 3.77B | 4.11B | 4.66B | 5.06B |
| OtherNonCurrentAssets | 277.31M | 170.38M | 193.38M | 324.11M |
| InvestmentsAndAdvances | 23.43M | 23.25M | 20.41M | 31.09M |
| GoodwillAndOtherIntangibleAssets | 2.66B | 3.04B | 3.30B | 3.45B |
| OtherIntangibleAssets | 273.48M | 509.38M | 537.70M | 674.79M |
| Goodwill | 2.39B | 2.53B | 2.76B | 2.78B |
| NetPPE | 801.89M | 870.98M | 1.15B | 1.25B |
| AccumulatedDepreciation | -1.85B | -1.68B | -1.90B | -1.73B |
| GrossPPE | 2.65B | 2.55B | 3.05B | 2.99B |
| ConstructionInProgress | 98.22M | 86.23M | 130.09M | 128.32M |
| MachineryFurnitureEquipment | 2.16B | 2.09B | 2.43B | 2.40B |
| BuildingsAndImprovements | 366.06M | 354.04M | 463.89M | 432.31M |
| LandAndImprovements | 23.04M | 23.04M | 25.84M | 25.84M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 2.17B | 2.45B | 2.03B | 2.45B |
| OtherCurrentAssets | 74.56M | 78.99M | 46.70M | 70.69M |
| AssetsHeldForSaleCurrent | 0.00 | 159.28M | 0.00 | |
| PrepaidAssets | 32.81M | 40.56M | 46.68M | 49.84M |
| Inventory | 640.99M | 710.55M | 796.60M | 755.75M |
| FinishedGoods | 133.48M | 161.63M | 186.68M | 162.32M |
| WorkInProcess | 322.81M | 347.18M | 345.55M | 357.33M |
| RawMaterials | 184.69M | 201.75M | 264.37M | 236.09M |
| Receivables | 397.74M | 427.39M | 331.05M | 601.00M |
| OtherReceivables | 11.02M | 14.43M | 26.54M | 32.15M |
| AccountsReceivable | 386.72M | 412.96M | 304.52M | 568.85M |
| AllowanceForDoubtfulAccountsReceivable | -309.00K | -313.00K | -369.00K | -402.00K |
| GrossAccountsReceivable | 387.03M | 413.27M | 304.89M | 569.25M |
| CashCashEquivalentsAndShortTermInvestments | 1.02B | 1.03B | 808.76M | 972.59M |
| CashAndCashEquivalents | 1.02B | 1.03B | 808.76M | 972.59M |
| Line Item | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| FreeCashFlow | 484.60M | 705.96M | 684.28M | 835.78M |
| RepurchaseOfCapitalStock | -356.34M | -400.05M | -861.75M | -1.15B |
| RepaymentOfDebt | -439.12M | -58.31M | 0.00 | -197.50M |
| IssuanceOfDebt | 0.00 | 0.00 | 499.07M | 1.21B |
| IssuanceOfCapitalStock | 35.74M | 36.92M | 32.51M | 38.30M |
| CapitalExpenditure | -137.60M | -127.23M | -158.95M | -213.47M |
| InterestPaidSupplementalData | 76.34M | 55.27M | 66.11M | 59.39M |
| IncomeTaxPaidSupplementalData | 87.26M | 103.06M | 105.79M | 125.32M |
| EndCashPosition | 1.02B | 1.05B | 808.94M | 972.80M |
| BeginningCashPosition | 1.05B | 808.94M | 972.80M | 1.40B |
| EffectOfExchangeRateChanges | -2.48M | 3.17M | -331.00K | -3.28M |
| ChangesInCash | -25.61M | 237.15M | -163.53M | -422.22M |
| FinancingCashFlow | -684.36M | -459.57M | -853.35M | -875.51M |
| CashFlowFromContinuingFinancingActivities | -684.36M | -459.57M | -853.35M | -875.51M |
| NetOtherFinancingCharges | 75.36M | -38.13M | -24.11M | -63.10M |
| NetCommonStockIssuance | -320.60M | -363.14M | -829.24M | -1.11B |
| CommonStockPayments | -356.34M | -400.05M | -861.75M | -1.15B |
| CommonStockIssuance | 35.74M | 36.92M | 32.51M | 38.30M |
| NetIssuancePaymentsOfDebt | -439.12M | -58.31M | 0.00 | 301.57M |
| NetLongTermDebtIssuance | -439.12M | -58.31M | 0.00 | 301.57M |
| LongTermDebtPayments | -439.12M | -58.31M | 0.00 | -197.50M |
| LongTermDebtIssuance | 0.00 | 0.00 | 499.07M | 1.21B |
| InvestingCashFlow | 36.55M | -136.47M | -153.41M | -595.96M |
| CashFlowFromContinuingInvestingActivities | 36.55M | -136.47M | -153.41M | -595.96M |
| NetOtherInvestingChanges | -5.23M | 4.19M | 3.79M | 5.75M |
| NetInvestmentPurchaseAndSale | 0.00 | |||
| SaleOfInvestment | 0.00 | |||
| PurchaseOfInvestment | 0.00 | |||
| NetBusinessPurchaseAndSale | 172.33M | -62.97M | -95.00K | -389.14M |
| SaleOfBusiness | 173.12M | 20.00M | 0.00 | |
| PurchaseOfBusiness | -791.00K | -82.97M | -95.00K | -389.14M |
| NetPPEPurchaseAndSale | -130.54M | -77.68M | -157.11M | -212.57M |
| SaleOfPPE | 7.06M | 49.55M | 1.85M | 898.00K |
| PurchaseOfPPE | -137.60M | -127.23M | -158.95M | -213.47M |
| OperatingCashFlow | 622.20M | 833.19M | 843.23M | 1.05B |
| CashFlowFromContinuingOperatingActivities | 622.20M | 833.19M | 843.23M | 1.05B |
| ChangeInWorkingCapital | -6.39M | 142.40M | 96.98M | -523.80M |
| ChangeInOtherWorkingCapital | -4.10M | 8.68M | -33.24M | -3.14M |
| ChangeInOtherCurrentLiabilities | 15.66M | -50.35M | 36.76M | -21.96M |
| ChangeInPayablesAndAccruedExpense | -38.60M | 220.12M | -133.11M | 22.14M |
| ChangeInAccruedExpense | -45.78M | 130.98M | -17.61M | -11.81M |
| ChangeInPayable | 7.18M | 89.14M | -115.50M | 33.95M |
| ChangeInAccountPayable | 7.18M | 89.14M | -115.50M | 33.95M |
| ChangeInPrepaidAssets | -24.35M | -23.17M | 43.24M | -176.74M |
| ChangeInInventory | 18.19M | 92.91M | -81.45M | -236.20M |
| ChangeInReceivables | 26.81M | -105.78M | 264.78M | -107.90M |
| ChangesInAccountReceivables | 26.81M | -105.78M | 264.78M | -107.90M |
| OtherNonCashItems | 25.48M | 41.81M | 25.30M | 14.89M |
| StockBasedCompensation | 136.35M | 120.83M | 105.58M | 83.51M |
| AssetImpairmentCharge | 199.05M | 258.13M | 239.51M | 48.00M |
| DeferredTax | -84.74M | 19.41M | -66.14M | 31.88M |
| DeferredIncomeTax | -84.74M | 19.41M | -66.14M | 31.88M |
| DepreciationAmortizationDepletion | 296.84M | 320.93M | 338.85M | 361.42M |
| DepreciationAndAmortization | 296.84M | 320.93M | 338.85M | 361.42M |
| AmortizationCashFlow | 133.61M | 127.90M | 132.43M | 150.47M |
| AmortizationOfIntangibles | 133.61M | 127.90M | 132.43M | 150.47M |
| Depreciation | 163.22M | 193.03M | 206.42M | 210.95M |
| OperatingGainsLosses | 35.26M | 744.00K | 61.99M | |
| EarningsLossesFromEquityInvestments | 0.00 | 0.00 | ||
| GainLossOnSaleOfBusiness | 35.26M | 0.00 | 0.00 | |
| NetIncomeFromContinuingOperations | 55.62M | -70.32M | 103.15M | 1.03B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for QRVO
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|