Qorvo (QRVO) PT Lowered to $80 at Ascendiant Capital Amid Lower Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
Go back to Qorvo (QRVO) PT Lowered to $80 at Ascendiant Capital Amid Lower Guidance
July 30, 2015 9:14 AM EDT
Needham & Company maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $82.00 (from $88.00), following 1Q16 results. QRVO reported revenue and non-GAAP EPS of $673.6MM/$1.09, ahead of consensus of $665.4MM/$1.06. QRVO guided F2Q16 revenues/NG EPS to $690-710MM/$1.05-1.15.... More
July 30, 2015 7:55 AM EDT
Brean Capital analyst Mike Burton lowered his price target on Qorvo Inc (NASDAQ: QRVO) to $80.00 (from $92.00) following weak guidance, but maintained a Buy rating.
Burton commented, "Qorvo reported June quarter results ahead of the Streets consensus, however guided September well below... More
July 30, 2015 7:52 AM EDT
Mizuho Securities analyst Vijay Rakesh lowered estimates and his price target on Qorvo Inc (NASDAQ: QRVO) to $80.00 (from $92.00) following in-line Q1 but weak guidance.
Rakesh commented, "QRVO reported an inline JunQ, but guided to a disappointing SepQ at $700M/$1.10, below consensus of... More
July 29, 2015 4:02 PM EDT
Qorvo (NASDAQ: QRVO) reported Q1 EPS of $1.09, $0.03 better than the analyst estimate of $1.06. Revenue for the quarter came in at $673.6 million versus the consensus estimate of $664.55 million.
Qorvo sees Q2 EPS of $1.05-$1.15, versus the consensus of $1.28. Qorvo sees Q2 revenue of $690-710... More
