Needham & Company Not Throwing In the Towel on Qorvo (QRVO)

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Go back to Needham & Company Not Throwing In the Towel on Qorvo (QRVO)

Drexel Hamilton Remains Bullish on Qorvo (QRVO) Following Mixed 2Q

November 4, 2016 6:58 AM EDT

Drexel Hamilton maintained a Buy rating and $72.00 price target on Qorvo Inc (NASDAQ: QRVO) following the company's 2Q earnings report. QRVO delivered non-GAAP revenue of $864.7 million and EPS of $1.29, vs. the Street consensus for sales of about $834.9 million and EPS of $1.41.

Analyst Cody... More

BofA/Merrill Lynch Downgrades Qorvo Inc (QRVO) to Underperform

November 4, 2016 6:50 AM EDT

BofA/Merrill Lynch downgraded Qorvo Inc (NASDAQ: QRVO) from Buy to Underperform with a price target of $50.00.

For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.

Shares of Qorvo Inc closed at $56.74 yesterday.

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Qorvo (QRVO) Misses Q2 EPS by 12c, Q3 EPS Misses

November 3, 2016 4:22 PM EDT

Qorvo (NASDAQ: QRVO) reported Q2 EPS of $1.29, $0.12 worse than the analyst estimate of $1.41. Revenue for the quarter came in at $863.7 million versus the consensus estimate of $834.77 million.

GUIDANCE:

Qorvo sees Q3 2017 EPS of $1.15-$1.35, versus the consensus of $1.45.

For earnings history and earnings-related data on Qorvo (QRVO) click here.

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