Qorvo (QRVO) stock jumps 5% on strong results and guidance

Go back to Qorvo (QRVO) stock jumps 5% on strong results and guidance

Qorvo Inc (QRVO) PT Raised to $117 at Goldman Sachs

February 1, 2024 4:21 AM EST

Goldman Sachs analyst Toshiya Hari raised the price target on Qorvo Inc (NASDAQ: QRVO) to $117.00 (from $104.00) while maintaining a Neutral rating.... More

Qorvo Inc (QRVO) PT Raised to $110 at Barclays

February 1, 2024 4:02 AM EST

Barclays analyst Blayne Curtis raised the price target on Qorvo Inc (NASDAQ: QRVO) to $110.00 (from $100.00) while maintaining a Equalweight rating.... More

Qorvo (QRVO) to Acquire Anokiwave

January 31, 2024 4:04 PM EST

Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced it has reached a definitive agreement to acquire Anokiwave, a leading supplier of high performance silicon integrated circuits (ICs) for intelligent active array antennas for D&A, SATCOM and 5G applications. The transaction is expected to close during... More

Qorvo (QRVO) Tops Q3 EPS by 44c; issues Q4 outlook

January 31, 2024 4:03 PM EST

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $2.10, $0.44 better than the analyst estimate of $1.66. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1 billion.

GUIDANCE:

Qorvo sees Q4 2024 EPS of approximately $1.20, versus the consensus of $1.15. Qorvo sees Q4 2024... More