Reading the tape
NASDAQ: QRVO
Qorvo, Inc.
Technology · Semiconductors
Market Cap
$8.59B
52w High
$106.30
52w Low
$69.03
P/E
25.24
Volume
27.61K
Outstanding Shares
92.71M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 30.84%Revenue (TTM): -1.34%FCF (TTM): 23.09%P/FCF: 30th pct
What changed
The stock rose 30.84% over the last year. Revenue declined 1.34% over the trailing twelve months. Operating margin moved from 2.57% to 10.91%. Free cash flow grew 23.09% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 30th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 10.91%. Revenue declined 1.34% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Qorvo, Inc. develops and commercializes technologies and products for wireless, wired, and power markets worldwide.
CEORobert A. Bruggeworth
SectorTechnology
IndustrySemiconductors
Employees6,200
IPO dateJan 2, 2015
Valuation
Forward P/E—
EV/EBITDA16.53
Enterprise value$7.29B
Stock splits
Jan 2, 2015↓ Reverse
Every 4 shares became 1
Profitability & growth
Revenue growth8.36%
Gross margin44.38%▲4.57%vs FY2024
Operating margin10.91%▲5.59%vs FY2024
ROE1.64%▲182.91%vs FY2024
Analyst consensus
RatingHold
Target price$85.29▼7.90%
12
Buy
28
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $1.21 · Revenue est $801.31M
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