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Qorvo Inc
NASDAQ:QRVO

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Qorvo Inc Logo
Qorvo Inc
NASDAQ:QRVO
Watchlist
Price: 107.84 USD -1.92% Market Closed
Updated: Apr 19, 2024
Section:
 

Wall Street
Price Targets

QRVO Price Targets Summary
Qorvo Inc

Wall Street analysts forecast QRVO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for QRVO is 118.69 USD with a low forecast of 84.84 USD and a high forecast of 142.8 USD.

QRVO Lowest Forecast
Wall Street Target
84.84 USD
21% Downside
QRVO Average Forecast
Wall Street Target
118.69 USD
10% Upside
QRVO Highest Forecast
Wall Street Target
142.8 USD
32% Upside
Lowest
Price Target
84.84 USD
21% Downside
Average
Price Target
118.69 USD
10% Upside
Highest
Price Target
142.8 USD
32% Upside

QRVO Last Price Targets
Qorvo Inc

The latest public price target was made on Feb 1, 2024 by Quinn Bolton from Needham , who expects QRVO stock to rise by 16% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Quinn Bolton
Needham
125 USD
Upside 16%
2 months ago
Feb 1, 2024
3 Analysts Dissect Qorvo Earnings Beat, Predict Margins 'Are Likely To Contract'
Benzinga
Joseph Moore
Morgan Stanley
134 USD
Upside 24%
4 months ago
Dec 7, 2023
Morgan Stanley Upgrades Qorvo Inc (QRVO) to Overweight, 'volume recovery should lead to margin improvement'
StreetInsider
Christopher Rolland
Susquehanna
95 USD
Downside 12%
5 months ago
Nov 2, 2023
Qorvo's Strategic Wins with Apple and China's Android Stability - Still Analysts Lower Price Targets After Q2
Benzinga
Karl Ackerman
BNP Paribas
135 USD
Upside 25%
8 months ago
Aug 3, 2023
Exane BNP Paribas Upgrades Qorvo Inc (QRVO) to Outperform
StreetInsider
Unknown Analyst
Citigroup
113 USD
Upside 5%
1 year ago
Feb 3, 2023
Citigroup Maintains Neutral on Qorvo, Raises Price Target to $113
Benzinga
Unknown Analyst
BMO Capital
105 USD
Downside 3%
1 year ago
Feb 2, 2023
BMO Capital Maintains Market Perform on Qorvo, Raises Price Target to $105
Benzinga
Unknown Analyst
Craig-Hallum
130 USD
Upside 21%
1 year ago
Feb 2, 2023
Craig-Hallum Maintains Buy on Qorvo, Raises Price Target to $130
Benzinga
Unknown Analyst
Cowen & Co.
100 USD
Downside 7%
1 year ago
Feb 2, 2023
Cowen & Co. Maintains Market Perform on Qorvo, Raises Price Target to $100
Benzinga
Unknown Analyst
Susquehanna
100 USD
Downside 7%
1 year ago
Feb 2, 2023
Susquehanna Maintains Neutral on Qorvo, Raises Price Target to $100
Benzinga
Rajvindra Gill
Needham
130 USD
Upside 21%
1 year ago
Feb 2, 2023
Qorvo Vulnerable To Inventory Overhang, Analysts Say Post Q4
Benzinga
Gary Mobley
Wells Fargo
110 USD
Upside 2%
1 year ago
Feb 2, 2023
Qorvo Vulnerable To Inventory Overhang, Analysts Say Post Q4
Benzinga
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Quinn Bolton
Needham
Price Target 125 USD
Upside/Downside 16%
View Source
Joseph Moore
Morgan Stanley
Price Target 134 USD
Upside/Downside 24%
View Source
Christopher Rolland
Susquehanna
Price Target 95 USD
Upside/Downside 12%
View Source
Karl Ackerman
BNP Paribas
Price Target 135 USD
Upside/Downside 25%
View Source
Unknown Analyst
Citigroup
Price Target 113 USD
Upside/Downside 5%
View Source
Unknown Analyst
BMO Capital
Price Target 105 USD
Upside/Downside 3%
View Source
Unknown Analyst
Craig-Hallum
Price Target 130 USD
Upside/Downside 21%
View Source
Unknown Analyst
Cowen & Co.
Price Target 100 USD
Upside/Downside 7%
View Source
Unknown Analyst
Susquehanna
Price Target 100 USD
Upside/Downside 7%
View Source
Rajvindra Gill
Needham
Price Target 130 USD
Upside/Downside 21%
View Source
Gary Mobley
Wells Fargo
Price Target 110 USD
Upside/Downside 2%
View Source
Show More Price Targets
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Revenue
Forecast

Revenue Estimate
Qorvo Inc

For the last 8 years the compound annual growth rate for Qorvo Inc's revenue is 10%. The projected CAGR for the next 4 years is 9%.

10%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-2%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Qorvo Inc

For the last 8 years the compound annual growth rate for Qorvo Inc's operating income is 7%. The projected CAGR for the next 3 years is 74%.

7%
Past Growth
74%
Estimated Growth
Estimates Accuracy
-74%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Qorvo Inc

For the last 8 years the compound annual growth rate for Qorvo Inc's net income is -8%. The projected CAGR for the next 4 years is 79%.

-8%
Past Growth
79%
Estimated Growth
Estimates Accuracy
-45%
Average Miss
What are analyst estimates?

See Also

Summary
QRVO intrinsic value, competitors valuation, and company profile.
DCF Valuation
QRVO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
QRVO stock valuation using valuation multiples.
Wall Street Estimates
QRVO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
QRVO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is QRVO's stock price target?
Price Target
118.69 USD

According to Wall Street analysts, the average 1-year price target for QRVO is 118.69 USD with a low forecast of 84.84 USD and a high forecast of 142.8 USD.

What is Qorvo Inc's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Qorvo Inc's revenue is 10%. The projected CAGR for the next 4 years is 9%.

What is Qorvo Inc's Operating Income forecast?
Projected CAGR
74%

For the last 8 years the compound annual growth rate for Qorvo Inc's operating income is 7%. The projected CAGR for the next 3 years is 74%.

What is Qorvo Inc's Net Income forecast?
Projected CAGR
79%

For the last 8 years the compound annual growth rate for Qorvo Inc's net income is -8%. The projected CAGR for the next 4 years is 79%.

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