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$QRVO

10 stories mentioning QRVOUpdated 10d ago

Every FINWIRES story that references QRVO, newest first.

Wire

Skyworks' Qorvo Deal Seen as Favorable Amid Steady Core Trends, RBC Says

Skyworks Solutions' (SWKS) pending acquisition of Qorvo (QRVO) is viewed favorably given expected cost benefits, and the shares are likely to trade on core fundamentals until the deal closes, RBC Capital Markets said Wednesday in a report.Skyworks on Tuesday reported "decent" fiscal Q3 results driven by healthy iPhone demand and stable trends in its broad-markets segment, while its new capital-return policy drops the dividend in favor of buybacks, debt reduction, and mergers and acquisitions, the report said.Q3 revenue of $935 million topped RBC's $925 million estimate and the $926 million Wall Street consensus, and adjusted EPS of $1.08 exceeded RBC's $1.03 forecast.In Q4, Skyworks expected revenue of $1.035 billion at the range midpoint, above consensus, and EPS of $1.27 at midpoint, slightly below estimates due to higher interest expenses tied to the planned $2 billion debt financing.RBC cuts its price target on Skyworks stock to $70 from $80 and maintained its sector-perform rating.Skyworks shares dropped 4.3% in Wednesday trading as the broader chip sector slumped, and Qorvo fell 1.8%.Price: $61.88, Change: $-2.80, Percent Change: -4.33%

$QRVO$SWKS
Wire

Skyworks Solutions Faces Longer-Term Radio Frequency Opportunities, RBC Capital Markets Says

Skyworks Solutions (SWKS) faces longer-term radio frequency content opportunities in iOS and Android, driven by 6G, Physical AI and a potentially consolidated supplier base, RBC Capital Markets said in a Tuesday note.The brokerage noted that the company now hopes to complete its Qorvo (QRVO) acquisition in late 2026, ahead of its original expectation for early 2027. The potential merger with Qorvo reduces single-socket risk, leading to lower volatility for Skyworks' Mobile business in the longer term, according to the note.The acquisition will also add strong Defense and Satellite expertise, and complements Skyworks' data center and Internet of Things portfolios, analysts said.RBC Capital Markets increased its price target to $80 from $72, while retaining a sector perform rating on the stock.Skyworks Solutions shares were down about 3.8% in Tuesday trading.Price: $73.33, Change: $-2.86, Percent Change: -3.75%

$QRVO$SWKS
Insider Trading

Qorvo Insider Sold Shares Worth $192,286,963, According to a Recent SEC Filing

Peter A Feld, Director, on June 02, 2026, sold 1,900,000 shares in Qorvo (QRVO) for $192,286,963. Following the Form 4 filing with the SEC, Feld has control over a total of 5,614,022 common shares of the company, with 2,496 shares held directly and 5,611,526 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1604778/000119380526000739/xslF345X05/e665539_4-feld.xml

$QRVO
Insider Trading

Qorvo Insider Sold Shares Worth $250,000, According to a Recent SEC Filing

Paul J Fego, Senior Vice President, Global Operations, on May 22, 2026, sold 2,500 shares in Qorvo (QRVO) for $250,000. Following the Form 4 filing with the SEC, Fego has control over a total of 71,038 common shares of the company, with 71,038 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1604778/000197724926000090/xslF345X05/form4.xml

$QRVO
Insider Trading

Qorvo Insider Sold Shares Worth $471,400, According to a Recent SEC Filing

Gina Harrison, Vice President and Corporate Controller, on May 22, 2026, sold 4,714 shares in Qorvo (QRVO) for $471,400. Following the Form 4 filing with the SEC, Harrison has control over a total of 24,429 common shares of the company, with 24,429 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1604778/000197724926000091/xslF345X05/form4.xml

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Wire

UBS Adjusts Price Target on Qorvo to $100 From $87, Maintains Neutral Rating

Qorvo (QRVO) has an average rating of hold and mean price target of $90.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $87.82, Change: $-8.53, Percent Change: -8.85%

$QRVO
Research

Research Alert: CFRA Downgrades Opinion On Shares Of Qorvo To Sell From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target to $89 from $81, on a P/E of about 11.5x our CY 27 EPS view of $7.76, below historical to reflect challenges across the RF space. We keep our FY 27 (Mar.) EPS estimate at $6.96 and reduce FY 28's to $8.01 from $8.46. Although we are encouraged by cost synergies from a potential acquisition by Skyworks Solutions (SWKS), receiving the necessary regulatory approvals is still a risk (entering Phase 2 in China). We continue to have concerns about QRVO's high exposure to low/no growth markets (e.g., smartphones) while the opportunity cost is high relative to better investment opportunities/growth trajectories across other vectors of the chip industry. Although revenue from QRVO's mobile business has held up better than we expected, we are wary of the competitive landscape, memory bottlenecks, and other supply chain inflationary pressures/availability. Under the deal terms of the merger, QRVO investors would receive $32.50 in cash and 0.96 of a SWKS share for each QRVO share.

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Research

Research Alert: Qrvo: Mar-q Beats; Wait And See On Pending Skyworks Merger

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:QRVO posted Mar-Q revenue of $808.3M (-19% Q/Q, -7% Y/Y) and non-GAAP EPS of $1.69, beating expectations of $802M and $1.01, respectively. Non-GAAP gross margin reached 52.6% (+350 bps Q/Q, +670 bps Y/Y), significantly exceeding the 48.5% expectation, demonstrating exceptional margin expansion despite revenue headwinds from Apple seasonality and Android exit. The strong performance underscores effectiveness of strategic cost optimization and product mix improvements. Management maintained its FY 27 targets of non-GAAP gross margin above 50% and EPS approaching $7.00, indicating confidence in sustainability of improvements. High Performance Analog delivered solid results with revenue of $202.7M (+6% Q/Q, +8% Y/Y) and operating margin of 34.7%, driven by automotive and defense strength. The company generated $255M in free cash flow and executed $400M in share repurchases, demonstrating management's confidence while awaiting the pending Skyworks Solutions Inc. (SWKS 73 ***) acquisition.

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Research

Barclays Upgrades Qorvo to Overweight From Equalweight, Adjusts Price Target to $100 From $95

Qorvo (QRVO) has an average rating of hold and mean price target of $84.75, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$QRVO
Research

Mizuho Securities Downgrades Qorvo to Underperform From Neutral, Cuts Price Target to $66 From $70

Qorvo (QRVO) has an average rating of Hold and mean price target of $84.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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