Qorvo (QRVO) Expected to Announce Quarterly Earnings on Tuesday

Qorvo (NASDAQ:QRVO) will likely be posting its Q2 2027 results after the market closes on Tuesday, October 27th. Analysts expect the company to post earnings of $2.04 per share and revenue of $919.04 million for the quarter. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2027 earnings overview page for the latest details on the call scheduled for Monday, November 2, 2026 at 4:30 PM ET.

Qorvo (NASDAQ:QRVO) last posted its earnings results on Tuesday, July 28th. The semiconductor company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.53. Qorvo had a return on equity of 17.23% and a net margin of 10.95%. The company had revenue of $784.79 million for the quarter, compared to the consensus estimate of $743.28 million. During the same period in the previous year, the business earned $0.92 earnings per share. Qorvo’s quarterly revenue was down 4.2% compared to the same quarter last year. On average, analysts expect Qorvo to post $6.42 EPS for the current fiscal year and $6.67 EPS for the next fiscal year.

Qorvo Price Performance

Qorvo stock opened at $114.17 on Tuesday. The company has a quick ratio of 2.68, a current ratio of 3.54 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $10.07 billion, a PE ratio of 26.49, a P/E/G ratio of 1.98 and a beta of 1.42. The firm’s 50-day simple moving average is $107.59 and its 200 day simple moving average is $96.97. Qorvo has a 52 week low of $74.92 and a 52 week high of $121.09.

Insider Activity

In other Qorvo news, CEO Robert A. Bruggeworth sold 28,744 shares of Qorvo stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $100.87, for a total value of $2,899,407.28. Following the completion of the sale, the chief executive officer owned 325,546 shares in the company, valued at $32,837,825.02. The trade was a 8.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Philip Chesley sold 5,487 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $97.50, for a total transaction of $534,982.50. Following the transaction, the senior vice president directly owned 44,021 shares of the company’s stock, valued at approximately $4,292,047.50. This represents a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 62,309 shares of company stock valued at $6,304,642 in the last three months. Company insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on QRVO shares. Citigroup reduced their target price on Qorvo from $100.00 to $95.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. TD Cowen restated a “hold” rating on shares of Qorvo in a report on Wednesday, July 29th. UBS Group upped their target price on shares of Qorvo from $91.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qorvo in a research note on Friday, July 24th. Finally, Wall Street Zen raised shares of Qorvo from a “hold” rating to a “buy” rating in a research report on Sunday, August 2nd. Three research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $94.00.

About Qorvo

Qorvo, Inc is a semiconductor company that develops radio-frequency (RF) and power-management solutions for wireless connectivity and other electronic systems. Its products include RF amplifiers, filters, switches, integrated modules, power amplifiers, and related components used to transmit, receive, and manage radio signals.

The company serves a range of markets, including smartphones and other mobile devices, wireless infrastructure, Wi-Fi and broadband equipment, automotive systems, Internet of Things devices, aerospace and defense applications, and industrial electronics.