Qorvo (QRVO) Projected to Release Earnings on Tuesday

Qorvo (NASDAQ:QRVO) is expected to post its Q1 2027 results after the market closes on Tuesday, July 28th. Analysts expect Qorvo to announce earnings of $1.10 per share and revenue of $743.93 million for the quarter. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Investors can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 4:30 PM ET.

Qorvo (NASDAQ:QRVO) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.48. The firm had revenue of $808.28 million for the quarter, compared to analysts’ expectations of $801.31 million. Qorvo had a return on equity of 15.32% and a net margin of 9.22%.The company’s revenue was down 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.42 EPS. On average, analysts expect Qorvo to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qorvo Stock Performance

QRVO stock opened at $85.72 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.24 and a quick ratio of 2.46. Qorvo has a 1 year low of $74.92 and a 1 year high of $109.49. The company has a market cap of $7.56 billion, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 1.34 and a beta of 1.44. The stock’s fifty day moving average price is $94.91 and its 200-day moving average price is $86.51.

Insider Buying and Selling

In other news, Director Peter A. Feld sold 1,900,000 shares of Qorvo stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $101.20, for a total transaction of $192,280,000.00. Following the transaction, the director directly owned 5,611,526 shares of the company’s stock, valued at $567,886,431.20. The trade was a 25.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Paul J. Fego sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $100.00, for a total value of $250,000.00. Following the transaction, the senior vice president owned 71,038 shares of the company’s stock, valued at approximately $7,103,800. This trade represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,966,127 shares of company stock worth $198,911,103. Company insiders own 0.49% of the company’s stock.

Hedge Funds Weigh In On Qorvo

Several large investors have recently added to or reduced their stakes in QRVO. Jones Financial Companies Lllp raised its position in shares of Qorvo by 440.1% during the 1st quarter. Jones Financial Companies Lllp now owns 8,134 shares of the semiconductor company’s stock valued at $589,000 after purchasing an additional 6,628 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Qorvo by 158.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,121 shares of the semiconductor company’s stock worth $180,000 after buying an additional 1,301 shares during the period. First Trust Advisors LP increased its stake in Qorvo by 56.5% in the 2nd quarter. First Trust Advisors LP now owns 142,503 shares of the semiconductor company’s stock worth $12,100,000 after buying an additional 51,475 shares in the last quarter. Marshall Wace LLP purchased a new stake in Qorvo in the 2nd quarter worth $428,000. Finally, Cerity Partners LLC bought a new stake in Qorvo during the second quarter valued at about $327,000. Hedge funds and other institutional investors own 88.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on QRVO shares. Barclays upgraded Qorvo from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $95.00 to $100.00 in a research note on Wednesday, April 22nd. Zacks Research cut shares of Qorvo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Mizuho reissued an “underperform” rating and issued a $66.00 price objective (down from $70.00) on shares of Qorvo in a report on Monday, April 20th. Wall Street Zen upgraded shares of Qorvo from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, UBS Group upped their target price on shares of Qorvo from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Qorvo presently has a consensus rating of “Hold” and an average target price of $97.07.

About Qorvo

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.