Get a deeper insight into the potential performance of Qorvo (QRVO) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. QRVO to Overweight from Equal-Weight, raising the price forecast to $106 from $90.
Qorvo (QRVO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Shares of chipmaker Qorvo (QRVO 13.50%) rallied 13.4% on Friday, as of 1:55 p.m. ET.
Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.
Starboard Value has built a 7.7% stake in Qorvo , the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.
The activist investor has amassed a 7.7% stake in Qorvo, according to a report from The Wall Street Journal.
Activist investor Starboard Value has built a 7.7% stake in Qorvo , the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.
Qorvo is sampling its automotive-qualified Ultra-Wideband SoC solution for offering advanced features such as keyless entry, safety and radar applications.
This has turned out to be a forgettable year for Qorvo (QRVO 3.24%) investors as shares of the chipmaker are down 38% as of this writing, which is in stark contrast to the 23% gains clocked by the PHLX Semiconductor Sector index in 2024.
Qorvo, Inc. (NASDAQ:QRVO ) Barclays 22nd Annual Global Technology Conference December 12, 2024 12:50 PM ET Company Participants Grant Brown - Senior Vice President and Chief Financial Officer Dave Fullwood - Senior Vice President, Sales and Marketing Philip Chesley - President, High Performance Analog & Senior VP Conference Call Participants Tom O'Malley - Barclays Tom O'Malley Hi, Semiconductor and Semicap Equipment Analyst here. Please have Grant Brown, Phil Chesley, and Dave Fullwood here from Qorvo.