Apple supplier
Qorvo forecasted weakness in smartphone parts causing a quick reversal in stock price. Despite market challenges, Qorvo witnessed strong defense growth throughout its Q3 2025 Earnings Call. It was upgraded to
Buy and also saw Starboard Value take a stake in the company, causing its stock to surge. Although Qorvo's record defense sales couldn't prevent a Q4 revenue slide, there remains high interest in the chipmaker's position. Amid the semiconductor industry gains, Qorvo stock surged by 5%. The company's Q4 sales were surprising for investors, resulting in a 14.9% jump in the stock price. Analysts are bullish on Qorvo, with Piper Sandler upgrading to
Overweight with a $110 target, highlighting AI partnerships and efficiency potential. Despite a few negative occurrences, including a 25% crash in the Qorvo's stock and a shock loss leading to plummeting stock, the company exceeded Q3 estimates of $0.43 EPS and $916. Starboard Value’s 7.7% stake news boosted investor sentiment. However, the returns at Qorvo were not growing, suggesting mixed market signals.
Qorvo QRVO News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 08 Feb 2025 10:36:00 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -2
