Goldman Sachs Group has initiated coverage on semiconductor company
Qorvo (NASDAQ:QRVO), with a neutral rating. Reports indicate that Qorvo's intrinsic value is under scrutiny, and there's been a swift reversal in stock price following a warning of weakness in smartphone parts. Despite this, Qorvo's securities have seen a 5.9% increase since the last earnings report, suggesting potential future growth.
Mizuho has maintained a 'neutral' rating, albeit while raising the price target. Additionally,
Benchmark has recently upgraded Qorvo. Q4 sales surprised investors positively, leading to a 14.9% rise in the stock price. Q1 expectations have also exceeded analyst predictions. An analysis by Zacks showed that Qorvo could potentially beat earnings estimates again. Despite these positive signals, Qorvo's stock has also faced downturns, dropping 13.4% after an earnings report. Nevertheless, the company stock received a rating upgrade to Buy. Recent earnings calls for Q2 and Q3 of 2025 highlighted strong revenue growth and defence growth despite market challenges. Notably, activist investor
Starboard Value took a significant 7.7% stake in Qorvo.
Qorvo QRVO News Analytics from Mon, 16 Sep 2024 07:00:00 GMT to Sat, 12 Jul 2025 19:30:18 GMT -
Rating 4
- Innovation 7
- Information 5
- Rumor -3
