Qorvo (QRVO) has been in the spotlight recently with numerous buys, sells, and holdings adjustments from several investment firms.
Cwm LLC bought nearly 26k shares, while
Ninety One UK Ltd and
Amundi scaled back their holdings.
Natixis and
Dorsal Capital Management LP also held significant positions in Qorvo. Analysts are debating if QRVO is an evolving opportunity offering value in the long run, particularly after the recent 3% share price rise.
QRVO outperformed Q3 earnings and revenue estimates, showing robust financial performance. Despite being down 10.3% since the last earnings report, it rebounded with well over 6% rise. The stock's soaring momentum and strong value also attracted attention. Yet, critics believe that the company has to overcome challenges like a
$170.6M loss. Qorvo's strong revenue performance despite a strategic push into satellite and aerospace markets brings new growth opportunities. The planned
merger with fellow Apple supplier Skyworks for $22B raises the stakes for Qorvo and Skyworks' combined future.
Qorvo QRVO News Analytics from Wed, 30 Apr 2025 07:00:00 GMT to Sat, 03 Jan 2026 10:07:28 GMT -
Rating 6
- Innovation -1
- Information 8
- Rumor -7
