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NASDAQ: QRVO
Qorvo Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for QRVO

Based on 15 analysts offering 12 month price targets for Qorvo Inc.
Min Forecast
$170.00-2.33%
Avg Forecast
$214.20+23.07%
Max Forecast
$250.00+43.64%

Should I buy or sell QRVO stock?

Based on 15 analysts offering ratings for Qorvo Inc.
Strong Buy
Strong Buy
9 analysts 60%
Buy
4 analysts 26.67%
Hold
2 analysts 13.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

QRVO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Top 15%
86
Strong BuyMaintains$225.00+29.27%2021-08-05
Rosenblatt
Top 4%
97
HoldMaintains$215.00+23.53%2021-08-05
Oppenheimer
Top 14%
87
BuyMaintains$250.00+43.64%2021-08-05
Argus Research
Top 6%
95
Strong BuyInitiates Coverage On$225.00+29.27%2021-07-01
Barclays
Top 18%
83
Strong BuyMaintains$220.00+26.40%2021-06-29
Wells Fargo
Top 10%
91
Strong BuyMaintains$230.00+32.15%2021-05-06
Anonymous
Morgan Stanley
Strong BuyMaintains$223.00+28.12%2021-05-06
Needham
Top 1%
100
BuyMaintains$245.00+40.76%2021-05-06
Mizuho
Top 2%
99
Strong BuyMaintains$215.00+23.53%2021-04-09
Citigroup
Top 11%
90
HoldMaintains$170.00-2.33%2021-02-11

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Forecast return on equity

Is QRVO forecast to generate an efficient return?
Company
30.15%
Industry
32.53%
Market
1,975.18%

Forecast return on assets

Is QRVO forecast to generate an efficient return on assets?
Company
19.27%
Industry
18.15%
Market
951.37%

QRVO earnings per share forecast

What is QRVO's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$11.21+37.55%
Avg 2 year Forecast
$12.61+54.72%
QRVO's earnings are forecast to grow at a rate of 19.79% per year, which is not exceptional
Forecast

QRVO revenue forecast

What is QRVO's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.7B+9.44%
Avg 2 year Forecast
$5.1B+17.48%
Avg 3 year Forecast
$5.4B+23.99%
QRVO's revenue is forecast to grow at a rate of 7.6% per year, which is not exceptional
Forecast

QRVO earnings growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
19.79%
Industry
23.53%
Market
18.62%
QRVO's earnings are forecast to grow slower (19.79% per year) than the US Semiconductors industry average (23.53%)
Forecast
QRVO's earnings are forecast to grow faster (19.79% per year) than the US market average (18.62%)
Forecast
QRVO's earnings are forecast to grow faster (19.79% per year) than the risk-free savings rate (1.5%)
Forecast

QRVO revenue growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
7.6%
Industry
13.13%
Market
12.38%
QRVO's revenues are forecast to grow slower (7.6% per year) than the US Semiconductors industry average (13.13%)
Forecast
QRVO's revenues are forecast to grow slower (7.6% per year) than the US market average (12.38%)
Forecast

Qorvo Stock Forecast FAQ

Is Qorvo Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: QRVO) stock is to Strong Buy QRVO stock.

Out of 15 analysts, 9 (60%) are recommending QRVO as a Strong Buy, 4 (26.67%) are recommending QRVO as a Buy, 2 (13.33%) are recommending QRVO as a Hold, 0 (0%) are recommending QRVO as a Sell, and 0 (0%) are recommending QRVO as a Strong Sell.

What is QRVO's earnings growth forecast for 2022-2023?

(NASDAQ: QRVO) Qorvo's forecast annual earnings growth rate of 19.79% is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 23.53%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Qorvo's earnings in 2021 is $922,315,000.On average, 4 Wall Street analysts forecast QRVO's earnings for 2022 to be $1,245,896,506, with the lowest QRVO earnings forecast at $1,225,891,032, and the highest QRVO earnings forecast at $1,272,570,473.

In 2023, QRVO is forecast to generate $1,401,494,643 in earnings, with the lowest earnings forecast at $1,355,926,617 and the highest earnings forecast at $1,435,948,516.

What is QRVO's revenue growth forecast for 2022-2024?

(NASDAQ: QRVO) Qorvo's forecast annual revenue growth rate of 7.6% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 13.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

Qorvo's revenue in 2021 is $4,338,207,000.On average, 6 Wall Street analysts forecast QRVO's revenue for 2022 to be $527,688,517,871, with the lowest QRVO revenue forecast at $524,222,791,666, and the highest QRVO revenue forecast at $534,035,032,430. On average, 6 Wall Street analysts forecast QRVO's revenue for 2023 to be $566,426,341,050, with the lowest QRVO revenue forecast at $561,808,188,362, and the highest QRVO revenue forecast at $574,334,949,758.

In 2024, QRVO is forecast to generate $597,824,711,278 in revenue, with the lowest revenue forecast at $590,717,210,690 and the highest revenue forecast at $604,932,211,865.

What is QRVO's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: QRVO) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 2.2%.

What is QRVO's Price Target?

According to 15 Wall Street analysts that have issued a 1 year QRVO price target, the average QRVO price target is $214.20, with the highest QRVO stock price forecast at $250.00 and the lowest QRVO stock price forecast at $170.00.

On average, Wall Street analysts predict that Qorvo's share price could stay at $214.20 by Aug 5, 2022. The average Qorvo stock price prediction forecasts a potential downside of N/A from the current QRVO share price of $174.05.

What is QRVO's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: QRVO) Qorvo's current Earnings Per Share (EPS) is $8.15. On average, analysts forecast that QRVO's EPS will be $11.21 for 2022, with the lowest EPS forecast at $11.03, and the highest EPS forecast at $11.45. In 2023, QRVO's EPS is forecast to hit $12.61 (min: $12.20, max: $12.92).

What is QRVO's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: QRVO) forecast ROE is N/A, which is considered weak.
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