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

Analyst price target for QRVO

Based on 13 analysts offering 12 month price targets for Qorvo Inc.
Min Forecast
$100.00+4.28%
Avg Forecast
$112.00+16.79%
Max Forecast
$140.00+45.99%

Should I buy or sell QRVO stock?

Based on 13 analysts offering ratings for Qorvo Inc.
Hold
Strong Buy
1 analysts 7.69%
Buy
3 analysts 23.08%
Hold
9 analysts 69.23%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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QRVO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 2%
99
HoldMaintains$103.00+7.40%2023-05-05
BMO Capital
Top 4%
97
HoldMaintains$110.00+14.70%2023-05-04
Morgan Stanley
Top 5%
96
HoldMaintains$111.00+15.75%2023-05-04
Needham
Top 1%
100
BuyMaintains$140.00+45.99%2023-05-04
Mizuho
Top 1%
100
HoldMaintains$102.00+6.36%2023-05-04
Wells Fargo
Top 11%
90
HoldMaintains$100.00+4.28%2023-04-11
Stifel Nicolaus
Top 4%
97
HoldInitiates Coverage On$110.00+14.70%2023-04-06
Raymond James
Top 25%
76
BuyReinstates$120.00+25.13%2023-03-02
Craig-Hallum
Top 38%
63
BuyMaintains$130.00+35.56%2023-02-02
Cowen & Co.
Top 20%
81
HoldMaintains$100.00+4.28%2023-02-02

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Forecast return on equity

Is QRVO forecast to generate an efficient return?
Company
31.98%
Industry
31.21%
Market
89.57%
QRVO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is QRVO forecast to generate an efficient return on assets?
Company
18.65%
Industry
17.6%
QRVO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

QRVO earnings growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
253.76%
Industry
93.98%
Market
34.51%
QRVO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
QRVO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
QRVO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

QRVO revenue growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
25.82%
Industry
14.16%
Market
8.85%
QRVO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
QRVO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

QRVO vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
QRVO$95.90$112.00+16.79%Hold
LSCC$78.62$99.25+26.24%Strong Buy
ALGM$38.51$45.80+18.93%Strong Buy
ASX$7.94N/AN/A
RMBS$63.22$63.75+0.84%Strong Buy

Qorvo Stock Forecast FAQ

Is Qorvo Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NASDAQ: QRVO) stock is to Hold QRVO stock.

Out of 13 analysts, 1 (7.69%) are recommending QRVO as a Strong Buy, 3 (23.08%) are recommending QRVO as a Buy, 9 (69.23%) are recommending QRVO as a Hold, 0 (0%) are recommending QRVO as a Sell, and 0 (0%) are recommending QRVO as a Strong Sell.

If you're new to stock investing, here's how to buy Qorvo stock.

What is QRVO's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: QRVO) forecast ROE is 31.98%, which is considered strong.

What is QRVO's Price Target?

According to 13 Wall Street analysts that have issued a 1 year QRVO price target, the average QRVO price target is $112.00, with the highest QRVO stock price forecast at $140.00 and the lowest QRVO stock price forecast at $100.00.

On average, Wall Street analysts predict that Qorvo's share price could reach $112.00 by May 5, 2024. The average Qorvo stock price prediction forecasts a potential upside of 16.79% from the current QRVO share price of $95.90.

What is QRVO's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: QRVO) forecast ROA is 18.65%, which is higher than the forecast US Semiconductors industry average of 17.6%.
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