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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
$78.00-34.79%
Avg Forecast
$105.85-11.51%
Max Forecast
$134.00+12.02%

Should I buy or sell QRVO stock?

Based on 13 analysts offering ratings for Qorvo Inc.
Hold
Strong Buy
1 analysts 7.69%
Buy
2 analysts 15.38%
Hold
8 analysts 61.54%
Sell
0 analysts 0%
Strong Sell
2 analysts 15.38%

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QRVO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-02-01
Needham
Top 1%
100
BuyReiterates$125.00+4.50%2024-02-01
Barclays
Top 26%
75
HoldMaintains$100.00-16.40%2024-01-16
Morgan Stanley
Top 4%
97
Strong BuyUpgrades$134.00+12.02%2023-12-08
Mizuho
Top 1%
100
HoldMaintains$97.00-18.91%2023-11-03
BMO Capital
Top 3%
98
HoldMaintains$100.00-16.40%2023-11-03

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Forecast return on equity

Is QRVO forecast to generate an efficient return?
Company
N/A
Industry
0.78%
Market
19.97%

Forecast return on assets

Is QRVO forecast to generate an efficient return on assets?
Company
N/A
Industry
0.36%

QRVO revenue forecast

What is QRVO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$3.7B+8.08%
Avg 2 year Forecast
$4.1B+18.61%
Avg 3 year Forecast
$4.5B+28.94%
QRVO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

QRVO revenue growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
8.88%
Industry
25.86%
Market
10.46%
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$119.62$105.85-11.51%Hold
LSCC$78.20$79.29+1.39%Strong Buy
ASX$9.91N/AN/A
RMBS$64.49$85.00+31.80%Strong Buy
MTSI$92.68$101.00+8.98%Buy

Qorvo Stock Forecast FAQ

Is Qorvo Stock a good buy in 2024, 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, 2 (15.38%) are recommending QRVO as a Buy, 8 (61.54%) are recommending QRVO as a Hold, 0 (0%) are recommending QRVO as a Sell, and 2 (15.38%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: QRVO) Qorvo's forecast annual revenue growth rate of 8.88% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 25.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.46%.

Qorvo's revenue in 2024 is $3,461,221,000.On average, 7 Wall Street analysts forecast QRVO's revenue for 2024 to be $361,162,775,327, with the lowest QRVO revenue forecast at $353,560,453,196, and the highest QRVO revenue forecast at $362,621,525,979. On average, 7 Wall Street analysts forecast QRVO's revenue for 2025 to be $396,352,853,848, with the lowest QRVO revenue forecast at $380,883,666,810, and the highest QRVO revenue forecast at $412,426,048,039.

In 2026, QRVO is forecast to generate $430,873,851,554 in revenue, with the lowest revenue forecast at $404,634,587,478 and the highest revenue forecast at $473,519,981,292.

What is QRVO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: QRVO) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 0.36%.

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 $105.85, with the highest QRVO stock price forecast at $134.00 and the lowest QRVO stock price forecast at $78.00.

On average, Wall Street analysts predict that Qorvo's share price could fall to $105.85 by Feb 2, 2025. The average Qorvo stock price prediction forecasts a potential downside of 11.51% from the current QRVO share price of $119.62.

What is QRVO's forecast return on equity (ROE) for 2024-2026?

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