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

Buy QRVO

Analyst price target for QRVO

Based on 20 analysts offering 12 month price targets for Qorvo Inc.
Min Forecast
$95.00-11.96%
Avg Forecast
$128.95+19.5%
Max Forecast
$185.00+71.44%

Should I buy or sell QRVO stock?

Based on 23 analysts offering ratings for Qorvo Inc.
Buy
Strong Buy
7 analysts 30.43%
Buy
3 analysts 13.04%
Hold
12 analysts 52.17%
Sell
1 analysts 4.35%
Strong Sell
0 analysts 0%

QRVO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Mizuho
Top 3%
98
HoldMaintains$105.00-2.70%2022-08-04
Morgan Stanley
Top 13%
88
HoldMaintains$109.00+1.01%2022-08-04
UBS
Top 8%
93
HoldMaintains$120.00+11.20%2022-08-04
Rosenblatt
Top 3%
98
HoldMaintains$110.00+1.94%2022-08-04
Raymond James
Top 28%
73
BuyMaintains$130.00+20.47%2022-08-04
JP Morgan
Bottom 18%
18
Strong BuyMaintains$125.00+15.84%2022-08-04
Piper Sandler
Top 8%
93
Strong BuyMaintains$115.00+6.57%2022-08-04
Barclays
Top 22%
79
Strong BuyMaintains$120.00+11.20%2022-07-25
Wells Fargo
Top 7%
94
Strong BuyMaintains$130.00+20.47%2022-07-11
Cowen & Co.
Bottom 39%
39
HoldDowngrades$108.00+0.08%2022-07-11

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Forecast return on equity

Is QRVO forecast to generate an efficient return?
Company
30.33%
Industry
31.41%
Market
27.69%
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
17.8%
Industry
17.8%
QRVO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

QRVO earnings per share forecast

What is QRVO's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$7.03-5.89%
Avg 2 year Forecast
$10.20+36.55%
Avg 3 year Forecast
$12.64+69.21%
QRVO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

QRVO revenue forecast

What is QRVO's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.1B-9.6%
Avg 2 year Forecast
$4.5B-0.81%
Avg 3 year Forecast
$5.1B+10.89%
QRVO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

QRVO earnings growth forecast

How is QRVO forecast to perform vs Semiconductors companies and vs the US market?
Company
19.82%
Industry
16.14%
Market
16.25%
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
3.01%
Industry
8.85%
Market
8.68%
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$107.91$128.95+19.50%Buy
WOLF$88.59$104.83+18.34%Buy
LSCC$62.99$78.00+23.83%Strong Buy
TSEM$47.65$45.50-4.51%Buy
SYNA$144.22$228.75+58.61%Strong Buy

Qorvo Stock Forecast FAQ

Is Qorvo Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NASDAQ: QRVO) stock is to Buy QRVO stock.

Out of 23 analysts, 7 (30.43%) are recommending QRVO as a Strong Buy, 3 (13.04%) are recommending QRVO as a Buy, 12 (52.17%) are recommending QRVO as a Hold, 1 (4.35%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: QRVO) Qorvo's forecast annual earnings growth rate of 19.82% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 16.14%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.25%.

Qorvo's earnings in 2022 is $816,611,000.On average, 2 Wall Street analysts forecast QRVO's earnings for 2023 to be $725,524,261, with the lowest QRVO earnings forecast at $720,364,060, and the highest QRVO earnings forecast at $729,652,421. On average, 2 Wall Street analysts forecast QRVO's earnings for 2024 to be $1,052,681,004, with the lowest QRVO earnings forecast at $1,012,431,436, and the highest QRVO earnings forecast at $1,092,930,572.

In 2025, QRVO is forecast to generate $1,304,498,813 in earnings, with the lowest earnings forecast at $1,304,498,813 and the highest earnings forecast at $1,304,498,813.

What is QRVO's revenue growth forecast for 2023-2025?

(NASDAQ: QRVO) Qorvo's forecast annual revenue growth rate of 3.01% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 8.85%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.68%.

Qorvo's revenue in 2022 is $4,570,721,000.On average, 6 Wall Street analysts forecast QRVO's revenue for 2023 to be $426,423,117,221, with the lowest QRVO revenue forecast at $424,117,952,230, and the highest QRVO revenue forecast at $428,436,008,427. On average, 6 Wall Street analysts forecast QRVO's revenue for 2024 to be $467,878,623,995, with the lowest QRVO revenue forecast at $436,656,208,620, and the highest QRVO revenue forecast at $491,229,462,356.

In 2025, QRVO is forecast to generate $523,078,222,928 in revenue, with the lowest revenue forecast at $523,078,222,928 and the highest revenue forecast at $523,078,222,928.

What is QRVO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: QRVO) forecast ROA is 17.8%, which is lower than the forecast US Semiconductors industry average of 17.8%.

What is QRVO's Price Target?

According to 20 Wall Street analysts that have issued a 1 year QRVO price target, the average QRVO price target is $128.95, with the highest QRVO stock price forecast at $185.00 and the lowest QRVO stock price forecast at $95.00.

On average, Wall Street analysts predict that Qorvo's share price could reach $128.95 by Aug 4, 2023. The average Qorvo stock price prediction forecasts a potential upside of 19.5% from the current QRVO share price of $107.91.

What is QRVO's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: QRVO) Qorvo's current Earnings Per Share (EPS) is $7.47. On average, analysts forecast that QRVO's EPS will be $7.03 for 2023, with the lowest EPS forecast at $6.98, and the highest EPS forecast at $7.07. On average, analysts forecast that QRVO's EPS will be $10.20 for 2024, with the lowest EPS forecast at $9.81, and the highest EPS forecast at $10.59. In 2025, QRVO's EPS is forecast to hit $12.64 (min: $12.64, max: $12.64).

What is QRVO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: QRVO) forecast ROE is 30.33%, which is considered strong.
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