Qorvo (QRVO)
(Delayed Data from NSDQ)
$120.04 USD
-5.10 (-4.08%)
Updated Jul 24, 2024 04:00 PM ET
After-Market: $119.81 -0.23 (-0.19%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth D Momentum B VGM
Qorvo (QRVO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$111.21 | $145.00 | $78.00 | -11.13% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Qorvo comes to $111.21. The forecasts range from a low of $78.00 to a high of $145.00. The average price target represents a decline of 11.13% from the last closing price of $125.14.
Analyst Price Targets (19)
Broker Rating
Qorvo currently has an average brokerage recommendation (ABR) of 2.77 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 2.70 a month ago based on 23 recommendations.
Of the 22 recommendations deriving the current ABR, four are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 18.18% and 9.09% of all recommendations. A month ago, Strong Buy made up 21.74%, while Buy represented 8.7%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 13 | 13 | 13 | 13 | 14 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.77 | 2.77 | 2.70 | 2.70 | 2.71 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/17/2024 | Susquehanna Financial Group | Christopher Rolland | Hold | Hold |
6/12/2024 | Rosenblatt Securities | Kevin E Cassidy | Hold | Hold |
6/11/2024 | Not Identified | Not Identified | Hold | Hold |
5/3/2024 | Goldman Sachs | Toshiya Hari | Hold | Hold |
5/2/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
5/2/2024 | UBS | Timothy Arcuri | Hold | Hold |
5/2/2024 | Not Identified | Not Identified | Hold | Hold |
5/2/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Hold | Hold |
5/1/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
4/1/2024 | Cowen & Co. | Matthew D Ramsay | Hold | Hold |
3/15/2024 | The Benchmark Company | Cody Acree | Strong Buy | Strong Buy |
2/1/2024 | Piper Sandler | Harsh Kumar | Hold | Hold |
2/1/2024 | KeyBanc Capital Markets | John Vinh | Hold | Hold |
2/1/2024 | Craig-Hallum | Anthony J Stoss | Strong Buy | Strong Buy |
1/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/3/2024 | Wells Fargo Securities | Gary Mobley | Hold | Hold |
11/3/2023 | Summit Insights Group | Kinngai Chan | Hold | Hold |
10/10/2023 | Not Identified | Not Identified | Hold | Strong Sell |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.77 |
ABR (Last week) | 2.77 |
# of Recs in ABR | 22 |
Average Target Price | $111.21 |
LT Growth Rate | 20.10% |
Industry | Semiconductors - Radio Frequency |
Industry Rank by ABR | 13 of 252 |
Current Quarter EPS Est: | 0.71 |