The Latest Breaking News from Qorvo

Amid consolidation in the chip industry, one research firm highlights three semiconductor stocks as possible acquisition targets.

Upgrades See all analyst ratings upgrades.

Chipmakers exposed to PCs, consumer electronics and Android smartphones have noted weakening demand in their second-quarter earnings reports.

With second-quarter earnings season for semiconductor stocks set to begin Thursday, analysts are adjusting their forecasts for chip stocks.

Upgrades

Over the past 3 months, 17 analysts have published their opinion on Qorvo (NASDAQ:QRVO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Mizuho analyst Vijay Rakesh reiterated Buy on Qualcomm Inc (NASDAQ:QCOM), Qorvo, Inc (NASDAQ:QRVO), and Skyworks Solutions, Inc (NASDAQ:SWKS). However, he slashed the price targets of Qualcomm from $185 to $168 (34% upside), Qorvo from $128 to $110 (12% upside), and Skyworks from $170 to $150 (62% upside). His checks into the handset supply chain indicated downside risk…

The shares of the semiconductor company Qorvo (QRVO) have experienced significant price volatility amid the broader technology sector sell-off this year. However, given the company’s new product launches and the industry’s solid prospects, is QRVO a buy now? Read on to find out.

Technology stocks have suffered recently, with the S&P 500 Information Technology index dropping 19% year to date.

Bond yields have soared this year and are poised to rise further as the Fed prepares to lift rates multiple times.

Qorvo (NASDAQ:QRVO) reported its Q4 earnings results on Wednesday, May 4, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Qorvo beat estimated earnings by 6.85%, reporting an EPS of $3.12 versus an estimate of $2.92.