Qorvo (QRVO)
(Delayed Data from NSDQ)
$99.05 USD
+0.70 (0.71%)
Updated May 14, 2024 04:00 PM ET
After-Market: $99.03 -0.02 (-0.02%) 7:58 PM ET
5-Strong Sell of 5 5
C Value A Growth F Momentum B VGM
Qorvo (QRVO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$109.65 | $135.00 | $78.00 | 11.49% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Qorvo comes to $109.65. The forecasts range from a low of $78.00 to a high of $135.00. The average price target represents an increase of 11.49% from the last closing price of $98.35.
Analyst Price Targets (20)
Broker Rating
Qorvo currently has an average brokerage recommendation (ABR) of 2.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 23 brokerage firms. The current ABR compares to an ABR of 2.71 a month ago based on 24 recommendations.
Of the 23 recommendations deriving the current ABR, five are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 21.74% and 8.7% of all recommendations. A month ago, Strong Buy made up 20.83%, while Buy represented 8.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 13 | 13 | 14 | 14 | 14 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.70 | 2.70 | 2.71 | 2.71 | 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 |
---|---|---|---|---|
5/2/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
5/2/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Hold | Hold |
5/1/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
4/8/2024 | Susquehanna Financial Group | Christopher Rolland | Hold | Hold |
3/15/2024 | The Benchmark Company | Cody Acree | Strong Buy | Strong Buy |
2/1/2024 | KeyBanc Capital Markets | John Vinh | Hold | Hold |
2/1/2024 | Craig-Hallum | Anthony J Stoss | Strong Buy | Strong Buy |
2/1/2024 | Rosenblatt Securities | Kevin E Cassidy | Hold | Hold |
2/1/2024 | Piper Sandler | Harsh Kumar | Hold | Hold |
11/3/2023 | Summit Insights Group | Kinngai Chan | Hold | Hold |
8/3/2023 | Exane BNP Paribas | Karl Ackerman | Hold | Strong Buy |
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 | 2.70 |
ABR (Last week) | 2.70 |
# of Recs in ABR | 23 |
Average Target Price | $109.65 |
LT Growth Rate | 16.00% |
Industry | Semiconductors - Radio Frequency |
Industry Rank by ABR | 243 of 252 |
Current Quarter EPS Est: | 0.71 |