
Qorvo (QRVO) Stock Forecast & Price Target
Qorvo (QRVO) Analyst Ratings
Bulls say
Qorvo's diversification into high-performance analog, connectivity, and sensor end markets has the potential to enhance profit margins beyond those typically associated with cellular handsets, supported by a current gross margin of 49.7%, which is at the top of its guidance range. The company has set ambitious long-term financial targets, including revenue growth in the mid-to-high single digits and a gross margin goal of 50%-55%, indicating improved profitability compared to the pre-merger figures. Additionally, Qorvo's upward revision of its revenue outlook to $1.1 billion for the September period, alongside an expected EPS of $2.22, reflects strong performance and positive market conditions driven by seasonal sales, particularly from major clients like Apple.
Bears say
Qorvo's financial outlook appears negatively impacted by a significant year-over-year contraction of approximately 11% in the Advanced Cellular Group (ACG) revenue, which reflects a strategic shift away from lower-tier Android handsets. The company is predicting continued declines in ACG segment revenues for fiscal year 2026, with a revised forecast suggesting low-single-digit growth for the Cellular Solutions Group (CSG) compared to prior guidance of 10-12%. Additionally, management has indicated that the anticipated decline in Android revenues is expected to materialize predominantly in the latter half of fiscal 2026, contributing further to concerns regarding Qorvo's overall financial performance.
This aggregate rating is based on analysts' research of Qorvo and is not a guaranteed prediction by Public.com or investment advice.
Qorvo (QRVO) Analyst Forecast & Price Prediction
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