Qorvo (NASDAQ:QRVO) Updates Q3 2025 Earnings Guidance

Qorvo (NASDAQ:QRVO) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.100-1.300 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of $875.0 million-$925.0 million, compared to the consensus revenue estimate of $1.1 billion. Qorvo also updated its Q3 guidance to $1.10-1.30 EPS.

Qorvo Trading Down 27.3 %

QRVO stock traded down $27.44 during midday trading on Wednesday, hitting $73.04. 10,432,682 shares of the company’s stock were exchanged, compared to its average volume of 1,394,354. Qorvo has a 1-year low of $71.31 and a 1-year high of $130.99. The company has a current ratio of 1.95, a quick ratio of 1.36 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $6.94 billion, a PE ratio of -100.05, a P/E/G ratio of 1.20 and a beta of 1.45. The business has a 50-day simple moving average of $104.86 and a two-hundred day simple moving average of $107.98.

Qorvo (NASDAQ:QRVO) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.03. Qorvo had a positive return on equity of 14.92% and a negative net margin of 0.66%. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the company earned $1.99 EPS. The company’s quarterly revenue was down 5.2% on a year-over-year basis. On average, sell-side analysts predict that Qorvo will post 4.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on QRVO shares. UBS Group lowered their price objective on shares of Qorvo from $115.00 to $90.00 and set a “neutral” rating for the company in a research report on Wednesday. StockNews.com lowered Qorvo from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Needham & Company LLC initiated coverage on Qorvo in a research note on Monday. They issued a “buy” rating and a $135.00 price objective for the company. Rosenblatt Securities increased their target price on Qorvo from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Finally, Barclays lowered their target price on Qorvo from $120.00 to $90.00 and set an “equal weight” rating for the company in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $104.47.

Insider Activity at Qorvo

In other news, VP Gina Harrison sold 689 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $107.67, for a total transaction of $74,184.63. Following the completion of the transaction, the vice president now directly owns 21,601 shares of the company’s stock, valued at approximately $2,325,779.67. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.46% of the stock is currently owned by corporate insiders.

About Qorvo

Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.