Qorvo (QRVO) Stock

In the last year, Qorvo, Inc. has not done as well as other mid-sized companies and semiconductor stocks, with a 17% decline. The Q3-25 results released yesterday after the market closed could have changed this trend, but even with better-than-expected earnings, the overall results were still disappointing. Although QRVO has raised its forecast for Q4 earnings per share, it's important to remember that this outlook was significantly lowered a few quarters ago.

Even though there was a decline in sales compared to last year in an important business area, QRVO's overall growth was boosted by strong performance in key markets like defense and aerospace.

Qorvo, Inc. (NASDAQ:QRVO) will hold its Q3 2025 Earnings Conference Call on January 28, 2025, at 4:30 PM ET. The call will feature company representatives including Douglas DeLieto, Bob Bruggeworth, Grant Brown, and Dave Fullwood. Participants from various financial institutions will also join the call, but all attendees will be in listen-only mode.

Qorvo (QRVO -5.52%), a leading company in radio frequency (RF) solutions, announced its earnings for the third quarter of Fiscal 2025 on January 28, 2025. The results were impressive, even with the challenges in the market.

While the revenue and earnings per share (EPS) for Qorvo (QRVO) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Qorvo (QRVO) reported quarterly earnings of $1.61 per share, which is higher than the Zacks Consensus Estimate of $1.20 per share. This is a decrease compared to earnings of $2.10 per share from the same period last year.

The activist investor has a history with Qorvo, going back to one of its earlier companies.

To better understand how Qorvo (QRVO) might perform in the quarter ending December 2024, look past Wall Street's basic revenue and profit predictions. Instead, focus on the estimates for some of its important metrics. This will give you a clearer picture of the company's potential performance.

Morgan Stanley analyst Joseph Moore has changed his rating for Qorvo, Inc. QRVO from Equal-Weight to Overweight and increased the price target from $90 to $106.