Qorvo Inc. ($QRVO) Stock Forecast: Down 5.9% Today

What is Qorvo Inc.?

Qorvo, Inc. (QRVO) recently disclosed robust quarterly earnings with revenues reaching $808.3 million, surpassing expectations. Despite this, the company's stock underwent a downward trend.

Why is Qorvo Inc. going down?

QRVO stock is down 5.9% on Jun 23, 2026 15:41

• SG Americas Securities LLC notably boosted its ownership in Qorvo, Inc., showing optimism in the company's future outlook. In contrast, recent notable selling activities by the CEO and a director might have unsettled some investors.
• Vulcan Value Partners LLC trimmed its stake in Qorvo, Inc. despite the company's strong trading performance, potentially influencing the bearish movement and indicating wavering confidence among institutional investors.
• Share acquisitions by Wick Capital Partners LLC and Virtu Financial LLC likely provided some support to the stock price. Nevertheless, conflicting analyst views and persistent insider selling may have overshadowed these positive developments, contributing to the negative market trend.
• The varied actions from institutional investors, insiders, and analysts, despite Qorvo's sound financial standing, probably played a role in driving the bearish movement observed in the company's stock performance today.

QRVO Price Chart

QRVO Technical Analysis

QRVO News

SG Americas Securities LLC Purchases 464,494 Shares of Qorvo, Inc. $QRVO

SG Americas Securities LLC significantly increased its stake in Qorvo, Inc. by 198.1% in the first quarter, acquiring an additional 464,494 shares and raising its total holdings to 698,958 shares valued at approximately $54.1 million. Qorvo reported better-than-expected quarterly earnings, with $1.69 EPS against an estimate of $1.21, and revenue of $808.3 million. Despite analyst ratings predominantly being "Hold" with an average target price of $96.62, the company has seen notable insider selling from its CEO and a director.

https://www.marketbeat.com/instant-alerts/filing-sg-americas-securities-llc-purchases-464494-shares-of-qorvo-inc-qrvo-2026-06-23/

Qorvo Inc. stock outperforms competitors on strong trading day

Shares of Qorvo Inc. (QRVO) rose 3.62% to $101.98 on Monday, outperforming the overall mixed stock market. This marked the second consecutive day of gains for the company's stock.

https://www.marketwatch.com/data-news/qorvo-inc-stock-outperforms-competitors-on-strong-trading-day-e1c14b41-909ea3cb2ba6?mod=mw_quote_news

Qorvo, Inc. $QRVO Shares Sold by Vulcan Value Partners LLC

Vulcan Value Partners LLC reduced its stake in Qorvo, Inc. (NASDAQ:QRVO) by 7.9% in the fourth quarter, selling 94,011 shares, yet still maintaining over 1.1 million shares valued at approximately $93.3 million. Despite insider selling and a consensus "Hold" rating from analysts with an average price target of $96.62, institutional ownership remains high at 88.57%, with several other firms increasing their positions. Qorvo reported stronger-than-expected quarterly earnings of $1.69 per share against an expectation of $1.21.

https://www.marketbeat.com/instant-alerts/filing-qorvo-inc-qrvo-shares-sold-by-vulcan-value-partners-llc-2026-06-21/

Virtu Financial LLC Buys Shares of 18,876 Qorvo, Inc. $QRVO

Virtu Financial LLC recently acquired 18,876 shares of Qorvo, Inc., totaling approximately $1.6 million, marking a new position for the firm in the semiconductor company. Despite Qorvo's strong quarterly earnings beat with higher-than-expected EPS and revenue, several insiders, including director Peter A. Feld and CEO Robert A. Bruggeworth, have been selling shares. Analysts currently rate Qorvo as a "Hold" with a consensus target price of $96.62.

https://www.marketbeat.com/instant-alerts/filing-virtu-financial-llc-buys-shares-of-18876-qorvo-inc-qrvo-2026-06-20/

146,540 Shares in Qorvo, Inc. $QRVO Purchased by Wick Capital Partners LLC

Wick Capital Partners LLC has acquired 146,540 shares of Qorvo, Inc. (NASDAQ:QRVO), valued at approximately $12.4 million, making it their 10th largest position. While institutional ownership of Qorvo remains high at 88.57% with large funds increasing stakes, analyst sentiment is cautiously mixed with a "Hold" consensus rating. Notably, company insiders, including the CEO and a director, have recently sold significant amounts of Qorvo stock.

https://www.marketbeat.com/instant-alerts/filing-146540-shares-in-qorvo-inc-qrvo-purchased-by-wick-capital-partners-llc-2026-06-20/

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Qorvo Inc. Price History

05.05.2026 - QRVO Stock was down 5.6%

• In contrast to its recent relative market performance, Qorvo faced a noticeable decline, reflecting potential concerns linked to:
• Director Peter A. Feld's substantial $192.29 million stock transaction, sparking apprehensions regarding internal sentiment and forthcoming company performance.
• Sale of 1.9 million shares by Starboard Value LP, a significant stakeholder, implying a decreased interest and potential skepticism regarding Qorvo's short-term outlook.
• Ongoing challenges for Qorvo, including revenue downturns, diminished gross margins, and below-par EPS figures, as reported in recent regulatory filings, likely contributing to investor apprehension and selling activity.
• Despite the stock’s perceived undervaluation based on financial metrics, the considerable insider and institutional selling activities seemed to overshadow positive valuation indicators, resulting in the stock's downward movement.

23.05.2026 - QRVO Stock was down 5.9%

• SG Americas Securities LLC notably boosted its ownership in Qorvo, Inc., showing optimism in the company's future outlook. In contrast, recent notable selling activities by the CEO and a director might have unsettled some investors.
• Vulcan Value Partners LLC trimmed its stake in Qorvo, Inc. despite the company's strong trading performance, potentially influencing the bearish movement and indicating wavering confidence among institutional investors.
• Share acquisitions by Wick Capital Partners LLC and Virtu Financial LLC likely provided some support to the stock price. Nevertheless, conflicting analyst views and persistent insider selling may have overshadowed these positive developments, contributing to the negative market trend.
• The varied actions from institutional investors, insiders, and analysts, despite Qorvo's sound financial standing, probably played a role in driving the bearish movement observed in the company's stock performance today.

28.00.2026 - QRVO Stock was down 7.1%

• Qorvo's stock underwent a significant downturn recently due to its fiscal fourth-quarter outlook falling short of expectations, mainly impacted by weakened projections for its Android business.
• Analysts predict a notable decrease in revenue from the Android segment, while foreseeing steady revenue from Apple-related activities and growth in other sectors like iPads and High-Performance Analog (HPA).
• The company's decision to reduce its involvement in lower-margin mass-tier Android operations is expected to result in a $300 million drop in Android revenue for fiscal 2027, contributing to the prevailing negative market sentiment.
• Although Qorvo exceeded Q3 earnings projections, the weaker-than-expected revenue outlook for the fourth quarter led to the stock's decline.

28.00.2026 - QRVO Stock was down 5.3%

• Qorvo surpassed Q3 earnings expectations with an EPS of $2.17 and revenue of $993 million, resulting in a minor stock rise in aftermarket trading. Nevertheless, the stock declined after hours due to a less optimistic outlook for the fiscal fourth quarter, mentioning a seasonal downtrend and strategic resizing of its Android business.
• Despite outperforming Wall Street projections for Q3, the company's guidance for the next quarter was below analyst forecasts, leading to investor apprehension and contributing to a downward trend in the stock.
• The company's move towards high-margin segments like premium smartphones and automotive technology, while discontinuing lower-margin operations, suggests a focus on profitability but may have introduced doubts about future revenue growth.
• Various analyst opinions, with some elevating the stock to "Neutral" and others issuing downgrades, alongside the company's strong earnings performance, likely contributed to the fluctuation in Qorvo's stock price.

06.04.2026 - QRVO Stock was down 6.4%

• Despite exceeding earnings expectations and showcasing enhanced profitability, Qorvo's stock faced a downtrend which could be linked to the sluggish revenue growth driven by subdued smartphone demand.
• Factors such as a decrease in net income for the quarter, influenced by restructuring and merger costs, may have contributed to the negative market movement observed.
• The impending merger with Skyworks Solutions and the absence of forward-looking guidance due to the ongoing transaction could have introduced uncertainty for investors, impacting market sentiment unfavorably.
• UBS's adjustment of the price target for Qorvo to $100 from $87, alongside maintaining a Neutral rating, might have served as a signal for caution among investors and potentially played a role in the downward trend experienced by the stock.

06.04.2026 - QRVO Stock was down 6.4%

• Quarterly earnings from Qorvo surpassed expectations and the company provided an upbeat outlook. Surprisingly, the stock trended bearishly despite this positive news.
• Speculation surrounding the impending merger with Skyworks Solutions may have prompted a cautious approach from investors, leading to the sell-off and subsequent bearish movement.
• Uncertainty stemming from Qorvo's decision to halt future guidance and a lack of clarity on its strategies for navigating challenges in the smartphone market likely contributed to investor pessimism.
• Despite the stock's outperformance compared to industry peers, broader market conditions and merger uncertainties seem to have overshadowed the positive financial performance, leading to the stock's decline.

30.03.2026 - QRVO Stock was up 5.2%

• The bullish movement in Qorvo Inc. (QRVO) stock today can be attributed to several factors:
• The Ultra-WideBand (UWB) market experiencing significant acceleration with a projected CAGR of 18.7% until 2033, indicating potential growth opportunities for companies like Qorvo operating in this space.
• Vanguard Portfolio Management's significant ownership stake in Qorvo, representing 6.26% of the class, could signal confidence in the company's future prospects and potential for growth.
• Qorvo's stock outperforming competitors on a day when the broader market experienced declines showcases the company's resilience and attractiveness to investors seeking stability and growth potential.
• Despite some institutional investors like Cwm LLC reducing their stake in Qorvo, the overall positive sentiment towards the company, coupled with surpassing quarterly earnings estimates, likely contributed to the bullish movement in the stock today.

26.02.2026 - QRVO Stock was up 2.1%

• The bullish movement in QRVO stock can be attributed to the surge in demand for semiconductor chips driven by the AI boom, particularly in wireless infrastructure and defense applications.
• Despite facing potential risks from smartphone slowdowns and geopolitical tensions, Qorvo's strategic focus on high-performance RF chips aligns well with the current market trends and the company's long-term growth vectors in 6G and the space economy.
• The evaluation revision and mixed technical indicators may have added some volatility to the stock, but the overall positive outlook on Qorvo's financial health, operational efficiency, and diversification from smartphone sales likely contributed to the bullish movement.
• Investors seem optimistic about QRVO's future prospects, with analysts forecasting an expected price increase of 15.16% in the next year, further supporting the bullish sentiment surrounding the stock.

22.04.2026 - QRVO Stock was up 5.6%

• Despite underperforming compared to competitors, QRVO saw a bullish movement, possibly driven by:
• The impending merger with Skyworks Solutions generating investor interest and optimism.
• Insider selling activities, including Gina Harrison reducing her holdings, may have influenced the stock's movement.
• Skyworks Solutions' strong financial position and dividend history could have reassured investors, contributing to QRVO's positive performance.
• The overall positive trading session for the broader market might have provided a favorable backdrop for QRVO's bullish movement.

27.02.2026 - QRVO Stock was down 5.5%

• The acquisition of a portion of Qorvo's facility by Lumentum and plans to invest in its semiconductor plant may have raised concerns about potential competition and market share for Qorvo, leading to a bearish sentiment among investors.
• Despite Qorvo's recent outperformance compared to its competitors and the broader market, the evaluation revision amidst mixed market indicators and performance trends may have contributed to the downward pressure on the stock.
• The surge in AI-driven demand for semiconductor products, including those offered by Qorvo, could have created uncertainty about the company's ability to meet future market demands and maintain its competitive edge, impacting its stock price negatively.
• Overall, the complex market environment, potential competition from industry players like Lumentum, and concerns about meeting evolving market demands in the semiconductor sector likely played a role in Qorvo experiencing a bearish market movement today.

09.05.2026 - QRVO Stock was down 5.2%

• Despite the semiconductor sector's positive news and a recent 17.8% increase post its last earnings report, Qorvo's stock exhibited bearish movement.
• The stock's underperformance compared to competitors and the broader market, along with a mixed trading session, likely played a role in this bearish trend.
• Concerns relating to potential dilution or insider sentiment were raised due to the stock grant received by Qorvo's Senior Vice President, impacting investor confidence.
• While efforts to diversify revenue and supportive comments from Nvidia's CEO provided stability to the semiconductor sector, a deeper analysis is essential to understand the specifics behind Qorvo's recent bearish movement.

22.05.2026 - QRVO Stock was up 5.2%

• Vulcan Value Partners LLC decreased its stake in Qorvo, while Wick Capital Partners LLC and Virtu Financial LLC increased their positions, suggesting faith in the company's future.
• Analyst sentiment varies, with a consensus "Hold" rating possibly influenced by recent insider selling by the CEO and director, which raised initial investor concerns.
• Qorvo surpassed expectations with quarterly earnings of $1.69 per share compared to an anticipated $1.21, a key factor in the stock's bullish movement and indication of strong financial performance.
• Despite daily gains, Qorvo's stock underperformed relative to competitors, potentially due to profit-taking behaviors or market conditions, causing investors to adopt a more cautious approach following the positive earnings report.