Prev Arrow Stocks

Qorvo Inc. ($QRVO) Stock Forecast: Down 33.8% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Qorvo Inc.?

Qorvo (NASDAQ: QRVO) is a leading global provider of connectivity and power solutions. Today, the stock had a strong bearish movement in the market.

Why is Qorvo Inc. going down?

QRVO stock is down 33.8% on May 22, 2025 14:11

  • The announcement of Qorvo's intent to nominate Peter Feld of Starboard Value for election to the board at the 2025 Annual Meeting may have caused uncertainty and concerns among investors.
  • The decision to increase the size of the Board and include a new director could signal potential changes in the company's strategic direction, leading to a negative sentiment in the market.
  • Investors might be reacting to the news with caution, leading to a sell-off of QRVO shares as they wait to see how this potential board change could impact the company's future performance.

QRVO Price Chart

QRVO Technical Analysis

QRVO News

Qorvo® Announces Intent to Nominate Peter Feld of Starboard Value for Election to the Board at the 2025 Annual Meeting - Qorvo ( NASDAQ:QRVO )

GREENSBORO, N.C., May 19, 2025 ( GLOBE NEWSWIRE ) -- Qorvo® QRVO, a leading global provider of connectivity and power solutions, today announced that its Board of Directors ( the "Board" ) has resolved to increase the size of the Board from nine to ten directors and to include Peter Feld as one ...

https://www.benzinga.com/pressreleases/25/05/g45488955/qorvo-announces-intent-to-nominate-peter-feld-of-starboard-value-for-election-to-the-board-at-the-

0 News Article Image Qorvo® Announces Intent to Nominate Peter Feld of Starboard Value for Election to the Board at the 2025 Annual Meeting - Qorvo  ( NASDAQ:QRVO )

Qorvo Inc. Price History

30.03.2025 - QRVO Stock was up 7.7%

  • Qorvo (QRVO) saw a notable uptrend in its stock price today following its Q4 earnings release:
  • QRVO exceeded analyst predictions by a significant margin with strong earnings and revenue figures.
  • The company reported earnings per share of $1.42 and revenue of $869.5 million for Q4, and provided optimistic guidance for Q1, boosting investor confidence.
  • QRVO's ability to outperform competitors in a challenging market environment contributed to the positive market reception, suggesting promising growth opportunities ahead.

30.03.2025 - QRVO Stock was up 10.3%

  • QRVO stock experienced a strong bullish movement today.
  • The bullish trend can be attributed to Qorvo's impressive Q4 earnings results, surpassing estimates despite a year-over-year decline in revenues in some segments.
  • Investors seem optimistic about Qorvo's future prospects, as the company beat earnings and revenue estimates for the quarter ended March 2025.
  • The strong Q1 guidance provided by Qorvo also contributed to the stock's rally, indicating potential growth ahead.

17.00.2025 - QRVO Stock was up 9.9%

  • Qorvo's stock surged 7% after hours following an announcement that an activist investor had acquired a stake in the company.
  • It was revealed that the investor now holds a 7.7% stake in Qorvo, valued at around $500 million, with plans for operational enhancements.
  • Investor sentiment towards Qorvo's future outlook was likely lifted by this development, leading to the notable rise in the stock price.
  • The market responded favorably to the anticipated operational and strategic changes anticipated with the involvement of the activist investor.

17.00.2025 - QRVO Stock was up 11.3%

  • Qorvo saw a significant bullish movement following an activist investor acquiring a 7.7% stake in the company, valued at around $500 million. This development likely boosted investor confidence in potential operational changes and strategic direction.
  • The positive sentiment around Qorvo may have been influenced by the overall bullish market trend, with U.S. stocks, including big players like Schlumberger Limited, posting positive results and driving the market higher.
  • The announcement of the investor's stake in Qorvo may have generated optimism among investors, leading to increased buying interest and pushing the stock price higher after hours.
  • This strategic investment by the activist investor in Qorvo represents a potential catalyst for the company's future growth and operational enhancements, aligning with market expectations and contributing to the stock's bullish movement.

06.11.2024 - QRVO Stock was down 4.8%

  • The bearish movement in QRVO stock could be attributed to investors' reactions to the upcoming presentation at the Barclays 22nd Annual Global Technology Conference.
  • Investors might have concerns or uncertainties about the information that will be shared during the presentation, leading to a sell-off of QRVO shares.
  • The market might be interpreting the presentation as potentially negative news for Qorvo, prompting a bearish sentiment among traders.

30.09.2024 - QRVO Stock was down 26.8%

  • Qorvo's stock faced heavy selling pressure post second-quarter financial results and lower-than-expected third-quarter guidance.
  • Despite surpassing analyst estimates for adjusted earnings, concerns about performance and weaker revenues sent a warning signal to investors.
  • Year-over-year sales decline in various business verticals, along with earnings beats, contributed to the bearish movement in the stock.
  • The overall market sentiment towards Qorvo turned negative due to disappointing financial results and guidance, resulting in a significant drop in the stock price.

30.00.2025 - QRVO Stock was down 5.1%

  • Despite Qorvo reporting better-than-expected third-quarter financial results, the stock saw a bearish movement, indicating a possible "sell the news" reaction from investors.
  • The slashing of forecasts by analysts post the earnings report could have raised concerns about future growth prospects, leading to a sell-off in the stock.
  • Although Qorvo's earnings and revenues surpassed estimates, the year-over-year sales drop in key business verticals might have overshadowed the positive results, contributing to the bearish movement.
  • The market reaction could also be influenced by profit-taking behaviors from investors who witnessed a significant stock price increase following the earnings release.

16.03.2025 - QRVO Stock was down 5.1%

  • Qorvo stock showed a slight rebound over the past 5 days, but longer-term technical indicators remain bearish, suggesting continued market pressure.
  • Despite Starboard Value holding a significant stake in QRVO, there was no immediate positive effect on the stock's performance.
  • Concerns in the market were potentially reignited by China's reintroduction of new tariffs, which may have contributed to the bearish movement in Qorvo's stock price.

31.09.2024 - QRVO Stock was down 5.1%

  • Qorvo's stock faced heavy selling pressure after reporting second-quarter financial results and issuing third-quarter guidance below estimates, leading to a bearish sentiment among investors.
  • The options market also reflected a bearish stance on Qorvo, with large trades indicating a negative outlook on the stock.
  • Despite surpassing earnings estimates in the second quarter, concerns about lower revenues and business verticals' performance contributed to the overall bearish movement in QRVO stock.
  • The warning signal sent by Qorvo's performance also had implications for other companies like Apple, hinting at broader market concerns and impacting investor sentiment negatively.

24.03.2025 - QRVO Stock was up 5.3%

  • QRVO likely experienced a bullish movement due to positive sentiment in the tech sector, as indicated by the upcoming strong earnings report from Alphabet (GOOGL).
  • The strong industrial growth reported by TE Connectivity (TEL) could have also contributed to the bullish movement in QRVO, as it operates in a similar industry.
  • Investors may be optimistic about QRVO's future performance, given the overall positive market sentiment towards tech and industrial companies.

04.02.2025 - QRVO Stock was down 5.1%

  • QRVO saw a significant decrease in stock value today, which could be linked to concerns about its ability to recover from the 13.4% downturn following its last earnings announcement.
  • Investor confidence in QRVO's upcoming performance may be waning, evident in the market's negative outlook on the stock.
  • Uncertainties surrounding QRVO's earnings projections and its prospects for a resurgence likely contributed to the stock's decline today.

22.04.2025 - QRVO Stock was down 33.8%

  • The announcement of Qorvo's intent to nominate Peter Feld of Starboard Value for election to the board at the 2025 Annual Meeting may have caused uncertainty and concerns among investors.
  • The decision to increase the size of the Board and include a new director could signal potential changes in the company's strategic direction, leading to a negative sentiment in the market.
  • Investors might be reacting to the news with caution, leading to a sell-off of QRVO shares as they wait to see how this potential board change could impact the company's future performance.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.