Qorvo (NASDAQ:QRVO) Issues Q2 2025 Earnings Guidance

Qorvo (NASDAQ:QRVOGet Free Report) updated its second quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.750-1.950 for the period, compared to the consensus EPS estimate of 1.830. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. Qorvo also updated its Q2 guidance to $1.75-1.95 EPS.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Qorvo from $105.00 to $100.00 and set an underweight rating for the company in a research report on Thursday, May 2nd. Rosenblatt Securities restated a neutral rating and set a $105.00 price objective on shares of Qorvo in a research report on Wednesday, June 12th. Susquehanna lifted their price objective on Qorvo from $95.00 to $145.00 and gave the stock a neutral rating in a research report on Wednesday, July 17th. Needham & Company LLC restated a buy rating and set a $110.00 price objective on shares of Qorvo in a research report on Wednesday, June 12th. Finally, Mizuho cut their price objective on Qorvo from $115.00 to $105.00 and set a neutral rating for the company in a research report on Thursday, May 2nd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Qorvo has a consensus rating of Hold and an average price target of $114.41.

Read Our Latest Stock Report on QRVO

Qorvo Trading Down 2.5 %

Shares of NASDAQ QRVO traded down $3.01 during trading on Tuesday, hitting $119.46. 2,788,448 shares of the company traded hands, compared to its average volume of 1,347,418. Qorvo has a 1 year low of $80.62 and a 1 year high of $130.99. The company has a 50-day moving average price of $112.78 and a 200-day moving average price of $110.62. The firm has a market capitalization of $11.35 billion, a P/E ratio of -163.64, a P/E/G ratio of 1.18 and a beta of 1.46. The company has a quick ratio of 1.41, a current ratio of 1.99 and a debt-to-equity ratio of 0.44.

Qorvo (NASDAQ:QRVOGet Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The semiconductor company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.16. Qorvo had a negative net margin of 1.86% and a positive return on equity of 13.43%. The company had revenue of $886.70 million during the quarter, compared to analysts’ expectations of $851.95 million. During the same period in the previous year, the company earned $0.03 EPS. The business’s quarterly revenue was up 36.2% compared to the same quarter last year. On average, equities analysts predict that Qorvo will post 5.16 EPS for the current year.

Insider Activity

In related news, Director John R. Harding sold 941 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $97.36, for a total transaction of $91,615.76. Following the completion of the sale, the director now directly owns 6,950 shares of the company’s stock, valued at approximately $676,652. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, SVP Paul J. Fego sold 2,132 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $99.31, for a total transaction of $211,728.92. Following the completion of the sale, the senior vice president now directly owns 25,201 shares of the company’s stock, valued at approximately $2,502,711.31. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John R. Harding sold 941 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $97.36, for a total transaction of $91,615.76. Following the sale, the director now directly owns 6,950 shares of the company’s stock, valued at $676,652. The disclosure for this sale can be found here. Insiders sold 45,372 shares of company stock valued at $4,517,858 in the last ninety days. Company insiders own 0.46% of the company’s stock.

Qorvo Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Qorvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qorvo and related companies with MarketBeat.com's FREE daily email newsletter.