Qorvo, Inc. (NASDAQ:QRVO) Sees Large Growth in Short Interest

Qorvo, Inc. (NASDAQ:QRVO) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 3,372,416 shares, a growth of 50.6% from the December 31st total of 2,239,702 shares. Based on an average daily volume of 1,134,815 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.7% of the company’s stock are sold short. Currently, 3.7% of the company’s stock are sold short. Based on an average daily volume of 1,134,815 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Trading of Qorvo

Several hedge funds and other institutional investors have recently bought and sold shares of QRVO. Jones Financial Companies Lllp increased its position in shares of Qorvo by 440.1% in the first quarter. Jones Financial Companies Lllp now owns 8,134 shares of the semiconductor company’s stock worth $589,000 after acquiring an additional 6,628 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Qorvo by 1.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,679 shares of the semiconductor company’s stock worth $682,000 after acquiring an additional 118 shares during the period. Signaturefd LLC increased its stake in Qorvo by 134.6% in the second quarter. Signaturefd LLC now owns 1,553 shares of the semiconductor company’s stock valued at $132,000 after acquiring an additional 891 shares during the period. Janney Montgomery Scott LLC grew its stake in Qorvo by 61.6% during the second quarter. Janney Montgomery Scott LLC now owns 10,901 shares of the semiconductor company’s stock worth $926,000 after buying an additional 4,157 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Qorvo by 6.9% during the 2nd quarter. HB Wealth Management LLC now owns 2,955 shares of the semiconductor company’s stock worth $251,000 after buying an additional 190 shares in the last quarter. 88.57% of the stock is owned by institutional investors.

More Qorvo News

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Seeking Alpha highlights a bullish view — rates QRVO a strong buy based on long-term growth, expected merger synergies, cost restructuring and management’s margin/EPS targets (FY’27 margin and EPS improvement). Qorvo: Business Transitions Can Be Tough (Seeking Alpha)
• Positive Sentiment: TipRanks summary of Qorvo’s earnings call notes profits rising as revenue resets and management prioritizing margins — this supports the view that near-term earnings quality is improving after the quarterly beat. Qorvo Earnings Call: Profits Rise as Revenue Resets (TipRanks)
• Neutral Sentiment: TipRanks reports Qorvo issued supplemental disclosures amid merger litigation — provides additional transparency but does not remove deal execution risk. Qorvo Issues Supplemental Disclosures Amid Merger Litigation (TipRanks)
• Neutral Sentiment: Seeking Alpha also notes Qorvo could offer value but warns that achieving stable, profitable growth remains a work in progress — a balanced reminder of execution risk vs. upside. Qorvo Should Offer Value… (Seeking Alpha)
• Negative Sentiment: Multiple sell‑side firms cut expectations and price targets (Citigroup, TD Cowen, Stifel, Piper Sandler, Mizuho, Craig Hallum), increasing near-term downside pressure by signaling weaker demand or execution risk. Example: Stifel trimmed its PT to $85. Stifel Nicolaus Lowers Qorvo Price Target to $85.00
• Negative Sentiment: Piper Sandler lowered its price target to $90, signaling reduced optimism from the Street on near‑term upside. Piper Sandler Lowers Qorvo Price Target to $90.00
• Negative Sentiment: Other recent analyst notes from Citigroup, TD Cowen, Mizuho and Craig Hallum also lower expectations, contributing to selling pressure as investors reprice growth and deal risk. Citigroup Issues Pessimistic Forecast for Qorvo
• Negative Sentiment: TipRanks flags new merger risk: the Qorvo–Skyworks deal faces high regulatory hurdles, break‑up fee and execution risks that could create pronounced share‑price volatility if the transaction is delayed or altered. Qorvo–Skyworks Merger Faces High Regulatory Hurdles (TipRanks)
• Negative Sentiment: Benzinga and other commentary argue Qorvo’s long‑term outlook remains unconvincing absent clearer execution on margins and the merger, reinforcing cautious sentiment. Qorvo Stock: Long-Term Outlook Remains Unconvincing (Benzinga)

Qorvo Price Performance

Shares of NASDAQ QRVO remained flat at $78.11 on Friday. 1,803,602 shares of the company’s stock traded hands, compared to its average volume of 1,401,934. The company has a 50-day simple moving average of $84.49 and a 200 day simple moving average of $87.56. The stock has a market cap of $7.24 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.46 and a beta of 1.36. Qorvo has a 12 month low of $49.46 and a 12 month high of $106.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.67 and a quick ratio of 2.20.

Qorvo (NASDAQ:QRVO) last announced its quarterly earnings data on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.24. The business had revenue of $993.00 million for the quarter, compared to analyst estimates of $984.10 million. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company’s revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.61 EPS. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. Sell-side analysts expect that Qorvo will post 4.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Mizuho lowered their price objective on Qorvo from $85.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday. TD Cowen dropped their price target on shares of Qorvo from $95.00 to $80.00 and set a “hold” rating on the stock in a research note on Wednesday. Piper Sandler restated a “neutral” rating on shares of Qorvo in a research report on Wednesday. Morgan Stanley set a $84.00 target price on shares of Qorvo in a report on Wednesday. Finally, Cfra reaffirmed a “hold” rating and issued a $122.00 target price on shares of Qorvo in a research report on Tuesday, October 28th. Two investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Qorvo has an average rating of “Hold” and an average price target of $93.56.

About Qorvo

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.