|Bid||77.04 x 100|
|Ask||79.99 x 100|
|Day's Range||77.29 - 78.82|
|52 Week Range||62.68 - 85.24|
|PE Ratio (TTM)||349.82|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||82.19|
Supply-chain rumors indicate that Apple could kill the device, but that seems quite unlikely given its effect on average selling prices of iPhones.
NEW YORK, Feb. 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ResMed ...
Stock Monitor: Inphi Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 16, 2018 / Active-Investors.com has just released a free earnings report on Qorvo, Inc. (NASDAQ: QRVO ). If you want access ...
Short interest is moderate for QRVO with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $5.06 billion over the last one-month into ETFs that hold QRVO are among the lowest of the last year and appear to be slowing.
"Halftime Report" traders Jim Lebenthal and Sarat Sethi are taking advantage of the dip to re-balance their portfolios and put money to work. Here's what they're buying.
Skyworks' March-quarter revenue forecast of $910 million at the mid-point and a profit outlook of $1.60 per share on that basis missed Wall Street estimates of revenue of $921 million and profit of $1.61 per share, per Thomson Reuters I/B/E/S. "While the Apple weakness is impacting everyone in the supply chain, Skyworks is experiencing less of a downturn than most as it expands its broad markets business and captures content in other handset providers," Northland Capital Markets analyst Tom Sepenzis said in a client note.
Greensboro-based semiconductor company Qorvo Inc. (QRVO) saw its stock price jump after it reported better-than-expected revenue, according to a filing with the Securities and Exchange Commission. The company reported third quarter revenue of $845.7 million and diluted earnings per share of $1.69 compared to Wall Street analyst estimates of $840.9 million and earnings per share of $1.60. Qorvo reported a loss of $33.1 million in net income for the third quarter, compared to a positive net income of $35.9 million this quarter last year.
Qualcomm has been a supplier of components to Apple for years but the relationship turned sour last year when Apple accused Qualcomm of overcharging for chips and refusing to pay some $1 billion in promised rebates. In a detailed note citing extensive channel checks with chip suppliers, brokerage Nomura Instinet said it anticipated that Apple would drop Qualcomm in favour of a handful of other suppliers, as it seeks to reduce materials costs for iPhones.
While the market for RF chips is expanding with the upgrade to 5G telecom networks from 3G/4G, iPhones account for more than a third of the market demand and a swing in Apple's fortunes impacts RF chip makers more, analyst Joseph Moore said. "A miss in iPhone units shipments and big upticks in channel inventory points to additional supply chain cuts for the June quarter," Moore wrote in a research note.
Instinet’s Romit Shah this morning writes that Apple’s (AAPL) report last week of sales of 77.3 million iPhones in the December quarter was “decently below the Apple’s original expectations,” and so as a result, the company’s going to choose cheaper parts for some or all of the new models it puts out this year. Broadcom has been pursuing a hostile bid for Qualcomm since November, and this morning raised its bid for the latter. Shah reiterates the same basic rumors about this year’s new iPhones, suggesting there’ll be one that uses a conventional LCD screen, measuring 6.1 inches on the diagonal, with a “near bezel-less” screen and costing just $700 to $900, versus the $1,00 iPhone.
NEW YORK, NY / ACCESSWIRE / February 2, 2018 / There was no news to explain Skyworks Solutions shares seeing the push they had yesterday but the chipmaker is scheduled to report its first quarter earnings ...
In case you missed it, here are some of Benzinga's top stories from Thursday, Feb. 1, 2018. Nvidia Dinged By Sell Side Ahead Of Earnings After Advanced Micro Devices, Inc (NASDAQ: AMD ) and Intel Corporation ...
Stocks that moved substantially or traded heavily Thursday: eBay Inc., up $5.61 to $46.19 The e-commerce company gave a strong forecast for the current quarter. PayPal Holdings Inc., down $6.92 to $78.40 ...
Facebook and Microsoft were prime movers Thursday in a session that saw big gains and heavy losses across the market.
Chipmaker Qorvo saw its shares gap up on Thursday after disclosing a big contract win with major customer Apple.
Qorvo Inc (NASDAQ: QRVO ), a provider of high-performance RF solutions for advanced wireless devices, defense radar and communications, is on a run of design wins, with Apple Inc. (NASDAQ: AAPL ) likely ...
Qorvo Inc (NASDAQ: QRVO )'s fiscal third-quarter earnings may have disappointed some investors, but the company's announcement of a significant design win for its integrated power-amp-duplexer, or SuperPAD, ...
Here are some things going on today in your world of tech: Shares of Nvidia (NVDA) are down 30 cents at $245.50, after Goldman Sachs’s Toshiya Hari removed the stock from the “Conviction List,” given the stock has risen 134% since Hari added it to the list in December of 2016. Writes Hari, "While we continue to see meaningful upside to FY2019/2020 estimates and maintain our Buy rating, we believe a) the long-term secular growth angle in Datacenter is now better-understood, and b) near-term dynamics in Cryptocurrency demand may lead to increased earnings volatility." The roundup Earnings winners from yesterday afternoon are adding to gains, with Qorvo (QRVO) up $8.27, or 11.5%, at $80.04, eBay up $5.05, or 12.4%, at $45.63, AT&T (T) up $1.65, or 4.4%, at $39.10, and Microsoft (MSFT) up 27 cents, at $95.28.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange for the latest on the markets.