QRVO - Qorvo, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+2.40 (+3.78%)
As of 3:17PM EDT. Market open.
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Previous Close63.46
Bid65.73 x 800
Ask65.75 x 800
Day's Range64.61 - 66.29
52 Week Range54.74 - 86.50
Avg. Volume1,565,846
Market Cap7.982B
Beta (3Y Monthly)1.16
PE Ratio (TTM)62.72
EPS (TTM)1.05
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est73.26
Trade prices are not sourced from all markets
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  • Bear of the Day: Qorvo (QRVO)
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  • MarketWatch16 days ago

    Broadcom discloses new Apple deal, stock rises

    Broadcom Inc. disclosed Monday afternoon that it has landed a two-year deal with Apple Inc. to provide some components, sending shares higher in after-hours trading. In a filing with the Securities and Exchange Commission, Broadcom said that it had agreed to supply radio-frequency components for smartphones, tablets and smartwatches, and that Apple said it intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality. Broadcom shares added more than 2% in the extended trading session Monday, while shares of Qorvo Inc. \- an Apple supplier that specializes in radio-frequency components, dropped about half a percent.

  • Hedge Funds Have Never Been This Bullish On Qorvo Inc (QRVO)
    Insider Monkey19 days ago

    Hedge Funds Have Never Been This Bullish On Qorvo Inc (QRVO)

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  • North Carolina firm to lay off 142 in Apopka
    American City Business Journals19 days ago

    North Carolina firm to lay off 142 in Apopka

    A Greensboro, North Carolina-based tech manufacturing firm plans to lay off 142 employees at its Apopka location this year. Qorvo Inc.(Nasdaq: QRVO) will make the job cuts because it's eliminating its manufacturing operations by Dec. 1 at 1818 S. Orange Blossom Trail for “business reasons,” according to a June 3 Worker Adjustment and Retraining Notification letter it sent to the state. Representatives from Qorvo couldn't be reached for comment.

  • Why Is Qorvo (QRVO) Down 16.7% Since Last Earnings Report?
    Zacks20 days ago

    Why Is Qorvo (QRVO) Down 16.7% Since Last Earnings Report?

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  • Barrons.com22 days ago

    3 Chip Stocks to Bet on 5G Right Now, According to an Analyst

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  • Should We Be Cautious About Qorvo, Inc.'s (NASDAQ:QRVO) ROE Of 3.1%?
    Simply Wall St.22 days ago

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  • GlobeNewswire22 days ago

    Qorvo® Amplifiers Selected by Syrlinks for Space Applications

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  • Keysight's Solutions to Aid Qorvo's FEMs in Production Test
    Zacks23 days ago

    Keysight's Solutions to Aid Qorvo's FEMs in Production Test

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  • Huawei's 'fake demand' distorted global semiconductor growth
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    Last week, the U.S. Commerce Department added Huawei Technologies to its Entity List, saying, “The U.S. government has determined that there is reasonable cause to believe that Huawei has been involved in activities contrary to the national security or foreign policy interests of the United States.” This in effect bars the Chinese telecom equipment maker from doing business with U.S. companies, although the trade restriction was given a 90-day reprieve a few days later.

  • Reuterslast month

    Factbox: Global tech companies shun Huawei after U.S. ban

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  • Trump’s Trade War Hits U.S. Tech Companies from California to North Carolina
    SmarterAnalystlast month

    Trump’s Trade War Hits U.S. Tech Companies from California to North Carolina

    President Trump declared a national emergency last week -- and if you think that had something to do with global warming, terrorism, or even immigration policy, you may not have been paying close enough attention.No, this one has to do with competition in the tech sector, and specifically, competition from Huawei to lead the development of new 5G wireless technology around the world. Supported by generous state subsidies, and probably not a little state-sponsored espionage, Huawei has made great strides in developing the tech need to build a 5G infrastructure in China, in Europe, in Africa, and potentially, in the United States itself. However, as a company presumed to be under the influence of China's state security apparatus, the Trump Administration views Huawei as a clear and present danger -- if not necessarily to national security, then certainly to the peace of mind of U.S. tech firms that must compete with it.Thus, to stymie Huawei's growing influence, last week the President empowered the U.S. Secretary of Commerce to effectively "blacklist" Huawei and prevent U.S. companies from doing business with the Chinese tech giant. This order cuts off Huawei from access to microchips and other tech components essential to the manufacture of much of its 5G equipment -- everything from handsets to base stations.It also, however, prevents many U.S. companies from making sales to Huawei. And in so doing, it's hitting the business of U.S. tech giants from California -- Qualcomm (QCOM) and Broadcom (AVGO) to North Carolina -- Qorvo (QRVO) and Cree (CREE) to Massachusetts where Skyworks (SWKS) resides. Qorvo in particular looks at risk, with analysts estimating the company derives as much as 15% of its revenue from sales to Huawei (versus, for example, Broadcom, which does "de minimis" business with the Chinese company).Conversely, the Trump Administration blacklist effectively cripples Huawei's business, which depends on electronic components such as radio frequency modules, antenna tuners and other components, supplied by these American tech firms and essential to Huawei's manufacture of its 4G handsets today. Without them, the company may not live to invent the 5G tech of tomorrow. Even if the company does survive, though, Huawei's 5G tech is believed to depend on such U.S.-supplied components as "GaN power transistors" needed to build RF power amplifiers, and "silicon carbide (SiC) wafers" on which those transistors are housed, as explained in a note this week from Charter Equity Research analyst Edward Snyder.For the time being, Huawei is drawing down stockpiles of such essential components, amassed in anticipation of a ban on trade with the company. Once these supplies run out, however, Snyder warns that the company could be in something of a bind.Snyder identifies Japan's Murata Manufacturing as one potential alternative supplier of "diversity receive" (DRX) radio frequency modules -- albeit a distant second to main supplier Skyworks -- and Japan's TDK is a potential source of filters. Then again, China isn't exactly on the best of terms with Japan right now, either. (The two countries are continually feuding over ownership of certain islands in the East China Sea). Further complicating matters, TDK has a joint venture with Qualcomm, and therefore may find itself subject to the same ban restricting Qualcomm's selling to Huawei.By and large, therefore, it's Snyder's assessment that "there are no other suppliers, Chinese or otherwise, capable of filling the void left by the ban on U.S. components," and this blacklisting is likely to "devastate Huawei's phone business," at least in the 4G realm, while its development of 5G tech will "slow considerably." Conversely, in the analyst's opinion, the Trump Administration's ban on sales to Huawei is likely to accrue to the benefit of rivals like Korea's Samsung, and to Oppo, Vivo, and Xiaomi in China.At least, until the Trump Administration decides to blacklist those companies, as well.Read more: * A Look at Qualcomm (QCOM)-FTC Outcome and Its Impact on Apple (AAPL) * Will Qualcomm (QCOM) Stock Price Get Back to $60-65? * Qualcomm (QCOM) Stock Is a Buy Despite Huawei Saga, Says Analyst More recent articles from Smarter Analyst: * Tesla (TSLA) Scrambles to Restore Faith; Wedbush Remains Cautions on the Stock * Micron (MU) Stock Has a New Bull * Has Roku Stock Price Hit Its Peak? * Will Qualcomm (QCOM) Stock Win Again? Canaccord Remains Bullish

  • TheStreet.comlast month

    Chip Maker Qorvo Has a Set of Bearish Charts - Stand Aside for Now

    In this daily bar chart of QRVO, below, we can see that it took prices four months to rally from near $54 to the $79 area but it took less than a month for prices to retrace most of that rise. QRVO is below the declining 50-day moving average line and the bearish 200-day average line. The daily On-Balance-Volume (OBV) line has broken its four month rise and tells us that sellers of QRVO are being more aggressive.