QRVO - Qorvo, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
77.36
+0.56 (+0.73%)
At close: 4:00PM EDT
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Previous Close76.80
Open77.50
Bid0.00 x 800
Ask0.00 x 1100
Day's Range77.11 - 78.40
52 Week Range54.74 - 78.98
Volume1,662,613
Avg. Volume1,218,262
Market Cap9.112B
Beta (3Y Monthly)1.12
PE Ratio (TTM)47.81
EPS (TTM)1.62
Earnings DateOct 29, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est78.95
Trade prices are not sourced from all markets
  • GuruFocus.com

    Wall Street Gains on Thursday

    Delta Air Lines falls on revenue miss Continue reading...

  • Skyworks, PSTG, and QRVO Gain Due to Analyst Upgrades
    Market Realist

    Skyworks, PSTG, and QRVO Gain Due to Analyst Upgrades

    Pure Storage (PSTG), Skyworks Solutions, and Qorvo (QRVO) shares rose in early market trading today. So far, Skyworks has returned 4.6%, respectively.

  • Barrons.com

    2 Chip Stocks to Buy to Play Next Year’s 5G iPhone, Analyst Says

    Skyworks Solutions and Qorvo stock will rise because of the chip stocks’ exposure to 2020’s 5G-enabled Apple iPhones, according to Cowen. The firm raised its ratings to Outperform from Market Perform for both chip companies.

  • Dow Jones Today: Stocks Rally As Trump Tweets On China Trade Talks; Qorvo, Skyworks, Apple Stock Jump On Upgrades
    Investor's Business Daily

    Dow Jones Today: Stocks Rally As Trump Tweets On China Trade Talks; Qorvo, Skyworks, Apple Stock Jump On Upgrades

    Chipmakers Qorvo and Skyworks jumped early Thursday, and Apple bolstered the Dow, with stocks holding tight gains as China trade talks resume.

  • MarketWatch

    Apple suppliers Qorvo, Skyworks get upgraded at Cowen

    Shares of Qorvo Inc. and Skyworks Solutions Inc. are rising in premarket trading Thursday after Cowen & Co. analyst Karl Ackerman upgraded the stocks to outperform from market perform. "In our minds, C2020 is shaping up to be synonymous with C2017 for the Apple [radio-frequency] supply chain - a period when both Qorvo and Skyworks re-rated higher," Ackerman wrote. He said that most investors have significantly discounted Huawei Technologies Co. Ltd. revenue to the point where a resolution in the trade dispute now represents an "upside lever." Ackerman raised his price target on Qorvo shares to $90 from $75 and upped his Skyworks target to $95 from $80. Qorvo shares have gained 5.7% over the past three months, while Skyworks shares have risen 1%. The S&P 500 is down 2.5% in that time.

  • TheStreet.com

    Skyworks, Qorvo Shares Climb as Cowen Chips in Upgrade to Outperform

    Upside potential for the chipmakers stems partly from the potential of 5G telecom technology, analyst Karl Ackerman suggests.

  • Triad tech company acquires Silicon Valley firm
    American City Business Journals

    Triad tech company acquires Silicon Valley firm

    The San Jose, California-based Cavendish Kinetics team will continue to advance RF MEMS technology for applications across Qorvo's product lines and transition the technology into high-volume manufacturing for mobile devices and other markets.

  • Keysight Helps PCTEST to Validate 5G Design & Test Solutions
    Zacks

    Keysight Helps PCTEST to Validate 5G Design & Test Solutions

    Keysight's (KEYS) sustained focus on launching solutions for growth markets like 5G, IoT and high-speed datacenters augurs well for the top line.

  • GlobeNewswire

    Qorvo® Acquires Cavendish Kinetics, Inc.

    Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has acquired Cavendish Kinetics, Inc., the world’s leading provider of high-performance RF MEMS technology for antenna tuning applications.  The Cavendish Kinetics (CK) team will continue to advance RF MEMS technology for applications across Qorvo’s product lines and transition the technology into high-volume manufacturing for mobile devices and other markets. Eric Creviston, president of Qorvo Mobile Products said, “The addition of Cavendish Kinetics allows us to build on Qorvo’s market leadership in antenna tuning.

  • Qorvo Concludes Senior Notes Offering Worth $350 Million
    Zacks

    Qorvo Concludes Senior Notes Offering Worth $350 Million

    Qorvo (QRVO) is benefiting from robust adoption of its wireless connectivity and base station solutions.

  • 5 Stocks to Ride the 5G Boom in America
    Zacks

    5 Stocks to Ride the 5G Boom in America

    As 5G steps foot on American soil, investors can gear up and invest in telecommunication providers and smartphone makers to brighten their portfolio.

  • GlobeNewswire

    Qorvo Announces Closing of $350 Million Senior Notes Offering

    Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced the completion of its offering of $350 million principal amount of its senior notes maturing in 2029 (the “Notes”). The Notes were issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo expects to use the net proceeds of the offering for general corporate purposes.

  • Huawei Skips US Parts in 5G Base Stations: Chip ETFs at Risk?
    Zacks

    Huawei Skips US Parts in 5G Base Stations: Chip ETFs at Risk?

    Huawei begins production of 5G base stations without U.S. components. We highlight the chip ETFs which may suffer.

  • Barrons.com

    Chip Makers May Lose Huawei Business Even After Ban Ends, Says Analyst

    Susquehanna Financial Group says the Chinese tech company has found alternatives to most U.S.-made radio-frequency semiconductors.

  • Qorvo (QRVO) Prices Offering of $350M Senior Notes Due 2029
    Zacks

    Qorvo (QRVO) Prices Offering of $350M Senior Notes Due 2029

    Qorvo (QRVO) is benefiting from robust adoption of its wireless connectivity and base station solutions. We believe that the senior notes offering will strengthen the company's balance sheet and growth initiatives.

  • GlobeNewswire

    Qorvo Announces Pricing Of $350 Million Senior Notes Offering

    Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced the pricing of its offering of $350 million principal amount of its senior notes maturing in 2029 (the “Notes”). Qorvo expects to close the sale of the Notes on or about September 30, 2019, subject to satisfaction of customary closing conditions. The Notes will be issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

  • Moody's

    Qorvo, Inc. -- Moody's rates Qorvo's incremental senior notes at Ba1

    Moody's Investors Service ("Moody's") rated Qorvo, Inc.'s ("Qorvo") incremental Senior Unsecured Notes due 2029 ("Incremental Senior Notes") at Ba1. Qorvo's Ba1 Corporate Family Rating ("CFR"), the Ba1 rating on its existing senior unsecured notes, SGL-2 Speculative Grade Liquidity rating ("SGL"), and the stable outlook are unchanged. Proforma for the Incremental Senior Notes, Moody's expects that debt to EBITDA (Moody's adjusted) will increase to no more than 1.5x from 1.2x (latest twelve months ended June 29, 2019, Moody's adjusted).

  • GlobeNewswire

    Qorvo Announces Proposed $300 Million Senior Notes Offering

    Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it proposes to offer, subject to market conditions and other factors, $300 million principal amount of senior notes due 2029 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo expects to use the net proceeds of the offering for general corporate purposes.  The Notes will be senior unsecured obligations of Qorvo and will be initially guaranteed, jointly and severally, by each of Qorvo’s existing and future direct and indirect wholly-owned U.S. subsidiaries that guarantee Qorvo’s obligations under its existing credit facility.

  • Cree Intends to Build New SiC Wafer Power Plant in New York
    Zacks

    Cree Intends to Build New SiC Wafer Power Plant in New York

    Cree's (CREE) robust product portfolio, cross licensing agreements, and power and RF GaN-on-SiC power solutions are key catalysts.

  • Should Qorvo (NASDAQ:QRVO) Be Disappointed With Their 62% Profit?
    Simply Wall St.

    Should Qorvo (NASDAQ:QRVO) Be Disappointed With Their 62% Profit?

    When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...

  • GlobeNewswire

    Qorvo® GaN Technology to Upgrade U.S. Army Radar System

    Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that one of its gallium nitride (GaN) power amplifiers has been selected by Lockheed Martin to provide GaN modules for production of the U.S. Army’s Q-53 radar system. The insertion of GaN technology into this multi-mission mobile radar will provide superior efficiency, power density, reliability and lifecycle cost over the gallium arsenide (GaAs) amplifiers currently used in the system.

  • Qorvo's New FEM Module to Enhance Efficiency of IoT Devices
    Zacks

    Qorvo's New FEM Module to Enhance Efficiency of IoT Devices

    Qorvo's (QRVO) Expanding portfolio of 5G and GaN solutions hold promise. Further, robust growth in its wireless connectivity as well as in base station solutions is a positive.

  • 4 Tech Stocks Poised to Gain as 5G Deployment Speeds Up
    Zacks

    4 Tech Stocks Poised to Gain as 5G Deployment Speeds Up

    We highlight four technology stocks well poised to benefit as 5G is all set to usher in a new technological revolution.

  • Bloomberg

    Qualcomm Spends $1.15 Billion to Buy Joint Venture From TDK

    (Bloomberg) -- Qualcomm Inc. paid $1.15 billion to buy the rest of a partnership it had with Japan’s TDK Corp. The deal will help Qualcomm sell more chips for smartphones supporting the latest 5G wireless standard, the U.S. company said.The two firms set up their RF360 Holdings partnership in 2016 to design radio frequency components. Qualcomm contributed cash and TDK spun off its design and manufacturing assets into the endeavor, which was 51% owned by the San Diego-based company.Radio frequency components help convert radio waves into signals that semiconductors can turn into data. They are a crucial part of smartphones, and an important ingredient in a soup of chips and software that Qualcomm is concocting for makers of new 5G handsets.Qualcomm is already the biggest maker of modems for phones and also provides many of the processors that run software in handsets. It’s trying to combine all these elements into a single offering for smartphone makers. Taking control of the RF joint venture will make the company a bigger competitor to Skyworks Solutions Inc., Qorvo Inc., Broadcom Inc. and other industry players.Increasing mobile data speeds partly come from combining more bands of radio frequency. Modern smartphones access more than 50 bands, up from three in early data-capable phones more than a decade ago. That requires more complex RF components.To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    Qorvo® Launches World’s First Dual-band Wi-Fi 6 Front-end Module

    Breakthrough FEM powers Wi-Fi 6 for increased speed and extended coverage GREENSBORO, N.C., Sept. 13, 2019 -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF.