QorvoQRVO
About: Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Employees: 8,700
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
57% more call options, than puts
Call options by funds: $93.7M | Put options by funds: $59.7M
12% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 76
1% more funds holding
Funds holding: 557 [Q2] → 562 (+5) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 196
5.68% less ownership
Funds ownership: 92.65% [Q2] → 86.97% (-5.68%) [Q3]
16% less capital invested
Capital invested by funds: $10.3B [Q2] → $8.68B (-$1.6B) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Barclays Tom O'Malley 40% 1-year accuracy 18 / 45 met price target | 5%downside $80 | Equal-Weight Maintained | 17 Jan 2025 |
Goldman Sachs Toshiya Hari 62% 1-year accuracy 69 / 112 met price target | 7%downside $78 | Neutral Maintained | 10 Jan 2025 |
Mizuho Vijay Rakesh 50% 1-year accuracy 38 / 76 met price target | 5%downside $80 | Neutral Maintained | 7 Jan 2025 |
Loop Capital Gary Mobley 55% 1-year accuracy 12 / 22 met price target | 13%downside $73 | Hold Initiated | 11 Nov 2024 |
TD Cowen Matthew Ramsay 56% 1-year accuracy 9 / 16 met price target | 1%upside $85 | Hold Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 11 articles about QRVO published over the past 30 days
