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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
19% more call options, than puts
Call options by funds: $92.7M | Put options by funds: $77.8M
9.68% more ownership
Funds ownership: 87.68% [Q3] → 97.37% (+9.68%) [Q4]
14% less funds holding
Funds holding: 564 [Q3] → 483 (-81) [Q4]
25% less capital invested
Capital invested by funds: $8.59B [Q3] → $6.47B (-$2.13B) [Q4]
35% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 211
48% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 145
100% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Loop Capital Gary Mobley 14% 1-year accuracy 3 / 21 met price target | 56%upside $90 | Hold Maintained | 29 Jan 2025 |
Stifel Ruben Roy 15% 1-year accuracy 4 / 26 met price target | 56%upside $90 | Hold Maintained | 29 Jan 2025 |
Citigroup Atif Malik 19% 1-year accuracy 11 / 59 met price target | 20%upside $69 | Sell Maintained | 29 Jan 2025 |
Needham Quinn Bolton 14% 1-year accuracy 21 / 145 met price target | 74%upside $100 | Buy Reiterated | 29 Jan 2025 |
Piper Sandler Harsh Kumar 11% 1-year accuracy 4 / 37 met price target | 91%upside $110 | Overweight Upgraded | 27 Jan 2025 |
Financial journalist opinion
Based on 5 articles about QRVO published over the past 30 days
