TD Cowen Cuts Qorvo (NASDAQ:QRVO) Price Target to $80.00

Qorvo (NASDAQ:QRVO) had its price target decreased by TD Cowen from $95.00 to $80.00 in a research report released on Wednesday, MarketBeat reports. TD Cowen currently has a hold rating on the semiconductor company’s stock.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Qorvo from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $92.00 to $105.00 in a research note on Tuesday, November 4th. Piper Sandler downgraded Qorvo from an “overweight” rating to a “hold” rating and set a $110.00 target price for the company. in a report on Wednesday, October 29th. Susquehanna lowered their price objective on shares of Qorvo from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, January 22nd. Weiss Ratings lowered Qorvo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Finally, Zacks Research lowered shares of Qorvo from a “hold” rating to a “strong sell” rating in a report on Monday, January 19th. Two analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Qorvo has a consensus rating of “Hold” and a consensus target price of $93.56.

Qorvo Price Performance

Qorvo stock opened at $78.11 on Wednesday. Qorvo has a 52 week low of $49.46 and a 52 week high of $106.30. The company has a quick ratio of 2.20, a current ratio of 3.67 and a debt-to-equity ratio of 0.42. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.46 and a beta of 1.36. The business has a 50-day simple moving average of $84.49 and a 200 day simple moving average of $87.56.

Qorvo (NASDAQ:QRVO) last posted its quarterly earnings data on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.24. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company had revenue of $993.00 million for the quarter, compared to analysts’ expectations of $984.10 million. During the same period in the prior year, the business earned $1.61 earnings per share. Qorvo’s revenue for the quarter was up 8.4% compared to the same quarter last year. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. On average, research analysts forecast that Qorvo will post 4.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC purchased a new stake in shares of Qorvo during the 3rd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Qorvo during the 2nd quarter valued at $25,000. Winnow Wealth LLC purchased a new position in shares of Qorvo in the third quarter valued at about $27,000. Stance Capital LLC purchased a new position in Qorvo in the 3rd quarter worth approximately $27,000. Finally, Salomon & Ludwin LLC purchased a new position in shares of Qorvo in the third quarter worth $34,000. Institutional investors own 88.57% of the company’s stock.

More Qorvo News

Here are the key news stories impacting Qorvo this week:

• Positive Sentiment: Seeking Alpha highlights a bullish view — rates QRVO a strong buy based on long-term growth, expected merger synergies, cost restructuring and management’s margin/EPS targets (FY’27 margin and EPS improvement). Qorvo: Business Transitions Can Be Tough (Seeking Alpha)
• Positive Sentiment: TipRanks summary of Qorvo’s earnings call notes profits rising as revenue resets and management prioritizing margins — this supports the view that near-term earnings quality is improving after the quarterly beat. Qorvo Earnings Call: Profits Rise as Revenue Resets (TipRanks)
• Neutral Sentiment: TipRanks reports Qorvo issued supplemental disclosures amid merger litigation — provides additional transparency but does not remove deal execution risk. Qorvo Issues Supplemental Disclosures Amid Merger Litigation (TipRanks)
• Neutral Sentiment: Seeking Alpha also notes Qorvo could offer value but warns that achieving stable, profitable growth remains a work in progress — a balanced reminder of execution risk vs. upside. Qorvo Should Offer Value… (Seeking Alpha)
• Negative Sentiment: Multiple sell?side firms cut expectations and price targets (Citigroup, TD Cowen, Stifel, Piper Sandler, Mizuho, Craig Hallum), increasing near-term downside pressure by signaling weaker demand or execution risk. Example: Stifel trimmed its PT to $85. Stifel Nicolaus Lowers Qorvo Price Target to $85.00
• Negative Sentiment: Piper Sandler lowered its price target to $90, signaling reduced optimism from the Street on near?term upside. Piper Sandler Lowers Qorvo Price Target to $90.00
• Negative Sentiment: Other recent analyst notes from Citigroup, TD Cowen, Mizuho and Craig Hallum also lower expectations, contributing to selling pressure as investors reprice growth and deal risk. Citigroup Issues Pessimistic Forecast for Qorvo
• Negative Sentiment: TipRanks flags new merger risk: the Qorvo–Skyworks deal faces high regulatory hurdles, break?up fee and execution risks that could create pronounced share?price volatility if the transaction is delayed or altered. Qorvo–Skyworks Merger Faces High Regulatory Hurdles (TipRanks)
• Negative Sentiment: Benzinga and other commentary argue Qorvo’s long?term outlook remains unconvincing absent clearer execution on margins and the merger, reinforcing cautious sentiment. Qorvo Stock: Long-Term Outlook Remains Unconvincing (Benzinga)

About Qorvo

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.