Wealth Enhancement Advisory Services LLC Buys 6,857 Shares of Qorvo, Inc. $QRVO

Wealth Enhancement Advisory Services LLC grew its stake in Qorvo, Inc. (NASDAQ:QRVO) by 89.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,536 shares of the semiconductor company’s stock after buying an additional 6,857 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Qorvo were worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QRVO. Jones Financial Companies Lllp increased its position in Qorvo by 440.1% during the 1st quarter. Jones Financial Companies Lllp now owns 8,134 shares of the semiconductor company’s stock valued at $589,000 after purchasing an additional 6,628 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Qorvo by 61.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,901 shares of the semiconductor company’s stock valued at $926,000 after purchasing an additional 4,157 shares during the last quarter. HB Wealth Management LLC increased its position in shares of Qorvo by 6.9% during the second quarter. HB Wealth Management LLC now owns 2,955 shares of the semiconductor company’s stock worth $251,000 after buying an additional 190 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Qorvo by 4.5% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 140,158 shares of the semiconductor company’s stock worth $11,901,000 after buying an additional 5,989 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Qorvo in the second quarter valued at $43,000. 88.57% of the stock is owned by institutional investors and hedge funds.

Qorvo Price Performance

Shares of QRVO opened at $78.11 on Monday. The stock has a market cap of $7.24 billion, a P/E ratio of 21.52, a P/E/G ratio of 1.36 and a beta of 1.37. The business’s fifty day moving average is $84.49 and its 200 day moving average is $87.56. The company has a quick ratio of 2.89, a current ratio of 3.67 and a debt-to-equity ratio of 0.42. Qorvo, Inc. has a 12-month low of $49.46 and a 12-month high of $106.30.

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

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)

Analyst Ratings Changes

QRVO has been the subject of several research analyst reports. Cfra reissued a “hold” rating and issued a $122.00 price objective on shares of Qorvo in a research report on Tuesday, October 28th. Craig Hallum decreased their target price on Qorvo from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Susquehanna dropped their price target on Qorvo from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, January 22nd. Mizuho cut their price target on Qorvo from $85.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Finally, Argus raised shares of Qorvo to a “hold” rating in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $93.56.

Qorvo Company Profile

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.