Qorvo (QRVO) Projected to Announce Quarterly Earnings on Tuesday

Qorvo (NASDAQ:QRVO) is expected to announce its Q2 2027 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $2.04 per share and revenue of $919.04 million for the quarter. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. Parties may visit the company’s upcoming Q2 2027 earnings report page for the latest details on the call scheduled for Monday, November 2, 2026 at 4:30 PM ET.

Qorvo (NASDAQ:QRVO) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.53. The business had revenue of $784.79 million during the quarter, compared to the consensus estimate of $743.28 million. Qorvo had a return on equity of 17.23% and a net margin of 10.95%. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 EPS. On average, analysts expect Qorvo to post $6.42 EPS for the current fiscal year and $6.67 EPS for the next fiscal year.

Qorvo Stock Performance

Shares of QRVO opened at $114.17 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 2.68 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $10.07 billion, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 1.98 and a beta of 1.42. The stock’s fifty day simple moving average is $107.59 and its 200 day simple moving average is $96.97. Qorvo has a twelve month low of $74.92 and a twelve month high of $121.09.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. UBS Group boosted their price target on Qorvo from $91.00 to $96.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Citigroup cut their price objective on Qorvo from $100.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. TD Cowen reaffirmed a “hold” rating on shares of Qorvo in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qorvo in a report on Friday, July 24th. Finally, Wall Street Zen raised shares of Qorvo from a “hold” rating to a “buy” rating in a research report on Sunday, August 2nd. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.00.

Insider Activity

In related news, CFO Grant Brown sold 5,179 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.50, for a total transaction of $504,952.50. Following the completion of the sale, the chief financial officer directly owned 49,268 shares of the company’s stock, valued at approximately $4,803,630. This represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Frank Stewart sold 8,279 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $94.72, for a total value of $784,186.88. Following the completion of the sale, the senior vice president owned 43,069 shares of the company’s stock, valued at approximately $4,079,495.68. This represents a 16.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 62,309 shares of company stock worth $6,304,642 in the last quarter. Insiders own 0.49% of the company’s stock.

Qorvo Company Profile

Qorvo, Inc is a semiconductor company that develops radio-frequency (RF) and power-management solutions for wireless connectivity and other electronic systems. Its products include RF amplifiers, filters, switches, integrated modules, power amplifiers, and related components used to transmit, receive, and manage radio signals.

The company serves a range of markets, including smartphones and other mobile devices, wireless infrastructure, Wi-Fi and broadband equipment, automotive systems, Internet of Things devices, aerospace and defense applications, and industrial electronics.