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QRVO / Qorvo stock drops nearly 10% as analysts expect inventory correction to continue

Qorvo stock drops nearly 10% as analysts expect inventory correction to continue
Qorvo Inc. shares fell Thursday while the broader market rallied after analysts said inventory digestion will likely hamper the radiofrequency chip maker until the second half of the year. Read More
Posted: Feb 2 2023, 12:36
Author Name: Market Watch
Views: 111583

QRVO News  

Qorvo (QRVO) Q2 Earnings Beat Estimates Despite Lower Revenues

By Zacks Investment Research
November 2, 2023

Qorvo (QRVO) Q2 Earnings Beat Estimates Despite Lower Revenues

Qorvo's (QRVO) top line suffers from year-over-year sales drop in several business verticals. However, strength in various end markets such as defense more_horizontal

Qorvo (QRVO) Surpasses Q2 Earnings and Revenue Estimates

By Zacks Investment Research
November 1, 2023

Qorvo (QRVO) Surpasses Q2 Earnings and Revenue Estimates

Qorvo (QRVO) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings o more_horizontal

Will Top-Line Contraction Impact Qorvo's (QRVO) Q2 Earnings?

By Zacks Investment Research
October 30, 2023

Will Top-Line Contraction Impact Qorvo's (QRVO) Q2 Earnings?

Qorvo (QRVO) is expected to record a top-line contraction year over year in the second quarter of fiscal 2023 due to soft demand in some end markets a more_horizontal

3 Semiconductor Stocks Likely to Beat Q3 Earnings Estimates

By Zacks Investment Research
October 30, 2023

3 Semiconductor Stocks Likely to Beat Q3 Earnings Estimates

SIMO, QRVO and SYNA are poised to benefit from higher demand for scalable infrastructure for seamless connectivity amid a wide proliferation of IoT an more_horizontal

Why Qorvo (QRVO) Could Beat Earnings Estimates Again

By Zacks Investment Research
October 16, 2023

Why Qorvo (QRVO) Could Beat Earnings Estimates Again

Qorvo (QRVO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in more_horizontal

2 Radio Frequency Stocks to Watch in a Challenging Industry

By Zacks Investment Research
October 13, 2023

2 Radio Frequency Stocks to Watch in a Challenging Industry

The accelerated deployment of 5G is enhancing the prospects of the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS) and Qo more_horizontal

What Makes Qorvo (QRVO) a New Buy Stock

By Zacks Investment Research
October 3, 2023

What Makes Qorvo (QRVO) a New Buy Stock

Qorvo (QRVO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stoc more_horizontal

Qorvo: Downgrading To Hold On Sluggish Near-Term Smartphone End-Market Demand

By Seeking Alpha
August 15, 2023

Qorvo: Downgrading To Hold On Sluggish Near-Term Smartphone End-Market Demand

We're downgrading Qorvo, Inc. to a hold. The stock is up roughly 9% since our upgrade to buy, outperforming the S&P 500 by 1%, driven by the better-th more_horizontal


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