Qorvo Inc. stock gains as Skyworks merger momentum lifts valuation

Published on 09/14/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qorvo Inc. stock closed at USD 116.65 on September 11, 2026 on Nasdaq, near its 52-week high after a 38 percent year-to-date rise. The planned USD 22 billion merger with Skyworks Solutions and expected synergies are increasingly reflected in the valuation.

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Qorvo Inc. stock (ISIN US74736K1016) closed at USD 116.65 on Nasdaq on September 11, 2026, up 3.82 percent from the prior day and near its 52-week high, underscoring how investors are pricing in the planned merger with Skyworks Solutions Inc. and the expected synergies.

Merger with Skyworks drives sentiment

As semiconductor peer Skyworks Solutions pursues an approximately USD 22 billion merger with Qorvo Inc., recent comments from Skyworks Chief Executive Phil Brace have strengthened confidence that the deal will close by year-end 2026, with regulatory approvals and integration preparations described as progressing smoothly according to MarketBeat on September 14, 2026.

Qorvo shares recently traded at a price that corresponds to 25.7 times trailing earnings, while revenue over the last twelve months edged down 0.2 percent and the operating margin stood at 15.4 percent, as highlighted in a mid-cap valuation overview from Trefis dated September 14, 2026.

Stock near 52-week high and year-to-date performance

In the latest price snapshot, Qorvo Inc. stock opened at USD 116.65 and carried a market capitalization of about USD 10.29 billion, with a 52-week trading range between USD 74.92 and USD 120.52 according to data cited by MarketBeat on September 14, 2026.

Based on a separate overview of Qorvo trading on Nasdaq, the stock was at USD 84.51 at the beginning of 2026 and has since risen by about 38.0 percent to USD 116.65, underlining how the share price has significantly outperformed broader indices over the year to date, as noted by MarketBeat with data as of September 11, 2026.

Institutional interest and valuation context

Institutional investors have been building sizable positions in Qorvo ahead of the planned transaction. According to a filing summary, California State Teachers Retirement System increased its stake sharply in the second quarter of 2026, acquiring an additional 9,106,821 Qorvo shares and bringing its total holding to 9,208,361 shares, helping lift institutional ownership to 88.57 percent of the free float, as reported by MarketBeat on September 14, 2026.

The company is now valued at 25.7 times trailing earnings, a level that reflects both the expected cost and revenue synergies from the merger and a solid operating margin of 15.4 percent despite a slight 0.2 percent decrease in revenue over the past twelve months, according to the mid-cap valuation review by Trefis dated September 14, 2026.

Current analyst views mirror that the share is fairly valued against its fundamentals and merger expectations: based on aggregated data, Qorvo holds an average rating of Hold and a consensus price target of around USD 94.00, which is notably below the latest share price and therefore implies downside against current trading levels, as summarized by MarketBeat on September 14, 2026.

Stock price check and investor takeaway

Qorvo Inc. stock most recently closed at USD 116.65 on Nasdaq on September 11, 2026, which places the share just below its 52-week high of USD 120.52 and well above the 52-week low of USD 74.92, giving investors a clear picture of how strongly the stock has recovered ahead of the expected Skyworks merger.