Qorvo stock falls 2.72 percent to USD 116.34
Published on 09/25/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Qorvo (ISIN US74736K1016) stock fell 2.72 percent to USD 116.34 on Nasdaq on September 24, 2026, placing the shares 3.92 percent below their 52-week high of USD 121.09. The latest quarterly figures give the market a contrasting signal: revenue declined year over year, while earnings exceeded consensus.
Quarterly revenue reaches USD 784.79 million
According to MarketBeat on July 28, 2026, Qorvo reported quarterly revenue of USD 784.79 million. The figure was 4.2 percent below the same quarter a year earlier, making handset-related demand an important counterweight to the companys broader semiconductor portfolio.
The earnings line was stronger. Qorvo reported quarterly EPS of USD 1.64 against a consensus estimate of USD 1.11, a USD 0.53 beat, according to MarketBeat. That result gives investors a clearer operating signal than revenue alone, although the same report listed a net margin of 10.95 percent.
Consensus remains below the share price
The valuation gap is visible in the analyst data. MarketBeat reported a consensus Hold rating and an average price target of USD 94.00 on September 24, 2026, below the USD 116.34 Nasdaq price used in this article.
Financhill listed a higher 12-month consensus target of USD 90.17 on September 25, 2026, based on 26 analysts, while also showing a Hold consensus. The differing target figures underline the range of assumptions surrounding Qorvos earnings outlook rather than providing a single uniform market view.
Nasdaq price stays near yearly high
Qorvo had a market capitalization of USD 10,263,700,944 as of September 24, 2026, with volume of 950,338 shares. The 52-week range was USD 74.92 to USD 121.09, so the latest price remained USD 4.75 below the upper boundary while staying USD 41.42 above the lower boundary.
For investors, the central comparison is therefore straightforward: the latest quarter delivered a USD 0.53 EPS beat, but the stock traded above the average analyst target reported by MarketBeat. The price reaction and the next earnings update will determine whether earnings execution can support that gap.
Qorvo stock key data
- Company: Qorvo, Inc.
- ISIN: US74736K1016
- Ticker: QRVO
- Trading venue: Nasdaq
- Price (as of September 24, 2026): USD 116.34
- Market capitalization: USD 10,263,700,944 (as of September 24, 2026)
- 52-week range: USD 74.92-121.09 (as of September 24, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: S&P 500
