Qorvo stock holds close to analyst targets as latest quarter shows solid margins
Published on 08/31/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Qorvo Inc. (ISIN US74736K1016) stock is currently priced in the mid-$90 range on the Nasdaq, with recent data as of August 30, 2026 showing a quote of $94.73 per share that sits only modestly above the consensus analyst target of $94.00.
Per recent market data cited in an analysis dated August 30, 2026, the share price of $94.73 on the Nasdaq translates into a market capitalization in the mid-single-digit billions of dollars based on roughly 95.5 million shares outstanding.
According to an overview that compiles Qorvo's latest reported figures, the company has generated revenue of $3.72 billion over its most recent fiscal period, paired with a gross profit of $1.67 billion and a gross margin of 44.9 percent, underscoring the scale of its operations and its ability to maintain mid-40 percent margins.
Analyst consensus and valuation context
Recent coverage summarizing analyst estimates indicates that the average price target for Qorvo stands at $94.00, only slightly below the $94.73 level cited for August 30, 2026, which means the stock is trading less than $1 above the consensus target.
That same consensus perspective characterizes the stock with a neutral rating, reflecting a hold stance on Qorvo shares and suggesting that, at the current valuation, analysts broadly see limited upside without a fresh earnings or guidance surprise.
For investors, the narrow gap between the $94.73 trading level and the $94.00 average target makes valuation an important discussion point, since it implies that any change in expectations for revenue growth or margins could quickly influence both targets and the share price.
Recent financial performance and margins
The financial snapshot cited in the latest evaluation of Qorvo shows that, in its most recent fiscal year or trailing twelve-month period, Qorvo delivered revenue of $3.72 billion, demonstrating the company's position as a large supplier in the radio frequency and connectivity market.
Within that revenue base, Qorvo reported a gross profit of $1.67 billion, which corresponds to a gross margin of 44.9 percent and highlights that nearly half of each dollar of sales remains after direct production costs.
The margin profile is particularly relevant in a competitive semiconductor landscape: a gross margin of 44.9 percent places Qorvo in a mid-40 percent band that, while below the 50 percent-plus levels of some higher-margin analog and mixed-signal peers, still indicates robust pricing power and cost control.
Comparing the margin against the revenue base, the $1.67 billion gross profit implies that for every $1 in revenue, Qorvo retains roughly $0.45 in gross profit, a ratio that may support ongoing investment in research and development for advanced RF front-end solutions and power management chips.
Product focus: RF solutions for smartphones and infrastructure
A key pillar of Qorvo's business model is the development and supply of radio frequency solutions, including RF front-end modules, power amplifiers, filters, and other components that enable wireless connectivity in smartphones, tablets, and a wide range of devices.
Beyond consumer electronics, Qorvo also sells components into infrastructure applications such as base stations, Wi-Fi equipment, and connectivity modules for automotive and industrial uses, building on its expertise in high-frequency signal management.
These RF solutions are designed to support multiple generations of wireless standards, from 4G LTE to 5G and emerging specifications, helping device makers manage complexity, reduce board space, and improve signal efficiency.
Qorvo stock and recent trading level
Qorvo stock is listed on the Nasdaq under the ticker QRVO, and recent market data as of August 30, 2026 shows a price of $94.73 per share in U.S. dollars, reflecting the latest completed trading session that underpins the current valuation narrative.
With an indicated share count of roughly 95.5 million, that price level implies a market capitalization in the mid-single-digit billions of dollars as of August 30, 2026, framing Qorvo as a sizeable mid-cap semiconductor player within the broader U.S. equity market.
Read more
For more detailed information on Qorvo stock and its fundamentals, investors can review the company's investor relations materials and recent earnings presentations that discuss segment performance, end-market trends, and guidance for upcoming quarters.
Investor Relations
Company: Qorvo Inc.
ISIN: US74736K1016
Ticker: QRVO
Exchange: Nasdaq
Price (as of August 30, 2026): $94.73 USD
Market cap: mid-single-digit billions USD (as of August 30, 2026)
Sector / Industry: Semiconductors / Communications equipment
Index membership: U.S. mid-cap semiconductor indices
