Qorvo stock holds near $96 as analysts stay cautious
Published on 08/29/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Qorvo Inc. (US74736K1016) held near $96 on August 28, 2026, with one market snapshot showing $95.06 at 10:39 a.m. ET and a prior close of $96.18. The same update put the company's market cap at $8.357 billion and the stock 2.3 percent above a $94.00 consensus target.
Analysts keep a tight range
The latest consensus view in the source set points to an average rating of Hold, and the $94.00 target sits close to the mid-$90 share price. That gap matters because it leaves valuation more exposed to earnings delivery than to multiple expansion.
Fresh operating context in the same session was light but useful: Yahoo Finance's Qorvo quote page showed Q1 FY27 revenue of $784.79 million, earnings of $85.8 million, and an actual EPS of $1.64 versus an estimate of $1.06. Profit margin on that line was 10.93 percent, which gives the stock a concrete earnings benchmark for the next leg.
Latest quarter sets the tone
The most recent reported quarter in the source set is Q1 FY27, so investors can compare the $784.79 million top line with the $85.8 million earnings figure and the $1.64 EPS print. The key comparison is simple: EPS came in 54.7 percent above the estimate of $1.06, while revenue was still the cleaner check on operating scale.
RF components still matter
Qorvo's business remains tied to radio-frequency chips used in mobile devices, connectivity and defense-adjacent systems, so the market keeps reading each quarterly print as a test of demand stability and margin discipline. A $10.93 percent profit margin in Q1 FY27 shows why every basis point matters for the stock.
Shares and setup
Qorvo stock is still trading inside a narrow band around the consensus target, and that makes the current setup more about execution than narrative. As of August 28, 2026, the latest quote stood at $95.06 and the session close at $96.18, both in USD.
More on Qorvo stock
Company: Qorvo Inc.
ISIN: US74736K1016
Ticker: QRVO
Exchange: NasdaqGS
Price (as of August 28, 2026, 4:00 p.m. ET): $96.18 USD
Market cap: $8.357 billion (as of August 28, 2026)
Sector / Industry: Information Technology / Semiconductors
Index membership: S&P 500
