Qorvo Inc., US74736K1016

Qorvo stock rises after a stronger quarter

Published on 09/06/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qorvo stock is trading above USD 102 after a quarter that beat Wall Street estimates on revenue and EPS.

HF-Halbleiterchip auf grüner Platine mit Golddrähten, fotorealistische Nahaufnahme
Qorvo Inc. (US74736K1016) stellt HF-Chips her, hier fotorealistisch auf einer Platine montiert dargestellt, Illustration mit AI erstellt.

Qorvo Inc. (ISIN US74736K1016) stock closed at USD 102.84 on September 4, 2026, after gaining 2.45 percent in the session, with a market capitalization of USD 9.07 billion. MarketBeat also shows a 52-week range of USD 74.92 to USD 109.49 and volume of 718,068 shares, which places the stock near the top of that band.

Quarterly beat matters

For the latest reported quarter, Qorvo posted revenue of about USD 784.8 million and earnings per share of USD 1.64, according to MarketBeat. That compared with analyst expectations of USD 743.3 million for revenue and USD 1.11 for EPS, so the company beat consensus on both lines.

Revenue was down 4.2 percent year over year, even as the EPS surprise gave the stock a clearer short-term support point. The same source shows a consensus rating of Hold and an average price target of USD 94.00, below the recent share price.

Analysts stay cautious

MarketBeat puts the average target at USD 94.00, with a high target of USD 122.00 and a low target of USD 66.00 across 18 analysts. That spread matters because the stock now trades above the consensus target even after the latest earnings beat.

A separate MarketBeat item also noted that company insiders sold nearly 55,000 shares worth about USD 5.46 million over the past three months, adding another dated data point to the current picture.

Go deeper

Qorvo semiconductor demand and RF chips

Qorvo sells advanced RF, analog and mixed-signal chips for wireless devices and infrastructure, so demand trends in premium phones and connected equipment remain central.

RF chips drive the story

Qorvo's core business remains radio-frequency components for smartphones and connected devices, a segment that can move quickly when handset cycles or inventory trends change. The latest earnings mix shows why investors are still watching revenue growth and margin recovery more than the headline share price alone.

Price stays above consensus

Qorvo stock traded at USD 102.84 as of September 4, 2026, above the USD 94.00 consensus target and inside a 52-week range of USD 74.92 to USD 109.49. The share price, the 2.45 percent daily gain and the USD 9.07 billion market value give the current setup a clearly defined range.

Qorvo Inc. key data

  • Company: Qorvo Inc.
  • ISIN: US74736K1016
  • Ticker: QRVO
  • Trading venue: NASDAQ
  • Price (as of September 4, 2026, 4:00 PM Eastern): USD 102.84
  • Market capitalization: USD 9.07 billion (as of September 4, 2026)
  • Sector / Industry: Semiconductors / Semiconductors and Semiconductor Equipment
  • Index membership: None stated in the available source set

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