Qorvo (QRVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Qorvo, Inc. reported past first-quarter fiscal 2027 results to June 27, 2026, with sales of US$784.8 million versus US$818.78 million a year earlier, while net income rose to US$85.8 million from US$25.59 million, lifting basic earnings per share from continuing operations to US$0.97. Despite softer smartphone-related revenue, Qorvo’s High-Performance Analog business and cost controls boosted profitability, with earnings and sales exceeding analyst consensus for the quarter. Next, we’ll...
QRVO tops Q1 earnings and revenue estimates despite lower smartphone-related sales, as strong growth in High-Performance Analog and disciplined cost management lift margins.
Qorvo (QRVO) delivered earnings and revenue surprises of +49.09% and +5.22%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Silicon content per handset is quietly repricing as on-device AI and RF complexity collide with the next refresh cycle, and five chip names are already splitting into winners and losers before most investors notice the gap.
Qorvo has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 8.2% to $92.50 per share while the index has gained 6.8%.
Qorvo (QRVO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
QRVO's organic growth in defense, aerospace, infrastructure and connectivity is helping diversify revenue beyond smartphones and support long-term gains.
CRUS and SWKS benefit from AI, smartphone and connectivity demand, while both navigate margin pressure and customer concentration risks.
Shares of Qualcomm (NASDAQ:QCOM) are up 11% at midday Friday, with Skyworks Solutions (NASDAQ:SWKS) higher by 9% and Qorvo (NASDAQ:QRVO) tacking on 7%. The mobile and RF (radio frequency) chip trade is rallying broadly, but the bid is concentrated in the smaller, more focused names in the group. Investors are picking pure-play winners while passing ... Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%: The Mobile Chip Trade Picks Smaller Winners
Five mid-cap AI infrastructure stocks, including BILL, PCTY, TDC, VSH and QRVO, offer discounted valuations amid rising AI demand.
Communications chips maker Qorvo (NASDAQ: QRVO) announced better-than-expected revenue in Q1 CY2026, but sales fell by 7% year on year to $808.3 million. Its non-GAAP profit of $1.69 per share was 39.5% above analysts’ consensus estimates.
Qorvo (QRVO) delivered earnings and revenue surprises of +40.17% and +1.08%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
As Apple inches toward foldable iPhones, Barclays is turning to chipmakers like Skyworks Solutions and Qorvo, seeing an opportunity to buy these stocks at attractive levels.