Qorvo (QRVO)
Builds RF, connectivity and power semiconductors for mobile, infrastructure and defense markets.
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Designs and commercializes radio-frequency, connectivity and power semiconductors across Advanced Cellular Group, Connectivity and Sensors Group, and High Performance Analog. Mobile demand and Apple-related contract manufacturers shape the revenue mix, while design wins and a hybrid internal-and-outsourced manufacturing model govern execution.
Develops and commercializes products for wireless, wired and power markets. Reporting is organized around Advanced Cellular Group, Connectivity and Sensors Group, and High Performance Analog, with operations spread across multiple countries.
Combines RF and power design with retained wafer fabrication and outsourced manufacturing. Engineers and technicians dominate the workforce, while recent facility and portfolio sales have narrowed the production footprint.
Apple-related contract manufacturers provide roughly half of revenue, making mobile product cycles and design wins central dependencies. Supply continuity, fabrication yields and utilization also shape results. A shareholder-approved merger with Skyworks remains pending regulatory approvals, so the business continues as a standalone Nasdaq-listed company.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 29, 2026 | UBS | Reiterate | Rating: —Target: $87 | Target: $96 |
| May 6, 2026 | Craig-Hallum | Target | Target: $95 | Target: $120 |
| Apr 22, 2026 | Barclays | Upgrade | ||
| Apr 20, 2026 | Mizuho Securities | Target | Target: $70 | Target: $66 |
| Apr 20, 2026 | Mizuho | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $1.33B · Total debt $1.55B · Total assets $5.94B · Shareholders' equity $3.47B
- Revenue
- $784.8M
- Operating income
- $96.8M
- Net income
- $85.8M
No dividends on record.
| Institutions | 98.02% | 86.47M shares | |
|---|---|---|---|
| 552 holders · as of Jun 30, 2026 | |||
| Insiders | 0.93% | 823.9K shares | |
| 16 holders · as of Sep 16, 2026 | |||
| Other | 1.05% | 923.8K shares | |
| remainder | |||
88.22M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 11.46% | 10.11M | as of Jun 30, 2026 |
Starboard Value LPInstitution | 6.36% | 5.61M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.04% | 5.33M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.33% | 3.82M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.08% | 3.60M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 15, 2026 | Steven E. Creviston | officer: SVP, Connectivity & Sensors | −4,810 | $116.56 |
| Sep 14, 2026 | Paul J. Fego | officer: SVP, Global Operations | −2,500 | $114.11 |
| Sep 2, 2026 | Robert A. Bruggeworth | director, officer: President and CEO | −28,744 | $100.87 |
| Sep 2, 2026 | Steven E. Creviston | officer: SVP, Connectivity & Sensors | −4,810 | $100.87 |
| Sep 2, 2026 | Paul J. Fego | officer: SVP, Global Operations | −2,500 | $100.00 |
- Broadcom
Cellular RF front ends, acoustic filters, and wireless connectivity
- Skyworks Solutions
Mobile RF front ends and broad-market wireless connectivity
- Qualcomm
Modem-to-antenna cellular RF and multi-radio connectivity platforms
- Analog Devices
High-performance RF, microwave, mixed-signal, and power solutions
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Qorvo | $117.79 | +0.49% | $10.34B | 27.2 | 15.1 | 2.8 | −4.2% |
| Broadcom | $365.22 | +0.71% | $1.73T | 46.3 | 21.1 | 19.4 | +85.5% |
| Skyworks Solutions | $89.32 | +0.65% | $13.35B | 46.0 | 18.6 | 3.3 | −3.1% |
| Qualcomm | $196.87 | +1.36% | $203.94B | 22.2 | 21.2 | 4.6 | −4.0% |
| Analog Devices | $389.30 | +1.64% | $186.55B | 45.4 | 24.2 | 13.4 | +39.6% |
| Median | 45.7 | 21.1 | 9.0 | +18.3% |