Why Qorvo Stock Popped Today
Qorvo (NASDAQ: QRVO) stock jumped 10.5% through 10:35 a.m. ET Wednesday after beating analyst forecasts this morning.
Heading into the company's fiscal Q4 2025 report, analysts forecast Qorvo would earn only $1 per share on sales of $850.5 million. In fact, the company earned $1.42 per share (adjusted for one-time items), and its sales were $869.5 million.
CEO Bob Bruggeworth described Qorvo's Q4 performance as "stronger than seasonal" and exceeding "the midpoint of our guidance on revenue, gross margin, and EPS." But that doesn't mean the news was entirely good.
Source Fool.com
Qorvo Inc. Stock
€74.46
-0.730%
Our community is currently high on Qorvo Inc. with 11 Buy predictions and 5 Sell predictions.
As a result the target price of 96 € shows a positive potential of 28.93% compared to the current price of 74.46 € for Qorvo Inc..
