Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services.
| Revenue (TTM) | $3.64B |
| Gross Profit (TTM) | $1.77B |
| EBITDA | $885.48M |
| Operating Margin | 15.80% |
| Return on Equity | 11.60% |
| Return on Assets | 6.71% |
| Revenue/Share (TTM) | $39.89 |
| Book Value | $39.36 |
| Price-to-Book | 2.49 |
| Price-to-Sales (TTM) | 2.38 |
| EV/Revenue | 2.435 |
| EV/EBITDA | 11.34 |
| Quarterly Earnings Growth (YoY) | 255.60% |
| Quarterly Revenue Growth (YoY) | -4.20% |
| Shares Outstanding | $88.22M |
| Float | $81.66M |
| % Insiders | 0.55% |
| % Institutions | 99.79% |
Volatility is currently expanding
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
QRVO is improving profitability through stronger execution and diversification, but smartphone exposure and transaction uncertainty still cloud the outlook.
QRVO beat earnings estimates as stronger margins and cost discipline offset weaker smartphone demand, highlighting a profitability story driven by execution.
QRVO has surged 11.6% in a month as stronger margins and earnings fuel optimism amid smartphone market and pending deal uncertainties.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Qorvo (QRVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Qorvo is optimizing margins and cash flow despite ongoing revenue contraction, with FY2027 EPS expected above $7.00 and gross margin above 50%. The HPA segment is the primary growth driver, expanding 50.1% year-on-year, but it remains too small to offset mobile concentration risks. QRVO's valuation appears modest at 13x forward earnings, but upside is capped by the pending Skyworks merger, offering only a 6.3% gross spread at current prices.
Qorvo delivered strong results with significant margin improvement and raised full-year EPS guidance above $7.00 for fiscal 2027. Despite operational progress, QRVO is now primarily a merger arbitrage play, with each share converting to 0.960 Skyworks shares plus $32.50 cash. The current deal spread is thin (~2%), while break risk exposes holders to a potential 26% downside if the merger fails.
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.
GREENSBORO, N.C., July 28, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2027 first quarter ended June 27, 2026.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on QRVO and any ticker you trade — then tracks every position and per-strategy win rate.
