Qorvo, Inc. (QRVO)

Qorvo Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Qorvo stock have an average target of 89.89, with a low estimate of 69 and a high estimate of 120. The average target predicts an increase of 14.63% from the current stock price of 78.42.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$69	$89.89	$90	$120
Change	-12.01%	+14.63%	+14.77%	+53.02%

Analyst Ratings

The average analyst rating for Qorvo stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	2	2	2	2	2	3
Buy	0	0	2	2	2	2
Hold	13	13	12	12	12	11
Sell	3	3	3	3	3	2
Strong Sell	0	0	1	1	1	1
Total	18	18	20	20	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tom O'Malley Barclays	Barclays	Hold Maintains $60 → $70	Hold	Maintains	$60 → $70	-10.74%	Apr 30, 2025
Gary Mobley Loop Capital	Loop Capital	Hold Maintains $90 → $75	Hold	Maintains	$90 → $75	-4.36%	Apr 30, 2025
Cody Acree Benchmark	Benchmark	Hold → Strong Buy Upgrades $95	Hold → Strong Buy	Upgrades	$95	+21.14%	Apr 30, 2025
Quinn Bolton Needham	Needham	Strong Buy Maintains $100 → $90	Strong Buy	Maintains	$100 → $90	+14.77%	Apr 30, 2025
Tom O'Malley Barclays	Barclays	Hold Maintains $80 → $60	Hold	Maintains	$80 → $60	-23.49%	Apr 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.74B

Increased by 0.51%

from 3.72B

Revenue Next Year

3.95B

Increased by 5.78%

from 3.74B

EPS This Year

5.66

Increased by 875.35%

from 0.58

EPS Next Year

6.86

Increased by 21.24%

from 5.66

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Apr 3, 2021	Apr 2, 2022	Apr 1, 2023	Mar 30, 2024	Mar 29, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	4.02B	4.65B	3.57B	3.77B	3.72B	3.74B	3.95B	4.25B
Revenue Growth	23.96%	15.70%	-23.17%	5.61%	-1.34%	0.51%	5.78%	7.44%
EPS	6.32	9.26	1.00	-0.72	0.58	5.66	6.86	8.26
EPS Growth	125.71%	46.52%	-89.20%	-	-	875.35%	21.24%	20.46%
Forward PE	-	-	-	-	-	13.86	11.43	9.49
No. Analysts	-	-	-	-	-	28	19	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	3.9B	4.2B	4.4B
Avg	3.7B	4.0B	4.2B
Low	3.4B	3.6B	4.0B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	5.7%	12.4%	11.7%
Avg	0.5%	5.8%	7.4%
Low	-8.6%	-4.6%	2.2%

EPS Forecast

EPS	2026	2027	2028	2029
High	6.43	7.89	8.52
Avg	5.66	6.86	8.26
Low	4.17	5.64	7.93

EPS Growth

EPS Growth	2026	2027	2028	2029
High	1,007.9%	39.4%	24.2%
Avg	875.4%	21.2%	20.5%
Low	619.8%	-0.2%	15.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.