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
€73.72
-1.570%
Currently there is a rather positive sentiment for Qorvo Inc. with 9 Buy predictions and 4 Sell predictions.
With a target price of 95 € there is a positive potential of 28.87% for Qorvo Inc. compared to the current price of 73.72 €.
