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Why Qorvo Stock Popped Today

TheMotleyFool 
0 0 30.04.25
Why Qorvo Stock Popped TodayPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

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.

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Source Fool.com

Qorvo Inc. Stock

€82.83
-0.170%
Qorvo Inc. shows a slight decrease today, losing -€0.140 (-0.170%) compared to yesterday.
We see a rather positive sentiment for Qorvo Inc. with 8 Buy predictions and 2 Sell predictions.
However, we have a potential of -7.04% for Qorvo Inc. as the target price of 77 € is below the current price of 82.83 €.
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