Qorvo Inc stock drops amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 07 Jan 26
Source: Coinmarketcap
Qorvo Inc's stock price fell by 8.60% during regular trading, crossing below its 5-day SMA, indicating a significant decline in investor confidence.
This drop occurs amid broader market strength, with the Nasdaq-100 up 0.59% and the S&P 500 up 0.14%. The stock's performance reflects market caution, as it approaches its 52-week low of $49.46, raising concerns about its growth potential and impacting investor sentiment.
As Qorvo Inc nears its low point, investors may reconsider its investment value, particularly in the current market environment, which could lead to further capital inflows or outflows based on market reactions.
Analyst Views on QRVO
Wall Street analysts forecast QRVO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QRVO is 100.08 USD with a low forecast of 85.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
1 Buy
15 Hold
1 Sell
Hold
Current: 77.180
Low
85.00
Averages
100.08
High
110.00
Current: 77.180
Low
85.00
Averages
100.08
High
110.00
About QRVO
Qorvo, Inc. is a global provider of connectivity and power solutions. The Company supplies semiconductor solutions. The Company operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG) and Advanced Cellular Group (ACG). The HPA segment is a global supplier of radio frequency (RF), analog mixed signal and power management solutions. The CSG segment is a global supplier of connectivity and sensor solutions, with broad expertise spanning ultra-wideband (UWB), Matter, Bluetooth Low Energy (BLE), Zigbee, Thread, Wi-Fi, cellular solutions for the Internet of Things (IoT) and microelectromechanical system (MEMS)-based sensors. The ACG segment is a global supplier of advanced cellular solutions for smartphones, wearables, laptops, tablets and other devices. The Company serves diverse segments of global markets, including automotive, consumer, defense and aerospace, industrial and enterprise, infrastructure and mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
