BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving Qorvo, Inc. (Nasdaq – QRVO), First Foundation Inc. (NYSE – FFWM), Akero Therapeutics, Inc. (Nasdaq – AKRO), and CoreCard Corporation (NYSE – CCRD) | Intellectia.AI
BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving Qorvo, Inc. (Nasdaq – QRVO), First Foundation Inc. (NYSE – FFWM), Akero Therapeutics, Inc. (Nasdaq – AKRO), and CoreCard Corporation (NYSE – CCRD)
Written by Emily J. Thompson, Senior Investment Analyst
Qorvo Acquisition Investigation: Qorvo, Inc. is set to be acquired by Skyworks for $32.50 in cash and 0.960 shares of Skyworks per Qorvo share, with investigations into whether the Qorvo Board breached fiduciary duties by not ensuring a fair process and deal value for shareholders.
First Foundation Merger Inquiry: First Foundation Inc. will merge with FirstSun Capital Bancorp in an all-stock deal, raising concerns about the First Foundation Board's adherence to fiduciary duties and the fairness of the deal for its shareholders.
Akero Therapeutics Acquisition Scrutiny: Akero Therapeutics, Inc. is being acquired by Novo Nordisk for $54.00 per share plus a contingent value right, with investigations focusing on potential breaches of fiduciary duties by the Akero Board regarding the fairness of the transaction.
CoreCard Corporation Merger Investigation: CoreCard Corporation is to be acquired by Euronet in a stock-for-stock merger valued at approximately $248 million, with inquiries into whether the CoreCard Board fulfilled its fiduciary responsibilities and ensured fair value for shareholders.
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 100.82 USD with a low forecast of 88.00 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.
16 Analyst Rating
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 100.82 USD with a low forecast of 88.00 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.
1 Buy
15 Hold
0 Sell
Hold
Current: 80.290
Low
88.00
Averages
100.82
High
110.00
Current: 80.290
Low
88.00
Averages
100.82
High
110.00
Mizuho
Neutral
downgrade
$93 -> $85
Al Analysis
2026-01-09
Reason
Mizuho
Price Target
$93 -> $85
Al Analysis
2026-01-09
downgrade
Neutral
Reason
Mizuho lowered the firm's price target on Qorvo to $85 from $93 and keeps a Neutral rating on the shares. The firm adjusted targets in the semiconductors and semiconductor capital equipment group as part of its 2026 outlook. Mizuho sees continued upside for the group in 2026 due to "attractive valuations," but more modest than 2025. The analyst' top sectors in 2026 are AI accelerators and wafter fab equipment, Optical, and memory, while the firm remains cautious on electric vehicles, autos and analog as well as computers and handsets. Mizuho's top picks for 2026 are Nvidia, Lumentum and Broadcom.
Mizuho
Underperform -> Neutral
upgrade
$65 -> $73
2025-11-10
Reason
Mizuho
Price Target
$65 -> $73
2025-11-10
upgrade
Underperform -> Neutral
Reason
Mizuho upgraded Skyworks (SWKS) to Neutral from Underperform with a price target of $73, up from $65. The company's merger with Qorvo (QRVO) provides "valuation synergies," which helps offset broader handset headwinds, the analyst tells investors in a research note. The firm says the deal is expected to close in April of 2027 with $500M of annual cost synergies expected by 2028.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for QRVO
Unlock Now
JPMorgan
Underweight -> Neutral
upgrade
$92 -> $105
2025-11-04
Reason
JPMorgan
Price Target
$92 -> $105
2025-11-04
upgrade
Underweight -> Neutral
Reason
JPMorgan upgraded Qorvo (QRVO) to Neutral from Underweight with a price target of $105, up from $92, post the earnings report. The company is seeing favorable trends in its iPhone segment and in its aerospace and defense businesses, the analyst tells investors in a research note. JPMorgan cites the Skyworks (SWKS) acquisition announcement last week for the upgrade to Neutral.
UBS
Neutral
maintain
$100 -> $108
2025-10-29
Reason
UBS
Price Target
$100 -> $108
2025-10-29
maintain
Neutral
Reason
UBS raised the firm's price target on Qorvo (QRVO) to $108 from $100 and keeps a Neutral rating on the shares following the company's merger with Skyworks (SWKS).
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.
