The price of QRVO is predicted to go up 2.22%, based on the high correlation periods with BKYI. The similarity of these two price pattern on the periods is 98.2%.
QRVO
BKYI
As wireless technologies shift to more advanced 5G networks, smartphones will require greater RF content per device, which should provide a nice runway for further growth at Qorvo.
Qorvo might have the RF's industry's broadest suite of products, including a variety of filters needed for 4G- and 5G-enabled smartphones and infrastructure products that are emerging as key components in 5G networks.
Qorvo continues to enhance and shift its manufacturing footprint, which should allow for gross margin expansion in the years ahead.
Mizuho
2025-01-24
Price Target
$80 → $90
Upside
+1.19%
Morgan Stanley
2025-01-21
Price Target
$90 → $106
Upside
+21.03%
Mizuho
2025-01-07
Price Target
$98 → $80
Upside
+8.65%