Analyst Ratings for Qorvo Inc. (QRVO)

Updated: 2017-07-27

An average rating of Overweight has been given to Qorvo Inc. (NASDAQ:QRVO) by analysts covering the stock. Last month, QRVO received an average rating of Overweight.

26 analysts issued ratings on the stock, where 10 gave QRVO a buy rating, 2 issued an overweight rating, 13 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for QRVO. The most optimistic analyst gave a price target of 95, which equates to a potential upside of 37.48 percent. The minimum price target given was 57, implying a possible loss of -17.51 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -28.01 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -8.2 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

QRVO has a 52-week high of 79.34 and a 52-week low of 48.28. Currently the stock is 43.12 percent higher than its low, and below the high by 12.91 percent. QRVO has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The QRVO value stock report compares QRVO to some of its peers using value stock charts. The market cap of QRVO is $8.84 billion. QRVO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.