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Barchart
Barchart
Rashmi Kumari

What Are Wall Street Analysts' Target Price for Qorvo Stock?

Qorvo QRVO

Qorvo, Inc. (QRVO), with a market cap of $10.09 billion, is a provider in the technology and semiconductor industry. Headquartered in Greensboro, North Carolina, Qorvo specializes in designing, manufacturing, and supplying innovative radio frequency (RF) solutions for advanced wireless devices, defense radar systems, and communications infrastructure. 

Qorvo has significantly underperformed the broader market over the last year. The stock has gained 5.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 19.7%. However, in 2024, the stock has lost 4.7%, compared to SPX's 12.1% gains on a YTD basis. 

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