Qorvo (QRVO, Financial), a leading provider in the semiconductor industry, has received a reaffirmed stock rating from the prominent financial services firm, Piper Sandler. As of June 27, 2025, Piper Sandler's analyst Harsh Kumar reiterated an "Overweight" rating for the stock, indicating a positive outlook for Qorvo's future performance.
In conjunction with the rating, Piper Sandler maintains its price target for Qorvo (QRVO, Financial) at USD 110.00. This decision reflects the firm's consistent confidence in Qorvo's market position and growth prospects. The price target remains unchanged from the previous assessment, reinforcing Piper Sandler's steady view on the company's valuation within the competitive tech landscape.
Investors and market participants continue to keep a close watch on Qorvo (QRVO, Financial) as it strives to capitalize on technological advancements and emerging market opportunities. The reiterated rating and price target by Piper Sandler provide crucial insights into the firm's strategic direction and anticipated financial health.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Qorvo Inc (QRVO, Financial) is $82.91 with a high estimate of $128.00 and a low estimate of $67.00. The average target implies an downside of 0.88% from the current price of $83.64. More detailed estimate data can be found on the Qorvo Inc (QRVO) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Qorvo Inc's (QRVO, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Qorvo Inc (QRVO, Financial) in one year is $100.24, suggesting a upside of 19.85% from the current price of $83.64. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Qorvo Inc (QRVO) Summary page.