Qorvo, Inc. research snapshot
QRVO AI stock analysis currently reads Qorvo as a technically pressured but financially improving RF, analog, connectivity, and power semiconductor company. QRVO closed at $85.81 on July 10, 2026, implying a market value near $7.57 billion. Qorvo reported fiscal 2026 revenue of $3.679 billion, GAAP net income of $339.0 million, operating cash flow of $808.6 million, and $1.219 billion of cash. The business improved margins by reducing lower-margin mass-market Android exposure, while High Performance Analog revenue grew 10.7%. The central QRVO AI stock forecast question is no longer only whether handset demand recovers: Qorvo has a pending merger with Skyworks that requires regulatory approvals, and the FTC issued a Second Request. This page is informational research, not investment advice.
Current price
$85.81 close on July 10, 2026
Market cap
$7.57 billion calculated from $85.81 x 88.22 million shares, matching the reported market cap within 0.00%
AI score
64 / 100
Rating
Improving semiconductor profitability and valuable RF design positions, offset by customer concentration, cyclical demand, and the pending Skyworks transaction
Trend status
Short-term trend is weak to neutral because price is below both the 50-day and 200-day moving averages
Data cutoff (updated weekly)
July 12, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Qorvo sells RF, analog mixed-signal, power management, connectivity, and cellular solutions across mobile, defense, infrastructure, automotive, industrial, and consumer markets. Its products are designed into customer systems, but demand is cyclical and program dependent. | High |
| Moat | The moat comes from qualified design wins, process technology, RF know-how, application engineering, manufacturing capability, and switching friction after a component is designed into a device. Customer bargaining power and rapid product cycles limit moat strength. | Medium |
| Management | CEO Bob Bruggeworth and CFO Grant Brown improved mix, reduced lower-margin exposure, generated cash, and repurchased 6.6 million shares for $536.7 million in fiscal 2026. The decisive management test is whether the Skyworks transaction creates value without losing strategic focus. | Medium |
| Financial trend | Fiscal 2026 revenue fell 1.1% to $3.679 billion, but gross margin rose to 45.9%, operating income reached $411.4 million, net income rose to $339.0 million, and operating cash flow reached $808.6 million. The five-year revenue path remains uneven. | High |
| Valuation | At $85.81, exact tool checks show about 23.70x trailing EPS, 2.40x book value, and 11.13x free cash flow per share. The price also embeds expectations for improved earnings and a transaction outcome, while Qorvo pays no dividend. | High |
| Technical trend | Price is below the 50-day average near $95.46 and the 200-day average near $87.32. RSI near 36.71 indicates weak momentum, while average 20-day volume is about 1.33 million shares and beta is 1.44. | Medium-high |
| Risk level | Risk is high because Apple-related contract manufacturers represented about 50% of fiscal 2026 revenue, Samsung represented about 10%, the CSG segment remained loss-making, and the merger still needs regulatory clearance after an FTC Second Request. | High |
| AI confidence | The factual record is strong for reported numbers and transaction terms. Scenario confidence is lower because Qorvo stopped providing forward guidance and the value received at closing depends partly on Skyworks’ share price. | Medium |
| Investment certainty | Investment certainty is medium-low. Qorvo owns valuable engineering and manufacturing capabilities, but a standalone long-term thesis must compete with a merger-arbitrage thesis and the risk that regulatory review delays or changes the proposed transaction. | Medium-low |
QRVO AI stock forecast
The QRVO AI stock forecast uses a three-year sensitivity exercise from the $85.81 closing price and $3.62 current EPS. With 20%, 10%, and negative 5% annual EPS growth and terminal P/E assumptions of 18x, 15x, and 10x, financial_rigor.py produced reference values of $112.60, $72.30, and $31.00. These are operating-company model outputs, not price targets or promises. If the Skyworks merger closes, Qorvo holders are scheduled to receive $32.50 in cash plus 0.960 Skyworks shares per QRVO share, so the transaction value may differ materially from the standalone sensitivity.
$95 to $113
More likely if premium smartphone content remains strong, HPA growth continues, CSG losses narrow, defense and infrastructure demand expands, the merger receives approvals on schedule, and the combined company captures credible cost and product synergies.
$65 to $86
More likely if Qorvo maintains the fiscal 2026 margin recovery but revenue stays roughly cyclical, the merger takes time to close, and investors assign a moderate multiple while waiting for regulatory and integration evidence.
$31 to $55
More likely if handset demand weakens, Apple or Samsung changes sourcing, CSG losses persist, tariffs or geopolitical restrictions disrupt supply, or the merger is delayed, blocked, or delivers less value than expected.
QRVO AI technical analysis
QRVO AI technical analysis starts from the $85.81 July 10, 2026 close. StockAnalysis listed a 50-day moving average near $95.46, a 200-day moving average near $87.32, RSI near 36.71, average 20-day volume near 1.33 million shares, and beta near 1.44. Recent price history places near support around the July 10 low of $84.56 and July 8 low of $82.83, with a deeper 52-week low near $74.92. Because this static page does not fetch request-time chart data, confirm all levels with a live chart before use.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $85.81 | StockAnalysis closing quote on July 10, 2026. The session traded between $84.56 and $86.91 on 783,285 shares. |
| Near support | $84.56 to $82.83 | The July 10 intraday low and July 8 intraday low form the nearest recent support reference. A sustained break would weaken the short-term setup. |
| Deeper support | About $74.92 | StockAnalysis listed the 52-week low near $74.92. This is a broader reference, not a forecast or a guaranteed floor. |
| First resistance | About $87.32 | The 200-day moving average is the first longer-term trend repair level. A failed reclaim keeps the broader chart structure weak. |
| Higher resistance | $95.46 to $101.98 | The 50-day moving average near $95.46 and the June 22 close near $101.98 are higher resistance references if momentum improves. |
| 50-day moving average | About $95.46 | StockAnalysis technical snapshot last checked around July 10, 2026. Price remained below this shorter trend reference. |
| 200-day moving average | About $87.32 | StockAnalysis technical snapshot last checked around July 10, 2026. Price remained below this longer trend reference. |
| Momentum and volume | RSI about 36.71; 20-day volume about 1.33M | Momentum was weak but not at an extreme oversold reading. Volume should be compared with merger announcements, earnings, and regulatory developments. |
| Volatility and invalidation | Beta about 1.44; sustained close below $74.92 | Above-market beta and semiconductor cyclicality can produce large moves. A sustained break of the 52-week low would invalidate the current rebound framework. |
QRVO AI trading strategy
The QRVO AI trading strategy is a rules-based research framework, not personalized advice. It should be paired with live chart checks, merger filings, earnings dates, position sizing, and a defined loss limit because QRVO can move on regulatory and transaction news.
Wait for QRVO to reclaim and hold the roughly $87.32 200-day average, then watch whether price can challenge the $95.46 50-day average with volume. Confirm the move with HPA growth, CSG losses, cash generation, and new merger disclosures rather than price alone.
A failed reclaim or close below $84.56 weakens the short-term setup. A sustained break below $74.92 is a broader invalidation reference.
If QRVO holds the $82.83 to $84.56 area, monitor whether the rebound is supported by stable premium-tier handset demand, HPA orders, improving CSG economics, and a clear regulatory path for the Skyworks transaction.
Do not average down solely because price reaches recent support. Reassess if customer concentration, merger timing, earnings quality, or cash flow worsens.
Track revenue and operating income by HPA, CSG, and ACG; Apple and Samsung concentration; gross margin; operating cash flow; capital expenditure; share count; debt; FTC and foreign regulatory milestones; and the value of $32.50 plus 0.960 SWKS shares.
Reduce confidence if standalone earnings deteriorate, the merger terms change, approvals require costly remedies, or the implied transaction value falls below the independent business value.
Investment research summary
Customers pay Qorvo to solve difficult RF, analog, mixed-signal, power, and connectivity problems inside wireless, wired, defense, infrastructure, and industrial systems. Qorvo earns revenue when its components are selected into a design and then shipped with the customer product, so design wins matter more than a simple spot-market commodity sale.
Qorvo’s moat is built from engineering know-how, qualified design wins, compound semiconductor process technology, manufacturing capability, application support, and the cost of redesigning a product after qualification. The moat is strongest in defense, aerospace, infrastructure, and complex premium devices, and weaker where customers can switch suppliers or products have short cycles.
The failure path starts with concentration and cyclicality. Apple-related contract manufacturers represented about 50% of fiscal 2026 revenue and Samsung about 10%. A lost design win, weaker handset cycle, tariff, export restriction, customer insourcing, prolonged CSG losses, or a blocked Skyworks merger could turn a margin recovery into a value trap.
Bob Bruggeworth has served as Qorvo’s president and CEO, with Grant Brown as CFO. Management improved product mix, reduced mass-market Android exposure, repurchased 6.6 million shares for $536.7 million in fiscal 2026, and entered the Skyworks merger agreement. The capital allocation test is whether the transaction creates per-share value after regulatory costs and integration work.
More data-intensive devices, connected infrastructure, defense modernization, DOCSIS 4.0, automotive electronics, and higher RF content support a long-term demand case for Qorvo’s technologies. This is a durable connectivity trend, but it does not remove short product cycles, inventory corrections, geopolitical restrictions, or customer bargaining power.
At $85.81, Qorvo traded around 23.70x trailing EPS and 11.13x free cash flow per share in the exact valuation check. The balance sheet held $1.219 billion of cash against about $1.549 billion of long-term debt. The margin of safety therefore depends on sustained earnings improvement and the value of the proposed $32.50 cash plus 0.960 SWKS share consideration, not on a low headline multiple alone.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| QRVO closing price | $85.81 on July 10, 2026 | StockAnalysis historical price data | July 12, 2026 |
| Market cap and shares | $7.57B market cap; 88.22M shares | StockAnalysis statistics and exact market-cap calculation | July 12, 2026 |
| FY2026 revenue and margin | $3.679B revenue; 45.9% gross margin | Qorvo fiscal 2026 Form 10-K | July 12, 2026 |
| FY2026 net income and operating cash flow | $338.99M net income; $808.63M operating cash flow | Qorvo fiscal 2026 Form 10-K and Macrotrends cross-check | July 12, 2026 |
| FY2026 segment revenue | HPA $705.66M; CSG $421.65M; ACG $2.551B | Qorvo fiscal 2026 Form 10-K | July 12, 2026 |
| Cash and debt | $1.219B cash; $1.549B long-term debt; about $330M net debt | Qorvo Form 10-K and StockAnalysis balance sheet | July 12, 2026 |
| Customer concentration | Apple-related contract manufacturers about 50%; Samsung about 10% of FY2026 revenue | Qorvo fiscal 2026 Form 10-K | July 12, 2026 |
| Skyworks merger consideration | $32.50 cash plus 0.960 SWKS shares per QRVO share, subject to closing conditions | Qorvo fiscal 2026 Form 10-K | July 12, 2026 |
| Merger regulatory status | FTC Second Request received February 5, 2026; closing expected early calendar 2027 if conditions are met | Qorvo fiscal 2026 Form 10-K | July 12, 2026 |
| Valuation snapshot | 23.70x PE; 2.40x PB; 11.13x P/FCF; 0.00% dividend yield | financial_rigor.py using StockAnalysis inputs | July 12, 2026 |
| Technical snapshot | 50-day average $95.46; 200-day average $87.32; RSI 36.71; beta 1.44 | StockAnalysis statistics | July 12, 2026 |
| Three-scenario model | Bull $112.60; base $72.30; bear $31.00 reference values over three years | financial_rigor.py exact scenario calculation | July 12, 2026 |
This QRVO AI stock analysis is an informational research tool, not investment advice, a recommendation, or a promise of returns. Forecast ranges are scenario outputs based on available data and assumptions that can be wrong. Verify current prices, filings, transaction terms, technical levels, tax rules, and personal suitability before making any financial decision.
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