Qorvo stock jumped on the news Wednesday, as did shares of peers Qualcomm and Skyworks Solutions . * q2 revenue $1.06 billion versus refinitiv ibes estimate of $1.01 billion. Zacks.com offers in-depth financial research with over 30years of proven results. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. QRVO: Get the latest Qorvo stock price and detailed information including QRVO news, historical charts and realtime prices. Today, that discovery is still the heart of the Zacks Rank. Qorvo (QRVO) closed the most recent trading day at $180.07, moving -1.23% from the previous trading session. Comparatively, Microchip Technology has a beta of 1.7, meaning that its stock price is 70% more volatile than the S&P 500. var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? * q2 gaap earnings per share $1.18. 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Qorvo (QRVO) closed the most recent trading day at $180.07, moving -1.23% from the previous trading session. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. To read this article on Zacks.com click here. Qorvo (QRVO) Stock Sinks As Market Gains: What You Should Know, Cannabis Stocks May Be 2021’s Big Winners, The Second Coup, And What Needs To Be Done Now, Investing Strategies: Sunrun CFO On Solar Growth, VanEck CEO On Bitcoin Boom, Accenture On CES Themes, UBS Wealth's Sherry Paul: What to Watch in Markets This Year, #TradeTalks: Nasdaq led all exchanges in total volume traded for equity options in 2020, 3 Hydrogen Stocks To Watch In January 2021, Looking For SPAC Stocks To Buy In 2021? Create your Watchlist to save your favorite quotes on Nasdaq.com. The beta is 1.51, so Qorvo's price volatility has been higher than the market average. The Qorvo stock price gained 1.87% on the last trading day (Monday, 11th Jan 2021), rising from $179.40 to $182.76. Click to get this free report Qorvo, Inc. (QRVO): Free Stock Analysis Report To read this article on Zacks.com click here. A high-level overview of Qorvo, Inc. (QRVO) stock. QORVO, INC. (NASDAQ:QRVO) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share QORVO, INC. | Nasdaq: QRVO | Nasdaq Qorvo Stock News module provides quick insight into current market opportunities from investing in Qorvo Inc. Use historical and current headlines to determine the investment entry and exit points. QRVO has a market capitalization of $20,366,640,994 -- more than approximately 89.49% of US stocks. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Qorvo has a beta of 1.36, meaning that its stock price is 36% more volatile than the S&P 500. For the full year, our Zacks Consensus Estimates are projecting earnings of $8.65 per share and revenue of $3.86 billion, which would represent changes of +36.65% and +19.1%, respectively, from the prior year. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. qorvo inc (qrvo): * qorvo® announces fiscal 2021 second quarter financial results. Enter up to 25 symbols separated by spaces. 85.9% of Qorvo … )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. Our most recent consensus estimate is calling for quarterly revenue of $1.06 billion, up 22.37% from the year-ago period. This model considers these estimate changes and provides a simple, actionable rating system. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? The Semiconductors - Radio Frequency industry is part of the Computer and Technology sector. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Our research shows that these estimate changes are directly correlated with near-term stock prices. The Semiconductors - Radio Frequency industry currently had an average PEG ratio of 1.48 as of yesterday's close. Many technical investors use Qorvo Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly. When autocomplete results are available use up and down arrows to review and enter to select. Get the latest Qorvo (QRVO) stock price quote with real-time news, financials, charts and other important investing information. This change lagged the S&P 500's 0.23% gain on the day. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i