| 2024-11-13 | -2.48 % |
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| 2024-11-08 | -2.37 % |
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| 2024-11-06 | +1.48 % |
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| 2024-11-04 | -0.68 % |
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| 2024-11-01 | +0.84 % |
- Qorvo (QRVO) stock experienced a 0.84% increase following a positive report from Needham & Company, which initiated coverage with a "buy" rating and a price target of $135.00, contributing to overall investor optimism despite mixed analyst opinions.
- Qorvo (QRVO) stock increased by 0.84% after the announcement that MediaTek selected Qorvo as the primary supplier for the first Wi-Fi 7 front-end module to be used in their MT6653 chip, enhancing smartphone performance and energy efficiency.
- Qorvo (QRVO) stock rose by 0.84% likely due to strong institutional ownership (88.6%), positive analyst outlook with a consensus target price suggesting a 46.6% upside, and its competitive performance compared to Solar Enertech in various financial metrics.
- Qorvo (NASDAQ:QRVO) stock rose by 0.84%, despite being downgraded from a “buy” to a “hold” rating by Benchmark and facing negative adjustments by multiple analysts, likely due to its earnings report exceeding consensus estimates and investor sentiment from institutional investments.
The stock went up primarily because Qorvo reported earnings of $1.88 per share, which surpassed analyst expectations of $1.85, coupled with revenue that also exceeded estimates, suggesting stronger-than-anticipated performance in a challenging market.
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| 2024-10-30 | -27.31 % |
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| 2024-10-29 | +0.22 % |
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| 2024-10-28 | +1.26 % |
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| 2024-10-24 | -0.71 % |
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| 2024-10-23 | -0.56 % |
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| 2024-10-22 | -1.37 % |
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| 2024-10-18 | +0.21 % |
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| 2024-10-15 | -0.96 % |
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| 2024-10-14 | +2.7 % |
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| 2024-10-10 | -0.65 % |
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| 2024-10-08 | +0.05 % |
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| 2024-10-04 | +0.31 % |
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| 2024-10-03 | -0.46 % |
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| 2024-10-01 | -3.41 % |
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| 2024-09-30 | -0.29 % |
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| 2024-09-27 | -1.3 % |
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| 2024-09-25 | -0.47 % |
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| 2024-09-24 | +0.77 % |
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| 2024-09-16 | -6.68 % |
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| 2024-09-13 | +1.93 % |
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| 2024-08-01 | -7.64 % |
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| 2024-07-31 | +0.28 % |
- Qorvo, Inc. (NASDAQ:QRVO) experienced a 0.28% rise in stock value following mixed first-quarter results for fiscal year 2025, where despite a sequential revenue decline of 6% to $887 million, a significant 36% year-over-year revenue increase, strong non-GAAP margins, and a focus on innovation and market expansion contributed to investor optimism about the company's long-term growth prospects.
- Qorvo (QRVO) stock rose by 0.28% following TD Cowen's maintenance of a Hold rating but increase of its price target from $110 to $125, driven by the company's recent earnings performance that exceeded expectations and a modestly raised forecast, indicating potential for future growth despite some challenges.
- Qorvo Inc (NASDAQ: QRVO) saw a slight increase of 0.28% in its stock price due to an increased price target and maintained Buy rating by Craig-Hallum, driven by strong quarterly results, optimistic guidance exceeding market expectations, and enhanced relationships with key customer Apple amid positive prospects in both consumer electronics and military sectors.
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| 2024-07-24 | -4.08 % |
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| 2024-07-17 | -4.35 % |
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| 2024-07-16 | +2.29 % |
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| 2024-07-09 | -0.94 % |
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| 2024-07-01 | +1.53 % |
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| 2024-06-27 | -1.27 % |
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| 2024-06-20 | -1.57 % |
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| 2024-06-18 | +0.45 % |
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| 2024-06-14 | -0.86 % |
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| 2024-06-13 | +4.27 % |
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| 2024-06-12 | +6.21 % |
- Qorvo Inc (QRVO) stock increased by 6.21% following TD Cowen's Hold rating, which acknowledged the company's diversification strategy to expand into new semiconductor markets beyond its traditional applications, such as handset and power management, with a cautious but optimistic outlook due to the significant potential of the company's target business model. The stock rose as investors await further evidence of Qorvo's successful execution of its strategic goals to reduce its reliance on specific applications and broaden market influence.
- The article discusses Qorvo Inc's ambitious plan to expand its customer and product portfolio, aiming for long-term revenue growth, leading to a 6.21% increase in its stock price, as the company identified a $38 billion serviceable addressable market (SAM) and outlined growth projections for various segments, despite some caution expressed by BofA Securities about execution challenges in a competitive market. The increase in Qorvo's stock price can be attributed to investors' positive response to the company's growth strategy and potential for long-term revenue growth.
- Qorvo(QRVO) stock rose by 6.21% last night following the company's presentation of an ambitious financial model for fiscal year 2029, which aims to outpace market growth, reduce dependence on Apple's Component Group, and expand its integrated module offerings. The stock went up due to Qorvo expressing a positive outlook on its growth prospects with Apple, its emphasis on substantial investments, strong connections in the High-Performance Analog sector, and strategic expansions, including acquisitions like Anokiwave, which strengthened its defense and aerospace capabilities.
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| 2024-06-11 | +1.67 % |
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| 2024-06-07 | -0.49 % |
- The article mentions that last night, Qorvo (QRVO) stock was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating, which caused the stock to drop by -0.49%. The downgrade of the stock was influenced by various financial institutions, including Goldman Sachs Group, Barclays, Benchmark, JPMorgan Chase & Co., and Susquehanna, who lowered their price targets and ratings for Qorvo. The stock's recent performance has been impacted by the downgrade and reduced price targets, which has led to a consensus rating of "Hold" and an average target price of $110.83 for the company.
- The article discusses how TD Asset Management Inc increased its position in Qorvo, Inc. (NASDAQ:QRVO) stock, and other institutional investors also made changes to their positions, while several analysts issued reports on QRVO shares with varying price targets and ratings. The stock price for Qorvo went down by -0.49% last night due to these factors and recent insider selling activities.
- Qorvo's (QRVO) stock was down 0.49% following the CEO's sale of over 15,000 shares, worth $1.5 million, through a predetermined trading plan; the stock went down due to insider selling activity, typical reasons behind CEO shares sell-offs for personal financial considerations.
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| 2024-06-05 | +1.99 % |
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| 2024-05-31 | +1.34 % |
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| 2024-05-30 | +0.84 % |
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| 2024-05-22 | +1.59 % |
- Summary: Akoustis Technologies, Inc. announced a registered direct offering for the purchase of 50,000,000 shares of common stock at a price of $0.20 per share, leading to an expected gross proceeds of approximately $10,000,000 to be used for working capital and operations.
Reason for Qorvo (QRVO) stock increase: The increase in Qorvo's stock price is unrelated to the article content, as the article primarily discusses Akoustis Technologies' offerings and plans.
- Summary: Akoustis Technologies, Inc. made design updates to its XBAW manufacturing process to remove patented features claimed by Qorvo, resulting in a 1.59% increase in Qorvo (QRVO) stock last night.
Reason for QRVO stock increase: The increase in Qorvo (QRVO) stock can be attributed to Akoustis Technologies, Inc. releasing design updates that remove patented features claimed by Qorvo in their XBAW manufacturing process, addressing potential infringement issues and providing reassurance to investors.
- The article discusses Akoustis Technologies, Inc.'s release of design updates to its XBAW® manufacturing process to avoid any patent infringements claimed by Qorvo, Inc., which ultimately led to a 1.59% increase in Qorvo's stock price. Qorvo's stock likely went up due to this development as investors saw the company taking steps to address potential patent issues and continue its operations effectively.
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| 2024-05-16 | -0.4 % |
- The QRVO stock of Qorvo, Inc. went down -0.4% following the sale of shares by President and CEO Robert A. Bruggeworth worth over $2.2 million, with market participants speculating on the company's financial health; the decrease in stock price can be attributed to the insider transactions leading to evaluation of the company's future prospects and the volatility of its stock price movements.
- The recent drop in Qorvo (QRVO) stock price may be attributed to the sale of shares by the Senior Vice President of Global Operations, Paul J. Fego, totaling approximately $211,728, amidst insider transactions signaling company valuation and future prospects, despite positive financial metrics and share buyback activities indicating potential undervaluation.
- The recent article discusses Qorvo, Inc. (QRVO) Senior Vice President of Connectivity & Sensors, Steven E. Creviston's stock transactions, which included selling shares and automatic transactions, possibly influencing QRVO stock to go down. The stock's movement might be impacted by executive selling activities and market performance based on financial health and analyst predictions.
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