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Qorvo Inc has a consensus price target of $100.15 based on the ratings of 29 analysts. The high is $125 issued by Needham on August 3, 2023. The low is $73 issued by Loop Capital on November 11, 2024. The 3 most-recent analyst ratings were released by Loop Capital, TD Cowen, and Barclays on November 11, 2024, October 30, 2024, and October 30, 2024, respectively. With an average price target of $82.67 between Loop Capital, TD Cowen, and Barclays, there's an implied 27.18% upside for Qorvo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Qorvo (NASDAQ:QRVO) was reported by Loop Capital on November 11, 2024. The analyst firm set a price target for $73.00 expecting QRVO to rise to within 12 months (a possible 12.31% upside). 49 analyst firms have reported ratings in the last year.
The latest analyst rating for Qorvo (NASDAQ:QRVO) was provided by Loop Capital, and Qorvo initiated their hold rating.
The last upgrade for Qorvo Inc happened on December 8, 2023 when Morgan Stanley raised their price target to $134. Morgan Stanley previously had an equal-weight for Qorvo Inc.
The last downgrade for Qorvo Inc happened on October 30, 2024 when Raymond James changed their price target from N/A to N/A for Qorvo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Qorvo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Qorvo was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Qorvo (QRVO) rating was a initiated with a price target of $0.00 to $73.00. The current price Qorvo (QRVO) is trading at is $65.00, which is within the analyst’s predicted range.
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