Qorvo (QRVO)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$102.84+2.45%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · QRVO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -47.3% |
| Our one-year growth estimate | diamond | 0.5% |
Growth built into the price is above our model estimate.
The price assumes 47.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 71 industry peers
QRVO — debt issuance
Dated 2026-06-11
Entry into a Material Definitive Agreement. In connection with the previously announced (i) proposed merger of Comet Acquisition Corp., a wholly owned subsidiary of Skyworks Solutions, Inc. (“Skyworks”), with and into Qorvo, Inc. (the “Company”) (the “First Merger”), with the Company surviving the First Merger as a wholly owned subsidiary of Skyworks and (ii) immediately following the First Merger, and as the second step in a single integrated transaction with the First Merger, the proposed m…
Why it matters: Strong free cash flow shows Qorvo's ability to fund operations and investments. It supports financial health.
Supportive ifQ2 free cash flow was over $250 million. This shows strong cash flow.
Worry ifQ2 free cash flow drops below $200 million, raising concerns about cash management.
Why it matters: Strong cash flow supports Qorvo's financial health and ability to invest in growth.
Supportive ifQorvo generates free cash flow of $255 million or more in Q2.
Worry ifFree cash flow drops below $200 million in Q2.
Why it matters: Details on this merger could impact Qorvo's future strategy and financial health. It may affect investor sentiment.
Watch forLook for news on key merger milestones or approvals.
Also watch forDelay or cancellation of the merger plans.
Why it matters: Growth in operating income shows Qorvo is making more money. It shows good cost control.
Supportive ifQ2 operating income was over $177 million. This shows better money-making.
Worry ifQ2 operating income was less than $150 million. This shows problems making money.
Why it matters: Keeping this margin shows Qorvo can control costs and make more money.
Supportive ifQorvo reports a non-GAAP gross margin above 50% for Q2.
Worry ifNon-GAAP gross margin falls below 50% for Q2.
Why it matters: A drop below 5% would signal weakening demand in a decelerating growth phase.
Worry ifQ4 revenue growth reported at less than 5% year over year.
Less concerning ifQ4 revenue growth reported above 5% year over year.
Why it matters: Lowering capital costs helps Qorvo earn more money.
Supportive ifQorvo will share steps to cut capital intensity in fiscal 2027.
Worry ifNo news about lowering capital costs will come in fiscal 2027.
Why it matters: If revenue growth in the sector falls, Qorvo's performance may suffer.
Worry ifSector revenue growth reported below its median.
Less concerning ifSector revenue growth remains above its median.
Why it matters: Keeping this margin shows Qorvo can make more money. It shows good efficiency.
Supportive ifQ2 non-GAAP gross margin above 50% confirms management's target is met.
Worry ifQ2 non-GAAP gross margin is below 50%. This may mean there are operational problems.
Why it matters: Reaching this target shows steady sales. It matches what management said about revenue.
Watch forQ2 revenue is about $800 million. This backs up what management said.
Also watch forQ2 revenue falls below $800 million. This points to weaker demand.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$187 on $10,000 · ±1.9% | How much price usually moves either way. |
| Bad day | $350 loss on $10,000 · 3.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,376 loss on $10,000 · 23.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.