QRVO Stock Summary and Trading Ideas (Qorvo | NASDAQ:QRVO)

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of non-smartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Qorvo trades on the NASDAQ stock market under the symbol QRVO.

As of June 24, 2026, QRVO stock price declined to $97.18 with 2,058,549 million shares trading.

QRVO has a beta of 1.14, meaning it tends to be more sensitive to market movements. QRVO has a correlation of 0.16 to the broad based SPY ETF.

QRVO has a market cap of $8.55 billion. This is considered a Mid Cap stock.

Last quarter Qorvo reported $808 million in Revenue and $1.69 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.53.

In the last 3 years, QRVO traded as high as $130.99 and as low as $49.46.

The top ETF exchange traded funds that QRVO belongs to (by Net Assets): IJR, VTI, VB, VGT, VBR.

QRVO has underperformed the market in the last year with a price return of +20.1% while the SPY ETF gained +23.4%. However, in the short term, QRVO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +23.4% vs +12.2% return in SPY. But in the last 2 weeks, QRVO shares have been beat by the market, returning -0.8% compared to an SPY return of -0.3%.

QRVO support price is $96.44 and resistance is $102.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QRVO shares will trade within this expected range on the day.