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Qorvo (QRVO) Receives a New Rating from a Top Analyst

Tipranks - Fri Apr 24, 7:22AM CDT

In a report released today, Vijay Rakesh from Mizuho Securities downgraded Qorvo to a Sell, with a price target of $66.00.

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According to TipRanks, Rakesh is a top 25 analyst with an average return of 57.5% and a 71.20% success rate. Rakesh covers the Technology sector, focusing on stocks such as Micron, Texas Instruments, and ARM Holdings PLC ADR.

Currently, the analyst consensus on Qorvo is a Hold with an average price target of $85.50.

Based on Qorvo’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $992.96 million and a net profit of $164.06 million. In comparison, last year the company earned a revenue of $916.32 million and had a net profit of $41.27 million

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QRVO in relation to earlier this year. Most recently, in February 2026, John Harding, a Director at QRVO sold 1,200.00 shares for a total of $99,192.00.

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