Qorvo (QRVO) Receives a Hold from J.P. Morgan
J.P. Morgan analyst Peter Peng maintained a Hold rating on Qorvo today and set a price target of $100.00.
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Peng covers the Technology sector, focusing on stocks such as Amkor, Skyworks Solutions, and Silicon Laboratories. According to TipRanks, Peng has an average return of 62.1% and a 68.97% success rate on recommended stocks.
In addition to J.P. Morgan, Qorvo also received a Hold from UBS’s Timothy Arcuri in a report issued today. However, yesterday, Craig-Hallum maintained a Buy rating on Qorvo (NASDAQ: QRVO).
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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