Qorvo traded at $100.73 this Monday June 1st, decreasing $2.83 or 2.73 percent since the previous trading session. Looking back, over the last four weeks, Qorvo lost 8.86 percent. Over the last 12 months, its price rose by 31.90 percent. Looking ahead, we forecast Qorvo to be priced at 101.50 by the end of this quarter and at 95.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
Qorvo, Inc. is a provider of technologies and radio frequency (RF) solutions for mobile, defense, and aerospace applications. The Company’s segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). MP is a supplier of cellular, ultra-wideband (UWB), and wireless fidelity (Wi-Fi) solutions for a variety of applications, including smartphones, wearables, laptops, tablets, and the Internet of Things (IoT). IDP is a supplier of radio frequency (RF), system-on-a-chip (SoC), and power management solutions for applications in wireless infrastructure, defense, Wi-Fi, smart home, automotive, and IoT. The MP segment supplies RF solutions to global consumer product companies. The IDP segment supplies a diverse portfolio of products with generally longer life cycles to a range of customers. It operates design, sales, and manufacturing facilities located throughout Asia, Europe, and North America.