Qorvo, Inc. (QRVO)

Qorvo's stock price was impacted by two main events. The Q3 2026 earnings report showed that Qorvo reported earnings of $2.17 per share, surpassing estimates, but the stock fell due to disappointing Q4 2026 revenue guidance. Qorvo and Skyworks Solutions received a "Second Request" from the FTC regarding their proposed merger, extending the antitrust waiting period and potentially delaying the deal's closure.

Qorvo's revenue fluctuates based on consumer demand, customer device launches, macroeconomic effects, and the introduction of next-generation technologies. The company's Q4 2026 outlook reflected a normal seasonal decline from its largest customer.

Qorvo, Inc. specializes in high-performance radio frequency (RF) solutions for wireless devices, networks, and applications. The company designs, manufactures, and supplies RF, analog, and mixed-signal semiconductor solutions, including integrated front-end modules (FEMs), power amplifiers and RF switches. Qorvo operates through three segments: High Performance Analog (HPA) focusing on RF solutions for defense and infrastructure; Connectivity and Sensors Group (CSG) supplying connectivity and sensor solutions for smart home and industrial automation; and Advanced Cellular Group (ACG) providing RF solutions for mobile devices.

Qorvo has a widespread global presence, with engineering and manufacturing facilities in North America, Europe, and Asia. Its sales and engineering support network serves markets in the United States, China, Asia, Taiwan, and Europe.

Qorvo was recognized by HONOR for outstanding quality performance in December 2025. The company maintains a reputation for providing innovative and high-performance RF and power solutions. No significant negative events impacting Qorvo's brand reputation were identified.

Qorvo's ownership is mainly public shareholders, with significant institutional investors including BlackRock, Inc., The Vanguard Group, Inc., Starboard Value LP, State Street Global Advisors, Inc., FIL Ltd, and Dimensional Fund Advisors LP. Insider trading activity has shown some sales by company executives.