Qorvo Inc. (QRVO) shares witnessed a volatile session on Wednesday after the company posted better-than-expected earnings for its fourth quarter of fiscal 2024 but disappointed investors with revenue expectations from its largest customer.

Qorvo Inc (NASDAQ:QRVO) shares jumped more than 18% in aftermarket trading after its third-quarter earnings beat Wall Street estimates. Company reported adjusted earnings per share of $1.61, beating the consensus of $1.

Qorvo (QRVO – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Krish Sankar from TD Cowen

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors

Qorvo is anticipated to release earnings for the 2024 fiscal-year third-quarter on Tuesday after the market closes.

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GREENSBORO, N.C. (AP) — GREENSBORO, N.C. (AP) — Qorvo Inc. (QRVO) on Tuesday reported fiscal third-quarter net income of $41.3 million. On a per-share basis, the Greensboro, North Carolina-based company said it had profit of 43 cents. Earnings, adjusted for one-time gains and costs, were $1.61 per share.

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.

The most talked about and market moving research calls around Wall Street are now in one place ... Top 5 Upgrades: Piper Sandler upgraded Qorvo (QRVO) to Overweight from Neutral with a price ...

Wall Street analysts expect Qorvo (QRVO) to post quarterly earnings of $1.20 per share in its upcoming report, which indicates a year-over-year decline of 42.9%. Revenues are expected to be $901.32 million,

Based on the forecast of one Wall Street analyst, two of the hottest quantum computing stocks could plummet by 54% and 80%, respectively. History, utility, and operating performance are all headwinds for high-flying quantum computing stocks.