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-0.00546092835782067 -0.00273046417891033 0.0078663372773372 0.00663112729163965 0.0341958132882591 0.0373163437784424 0.0221037576387986 0.0117019893381876
Stock impact report

Qorvo falls despite 'strong' Q3 as Android weakens outlook, say analysts [Seeking Alpha]

Qorvo, Inc. (QRVO) 
Last qorvo, inc. earnings: 1/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.qorvo.com/investor-relations
Company Research Source: Seeking Alpha
quarter outlook came in below estimates, while analysts remained largely neutral on the stock. Shares of Skyworks Solutions ( SWKS ), which is acquiring Qorvo in a $22B Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Analysts expect a major drop in revenue from the Android business exit, forecasting a $300M decline in fiscal 2027 versus $675M in fiscal 2026, which significantly impacts total revenue outlook. Flat Apple revenue is expected due to the loss of iPhone UHB PAD share (believed to be to Broadcom), offset by content gains in iPads for high band PAD and for internal modem PMICs and MHB share gains. Analysts project Qorvo's fiscal 2027 revenue to be down mid-single-digit percent year-over-year, mainly due to Android declines, with CSG flat and HPA showing double-digit growth. Recommended For You Show less Read more
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