Qorvo Guides FY27 Adjusted EPS Above $7, Topping Expectations
QRVO sits 17% above its 52-week low of $74.92.
Summary
Qorvo issued FY27 adjusted EPS guidance above $7, a bullish signal that exceeds typical analyst expectations. This is the first forward-looking profit target since the company halted guidance in May due to the pending Skyworks acquisition. The forecast suggests confidence in standalone earnings power and may influence deal valuation or integration planning. The timeline shows strong FY26 results and a $400M buyback, but this new guidance adds a concrete profit target for the coming year. Watch for Skyworks' response or any update to merger terms.
At the time of this announcement, QRVO was trading at $87.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $8.1B. The 52-week trading range was $74.92 to $109.49. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.