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,
Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard Value has acquired a 7.7% stake in the company.
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Morgan Stanley upgrades Qorvo to Overweight with a $106 price target, projecting $9.63 EPS by 2026 and strong margins through strategic focus.
Qorvo shares rose in early trading Friday after a Wall Street Journal report found that activist investor Starboard Value has built a big stake in the chip maker and is looking to push for changes. Shares rose 7.3% higher in premarket trading at $78.99.
Activist investor Starboard Value has established a sizable stake in Qorvo (QRVO) and is seeking changes to bolster the company’s lagging stock price, the Wall Street Journal’s Lauren Thomas ...
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.
Jan 16 (Reuters) - Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo (QRVO.O), opens new tab, the Wall Street Journal reported on Thursday, citing people familiar with ...
Get a deeper insight into the potential performance of Qorvo (QRVO) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for ...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Morgan Stanley upgraded Ulta Beauty (ULTA) to Overweight from Equal Weight with a price target of $500, up from $430. The firm believes Ulta's share gains within beauty should improve in 2025 from its 2024 bottom, and says the company's sales and margin expectations are reasonable for 2025.