Qorvo

QRVO

Market cap $7.28B

NEWBURYPORT, Mass.--(BUSINESS WIRE)-- #Electronics--Rochester Electronics and Qorvo team to extend RF component availability, ensuring long lifecycles and reliable supply for critical applications.

GREENSBORO, N.C., July 13, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced it has been recognized by Northrop Grumman Corporation with a 2026 Supplier Excellence Award for Strategic Excellence.

Smartphone silicon content is quietly repricing. On-device AI, camera stacks and RF complexity are lifting chip dollars per handset just as the next refresh cycle arrives, and the market has already begun pricing the winners.

Qorvo (QRVO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

QRVO's organic growth in defense, aerospace, infrastructure and connectivity is helping diversify revenue beyond smartphones and support long-term gains.

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Qorvo (QRVO) reported earnings 30 days ago. What's next for the stock?

Earnings beats mean a lot more when it happens to stocks the market gave up on.

From a technical perspective, Qorvo, Inc. (QRVO) is looking like an interesting pick, as it just reached a key level of support. QRVO's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.