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Qorvo, Inc.Qorvo, Inc.Qorvo, Inc.

Qorvo, Inc.

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QRVO trade ideas

QRVO - FALSE bearish breakdown makes bullish case strongerJust a hasty update; please refer to my previous analisys for price targets and all other details. You can see from the last ten days' action how market makers can manipulate price however they want to pick your pockets and make you abandon winning stocks. I sticked with QRVO even if the main thesis was trading water (due to the breakdown from short-term rising channel), because I have a strong fundamental case on the stock, and, frankly until the 50 dma is lost you can't really jump out of an uptrending stock!!!
NASDAQ:QRVOLong
by dogchasingcogChasingCars
QRVO - Uptrend within uptrend, and it looks goodIn the upper chart you can see QRVO's four and a half years uptrend, which was put to the test during the corona panic and held perfectly. Since then, QRVO has managed to create a secondary rising channel, which was tested several times during the recent consolidation (blue arrows in the lower chart). If this smaller channel holds, it will lead price above all-time highs, for an immediate 9% gain ( the width of last month's consolidation, 118-107= 11 bucks), and I suspect that it could rise much higher in time. Breakouts above all-time highs are always bullish, but when they happen within a well defined and thus sustainable uptrend, they can be fantastic. We'll see how good this will be. Full disclosure: long QRVO at 0.9% of total assets. Given to the fact that I hold several more semiconductor stocks, I'm happy with this allocation for now.
NASDAQ:QRVOLong
by dogchasingcogChasingCars
2
$QRVO Weekly Short Idea | Easy LootBullish Flag | Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. Weekly Play: Short Position Play 1: Estimated time: 10-14 days $105 Put 7/17 @ $235 per contract, looking to flip these at $107 After Play 1: waiting for breakout to grab play 2. Monthly Play: Long Position Play 2: Estimated Time: 21-22 Days $115 Call 8/21: Will update with contract price when entry is right. Do not trade this, I am a 19 year old with no professional experience. DotcomJack Checkout some beautiful reads like this below:
NASDAQ:QRVO
by DotcomJack
$QRVO Jumps on earnings and 5g outlook $125 Target After reporting fiscal Q4 beats, Qorvo (NASDAQ:QRVO) guides Q1 revenue of $710-750M (consensus: $710.01M) and $1.13 EPS at the midpoint with gross margin of approximately 47.5%. Management's coronavirus comment: "While our June quarter guidance reflects the ongoing demand and supply effects of COVID-19, we are encouraged by continued growth in 5G handsets and infrastructure, and we remain confident in the long-term growth drivers of our business." For Q4, the gross margin was 49.6% (consensus: 48.3%), and the operating margin was 26.8% versus the 24.4% estimate. Cash flow from operations totaled $214.3M with FCF of $179.2M. Source seeking alpha
NASDAQ:QRVOLong
by RedHotStocks
$QRVO $111 Price Target Indicators bullish as is price action QRVO has some catch up to perform on the sector. Analysts are positioning on the bullish side pre- earnings Recent upgrade Raymond James and Canaccord Genuity gave Qorvo (NASDAQ: QRVO) a Buy rating last month, the company received another Buy, this time from Needham. Analyst Rajvindra Gill assigned a Buy rating to Qorvo today and set a price target of $150.00. Average analysts rating | Overweight with $113 average target 34 P/e Ratio Company profile Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.
NASDAQ:QRVOLong
by Bullishcharts
QORVO DAILY CHART.A High-quality earnings stock! Qorvo trading at 11.8% below its fair value, Earnings are forecast to grow 33% per year, Earnings grew by 495% over the past year. During the last year, QRVO exceeded the US Semiconductor industry by 22%. From a technical standpoint, if we can stay above support or preferably above the green trend line, further upside should prevail. Caution: Around the 78.70 handle closes the gap, which could provide another great buying opportunity. However below this zone would be considered bearish, with low to mid-60s as the next buying area. Medium to Long term outlook.
NASDAQ:QRVO
by rapidrunners
Qorvo Huge Beat Boosts Stock Qorvo (NASDAQ:QRVO) +10.6% reports Q3 beats where the $1.86 EPS topped the highest consensus estimate. The upside Q4 outlook sees revenue of $800-840M and $1.55 EPS. Q3 gross margin was 49.3%, above the 48% consensus estimate. Cash flow from operations totaled $300.8M with FCF of $260.1M. Source seeking alpha Next leg up takes us to $138 but needs a stronger market. Could test $118 as support if it holds, very bullish Daily RSI has plenty of room to run higher. Demand and guidance very bullish.
NASDAQ:QRVO
by Bullishcharts
QRVO - DAILY CHARTHi, today we are going to talk about the Qorvo Inc and its current landscape. Huawei and its suppliers received exciting news, as the U.S. Commerce Department renewed a 90-day period extension, that grants to American companies’ permission to continue to do business with the giant Chinese telecom companies. Commerce Secretary Wilbur Ross's announcement included that the need for extension was also due to the necessity of some rural communities of the Huawei 3G and 4G networks. The extension should keep the supplying chain going, principally of the Americans ones like Qorvo Inc that have its revenues highly exposed to Huawei demand (11% of its revenue) and have now another quarter of relief from the tension of loose a so significant company like Huawei. The concerning aspect it’s if this extension doesn't lift the results of its supplier on the next quarter, considering that the Chinese company might already be restructuring its supply chain, as the uncertainty created by the ongoing Trade War that ended blacklisting the company on the U.S. The Huawei CEO Ren Zhengfei also already have been clearly vocal that isn't concerned with the U.S decisions and said that Huawei could grow without the U.S markets. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below.
NASDAQ:QRVO
by Igor-Silva