Shares of Qorvo Inc (Symbol: QRVO) have recently surpassed the average analyst 12-month target price of $101.12, trading at $101.27 per share. The average target is derived from 17 analysts, with targets ranging from $80.00 to $140.00 and a standard deviation of $16.147. This milestone prompts investors to reassess whether the current valuation is sustainable or if it’s time to take profits.
As for analyst ratings, Qorvo Inc currently has 2 strong buy ratings, 1 buy rating, 12 hold ratings, 1 sell rating, and 1 strong sell rating. The average rating stands at 2.88 on a scale where 1 indicates a strong buy and 5 indicates a strong sell.
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