Qorvo (QRVO) Posts Bullish Q3 FY 2026 Results, Tempered Guidance for Q4

Qorvo Inc. (NASDAQ:QRVO) is 1 of the most undervalued stocks to bargain and clasp for 5 years. On January 27, Qorvo Inc. (NASDAQ:QRVO) reported steadfast Q3 FY 2026 results, with gross of $993.0 million, up 8.4% twelvemonth implicit twelvemonth but down 6.2% sequentially and modestly up of consensus. Adjusted EPS of $2.17 besides came successful up of the Street’s $1.86 estimate.

The institution issued its gross guidance for the fiscal 4th quarter, which fell abbreviated of analysts’ existent expectations. The institution expects to study betwixt $775.00 cardinal and $825.00 cardinal successful revenue, beneath analysts’ $903.8 cardinal forecast, and per-share nett of $1.05 to $1.35, conscionable shy of the $1.37 Wall Street is projecting.

Qorvo Inc. (NASDAQ:QRVO) supplies radio-frequency chips to Apple, its largest customer, which accounts for astir fractional of the company’s full revenue. Lower gross expectations hint astatine a “seasonal” diminution successful request from the iPhone maker, according to Qorvo CEO Bob Bruggeworth. The institution is successful the midst of a $22 cardinal cash-and-stock transaction to merge with its larger rival, Skyworks Solutions Inc., a woody announced successful October 2025.

Qorvo Inc. (NASDAQ:QRVO) develops and sells technologies and products for wireless, wired, and powerfulness markets successful the U.S., Asia, and Europe. The company’s services cater to fields specified arsenic defence and aerospace, 5G and 6G infrastructure, and connectivity and sensor technology, among others.

While we admit the imaginable of QRVO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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