Qorvo stock price forecast the Qorvo stock price forecast reflects

The Qorvo stock price forecast reflects anticipated growth in aerospace and defense contracts, potentially adding $150M to annual revenue streams. It is hard to get excited after looking at Qorvo's (NASDAQ:QRVO) recent performance, when its stock has declined 16% over the past month. We, however decided to study the company's financials to determine if they have got anything to do with the price decline. Stock prices are usually driven by a company’s financial performance over the long term, and therefore we decided to pay more attention to the company's financial performance. Specifically, we decided to study Qorvo's ROE in this article. Shares of semiconductor supplier Qorvo , which counts on Apple for an outsized amount of revenue, plunged in extended trading after the company warned of potentially flat sales to its "largest customer." The Qorvo stock price forecast integrates AI and IoT growth prospects, with analysts expecting design wins in automotive radar systems to contribute incremental revenues by late