Qrvo stock price forecast recent trading volumes underpin an

Recent trading volumes underpin an optimistic "QRVO stock price forecast", with average daily turnover up 15%, indicating heightened interest. Short interest dropped to 4.1%, reflecting reduced bearish sentiment in the semiconductor segment. How far off is Qorvo, Inc. ( NASDAQ:QRVO ) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. This will be done using the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. Here’s a breakdown of recent trading of $QRVO stock by members of Congress over the last 6 months: Fundamentally, the "QRVO stock price forecast" rests on solid backlog orders in high-frequency solutions. This backlog covers nearly 75% of expected H2 revenue, mitigating short-term volatility from weaker consumer electronics sales.