Qorvo stock rises 1.31 percent as merger terms drive trading

Published on 09/23/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qorvo stock closed at USD 118.75 on September 22, 2026, after gaining 23 percent in one month. The Skyworks deal values each share at USD 32.50 plus 0.960 shares.

HF-Halbleiterchip auf grüner Platine mit Golddrähten, fotorealistische Nahaufnahme — Qorvo Inc. (US74736K1016) stellt HF-Chips her, hier fotorealistisch auf einer Platine montiert dargestellt, Illustration mit AI erstellt.

Qorvo Inc. (US74736K1016) closed at USD 118.75 on Nasdaq on September 22, 2026, up 1.31 percent from the previous close. The shares had gained 23 percent over the preceding month, making the pending Skyworks transaction the central company-specific trading factor.

Merger terms shape the price

The share move is notable because Qorvo's market value is being assessed alongside a fixed transaction structure. According to AD HOC NEWS on September 22, 2026, the proposed consideration values each Qorvo share at USD 32.50 in cash plus 0.960 Skyworks shares, subject to closing.

The same transaction also introduces execution risk. According to AD HOC NEWS on September 22, 2026, remaining regulatory approvals were still required, so the final value depends on both the exchange ratio and Skyworks' share price when the deal closes.

Stock near the yearly high

Qorvo's September 22 close stood USD 2.01 below the reported 52-week high of USD 120.76 and USD 43.83 above the 52-week low of USD 74.92. The USD 45.84 range shows how sharply the stock's trading band has widened around the transaction narrative.

The market comparison is equally clear: Qorvo gained 1.31 percent in the September 22 session, while the Nasdaq Composite rose 0.45 percent. Qorvo therefore outperformed the technology-heavy index by 0.86 percentage points in that session, while its 23 percent monthly gain provided the stronger context for the move.

Index change adds a counter-factor

On September 23, 2026, Simply Wall St reported that Qorvo had been removed from the PHLX Semiconductor Sector Index. The change may affect exposure through sector ETFs and passive products, while the article identified handset exposure and execution in diversification as risks to revenue volatility and margins.

Simply Wall St also described Qorvo's market value as about USD 10.3 billion on September 23, 2026, and cited a fair value estimate of USD 91.46. That estimate sits USD 27.29 below the September 22 close, a quantified valuation counterpoint to the merger-driven price level.

Qorvo stock closes at USD 118.75

Qorvo stock closed at USD 118.75 on Nasdaq on September 22, 2026, with a daily gain of 1.31 percent. The price was below the 52-week high of USD 120.76 and above the 52-week low of USD 74.92.