Qorvo stock rises as merger hopes and Q1 guidance support shares

Qorvo Inc. stock (ISIN US74736K1016) closed at USD 113.97 on September 16, 2026, after a 9.3 percent jump to an estimated USD 118.06 in after-hours reporting. The move came as Zacks said Skyworks Solutions' CEO expressed confidence that the $22 billion Qorvo merger could close by late September or early October on September 16, 2026.

Merger hopes drive the move

For investors, the number that matters is the 9.3 percent advance on September 16, 2026, because it came with a fresh deal-timing comment rather than a broad sector lift. Zacks linked the rally to Skyworks' view that the transaction could close by late September or early October.

That merger backdrop now sits beside a market value of about USD 10.055 billion and a 52-week range of USD 74.92 to USD 120.52, which puts the shares close to the top end of the band. Yahoo Finance also shows a one-year gain of 31.09 percent and a year-to-date gain of 34.86 percent as of September 16, 2026.

Q1 FY27 sets the pace

Yahoo Finance shows Qorvo's Q1 FY27 revenue at USD 784.79 million, with earnings of USD 85.8 million and a profit margin of 10.93 percent. The same snapshot lists actual EPS of USD 1.64 versus an estimate of USD 1.06 for Q1 FY27, a beat of USD 0.58.

The market is also working with a valuation profile that leaves room for debate: Yahoo Finance lists EPS (TTM) at USD 4.16 and a trailing P/E ratio of 27.40. In the same analyst snapshot, UBS maintained a Neutral rating and raised its price target to USD 96 from USD 91 on July 29, 2026.

Price stays near range top

Qorvo stock ended September 16, 2026, at USD 113.97, with a daily range of USD 113.59 to USD 118.18 and volume of 1,777,801 shares on Nasdaq. The company also carried a market capitalization of USD 10.055 billion in the same snapshot.

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