QRVO Forecast + Trading Strategies


Bullish Case: Qorvo's recent deal to supply wireless chips for the iPhone 16 antenna suggests increased demand for its products, along with gradual appreciation over various time horizons, indicating sustained growth potential amid a neutral to positive market sentiment.


Bearish Case: Qorvo faces high market uncertainty with implied volatility above market predictions, a near-flat term structure, and trading at low option volume, which could signal investor caution and potential downside risk.


Potential Outcomes:

1) Increased chip demand from new iPhone deal materializes (60%).

2) Market corrects to Helium's higher implied volatility, causing price drop (40%).


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April 11, 2024


Qorvo Forecast

QRVO        Qorvo
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











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