Why These 15 Stocks Are Skyrocketing in 2025

Page 3 of 14

12. Qorvo Inc (NASDAQ:QRVO)

Number of Hedge Fund Holders In Q3 2024: 40

Qorvo Inc (NASDAQ:QRVO) is a semiconductor company. It also has power management tools and transistors.

The stock has risen sharply after Starboard Value disclosed a 7.7% stake in this stock worth over $500 million. The company is known for making operational changes that tend to increase share prices. This is why QRVO stock moved higher on speculation that this fund could improve margin and make operations more efficient down the line.

Market sentiment improved significantly again after Morgan Stanley upgraded the stock from “Equal Weight” to “Overweight.” Some analysts also think that any turnaround effort will succeed, as Starboard engaged with Qorvo’s predecessor TriQuint in the past.

Analysts have a consensus price target of $85.5 on the stock, implying 3.66% downside.

QRVO is up 26.8% year-to-date.

Page 3 of 14