Why Qorvo Stock Just Crashed 25%

Qorvo stock got a lot cheaper today, but isn't yet "cheap." Smartphone chipmaker Qorvo (QRVO -27.08%) crashed 25.5% through 10:55 a.m. ET Wednesday despite beating consensus projections for sales and earnings last night. Heading into its fiscal Q2 2025 earnings report, analysts forecast Qorvo would earn $1.85 per share (pro forma) on $1.03 billion in sales. Qorvo instead reported $1.88 per share in profit and sales of $1.05 billion -- beating on both top and bottom lines. Qorvo stock by the numbers But here ...