Skyworks clears merger and sets Qorvo stock for closing

Published on 10/01/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The deal is expected to close on October 5, 2026. Qorvo stock costs EUR 101.40 on October 1, 2026 after EUR 101.04, plus 0.36 percent.

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. (ISIN US74736K1016) was trading at EUR 101.40 at Lang & Schwarz on October 1, 2026 at 3:09 p.m. CEST, up 0.36 percent versus the prior close of EUR 101.04. According to Nasdaq on September 30, 2026, Skyworks said it had received all necessary regulatory clearances for its combination with Qorvo and expected the deal to close on October 5, 2026, subject to remaining customary conditions.

Merger moves into closing phase

The expected October 5 closing gives Qorvo stock a concrete near-term corporate milestone. The related exchange offers for Qorvo notes are expected to expire at 5:00 p.m. New York City time on October 2, 2026, although Skyworks said it expects to extend them until after the merger closes, according to Nasdaq.

The transaction remains conditional rather than completed. That distinction matters because the same Nasdaq release says the closing depends on satisfaction or waiver of customary conditions, while the exchange offers themselves do not determine whether the mergers close.

Quarterly beat meets revenue decline

Qorvo's latest reported quarter delivered USD 784.79 million in revenue, down 4.20 percent from the same quarter a year earlier. MarketBeat reported that adjusted earnings per share reached USD 1.64 in the quarter versus the USD 1.11 consensus, a USD 0.53 difference.

That combination is the central operating tension: profitability exceeded expectations while revenue contracted year over year. MarketBeat also reported a consensus Hold rating from 18 brokerages, with 14 Hold ratings, three Buys and one Sell, and an average 12-month target of USD 94.00.

Euro quote and valuation context

Qorvo's market capitalization was USD 10.1 billion as of September 30, 2026, while the 52-week Nasdaq range was USD 74.92 to USD 121.09. The euro quote from Lang & Schwarz was EUR 101.40 on October 1, 2026 at 3:09 p.m. CEST, compared with its EUR 101.04 prior close.

The further course of trading is shown by the continuously updated real-time quote of Qorvo stock.