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Qorvo, Inc. (QRVO)

112.15 +4.17 (+3.86%)
At close: April 24 at 4:00 PM EDT
110.78 -1.37 (-1.22%)
After hours: April 24 at 7:58 PM EDT
Loading Chart for QRVO
DELL
  • Previous Close 107.98
  • Open 111.03
  • Bid 112.11 x 500
  • Ask 112.18 x 500
  • Day's Range 110.64 - 113.53
  • 52 Week Range 80.62 - 121.65
  • Volume 1,551,347
  • Avg. Volume 1,270,372
  • Market Cap (intraday) 10.828B
  • Beta (5Y Monthly) 1.56
  • PE Ratio (TTM) --
  • EPS (TTM) -2.07
  • Earnings Date May 1, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 116.23

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

www.qorvo.com

8,500

Full Time Employees

April 01

Fiscal Year Ends

Recent News: QRVO

Performance Overview: QRVO

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

QRVO
0.41%
S&P 500
6.33%

1-Year Return

QRVO
20.66%
S&P 500
22.70%

3-Year Return

QRVO
42.17%
S&P 500
21.33%

5-Year Return

QRVO
46.41%
S&P 500
72.88%

Compare To: QRVO

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: QRVO

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    10.43B

  • Enterprise Value

    11.38B

  • Trailing P/E

    --

  • Forward P/E

    14.66

  • PEG Ratio (5yr expected)

    0.45

  • Price/Sales (ttm)

    3.08

  • Price/Book (mrq)

    2.87

  • Enterprise Value/Revenue

    3.29

  • Enterprise Value/EBITDA

    47.91

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -6.11%

  • Return on Assets (ttm)

    1.59%

  • Return on Equity (ttm)

    -5.42%

  • Revenue (ttm)

    3.46B

  • Net Income Avi to Common (ttm)

    -211.47M

  • Diluted EPS (ttm)

    -2.07

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.07B

  • Total Debt/Equity (mrq)

    55.81%

  • Levered Free Cash Flow (ttm)

    549M

Research Analysis: QRVO

Analyst Price Targets

84.00 Low
116.23 Average
112.15 Current
136.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: QRVO

Fair Value

112.15 Current
 

Dividend Score

0 Low
QRVO
Sector Avg.
100 High
 

Hiring Score

0 Low
QRVO
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
QRVO
Sector Avg.
100 High
 

Research Reports: QRVO

  • Analyst Report: Qorvo, Inc.

    Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world’s most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

    Rating
    Price Target
     
  • Analyst Report: Qorvo, Inc.

    Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world’s most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

    Rating
    Price Target
     
  • Analyst Report: Qorvo Inc

    Qorvo Inc. is a semiconductor company that develops and commercializes technologies and products for wireless and wired connectivity worldwide. Qorvo is a leading provider of RF solutions, and is leveraging its strong position in mobility into diversified end markets. The company operates through three segments: High-Performance Analog, Connectivity & Sensors Group, and Advanced Cellular Group.

    Rating
    Price Target
     
  • Market Digest: BA, CMS, GOOGL, HON, LAZ, TSCO, WRB, QRVO

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