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QRVO

Qorvo NasdaqGS:QRVO Stock Report

Last Price

US$94.13

Market Cap

US$9.2b

7D

-1.9%

1Y

14.3%

Updated

23 Sep, 2023

Data

Company Financials +

Qorvo, Inc.

NasdaqGS:QRVO Stock Report

Mkt Cap: US$9.2b

QRVO Stock Overview

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets.

QRVO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 44.5% below our estimate of its fair value
Earnings are forecast to grow 45.11% per year
Analysts in good agreement that stock price will rise by 23.4%

Risk Analysis

No risks detected for QRVO from our risk checks.

Qorvo, Inc. Competitors

Universal Display

NasdaqGS:OLED

US$7.5b

MACOM Technology Solutions Holdings

NasdaqGS:MTSI

US$5.5b

Lattice Semiconductor

NasdaqGS:LSCC

US$11.4b

Skyworks Solutions

NasdaqGS:SWKS

US$15.4b

Price History & Performance

Summary of all time highs, changes and price drops for Qorvo
Historical stock prices
Current Share PriceUS$94.13
52 Week HighUS$114.59
52 Week LowUS$75.38
Beta1.44
1 Month Change-5.62%
3 Month Change-3.28%
1 Year Change14.35%
3 Year Change-25.07%
5 Year Change22.42%
Change since IPO1,129.41%

Recent News & Updates

Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden

Sep 14
Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden

At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?

Aug 05
At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?

Recent updates

Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden

Sep 14
Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden

At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?

Aug 05
At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?

Calculating The Fair Value Of Qorvo, Inc. (NASDAQ:QRVO)

Jul 04
Calculating The Fair Value Of Qorvo, Inc. (NASDAQ:QRVO)

Qorvo (NASDAQ:QRVO) Is Looking To Continue Growing Its Returns On Capital

Jun 19
Qorvo (NASDAQ:QRVO) Is Looking To Continue Growing Its Returns On Capital

Is Qorvo (NASDAQ:QRVO) A Risky Investment?

May 09
Is Qorvo (NASDAQ:QRVO) A Risky Investment?

What Does Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Indicate?

Apr 23
What Does Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Indicate?

Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 34% Discount?

Mar 29
Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 34% Discount?

The Return Trends At Qorvo (NASDAQ:QRVO) Look Promising

Mar 17
The Return Trends At Qorvo (NASDAQ:QRVO) Look Promising

Here's Why Qorvo (NASDAQ:QRVO) Can Manage Its Debt Responsibly

Jan 29
Here's Why Qorvo (NASDAQ:QRVO) Can Manage Its Debt Responsibly

Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?

Jan 16
Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?

Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 49% Undervaluation?

Dec 06
Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 49% Undervaluation?

Some Qorvo, Inc. (NASDAQ:QRVO) Analysts Just Made A Major Cut To Next Year's Estimates

Nov 12
Some Qorvo, Inc. (NASDAQ:QRVO) Analysts Just Made A Major Cut To Next Year's Estimates

There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital

Oct 13
There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital

Is Qorvo (NASDAQ:QRVO) Using Too Much Debt?

Sep 28
Is Qorvo (NASDAQ:QRVO) Using Too Much Debt?

Qorvo CFO sheds interim tag

Aug 30

Is There Now An Opportunity In Qorvo, Inc. (NASDAQ:QRVO)?

Aug 24
Is There Now An Opportunity In Qorvo, Inc. (NASDAQ:QRVO)?

Quivering Qorvo Stopped Quivering Opening Investment Opportunities

Aug 22

Qorvo: Around The Sweet Spot

Aug 13

Qorvo wins FDA nod for COVID-19 rapid antigen test in POC settings

Aug 04

We Ran A Stock Scan For Earnings Growth And Qorvo (NASDAQ:QRVO) Passed With Ease

Jul 25
We Ran A Stock Scan For Earnings Growth And Qorvo (NASDAQ:QRVO) Passed With Ease

Returns Are Gaining Momentum At Qorvo (NASDAQ:QRVO)

Jul 12
Returns Are Gaining Momentum At Qorvo (NASDAQ:QRVO)

Quivering Qorvo Not Yet Ready

Jul 07

These 4 Measures Indicate That Qorvo (NASDAQ:QRVO) Is Using Debt Safely

Jun 28
These 4 Measures Indicate That Qorvo (NASDAQ:QRVO) Is Using Debt Safely

Qorvo, Skyworks: Demand Challenges Ahead

Jun 25

What Is Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Doing?

Apr 29
What Is Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Doing?

Is Qorvo A Good 5G Pick?

Apr 22

Returns At Qorvo (NASDAQ:QRVO) Are On The Way Up

Apr 11
Returns At Qorvo (NASDAQ:QRVO) Are On The Way Up

Qorvo: Market Expectations Remain At Unrealistically Elevated Levels For Free Cash Flow

Apr 04

Do Qorvo's (NASDAQ:QRVO) Earnings Warrant Your Attention?

Mar 30
Do Qorvo's (NASDAQ:QRVO) Earnings Warrant Your Attention?

Qorvo, Inc.: An Unusual Buy

Feb 16

Shareholder Returns

QRVOUS SemiconductorUS Market
7D-1.9%-4.1%-3.1%
1Y14.3%63.3%15.1%

Return vs Industry: QRVO underperformed the US Semiconductor industry which returned 63.3% over the past year.

Return vs Market: QRVO matched the US Market which returned 15.1% over the past year.

Price Volatility

Is QRVO's price volatile compared to industry and market?
QRVO volatility
QRVO Average Weekly Movement4.3%
Semiconductor Industry Average Movement5.8%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: QRVO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: QRVO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19578,500Bob Bruggeworthhttps://www.qorvo.com

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.

Qorvo, Inc. Fundamentals Summary

How do Qorvo's earnings and revenue compare to its market cap?
QRVO fundamental statistics
Market CapUS$9.22b
Earnings (TTM)-US$9.31m
Revenue (TTM)US$3.19b

2.9x

P/S Ratio

-989.7x

P/E Ratio

Is QRVO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
QRVO income statement (TTM)
RevenueUS$3.19b
Cost of RevenueUS$1.97b
Gross ProfitUS$1.22b
Other ExpensesUS$1.23b
Earnings-US$9.31m

Last Reported Earnings

Jul 01, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.095
Gross Margin38.19%
Net Profit Margin-0.29%
Debt/Equity Ratio53.7%

How did QRVO perform over the long term?

See historical performance and comparison