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Qorvo NasdaqGS:QRVO Stock Report

Last Price

US$114.70

Market Cap

US$11.1b

7D

6.4%

1Y

27.0%

Updated

25 Apr, 2024

Data

Company Financials +

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
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for QRVO from our risk checks.

Qorvo, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qorvo
Historical stock prices
Current Share PriceUS$114.70
52 Week HighUS$121.65
52 Week LowUS$80.62
Beta1.56
1 Month Change1.83%
3 Month Change10.63%
1 Year Change26.98%
3 Year Change-42.52%
5 Year Change49.45%
Change since IPO1,398.07%

Recent News & Updates

Recent updates

Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S

Apr 15
Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S

Qorvo (NASDAQ:QRVO) Has A Pretty Healthy Balance Sheet

Mar 27
Qorvo (NASDAQ:QRVO) Has A Pretty Healthy Balance Sheet

Qorvo: Not My Cup Of Tea During Smartphone Downturn - Initiating With A Sell

Mar 12

Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 39% Undervaluation?

Feb 20
Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 39% Undervaluation?

Growing Richer With Qorvo

Feb 09

Qorvo: Riding The Microchip Rebound (SA Quant)

Jan 26

Capital Allocation Trends At Qorvo (NASDAQ:QRVO) Aren't Ideal

Jan 15
Capital Allocation Trends At Qorvo (NASDAQ:QRVO) Aren't Ideal

Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?

Dec 26
Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?

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

Dec 08
Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?

Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 48% Discount?

Oct 23
Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 48% Discount?

Some Investors May Be Worried About Qorvo's (NASDAQ:QRVO) Returns On Capital

Oct 04
Some Investors May Be Worried About Qorvo's (NASDAQ:QRVO) Returns On Capital

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

Shareholder Returns

QRVOUS SemiconductorUS Market
7D6.4%-3.0%1.2%
1Y27.0%91.3%24.9%

Return vs Industry: QRVO underperformed the US Semiconductor industry which returned 91.3% over the past year.

Return vs Market: QRVO exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is QRVO's price volatile compared to industry and market?
QRVO volatility
QRVO Average Weekly Movement4.8%
Semiconductor Industry Average Movement7.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: QRVO has not had significant price volatility in the past 3 months.

Volatility Over Time: QRVO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19578,500Bob Bruggeworthwww.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$11.07b
Earnings (TTM)-US$211.47m
Revenue (TTM)US$3.46b

3.2x

P/S Ratio

-52.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QRVO income statement (TTM)
RevenueUS$3.46b
Cost of RevenueUS$2.18b
Gross ProfitUS$1.29b
Other ExpensesUS$1.50b
Earnings-US$211.47m

Last Reported Earnings

Dec 30, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-2.19
Gross Margin37.14%
Net Profit Margin-6.11%
Debt/Equity Ratio55.8%

How did QRVO perform over the long term?

See historical performance and comparison
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