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Qorvo NasdaqGS:QRVO Stock Report

Last Price

US$70.85

Market Cap

US$6.7b

7D

1.8%

1Y

-37.1%

Updated

22 Dec, 2024

Data

Company Financials +

QRVO Stock Overview

Engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide. More details

QRVO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Qorvo, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Qorvo
Historical stock prices
Current Share PriceUS$70.85
52 Week HighUS$130.99
52 Week LowUS$64.54
Beta1.41
1 Month Change2.31%
3 Month Change-30.66%
1 Year Change-37.08%
3 Year Change-53.41%
5 Year Change-39.36%
Change since IPO825.36%

Recent News & Updates

Recent updates

Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 50% Undervaluation?

Dec 18
Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 50% Undervaluation?

The Returns At Qorvo (NASDAQ:QRVO) Aren't Growing

Nov 22
The Returns At Qorvo (NASDAQ:QRVO) Aren't Growing

Qorvo Resets Its Markets

Nov 21

Upgrading Qorvo To A Buy: Time To Restart The Engine

Nov 01

Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) 30% Price Drop

Nov 01
Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) 30% Price Drop

Qorvo, Inc.'s (NASDAQ:QRVO) Prospects Need A Boost To Lift Shares

Sep 08
Qorvo, Inc.'s (NASDAQ:QRVO) Prospects Need A Boost To Lift Shares

The Head-Scratching, Less-Than-Stellar Guidance From Qorvo

Aug 25

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

Aug 11
Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?

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

Jul 15
There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital

Qorvo: Anchored To A Lacking Smartphone Market - Sell

May 30

Qorvo: Report Yields A Clearer Picture For The Company And Mobile Devices (Rating Downgrade)

May 07

Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$95.67?

May 03
Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$95.67?

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?

Shareholder Returns

QRVOUS SemiconductorUS Market
7D1.8%-1.8%-2.4%
1Y-37.1%70.5%23.3%

Return vs Industry: QRVO underperformed the US Semiconductor industry which returned 70.5% over the past year.

Return vs Market: QRVO underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is QRVO's price volatile compared to industry and market?
QRVO volatility
QRVO Average Weekly Movement8.4%
Semiconductor Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: QRVO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19578,700Bob Bruggeworthwww.qorvo.com

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide. 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 defense and aerospace, and 5G and 6G infrastructure markets.

Qorvo, Inc. Fundamentals Summary

How do Qorvo's earnings and revenue compare to its market cap?
QRVO fundamental statistics
Market capUS$6.70b
Earnings (TTM)-US$141.22m
Revenue (TTM)US$3.95b

1.7x

P/S Ratio

-47.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QRVO income statement (TTM)
RevenueUS$3.95b
Cost of RevenueUS$2.40b
Gross ProfitUS$1.55b
Other ExpensesUS$1.69b
Earnings-US$141.22m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.49
Gross Margin39.29%
Net Profit Margin-3.58%
Debt/Equity Ratio57.5%

How did QRVO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2024/03/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Qorvo, Inc. is covered by 59 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett SimpsonArete Research Services LLP
Tayla-Blair BothaArete Research Services LLP
Cody AcreeAscendiant Capital Markets LLC