Qorvo Future Growth
Future criteria checks 3/6
Qorvo is forecast to grow earnings and revenue by 61.3% and 3.6% per annum respectively. EPS is expected to grow by 61% per annum. Return on equity is forecast to be 18.8% in 3 years.
Key information
61.3%
Earnings growth rate
61.0%
EPS growth rate
Semiconductor earnings growth | 28.8% |
Revenue growth rate | 3.6% |
Future return on equity | 18.8% |
Analyst coverage | Good |
Last updated | 06 Dec 2024 |
Recent future growth updates
Recent updates
The Returns At Qorvo (NASDAQ:QRVO) Aren't Growing
Nov 22Qorvo Resets Its Markets
Nov 21Upgrading Qorvo To A Buy: Time To Restart The Engine
Nov 01Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) 30% Price Drop
Nov 01Qorvo, Inc.'s (NASDAQ:QRVO) Prospects Need A Boost To Lift Shares
Sep 08The Head-Scratching, Less-Than-Stellar Guidance From Qorvo
Aug 25Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Aug 11There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital
Jul 15Qorvo: Anchored To A Lacking Smartphone Market - Sell
May 30Qorvo: Report Yields A Clearer Picture For The Company And Mobile Devices (Rating Downgrade)
May 07Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$95.67?
May 03Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S
Apr 15Qorvo (NASDAQ:QRVO) Has A Pretty Healthy Balance Sheet
Mar 27Qorvo: Not My Cup Of Tea During Smartphone Downturn - Initiating With A Sell
Mar 12Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 39% Undervaluation?
Feb 20Growing Richer With Qorvo
Feb 09Qorvo: Riding The Microchip Rebound (SA Quant)
Jan 26Capital Allocation Trends At Qorvo (NASDAQ:QRVO) Aren't Ideal
Jan 15Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Dec 26Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2027 | 4,222 | 463 | 722 | 943 | 13 |
3/31/2026 | 3,890 | 309 | 514 | 711 | 25 |
3/31/2025 | 3,677 | 10 | 294 | 471 | 22 |
9/28/2024 | 3,948 | -141 | 774 | 904 | N/A |
6/29/2024 | 4,005 | -26 | 743 | 869 | N/A |
3/30/2024 | 3,770 | -70 | 706 | 833 | N/A |
12/30/2023 | 3,461 | -211 | 568 | 696 | N/A |
9/30/2023 | 3,131 | -100 | 304 | 441 | N/A |
7/1/2023 | 3,185 | -9 | 460 | 615 | N/A |
4/1/2023 | 3,569 | 103 | 684 | 843 | N/A |
12/31/2022 | 4,103 | 454 | 948 | 1,124 | N/A |
10/1/2022 | 4,474 | 686 | 812 | 1,003 | N/A |
7/2/2022 | 4,571 | 817 | 789 | 981 | N/A |
4/2/2022 | 4,646 | 1,033 | 836 | 1,049 | N/A |
1/1/2022 | 4,552 | 1,120 | 866 | 1,106 | N/A |
10/2/2021 | 4,533 | 1,105 | 1,167 | 1,393 | N/A |
7/3/2021 | 4,338 | 922 | 1,207 | 1,429 | N/A |
4/3/2021 | 4,015 | 734 | 1,115 | 1,302 | N/A |
1/2/2021 | 3,730 | 485 | 969 | 1,113 | N/A |
10/3/2020 | 3,505 | 446 | 861 | 1,010 | N/A |
6/27/2020 | 3,251 | 392 | 759 | 903 | N/A |
3/28/2020 | 3,239 | 334 | 782 | 946 | N/A |
12/28/2019 | 3,132 | 345 | 754 | 919 | N/A |
9/28/2019 | 3,096 | 254 | 755 | 951 | N/A |
6/29/2019 | 3,173 | 203 | 765 | 992 | N/A |
3/30/2019 | 3,090 | 133 | 589 | 810 | N/A |
12/29/2018 | 3,075 | 59 | 664 | 882 | N/A |
9/29/2018 | 3,088 | -43 | 628 | 819 | N/A |
6/30/2018 | 3,025 | -40 | N/A | 824 | N/A |
3/31/2018 | 2,974 | -40 | N/A | 853 | N/A |
12/30/2017 | 2,951 | 28 | N/A | 841 | N/A |
9/30/2017 | 2,932 | -17 | N/A | 791 | N/A |
7/1/2017 | 2,975 | -42 | N/A | 821 | N/A |
4/1/2017 | 3,033 | -17 | N/A | 777 | N/A |
12/31/2016 | 2,998 | -97 | N/A | 689 | N/A |
10/1/2016 | 2,792 | -29 | N/A | 687 | N/A |
7/2/2016 | 2,636 | -37 | N/A | 606 | N/A |
4/2/2016 | 2,611 | -29 | N/A | 688 | N/A |
1/2/2016 | 2,638 | 2 | N/A | 667 | N/A |
10/3/2015 | 2,414 | 101 | N/A | 521 | N/A |
6/27/2015 | 2,068 | 160 | N/A | 411 | N/A |
3/28/2015 | 1,711 | 196 | N/A | 306 | N/A |
12/27/2014 | 1,332 | 189 | N/A | 199 | N/A |
9/27/2014 | 1,224 | 107 | N/A | 197 | N/A |
6/28/2014 | 1,172 | 50 | N/A | 160 | N/A |
3/29/2014 | 1,148 | 13 | N/A | 131 | N/A |
12/28/2013 | 1,173 | -2 | N/A | 110 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QRVO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: QRVO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: QRVO is expected to become profitable in the next 3 years.
Revenue vs Market: QRVO's revenue (3.6% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: QRVO's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QRVO's Return on Equity is forecast to be low in 3 years time (18.8%).