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Qorvo (DE:2QO)
FRANKFURT:2QO
Holding DE:2QO?
Track your performance easily
2QO Stock Chart & Stats
Day’s Range― - ―
52-Week Range€61.06 - €118.22
Previous CloseN/A
Volume11.00
Average Volume (3M)30.00
Market Cap
$6.61B
Enterprise Value€10.70B
Total Cash (Recent Filing)$545.46M
Total Debt (Recent Filing)$989.15M
Price to Earnings (P/E)―
Beta0.86
Next Earnings
Jan 28, 2025EPS Estimate
1.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.46
Shares Outstanding94,526,695
10 Day Avg. Volume70
30 Day Avg. Volume30
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.72
Price to Cash Flow (P/CF)13.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.62
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit7.19
Enterprise Value/Ebitda28.68
Forecast
1Y Price Target
€83.65Price Target Upside19.77% Upside
Rating ConsensusHold
Number of Analyst Covering19
Qorvo News
PremiumCompany Announcements
Qorvo Board Member David H.Y. Ho to Retire
Bulls Say, Bears Say
Bulls Say
Financial PerformanceHigh Performance Analog (HPA) came in stronger than expected, driven by record Defense and Aerospace design activity.
Growth OpportunitiesGrowth opportunities in Aero/Defense, IoT, and Auto are promising.
Valuation And Market SentimentThe valuation of QRVO is at multi-year lows compared to the SOXX, indicating a compelling risk/reward potential if mobile sentiment improves.
Bears Say
Financial PerformanceQorvo's December quarter guidance is weaker than expected, with a significant revenue decline compared to consensus estimates.
Market DynamicsThe consumer-driven decline in the mid-tier Android market could result in several hundred million dollars of lost annual revenue.
Smartphone Market ChallengesQRVO is facing issues in their smartphone business due to a shift towards more competitive entry tier Android phones and unfavorable content trends in premium tiers.
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Options Prices
Currently, No data available
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Ownership Overview
0.63% Insiders
23.71% Mutual Funds
1.00% Other Institutional Investors
27.79% Public Companies and Individual Investors
2QO FAQ
What was Qorvo’s price range in the past 12 months?
Qorvo lowest stock price was €61.06 and its highest was €118.22 in the past 12 months.
What is Qorvo’s market cap?
Qorvo’s market cap is $6.61B.
When is Qorvo’s upcoming earnings report date?
Qorvo’s upcoming earnings report date is Jan 28, 2025 which is in 13 days.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Oct 29, 2024. The company reported €1.816 earnings per share for the quarter, beating the consensus estimate of €1.784 by €0.032.
Is Qorvo overvalued?
According to Wall Street analysts Qorvo’s price is currently Undervalued.
Does Qorvo pay dividends?
Qorvo does not currently pay dividends.
What is Qorvo’s EPS estimate?
Qorvo’s EPS estimate is 1.18.
How many shares outstanding does Qorvo have?
Qorvo has 94,526,695 shares outstanding.
What happened to Qorvo’s price movement after its last earnings report?
Qorvo reported an EPS of €1.816 in its last earnings report, beating expectations of €1.784. Following the earnings report the stock price went down -10.15%.
Which hedge fund is a major shareholder of Qorvo?
Currently, no hedge funds are holding shares in DE:2QO
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Qorvo Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€83.65 (19.77% Upside)
€83.65 (19.77% Upside)
Blogger Sentiment
Bullish
DE:2QO Sentiment 100%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.70%
12-Months-Change
Fundamentals
Return on Equity
-3.91%
Trailing 12-Months
Asset Growth
-3.21%
Trailing 12-Months
Company Description
Qorvo
Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.
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2QO Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and performance in HPA and CSG segments, alongside significant automotive and defense design wins. However, the challenges in the Android ecosystem and reduced revenue outlook dampened the overall positive sentiment.Read More>---
2QO Revenue Breakdown
73.27% ACG
15.20% HPA
11.53% CSG
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2QO Stock 12 Month Forecast
Average Price Target
€83.65
▲(19.77% Upside)
Technical Analysis
Qorvo
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Skyworks Solutions
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Best Analysts Covering 2QO
1 Year
1 Year Success Rate
17/29 ratings generated profit
1 Year Average Return
+10.21%
assigned a buy rating 3 months ago
Copying Anthony Stoss's trades and holding each position for 1 Year would result in 58.62% of your transactions generating a profit, with an average return of +10.21% per trade.
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