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Qorvo (QRVO)
NASDAQ:QRVO
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QRVO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.35 - $130.99
Previous Close$65.61
Volume1.89M
Average Volume (3M)1.57M
Market Cap
$6.20B
Enterprise Value$7.07B
Total Cash (Recent Filing)$1.10B
Total Debt (Recent Filing)$1.96B
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Jan 29, 2025EPS Estimate
$1.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.46
Shares Outstanding94,526,698
10 Day Avg. Volume1,819,501
30 Day Avg. Volume1,570,204
Standard Deviation0.12
R-Squared0.45
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.82
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)12.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.79
Enterprise Value/Gross Profit4.75
Enterprise Value/Ebitda18.95
Forecast
1Y Price Target
$88.36Price Target Upside34.67% Upside
Rating ConsensusHold
Number of Analyst Covering19
Qorvo News
Bulls Say, Bears Say
Bulls Say
Automotive And IoT GrowthQorvo noted automotive design wins for VX and RF, which are expected to contribute positively in the future.
Defense And Aerospace GrowthHigh Performance Analog (HPA) came in stronger than expected, driven by record Defense and Aerospace design activity.
Valuation And Market PotentialThe valuation of QRVO is at multi-year lows compared to the SOXX, indicating a compelling risk/reward potential if mobile sentiment improves.
Bears Say
Market CompetitionThe competition in entry tier 5G phones highlights a more competitive dynamic in RF that is likely to intensify, affecting QRVO's diversification plans.
Product Mix ShiftFull-year revenue estimates are down year-over-year due to an unfavorable shift in the Android product mix.
Revenue ExpectationsQorvo's December quarter guidance is weaker than expected, with a significant revenue decline compared to consensus estimates.
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Ownership Overview
0.64% Insiders
24.56% Mutual Funds
17.25% Other Institutional Investors
21.62% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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QRVO FAQ
What was Qorvo’s price range in the past 12 months?
Qorvo lowest stock price was $65.35 and its highest was $130.99 in the past 12 months.
What is Qorvo’s market cap?
Currently, no data Available
When is Qorvo’s upcoming earnings report date?
Qorvo’s upcoming earnings report date is Jan 29, 2025 which is in 73 days.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Oct 29, 2024. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.847 by $0.033.
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 $1.21.
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 $1.88 in its last earnings report, beating expectations of $1.847. Following the earnings report the stock price went down -27.309%.
Which hedge fund is a major shareholder of Qorvo?
Among the largest hedge funds holding Qorvo’s share is Vulcan Value Partners, Llc. It holds Qorvo’s shares valued at 219M.
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Qorvo Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$88.36 (34.67% Upside)
$88.36 (34.67% Upside)
Blogger Sentiment
Bullish
QRVO Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $237.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.08%
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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QRVO Earnings Call
Q2 2024
0:00 / 0:00
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QRVO Revenue Breakdown
73.27% ACG
15.20% HPA
11.53% CSG
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QRVO Stock 12 Month Forecast
Average Price Target
$88.36
▲(34.67% Upside)
Technical Analysis
Best Analysts Covering QRVO
1 Year
1 Year Success Rate
17/29 ratings generated profit
1 Year Average Return
+9.54%
assigned a buy rating 18 days 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 +9.54% per trade.
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