Qorvo, Inc. (QRVO)
- Previous Close
99.49 - Open
98.85 - Bid 102.29 x 500
- Ask 102.52 x 500
- Day's Range
98.85 - 103.50 - 52 Week Range
80.62 - 121.65 - Volume
1,530,860 - Avg. Volume
1,259,084 - Market Cap (intraday)
9.794B - Beta (5Y Monthly) 1.44
- PE Ratio (TTM)
-- - EPS (TTM)
-0.72 - Earnings Date Jul 31, 2024 - Aug 5, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
110.25
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. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. It also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.
www.qorvo.comRecent News: QRVO
Performance Overview: QRVO
Trailing total returns as of 6/10/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: QRVO
Valuation Measures
Market Cap
9.51B
Enterprise Value
10.47B
Trailing P/E
--
Forward P/E
15.60
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.57
Price/Book (mrq)
2.68
Enterprise Value/Revenue
2.78
Enterprise Value/EBITDA
22.58
Financial Highlights
Profitability and Income Statement
Profit Margin
-1.87%
Return on Assets (ttm)
3.91%
Return on Equity (ttm)
-1.89%
Revenue (ttm)
3.77B
Net Income Avi to Common (ttm)
-70.32M
Diluted EPS (ttm)
-0.72
Balance Sheet and Cash Flow
Total Cash (mrq)
1.03B
Total Debt/Equity (mrq)
57.76%
Levered Free Cash Flow (ttm)
573.4M
Research Analysis: QRVO
Company Insights: QRVO
QRVO does not have Company Insights
Research Reports: QRVO
Beats expectations; reiterating HOLD on valuation
Qorvo Inc. is a semiconductor company that develops and commercializes technologies and products for wireless and wired connectivity worldwide. Qorvo is a leading provider of RF solutions, and is leveraging its strong position in mobility into diversified end markets. The company operates through three segments: High-Performance Analog, Connectivity & Sensors Group, and Advanced Cellular Group.
RatingPrice TargetU.S. stocks rose on Thursday ahead of the April jobs report due out on Friday.
U.S. stocks rose on Thursday ahead of the April jobs report due out on Friday. Apple (AAPL) rose 6% after hours when it announced a $110 billion stock buyback plan. The two-year Treasury yield fell to 4.889% while the 10-year yield was down to 4.58%. The Dow was up 0.9%, the S&P 500 gained 0.9% and the Nasdaq rose 1.5%. Crude oil traded above $79 per barrel and gold rose $3 to $2313 per ounce.
Qorvo Earnings: Maintaining $128 Fair Value Estimate Despite Near-Term Inventory Headwinds
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world’s most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
RatingPrice TargetQorvo Earnings: Maintaining $128 Fair Value Estimate Despite Near-Term Inventory Headwinds
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world’s most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
RatingPrice Target