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Market Cap 10.41B P/E 107.18 EPS this Y 1.20% Ern Qtrly Grth -
Income -211.47M Forward P/E 14.46 EPS next Y 26.90% 50D Avg Chg 4.00%
Sales 3.46B PEG 1.80 EPS past 5Y -8.18% 200D Avg Chg 9.00%
Dividend N/A Price/Book 2.74 EPS next 5Y 10.00% 52W High Chg -7.00%
Recommedations 2.80 Quick Ratio 1.24 Shares Outstanding 96.55M 52W Low Chg 41.00%
Insider Own 0.53% ROA 1.59% Shares Float 95.72M Beta 1.56
Inst Own 90.57% ROE -5.42% Shares Shorted/Prior 2.18M/2.39M Price 106.11
Gross Margin 37.14% Profit Margin -6.11% Avg. Volume 1,232,475 Target Price 116.23
Oper. Margin 12.55% Earnings Date May 1 Volume 1,984,689 Change -3.72%
About Qorvo, Inc.

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. 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 automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company 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. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

Qorvo, Inc. News
04/24/24 Qorvo® Announces Date of 2024 Investor Day
04/20/24 Artificial Intelligence (AI) Is Lifting the Smartphone Market: 2 Beaten-Down Stocks to Buy Before They Go on a Bull Run
04/17/24 Qorvo® to Webcast Quarterly Earnings Conference Call on May 1, 2024
04/09/24 Qorvo, Inc.'s (NASDAQ:QRVO) Intrinsic Value Is Potentially 58% Above Its Share Price
04/08/24 Q4 Earnings Roundup: Qualcomm (NASDAQ:QCOM) And The Rest Of The Processors and Graphics Chips Segment
04/04/24 Reflecting On Processors and Graphics Chips Stocks’ Q4 Earnings: Qorvo (NASDAQ:QRVO)
04/02/24 Processors and Graphics Chips Stocks Q4 Earnings Review: Nvidia (NASDAQ:NVDA) Shines
04/01/24 2 Radio Frequency Stocks to Watch in a Prospering Industry
03/28/24 Why Qorvo (QRVO) is a Top Momentum Stock for the Long-Term
03/27/24 20 Biggest Semiconductor Companies in the US
03/25/24 Q4 Earnings Outperformers: Intel (NASDAQ:INTC) And The Rest Of The Processors and Graphics Chips Stocks
03/14/24 Q4 2023 KORU Medical Systems Inc Earnings Call
03/11/24 Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
03/07/24 Dow Jones Futures Rise: Palantir Soars Into Buy Zone, Nvidia Runs, But Beware This
03/04/24 Qorvo, Inc. (QRVO) Hit a 52 Week High, Can the Run Continue?
03/01/24 Qorvo (QRVO) Up 8.3% Since Last Earnings Report: Can It Continue?
02/17/24 25 Most Valuable Semiconductor Companies In The World
02/14/24 Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio
02/13/24 Q2 2024 Akoustis Technologies Inc Earnings Call
02/06/24 3 Semiconductor Stocks to Buy for the Next Bull Run: February 2024
QRVO Chatroom

User Image Stocksrunner Posted - 19 hours ago

Analyst Downgrades on Target Price Achievements 📊 $QRVO hits analyst target price at $112.15/share, possibly prompting a downgrade. $HAS surpasses analyst target price at $65.03/share, may lead to a downgrade. $ETN reaches analyst target price at $318.79/share, watch for potential downgrade. $DPZ hits analyst target price at $487.71/share, downgrade could be imminent. 📈 Stay tuned for market reactions as we head into Friday's trading session!

User Image topstockalerts Posted - 23 hours ago

The list is ranked by how much the forward P/E has changed over the past year, ascending: Nvidia’s forward P/E has declined the most over the past year, even as its share price has nearly tripled. Its forward P/E has declined because rolling 12-month EPS estimates have increased more rapidly than the share price has. And Nvidia’s stock’s current P/E is 76% of its five-year average P/E. It is one of only seven stocks on the list trading below their five-year averages by this measure. $NVDA $INTC $TSM $QRVO

User Image Stock_Titan Posted - 2 days ago

$QRVO Qorvo® Announces Date of 2024 Investor Day https://www.stocktitan.net/news/QRVO/qorvo-r-announces-date-of-2024-investor-i813tosnu9d1.html

User Image dennismccain Posted - 5 days ago

@keivan7024 $QRVO, like many other semis today, generally has a premium built into its shares. When it’s discovered, like in 2021/2022 it can be devastating to investors. Today the shares are moving with only a slightly upward trend (see the chart below). I would guess it’s because earnings are beginning to rebound this year. But longer term that sharp increase isn’t expected to continue. Earnings growth longer term is expected to come in at 10% per year. At best that can only support a price of about $80. So there’s still a premium built into these shares. The bottom support line of that channel is near $85 so if I was interested in owning these shares, that’s where I’d try to enter. But in reality I’d bypass these shares in favor of buying NVDA instead. Or INTC when it drops into the lower $30s. Good luck.

User Image keivan7024 Posted - 5 days ago

@dennismccain hi Dennis, could you please also share your idea on fair value price for $QRVO and $PYPL stocks?

User Image UncleStock Posted - 5 days ago

$ALRM $KN $QRVO suggested for #IoT - value screen: https://zpr.io/tEfJV

User Image IN0V8 Posted - 6 days ago

$QRVO Stopped out of some of my position: QRVO+14.32%

User Image Stock_Titan Posted - 1 week ago

$QRVO Qorvo® to Webcast Quarterly Earnings Conference Call on May 1, 2024 https://www.stocktitan.net/news/QRVO/qorvo-r-to-webcast-quarterly-earnings-conference-call-on-may-1-qysa0edemoxj.html

User Image Melia1 Posted - 2 weeks ago

$QRVO

User Image vu_jade Posted - 1 month ago

$QRVO easy 50% winner this year

User Image EmmaRespond Posted - 1 month ago

Investing in Qorvo, Inc.: Why You Should Buy $QRVO Stock http://dlvr.it/T4LF7x

User Image EmmaRespond Posted - 1 month ago

Investing in Qorvo, Inc.: Why You Should Buy $QRVO Stock http://dlvr.it/T4LDWc

User Image Albino_Trader123 Posted - 1 month ago

$AMKR $QRVO yum yum thanks for the cheap shares

User Image tkathlina Posted - 1 month ago

$QRVO $QRVO positive MACD ✨️ Bulls pushing 🫸 past resistance

User Image UncleStock Posted - 1 month ago

$GEOS $ALRM $QRVO suggested for #IoT - value screen: https://zpr.io/tEfJV

User Image Ro_Patel Posted - 1 month ago

Screen: Among S&P 500, there are 25 stocks that have gone up at least +15% over the past year, while their rolling consensus EPS ests have risen more quickly. $NVDA $UBER $CCL $ALL $QRVO

User Image UncleStock Posted - 1 month ago

$GEOS $ALRM $QRVO suggested for #IoT - value screen: https://zpr.io/tEfJV

User Image Jdacnb Posted - 1 month ago

$QRVO Very Bullish on this one. Get ready.

User Image Jdacnb Posted - 1 month ago

$QRVO Note to those who got shaken out. Thx

User Image MaverikIT Posted - 1 month ago

@Wigglyick @DonCorleone77 @RonIsWrong @Cash4freedom @Im_not_Mr_Lebowski @net0trader @IsabellaDC $SWKS $QRVO RF chipset$ for cellular$

User Image BullYa Posted - 1 month ago

$QRVO supplies for AAPL🚩

User Image swingingtech Posted - 1 month ago

$QRVO $INTC $XLK $INTU https://wallstreetwaves.com/tuesday-sector-laggards-technology-communications-industrial/

User Image Archedos_analyst Posted - 1 month ago

$QRVO always f# apple

User Image swingingtech Posted - 1 month ago

$QRVO https://wallstreetwaves.com/commit-to-buy-qorvo-at-90-earn-6-7-using-options/

User Image vu_jade Posted - 1 month ago

$QRVO funny busted out yesterday right back into support

User Image vu_jade Posted - 1 month ago

$QRVO big move looks to be coming

User Image vu_jade Posted - 1 month ago

$QRVO ready to go

User Image Jdacnb Posted - 1 month ago

$TSLA $BA $QRVO $HON Which one will hit $200 first.

User Image Alex_Hudson Posted - 1 month ago

$QRVO RSI Cross above 70 Level with High Volume and Price Breaks Previous Resistance.

User Image Wisenheimer Posted - 1 month ago

@clatt0000009 Heska was funding the tech and Qorvo took over development - Heska fought to get it back back but lost - $QRVO is a pretty smart co - but they are not in product dev biz they are in the chip biz - they will continue to help zom imho bec they want chip rev - they orig. brought tech in house bec saw an oppty during covid to get it to mkt quicker , which slowed dev of vet , the other assets are prime time now - truforma needs a few more assays before this takes off so thinking still rnd for 2024 and 2025 Truforma will take off.

Analyst Ratings
Susquehanna Neutral Apr 8, 24
Goldman Sachs Neutral Feb 2, 24
Piper Sandler Neutral Feb 1, 24
Raymond James Outperform Feb 1, 24
JP Morgan Underweight Feb 1, 24
Goldman Sachs Neutral Feb 1, 24
Rosenblatt Neutral Feb 1, 24
Needham Buy Feb 1, 24
Raymond James Outperform Jan 19, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
RHINES WALDEN C Director Director Nov 27 Buy 93.19 5,000 465,950 67,145 11/28/23
Nelson Roderick Director Director Aug 30 Sell 106.6 2,067 220,342 7,727 08/31/23
BRUGGEWORTH ROBERT A President and CEO President and CEO Aug 22 Sell 101.37 8,689 880,804 193,994 08/24/23
FEGO PAUL J SVP, Global Operatio.. SVP, Global Operations Aug 15 Sell 102.02 4,208 429,300 26,707 08/17/23
BRUGGEWORTH ROBERT A President and CEO President and CEO Aug 15 Sell 102.02 10,757 1,097,429 156,283 08/17/23
Brown Grant SVP & Chief Financia.. SVP & Chief Financial Officer Aug 15 Sell 102.02 6,679 681,392 21,217 08/17/23
HARDING JOHN R Director Director Aug 15 Sell 102.02 7,850 800,857 5,759 08/17/23
HARDING JOHN R Director Director Aug 15 Option 47.96 7,850 376,486 13,609 08/17/23
CREVISTON STEVEN E SVP, Connectivity &.. SVP, Connectivity & Sensors May 26 Sell 100 3,000 300,000 75,891 05/30/23
BRUGGEWORTH ROBERT A President and CEO President and CEO May 22 Sell 93.84 11,218 1,052,697 178,806 05/23/23
BRUGGEWORTH ROBERT A President and CEO President and CEO May 17 Sell 90.73 17,063 1,548,126 190,024 05/18/23
Stewart Frank P. VP, Advanced Cellula.. VP, Advanced Cellular Aug 22 Sell 100.27 1,224 122,730 4,950 08/24/22
Nelson Roderick Director Director Jun 16 Option 13.62 4,761 64,845 10,356 06/21/22
Nelson Roderick Director Director Jun 16 Sell 95.26 4,761 453,533 5,595 06/21/22
Nelson Roderick Director Director May 16 Option 13.62 4,761 64,845 10,356 05/18/22
Nelson Roderick Director Director May 16 Sell 104.45 4,761 497,286 5,595 05/18/22