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QRVO logo QRVO
Upturn stock ratingUpturn stock rating
QRVO logo

Qorvo Inc (QRVO)

Upturn stock ratingUpturn stock rating
$72.02
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/18/2025: QRVO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -26.94%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/18/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.76B USD
Price to earnings Ratio 258.61
1Y Target Price 91.12
Price to earnings Ratio 258.61
1Y Target Price 91.12
Volume (30-day avg) 2145113
Beta 1.48
52 Weeks Range 64.54 - 130.99
Updated Date 04/1/2025
52 Weeks Range 64.54 - 130.99
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.28

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.71%
Operating Margin (TTM) 5.85%

Management Effectiveness

Return on Assets (TTM) 2.76%
Return on Equity (TTM) 0.77%

Valuation

Trailing PE 258.61
Forward PE 12.72
Enterprise Value 7549200383
Price to Sales(TTM) 1.78
Enterprise Value 7549200383
Price to Sales(TTM) 1.78
Enterprise Value to Revenue 1.99
Enterprise Value to EBITDA 16.28
Shares Outstanding 93396800
Shares Floating 84321462
Shares Outstanding 93396800
Shares Floating 84321462
Percent Insiders 0.47
Percent Institutions 106.98

Analyst Ratings

Rating 3.08
Target Price 92.28
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold 19
Sell 2
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Qorvo Inc

stock logo

Company Overview

overview logo History and Background

Qorvo, Inc. was formed in 2015 through the merger of RF Micro Devices (RFMD) and TriQuint Semiconductor. It is a global provider of core technologies and RF solutions for mobile, infrastructure and defense markets.

business area logo Core Business Areas

  • Mobile Products: Develops and supplies RF front-end solutions for smartphones, tablets, and other mobile devices. This includes power amplifiers, filters, switches, and other components.
  • Connectivity and Sensors: Offers RF solutions for Wi-Fi, IoT, and other connectivity applications, as well as sensors for various markets.
  • Advanced Defense Technologies: Provides high-performance RF and microwave solutions for defense, aerospace, and communications applications.

leadership logo Leadership and Structure

Grant Brown is the President and CEO. The company operates with a functional organizational structure, including engineering, sales, marketing, and operations departments.

Top Products and Market Share

overview logo Key Offerings

  • Market Share (%): Market share data not publicly available, but Qorvo is a leading supplier of RF FEMs for mobile devices.
  • Product Name 1: RF Front-End Modules (RF FEMs) for Mobile Devices: These modules combine multiple RF components to simplify smartphone design. Competitors: Skyworks Solutions (SWKS), Broadcom (AVGO), Qualcomm (QCOM).
  • Market Share (%): Market share data not publicly available.
  • Product Name 2: BAW Filters: These filters are used in mobile devices and other applications to improve signal quality. Competitors: Broadcom (AVGO), Akoustis Technologies (AKTS).
  • Market Share (%): Market share data not publicly available.
  • Product Name 3: Power Amplifiers: Used in mobile and wireless infrastructure to increase transmission signal power. Competitors: Skyworks Solutions (SWKS), Wolfspeed (WOLF), MACOM(MACOM)

Market Dynamics

industry overview logo Industry Overview

The RF component market is driven by the increasing complexity of mobile devices, the growth of 5G, and the expansion of IoT. Growth is driven by increased demand for bandwidth and complex modulation schemes that require sophisticated RF filtering, power amplification, and signal management.

Positioning

Qorvo is a leading player in the RF component market, with a strong position in both mobile and infrastructure applications. Their competitive advantage lies in their broad product portfolio, technical expertise, and strong customer relationships.

Total Addressable Market (TAM)

The RF component market is estimated to be worth tens of billions of dollars annually. Qorvo is well-positioned to capture a significant share of this market.

Upturn SWOT Analysis

Strengths

  • Broad product portfolio
  • Strong technical expertise
  • Established customer relationships
  • Vertically integrated manufacturing capabilities
  • Strong intellectual property portfolio

Weaknesses

  • Customer Concentration Risk (Apple and Samsung)
  • Exposure to cyclical nature of the semiconductor industry
  • Intense competition
  • Dependence on key suppliers

Opportunities

  • Growth of 5G
  • Expansion of IoT
  • Increasing complexity of mobile devices
  • Growing demand for RF solutions in defense and aerospace
  • Diversification into new markets

Threats

  • Economic downturn
  • Increased competition
  • Technological disruption
  • Supply chain disruptions
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • SWKS
  • AVGO
  • MTSI
  • QCOM
  • WOLF

Competitive Landscape

Qorvo competes with a variety of companies in the RF component market. Its advantages include its broad product portfolio and technical expertise. Its disadvantages include its reliance on a few key customers and the cyclical nature of the semiconductor industry.

Major Acquisitions

Custom MMIC

  • Year: 2019
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Expanded Qorvou2019s defense and aerospace capabilities.

Growth Trajectory and Initiatives

Historical Growth: Varies depending on market conditions and technology cycles.

Future Projections: Future growth is expected to be driven by the growth of 5G, IoT, and other emerging technologies. Analyst estimates vary.

Recent Initiatives: Focus on expanding product portfolio, investing in R&D, and strengthening customer relationships.

Summary

Qorvo is a key player in the RF component market, benefiting from the growth of 5G and IoT. Its strengths include a broad product portfolio and strong technical capabilities. However, Qorvo faces risks from customer concentration, competition, and the cyclical nature of the semiconductor industry. It needs to diversify its customer base and invest in new technologies to maintain its competitive advantage.

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Sources and Disclaimers

Data Sources:

  • Qorvo Investor Relations
  • Industry reports
  • Company press releases

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share data are estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Qorvo Inc

Exchange NASDAQ
Headquaters Greensboro, NC, United States
IPO Launch date 1997-06-03
President, CEO & Director Mr. Robert A. Bruggeworth
Sector Technology
Industry Semiconductors
Full time employees 8700
Full time employees 8700

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.

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