stock.name

Qorvo Inc

QRVO

Market Cap$9.28B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Qorvo IncQorvo Inc-1320%-2%2.50.6

Earnings Call Q3 2023

February 1, 2023 - AI Summary

Qorvo's fiscal third quarter revenue and EPS were above the midpoint of their outlook, driven by growth in defense, broadband, and power segments.
The company experienced weakness in end market demand and channel inventory consumption for Wi-Fi products in the Connectivity & Sensors Group (CSG) segment.
In the Advanced Cellular Group (ACG), Qorvo faced lower smartphone unit volumes and channel inventory digestion within the Android ecosystem.

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$100.00

Target Price by Analysts

1.6% upsideQorvo Target Price DetailsTarget Price
$137.89

Current Fair Value

40.1% upside

Undervalued by 40.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$9.28 Billion
Enterprise Value$10.24 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$-0.72
Beta1.37
Outstanding Shares95,629,095
Avg 30 Day Volume1,470,113

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio-132.03
PEG129.47
Price to Sales2.52
Price to Book Ratio2.66
Enterprise Value to Revenue2.72
Enterprise Value to EBIT32.71
Enterprise Value to Net Income-146
Total Debt to Enterprise0.19
Debt to Equity0.56

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Qorvo Inc

7,900 employees
CEO: Robert Bruggeworth

Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. The company, which trades on NASD...