Qorvo Inc

Qorvo Inc

QRVO

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Market Cap$9.11B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Qorvo IncQorvo Inc28-10%2.60.5

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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$93.00

Target Price by Analysts

11.2% downsideQorvo Target Price DetailsTarget Price
$99.63

Current Fair Value

4.9% downside

Overvalued by 4.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$9.11 Billion
Enterprise Value$9.44 Billion
Dividend Yield$- (-)
Earnings per Share$3.66
Beta1.42
Outstanding Shares91,636,000

Return

Return on Equity10.14%ROE
Return on Assets5.82%
Return on Invested Capital8.35%

Valuation & Multiples

P/E Ratio27.99P/E Ratio
PEG-537.03PEG
Price to Sales2.62Price to Sales
Price to Book Ratio2.91Price to Book Ratio
Enterprise Value to Revenue2.57
Enterprise Value to EBIT22.11
Enterprise Value to Net Income27
Total Debt to Enterprise0.16
Debt to Equity0.46Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$1.21
Average shareholder expectation
Revenue Estimate
$801.31 M
Average shareholder expectation

Next Earnings Call

Expected Date
August 4, 2026
EPS Estimate
$1.07
Average shareholder expectation
Revenue Estimate
$743.16 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.4336 29.11%
Total Calls489,900 2.25%
Total Puts212,400 38.82%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %90.77% 0.23%
Total Invested$6.52B 8.11%
Investors Holding543 14.00%

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...

Relevant Senate Committees

Finance

This powerful committee controls taxation and trade policy, both of which are critical for Qorvo. Corporate tax rates, R&D credits, and tariffs (especially on tech components) directly affect Qorvo's profitability, supply chain, and global competitiveness.

Appropriations

This committee directly allocates federal spending, which can fund defense programs, scientific research, and infrastructure projects where Qorvo's technology or foundry services could be utilized, thus directly impacting its order books and revenue streams.

Judiciary

This committee's oversight of antitrust laws and intellectual property is crucial for a tech and manufacturing company like Qorvo, impacting M&A activity and protection of its core innovations.

Armed Services

Qorvo's radio-frequency systems are critical components for defense and military applications. This committee's authorization of the NDAA and R&D funding for military technologies directly impacts potential revenue streams and technological development for Qorvo.

Select Committee on Intelligence

Members receive classified briefings on global threats, which often involve critical technologies, cybersecurity, and supply chain security—all highly relevant to a strategic semiconductor company like Qorvo, potentially offering significant informational asymmetry.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, telecommunications (FCC), and consumer protection (FTC), directly impacting Qorvo's core business in wireless and broadband communications, spectrum allocation, and technology regulation.

Foreign Relations

U.S. foreign policy, sanctions, and trade relations directly impact global supply chains, export controls, and market access for semiconductor companies like Qorvo, which operate internationally and are sensitive to geopolitical tensions.