Qorvo Inc. (QRVO): Price and Financial Metrics

Qorvo Inc. (QRVO): $94.13

0.42 (-0.44%)

POWR Rating

Component Grades








QRVO Price/Volume Stats

Current price $94.13 52-week high $114.59
Prev. close $94.55 52-week low $75.38
Day low $93.84 Volume 763,500
Day high $95.24 Avg. volume 1,258,249
50-day MA $102.73 Dividend yield N/A
200-day MA $99.47 Market Cap 9.22B

QRVO Stock Price Chart Interactive Chart >


  • QRVO scores best on the Sentiment dimension, with a Sentiment rank ahead of 76.99% of US stocks.
  • The strongest trend for QRVO is in Quality, which has been heading down over the past 179 days.
  • QRVO's current lowest rank is in the Stability metric (where it is better than 7.8% of US stocks).

QRVO Stock Summary

  • QRVO's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,083.81 -- higher than 97.18% of US-listed equities with positive expected earnings growth.
  • Revenue growth over the past 12 months for QORVO INC comes in at -30.31%, a number that bests merely 8.73% of the US stocks we're tracking.
  • The volatility of QORVO INC's share price is greater than that of only 10.66% US stocks with at least 200 days of trading history.
  • Stocks that are quantitatively similar to QRVO, based on their financial statements, market capitalization, and price volatility, are OLED, MRNS, SGEN, GNTX, and PXLW.
  • Visit QRVO's SEC page to see the company's official filings. To visit the company's web site, go to www.qorvo.com.

QRVO Valuation Summary

  • QRVO's price/sales ratio is 2.9; this is 7.41% higher than that of the median Technology stock.
  • QRVO's price/sales ratio has moved up 2.9 over the prior 106 months.

Below are key valuation metrics over time for QRVO.

Stock Date P/S P/B P/E EV/EBIT
QRVO 2023-09-15 2.9 2.5 -1008.6 172.9
QRVO 2023-09-14 3.0 2.5 -1010.4 173.1
QRVO 2023-09-13 2.9 2.4 -991.9 170.4
QRVO 2023-09-12 2.9 2.4 -993.7 170.6
QRVO 2023-09-11 3.0 2.5 -1022.1 174.9
QRVO 2023-09-08 3.1 2.6 -1044.5 178.3

QRVO Growth Metrics

    Its year over year price growth rate is now at -39.2%.
  • Its 5 year cash and equivalents growth rate is now at 31.07%.
  • Its 5 year revenue growth rate is now at 6.81%.
Over the past 52 months, QRVO's revenue has gone up $1,014,619,000.

The table below shows QRVO's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 4,102.854 1,123.668 453.843
2022-09-30 4,473.53 1,003.269 686.037
2022-06-30 4,570.721 980.679 816.611
2022-03-31 4,645.714 1,049.243 1,033.353
2021-12-31 4,552.286 1,106.292 1,119.815
2021-09-30 4,533.163 1,393.002 1,104.587

QRVO's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • QRVO has a Quality Grade of A, ranking ahead of 95.21% of graded US stocks.
  • QRVO's asset turnover comes in at 0.591 -- ranking 128th of 208 Electronic Equipment stocks.
  • NOC, NXPI, and CLFD are the stocks whose asset turnover ratios are most correlated with QRVO.

The table below shows QRVO's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-07-03 0.591 0.485 0.295
2021-04-03 0.554 0.469 0.240
2021-01-02 0.527 0.453 0.183
2020-10-03 0.504 0.434 0.173
2020-06-27 0.504 0.416 0.149
2020-03-28 0.521 0.408 0.139

QRVO Price Target

For more insight on analysts targets of QRVO, see our QRVO price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $190.50 Average Broker Recommendation 1.56 (Moderate Buy)

Qorvo Inc. (QRVO) Company Bio

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 NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. The headquarters for the company originally were in both Hillsboro, Oregon (home of TriQuint), and Greensboro, North Carolina (home of RFMD), but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters. (Source:Wikipedia)

QRVO Latest News Stream

Event/Time News Detail
Loading, please wait...

QRVO Latest Social Stream

Loading social stream, please wait...

View Full QRVO Social Stream

Latest QRVO News From Around the Web

Below are the latest news stories about QORVO INC that investors may wish to consider to help them evaluate QRVO as an investment opportunity.

1 Chip Stock Trying to Mount a Massive Comeback: Is It Time to Buy Now?

One smaller manufacturer that underperformed in recent years is Qorvo (NASDAQ: QRVO). Qorvo is the result of a 2015 "merger of equals" between RF Micro Devices and TriQuint Semiconductor. The deal created what was hoped would be a new powerhouse in manufacturing of radio frequency (mobile connectivity) chips and related analog chips.

Yahoo | September 22, 2023

Qorvo (QRVO) Expands C-IoT Portfolio for Wider Applications

The low power consumption feature and smaller size make Qorvo's (QRVO) QM55011 an ideal solution for a wide array of applications that require an extended battery life.

Yahoo | September 20, 2023

Beware! 3 Semiconductor Stocks Waving Massive Red Flags Right Now

These three semiconductor stocks to sell have red flags in their competitive disadvantages and the ongoing glut of chips.

Tyrik Torres on InvestorPlace | September 19, 2023

Qorvo® Announces Industry’s Smallest Low Voltage Transmit Module for Cellular IoT

GREENSBORO, N.C., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced the latest in its growing portfolio of cellular IoT (C-IoT) transmit modules. Qorvo’s new multi-band multi-mode RF front end (RFFE) module is optimized for NB-IoT1/2 and LTE Cat-M1/2 3GPP standards. Its compact 3 mm x 3 mm size, low 2.5V operation and multi-band support make it ideal for low-voltage applications such as smart meters, asset tra

Yahoo | September 19, 2023

4 Magnificent Growth Stocks You'll Regret Not Buying in the Wake of the Nasdaq Bear Market Dip

Wall Street has vacillated between bull and bear markets, with the growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) being whipsawed more than any other major index. During the 2022 bear market, the innovation-fueled Nasdaq shed up to 38% of its value and ended the year lower by 33%. Through the first eight months and change of 2023, the Nasdaq Composite is higher by nearly 32%.

Yahoo | September 16, 2023

Read More 'QRVO' Stories Here

QRVO Price Returns

1-mo -5.62%
3-mo -3.28%
6-mo -4.46%
1-year 14.35%
3-year -25.16%
5-year 19.99%
YTD 3.85%
2022 -42.04%
2021 -5.94%
2020 43.05%
2019 91.39%
2018 -8.81%

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!