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QRVO

QRVO - Qorvo Inc Stock Price, Fair Value and News

107.79USD-2.16 (-1.96%)Market Closed

Market Summary

QRVO
USD107.79-2.16
Market Closed
-1.96%

QRVO Stock Price

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QRVO RSI Chart

QRVO Valuation

Market Cap

10.6B

Price/Earnings (Trailing)

-50.2

Price/Sales (Trailing)

3.07

EV/EBITDA

30.07

Price/Free Cashflow

18.7

QRVO Price/Sales (Trailing)

QRVO Profitability

EBT Margin

3.60%

Return on Equity

-5.81%

Return on Assets

-3.16%

Free Cashflow Yield

5.35%

QRVO Fundamentals

QRVO Revenue

Revenue (TTM)

3.5B

Rev. Growth (Yr)

44.48%

Rev. Growth (Qtr)

-2.69%

QRVO Earnings

Earnings (TTM)

-211.5M

Earnings Growth (Yr)

-696.8%

Earnings Growth (Qtr)

-230.24%

Breaking Down QRVO Revenue

Last 7 days

-3.0%

Last 30 days

-1.2%

Last 90 days

5.9%

Trailing 12 Months

17.6%

How does QRVO drawdown profile look like?

QRVO Financial Health

Current Ratio

1.9

Debt/Equity

0.43

Debt/Cashflow

0.45

QRVO Investor Care

Buy Backs (1Y)

3.34%

Diluted EPS (TTM)

-2.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.6B3.2B3.1B3.5B
20224.6B4.6B4.5B4.1B
20214.0B4.3B4.5B4.6B
20203.2B3.3B3.5B3.7B
20193.1B3.2B3.1B3.1B
20183.0B3.0B3.1B3.1B
20173.0B3.0B2.9B3.0B
20162.6B2.6B2.8B3.0B
20151.7B2.1B2.4B2.6B
20141.1B1.2B1.2B1.3B
2013964.1M1.0B1.1B1.1B
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Tracking the Latest Insider Buys and Sells of Qorvo Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
creviston steven e
sold
-360,000
120
-3,000
svp, connectivity & sensors
Feb 15, 2024
harrison gina
sold
-40,356
114
-354
vp and corporate controller
Feb 15, 2024
chesley philip
sold
-484,842
114
-4,253
svp, high performance analog
Feb 15, 2024
fego paul j
sold
-345,078
114
-3,027
svp, global operations
Dec 14, 2023
creviston steven e
sold
-330,000
110
-3,000
svp, connectivity & sensors
Dec 11, 2023
harrison gina
sold
-38,325
105
-365
vp and corporate controller
Dec 06, 2023
chesley philip
sold
-1,033,880
97.72
-10,580
svp, high performance analog
Dec 05, 2023
chesley philip
sold (taxes)
-236,166
97.67
-2,418
svp, high performance analog
Nov 27, 2023
rhines walden c
bought
465,950
93.19
5,000
-
Nov 15, 2023
fego paul j
sold
-439,565
95.00
-4,627
svp, global operations

1–10 of 50

Which funds bought or sold QRVO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Hennion & Walsh Asset Management, Inc.
new
-
226,674
226,674
0.01%
Apr 17, 2024
HARTFORD INVESTMENT MANAGEMENT CO
reduced
-5.76
-29,001
713,324
0.03%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
added
23.3
208,000
788,000
0.03%
Apr 16, 2024
TOTH FINANCIAL ADVISORY CORP
unchanged
-
78.00
4,020
-%
Apr 16, 2024
Trifecta Capital Advisors, LLC
unchanged
-
44.00
2,297
-%
Apr 16, 2024
Cordant, Inc.
sold off
-100
-1,127
-
-%
Apr 16, 2024
FLAGSHIP HARBOR ADVISORS, LLC
sold off
-100
-344,807
-
-%
Apr 16, 2024
Register Financial Advisors LLC
new
-
20,325
20,325
0.01%
Apr 16, 2024
MCF Advisors LLC
unchanged
-
44.00
2,297
-%
Apr 16, 2024
Financial Management Professionals, Inc.
unchanged
-
-
1,000
-%

1–10 of 47

Are Funds Buying or Selling QRVO?

Are funds buying QRVO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own QRVO
No. of Funds

Unveiling Qorvo Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
baupost group llc/ma
0%
0
SC 13G/A
Feb 13, 2024
vanguard group inc
11.98%
11,662,641
SC 13G/A
Feb 09, 2024
capital research global investors
4.6%
4,498,917
SC 13G/A
Jan 24, 2024
blackrock inc.
9.2%
8,978,981
SC 13G/A
Feb 14, 2023
vulcan value partners, llc
2.67%
2,728,901
SC 13G/A
Feb 13, 2023
capital research global investors
5.5%
5,606,628
SC 13G
Feb 13, 2023
baupost group llc/ma
5.65%
5,731,657
SC 13G/A
Feb 09, 2023
vanguard group inc
11.67%
11,829,838
SC 13G/A
Feb 07, 2023
blackrock inc.
8.4%
8,521,126
SC 13G/A
Feb 14, 2022
vulcan value partners, llc
5.12%
5,640,650
SC 13G/A

Recent SEC filings of Qorvo Inc

View All Filings
Date Filed Form Type Document
Mar 05, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Feb 19, 2024
UPLOAD
UPLOAD
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 15, 2024
144/A
144/A
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 15, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Qorvo Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
60.9B
-4.99% 203.77%
70.6
34.49
125.85% 581.31%
248.8B
22.7B
-19.22% 71.54%
291.39
10.97
-3.90% -35.30%
166.2B
26.5B
-0.37% 79.72%
23.22
6.27
0.88% 10.98%
150.9B
54.2B
-16.44% 12.13%
89.34
2.78
-14.00% -78.92%
93.9B
11.6B
-0.94% -0.08%
33.36
8.12
-8.03% -17.90%
MID-CAP
7.4B
6.5B
-3.09% 25.28%
20.57
1.14
-8.30% -53.02%
4.6B
1.8B
-4.11% -4.03%
26.12
2.57
-11.16% -46.12%
3.3B
1.1B
-7.81% -21.22%
13.48
2.94
22.89% 34.51%
3.1B
1.7B
2.33% -21.68%
13.58
1.86
-16.94% -31.42%
1.8B
226.5M
-11.43% -36.15%
-10.56
7.9
-32.92% -159.10%
SMALL-CAP
1.7B
557.7M
-2.65% 168.24%
21.71
3.01
43.44% 97.00%
584.2M
640.0M
-1.29% -19.84%
-34.07
0.91
-19.44% -128.49%
322.4M
71.9M
-23.21% -63.36%
20.93
4.48
14.14% 8.17%
150.1M
550.0K
-4.07% 6.20%
-7.59
272.98
43.98% -13.47%
67.4M
116.7M
0.21% -46.63%
-3.51
0.58
15.07% -240.88%

Qorvo Inc News

Latest updates
MarketBeat4 hours ago
Yahoo Canada Shine On16 Apr 202409:11 am
InvestorsObserver01 Apr 202407:00 am
Yahoo Finance28 Mar 202407:00 am

Qorvo Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.7%1,0741,1036516337431,1581,0351,1661,1141,2551,1101,0731,0951,060787788869807776681832
Gross Profit-20.8%388490229115268539375570548622546528538492326336368324294267338
Operating Expenses27.0%429338277304259277273300252259249235239270233234215211239203257
  S&GA Expenses-16.2%87.0010410583.0076.0098.0010284.0082.0093.0090.0078.0093.0010987.0085.0081.0088.0089.0075.00126
  R&D Expenses-6.1%164175163164149168169159154158152147137156130127123116119113110
EBITDA Margin-10.3%0.11*0.13*0.12*0.11*0.36*0.33*0.32*0.31*0.24*0.24*0.25*0.27*---------
Interest Expenses2.7%18.0017.0017.0017.0017.0017.0017.0017.0015.0015.0015.0015.0017.0023.0019.0019.0017.0013.0012.0010.0010.00
Income Taxes97.5%83.0042.00-8.10-60.6113.0058.0011.0035.0067.0033.0013.00-11.9522.0063.000.0014.0022.0019.006.00-11.301.00
Earnings Before Taxes--------------------50.0071.00
EBT Margin-9.6%0.04*0.04*0.04*0.03*0.29*0.26*0.26*0.25*0.18*0.18*0.19*0.20*---------
Net Income-230.2%-12697.00-43.58-138-15.9318969.0021221631928629920113797.0050.0016183.0040.0062.0070.00
Net Income Margin-90.4%-0.06*-0.03*0.00*0.03*0.11*0.15*0.18*0.22*0.25*0.24*0.21*0.18*---------
Free Cashflow624.4%46764.005.0031.0020322023029567.00198276325---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.3%6,6996,7196,6876,6927,0767,3757,3317,5097,6277,5767,2727,2217,0417,8246,8836,5616,5205,8495,9265,8085,806
  Current Assets7.3%2,4282,2632,0882,0302,2582,5212,3722,4502,4462,5412,3742,4842,3223,0632,0791,6912,0681,5521,5571,6851,616
    Cash Equivalents51.7%1,0727077448099199128599739891,1531,2001,3981,2342,0001,1367161,098587630711650
  Inventory-13.5%727840917797857841847756710598570508479477524517480485518512465
  Net PPE-2.0%1,0391,0611,0881,1501,1921,2231,2341,2541,2671,2771,2711,2661,2321,2251,2361,2591,2791,2961,3091,3671,398
  Goodwill-6.2%2,5402,7082,7612,7612,7702,7572,7672,7762,8252,7342,7382,6432,65122.002,6152,6142,4161032,3012,174-
Liabilities5.5%3,0612,9012,8742,7892,9123,0533,0302,9562,9592,8492,6232,5922,5383,4172,5312,2682,1801,5831,5891,4481,229
  Current Liabilities90.5%1,2806726395566147647186756739027046826141,477509539491450452436414
  Long Term Debt-24.3%1,5502,0492,0482,0482,0482,0472,0472,0472,0471,7411,7421,7431,7441,7641,8701,5671,5691,0161,019921714
    LT Debt, Current-480--0.000.00----6.005.005.005.009057.007.005.004.002.000.00-
    LT Debt, Non Current-24.3%1,5502,0492,0482,0482,0482,0472,0472,047-------------
Shareholder's Equity-4.7%3,6383,8173,8123,9034,1654,3224,3014,5534,6674,7284,6484,6294,5044,4074,3514,2934,3394,2654,3374,3604,577
  Retained Earnings-366.8%-92.3335.00-84.0031644835651253354640535519311349.00--37.15-198-281-321-382
Accumulated Depreciation2.1%2,0181,9761,9341,9001,8461,8201,7831,7351,6981,6551,6101,5621,5201,4781,4601,4151,3741,3221,2721,2191,159
Shares Outstanding-0.8%97.0098.0098.0099.00100102105106109110112113---------
Float------8,074---18,621---14,840---8,484---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations430.0%49393.0045.0065.00237267273346117245342403404281214214301173257187333
  Share Based Compensation-44.3%22.0039.0038.0019.0020.0032.0035.0010.0019.0029.0025.0018.0019.0030.0022.0014.0016.0021.0025.0013.0019.00
Cashflow From Investing104.5%1.00-20.25-3.94-36.05-33.08-45.39-38.89-43.78-284-39.63-227-77.36-29.97-87.98-23.35-482-235-45.17-342-42.09-72.71
Cashflow From Financing-4.0%-113-109-105-139-201-167-345-3174.00-251-311-161-1,141671230-113445-1704.00-85.14-168
  Buy Backs0.2%10110110015020216035032730222330017516010575.00125125165100299152

QRVO Income Statement

2023-12-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenues$ 1,073,861$ 743,281$ 2,828,518$ 2,936,696
Cost of goods sold685,983475,2301,721,8801,754,468
Gross profit387,878268,0511,106,6381,182,228
Operating Expenses [Abstract]    
Research and Development Expense164,329149,472502,366486,204
Selling, general and administrative86,91476,269296,033275,836
Other operating expense178,20433,581246,51648,038
Total operating expenses429,447259,3221,044,915810,078
Operating (loss) income(41,569)8,72961,723372,150
Interest expense(17,581)(17,066)(51,963)(51,222)
Other income (expense), net15,3595,56234,2862,714
Loss before income taxes(43,791)(2,775)44,046323,642
Income tax benefit (expense)(83,147)(13,156)(117,103)(82,074)
Net loss$ (126,938)$ (15,931)$ (73,057)$ 241,568
Earnings Per Share [Abstract]    
Basic$ (1.31)$ (0.16)$ (0.75)$ 2.34
Diluted$ (1.31)$ (0.16)$ (0.75)$ 2.33
Weighted Average Number of Shares Outstanding, Diluted [Abstract]    
Basic97,152100,94397,905103,039
Diluted97,152100,94397,905103,812

QRVO Balance Sheet

2023-12-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 30, 2023
Apr. 01, 2023
Current assets:  
Cash and cash equivalents$ 1,071,987$ 808,757
Accounts receivable, net of allowance of $432 and $369 as of December 30, 2023 and April 1, 2023, respectively483,810304,519
Inventories726,687796,596
Prepaid expenses39,57546,684
Other Receivables, Net, Current30,85526,535
Other current assets75,45446,703
Total current assets2,428,3682,029,794
Property and equipment, net of accumulated depreciation of $2,017,964 and $1,900,317 as of December 30, 2023 and April 1, 2023, respectively1,039,4391,149,806
Goodwill2,540,4612,760,813
Intangible assets, net499,963537,703
Long-term investments24,71420,406
Other non-current assets166,443193,381
Total assets6,699,3886,691,903
Current liabilities:  
Accounts payable282,954210,701
Accrued liabilities327,485222,463
Long-term Debt, Current Maturities479,964310
Other current liabilities189,930122,289
Total current liabilities1,280,333555,763
Long-Term Debt, Excluding Current Maturities1,550,4382,048,073
Other long-term liabilities230,270185,273
Total liabilities3,061,0412,789,109
Stockholders’ equity:  
Preferred stock, $.0001 par value; 5,000 shares authorized; no shares issued and outstanding00
Common stock and additional paid-in capital, $.0001 par value; 405,000 shares authorized; 96,680 and 98,649 shares issued and outstanding at December 30, 2023 and April 1, 2023, respectively3,730,5773,821,474
Accumulated other comprehensive income (loss)102(3,175)
(Accumulated deficit) retained earnings(92,332)84,495
Total stockholders’ equity3,638,3473,902,794
Total liabilities and stockholders’ equity$ 6,699,388$ 6,691,903
QRVO
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.
 CEO
 WEBSITEqorvo.com
 INDUSTRYSemiconductors
 EMPLOYEES8500

Qorvo Inc Frequently Asked Questions


What is the ticker symbol for Qorvo Inc? What does QRVO stand for in stocks?

QRVO is the stock ticker symbol of Qorvo Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Qorvo Inc (QRVO)?

As of Wed Apr 17 2024, market cap of Qorvo Inc is 10.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of QRVO stock?

You can check QRVO's fair value in chart for subscribers.

What is the fair value of QRVO stock?

You can check QRVO's fair value in chart for subscribers. The fair value of Qorvo Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Qorvo Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for QRVO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Qorvo Inc a good stock to buy?

The fair value guage provides a quick view whether QRVO is over valued or under valued. Whether Qorvo Inc is cheap or expensive depends on the assumptions which impact Qorvo Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for QRVO.

What is Qorvo Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, QRVO's PE ratio (Price to Earnings) is -50.2 and Price to Sales (PS) ratio is 3.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. QRVO PE ratio will change depending on the future growth rate expectations of investors.