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QRVO

QRVO - Qorvo Inc Stock Price, Fair Value and News

121.82USD-2.77 (-2.22%)Market Closed

Market Summary

QRVO
USD121.82-2.77
Market Closed
-2.22%

QRVO Alerts

  • 1 major insider sales recently.

QRVO Stock Price

View Fullscreen

QRVO RSI Chart

QRVO Valuation

Market Cap

11.6B

Price/Earnings (Trailing)

-165.66

Price/Sales (Trailing)

3.09

EV/EBITDA

36.24

Price/Free Cashflow

16.5

QRVO Price/Sales (Trailing)

QRVO Profitability

EBT Margin

1.95%

Return on Equity

-1.98%

Return on Assets

-1.07%

Free Cashflow Yield

6.06%

QRVO Fundamentals

QRVO Revenue

Revenue (TTM)

3.8B

Rev. Growth (Yr)

48.73%

Rev. Growth (Qtr)

-12.37%

QRVO Earnings

Earnings (TTM)

-70.3M

Earnings Growth (Yr)

101.98%

Earnings Growth (Qtr)

102.15%

Breaking Down QRVO Revenue

Last 7 days

-0.8%

Last 30 days

6.2%

Last 90 days

16.2%

Trailing 12 Months

16.3%

How does QRVO drawdown profile look like?

QRVO Financial Health

Current Ratio

1.99

Debt/Equity

0.44

Debt/Cashflow

0.54

QRVO Investor Care

Buy Backs (1Y)

3.15%

Diluted EPS (TTM)

-0.72

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.8B000
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
Jul 05, 2024
harrison gina
sold (taxes)
-15,695
117
-134
vp and corporate controller
Jun 17, 2024
creviston steven e
sold
-337,080
112
-3,000
svp, connectivity & sensors
Jun 12, 2024
harrison gina
sold
-22,270
106
-210
vp and corporate controller
Jun 06, 2024
bruggeworth robert a
sold
-1,527,900
100
-15,279
president and ceo
Jun 05, 2024
harrison gina
acquired
-
-
921
vp and corporate controller
May 23, 2024
bruggeworth robert a
sold
-472,100
100
-4,721
president and ceo
May 16, 2024
creviston steven e
sold (taxes)
-69,737
99.91
-698
svp, connectivity & sensors
May 16, 2024
bruggeworth robert a
sold
-1,287,370
99.38
-12,954
president and ceo
May 16, 2024
harrison gina
sold (taxes)
-117,994
99.91
-1,181
vp and corporate controller
May 16, 2024
brown grant
sold (taxes)
-12,588
99.91
-126
svp & chief financial officer

1–10 of 50

Which funds bought or sold QRVO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Zhang Financial LLC
unchanged
-
4,660
446,986
0.03%
Jul 19, 2024
Hennion & Walsh Asset Management, Inc.
added
45.44
106,477
333,151
0.02%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-11.49
-2,892,040
24,497,600
0.02%
Jul 19, 2024
AAFMAA Wealth Management & Trust LLC
unchanged
-
24,200
2,320,800
1.14%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-49.3
-3,269,550
3,434,550
-%
Jul 19, 2024
Venturi Wealth Management, LLC
added
111
24,363
45,837
-%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
reduced
-7.75
-7,834
107,685
-%
Jul 19, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-13.55
-175,446
1,212,730
-%
Jul 19, 2024
Leeward Investments, LLC - MA
reduced
-4.36
-594,887
17,128,600
0.79%
Jul 19, 2024
Apollon Wealth Management, LLC
sold off
-100
-395,130
-
-%

1–10 of 48

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
Jul 08, 2024
blackrock inc.
10.0%
9,537,326
SC 13G/A
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

Recent SEC filings of Qorvo Inc

View All Filings
Date Filed Form Type Document
Jul 09, 2024
4
Insider Trading
Jul 08, 2024
SC 13G/A
Major Ownership Report
Jun 28, 2024
ARS
ARS
Jun 28, 2024
DEF 14A
DEF 14A
Jun 28, 2024
DEFA14A
DEFA14A
Jun 20, 2024
4
Insider Trading
Jun 17, 2024
144
Notice of Insider Sale Intent
Jun 14, 2024
4
Insider Trading
Jun 12, 2024
144
Notice of Insider Sale Intent
Jun 11, 2024
8-K
Current Report

Peers (Alternatives to Qorvo Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.9T
79.8B
-13.02% 159.07%
68.1
36.37
208.27% 788.74%
245.0B
22.8B
-1.96% 37.51%
219.56
10.75
-1.16% 182.53%
174.5B
26.5B
-15.16% 56.86%
23.89
6.59
-0.51% 12.58%
140.5B
55.2B
7.77% -1.08%
34.56
2.54
-2.09% 242.32%
114.7B
10.5B
-1.76% 21.92%
53.61
10.96
-18.69% -40.94%
MID-CAP
9.8B
6.4B
-0.77% 41.52%
26.23
1.53
-8.17% -41.71%
7.2B
1.8B
6.06% 74.82%
26.31
4.04
-5.73% 55.39%
4.2B
1.1B
-8.94% -27.15%
16.66
3.69
16.34% 32.25%
3.7B
1.5B
9.21% -11.45%
21.51
2.44
-24.64% -48.42%
2.3B
218.8M
2.85% -28.91%
-13.56
10.63
-29.29% -89.52%
SMALL-CAP
1.2B
657.5M
37.51% 37.86%
-130.89
1.88
-9.15% -119.91%
1.2B
635.7M
-16.48% 56.33%
14.09
1.94
51.02% 67.91%
550.0M
71.9M
52.89% -60.31%
35.7
7.65
14.14% 8.17%
101.6M
550.0K
-1.82% -55.53%
-5.19
192.61
43.98% -6.63%
82.1M
108.8M
-0.52% -42.83%
-3.83
0.75
1.54% -244.16%

Qorvo Inc News

Latest updates
Defense World13 hours ago
American Banking and Market News17 Jul 202411:44 am
American Banking and Market News17 Jul 202410:18 am
Yahoo Finance2 months ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.4%9411,0741,1036516337431,1581,0351,1661,1141,2551,1101,0731,0951,060787788869807776681
Gross Profit-1.6%382388490229115268539375570548622546528538492326336368324294267
Operating Expenses-18.1%352429338277304259277273300252259249235239270233234215211239203
  S&GA Expenses7.1%93.0087.0010410583.0076.0098.0010284.0082.0093.0090.0078.0093.0010987.0085.0081.0088.0089.0075.00
  R&D Expenses9.5%180164175163164149168169159154158152147137156130127123116119113
EBITDA Margin-0.09*-0.13*0.12*0.11*0.36*0.33*0.32*0.31*0.24*0.24*0.25*0.27*--------
Interest Expenses-1.7%17.0018.0017.0017.0017.0017.0017.0017.0017.0015.0015.0015.0015.0017.0023.0019.0019.0017.0013.0012.0010.00
Income Taxes-67.8%27.0083.0042.00-8.10-60.6313.0058.0011.0035.0067.0033.0013.00-11.9622.0063.000.0014.0022.0019.006.00-11.30
Earnings Before Taxes---------------------50.00
EBT Margin-0.02*-0.04*0.04*0.03*0.29*0.26*0.26*0.25*0.18*0.18*0.19*0.20*--------
Net Income102.2%3.00-12697.00-43.58-138-15.9318969.0021221631928629920113797.0050.0016183.0040.0062.00
Net Income Margin69.5%-0.02*-0.06*-0.03*0.00*0.03*0.11*0.15*0.18*0.22*0.25*0.24*0.21*---------
Free Cashflow-63.6%17046764.005.0031.0020322023029567.00198276---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.2%6,5556,6996,7196,6876,6927,0767,3757,3317,5097,6277,5767,2727,2217,0417,8246,8836,5616,5205,8495,9265,808
  Current Assets0.7%2,4462,4282,2632,0882,0302,2582,5212,3722,4502,4462,5412,3742,4842,3223,0632,0791,6912,0681,5521,5571,685
    Cash Equivalents-4.0%1,0291,0727077448099199128599739891,1531,2001,3981,2342,0001,1367161,098587630711
  Inventory-2.2%711727840917797857841847756710598570508479477524517480485518512
  Net PPE-16.2%8711,0391,0611,0881,1501,1921,2231,2341,2541,2671,2771,2711,2661,2321,2251,2361,2591,2791,2961,3091,367
  Goodwill-0.2%2,5352,5402,7082,7612,7612,7702,7572,7672,7762,8252,7342,7382,6432,65122.002,6152,6142,4161032,301-
Liabilities-2.1%2,9983,0612,9012,8742,7892,9123,0533,0302,9562,9592,8492,6232,5922,5383,4172,5312,2682,1801,5831,5891,448
  Current Liabilities-3.9%1,2301,2806726395566147647186756739027046826141,477509539491450452436
  Long Term Debt-0.1%1,5491,5502,0492,0482,0482,0482,0472,0472,0472,0471,7411,7421,7431,7441,7641,8701,5671,5691,0161,019921
    LT Debt, Current-8.6%439480--0.000.00----6.005.005.005.009057.007.005.004.002.000.00
    LT Debt, Non Current-100.0%-1,5502,0492,0482,0482,0482,0472,0472,047------------
Shareholder's Equity-2.3%3,5563,6383,8173,8123,9034,1654,3224,3014,5534,6674,7284,6484,6294,5044,4074,3514,2934,3394,2654,3374,360
  Retained Earnings3.0%-89.60-92.3335.00-84.0031644835651253354640535519311349.00--37.15-198-281-321
Accumulated Depreciation-16.6%1,6842,0181,9761,9341,9001,8461,8201,7831,7351,6981,6551,6101,5621,5201,4781,4601,4151,3741,3221,2721,219
Shares Outstanding-0.9%96.0097.0098.0098.0099.00100102105106109110112---------
Float---9,269---8,074---18,621---14,840---8,484--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-59.0%20249393.0045.0065.00237267273346117245342403404281214214301173257187
  Share Based Compensation-1.0%22.0022.0039.0038.0019.0020.0032.0035.0010.0019.0029.0025.0018.0019.0030.0022.0014.0016.0021.0025.0013.00
Cashflow From Investing-12647.6%-1131.00-20.25-3.94-36.05-33.08-45.39-38.89-43.78-284-39.63-227-77.36-29.97-87.98-23.35-482-235-45.17-342-42.09
Cashflow From Financing-16.0%-131-113-109-105-139-201-167-345-3174.00-251-311-161-1,141671230-113445-1704.00-85.14
  Buy Backs-1.5%99.0010110110015020216035032730222330017516010575.00125125165100299
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QRVO Income Statement

2024-03-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]   
Revenue$ 3,769,506$ 3,569,399$ 4,645,714
Cost of goods sold2,281,0112,272,4572,359,546
Gross profit1,488,4951,296,9422,286,168
Operating expenses:   
Research and development682,249649,841623,636
Selling, general and administrative389,140358,790349,718
Goodwill impairment221,41412,41148,000
Other operating expense103,99192,73238,745
Total operating expenses1,396,7941,113,7741,060,099
Operating income91,701183,1681,226,069
Interest expense(69,245)(68,463)(63,326)
Other income, net51,1049,92418,341
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total73,560124,6291,181,084
Income tax expense143,88221,477147,731
Net (loss) income$ (70,322)$ 103,152$ 1,033,353
Basic net (loss) income per share$ 0.72$ (1.01)$ (9.38)
Net (loss) income per share:   
Diluted$ 0.72$ (1.00)$ (9.26)
Weighted-average shares of common stock outstanding:   
Basic97,557102,206110,196
Diluted97,557103,019111,546

QRVO Balance Sheet

2024-03-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Apr. 01, 2023
Current assets:  
Cash and cash equivalents$ 1,029,258$ 808,757
Accounts receivable, net of allowance of $313 and $369 as of March 30, 2024 and April 1, 2023, respectively412,960304,519
Inventories710,555796,596
Prepaid expenses40,56346,684
Other Receivables, Net, Current14,42726,535
Other current assets78,99346,703
Disposal Group, Including Discontinued Operation, Assets159,2780
Total current assets2,446,0342,029,794
Property and equipment, net870,9821,149,806
Goodwill2,534,6012,760,813
Intangible assets, net509,383537,703
Long-term investments23,25220,406
Other non-current assets170,383193,381
Total assets6,554,6356,691,903
Current liabilities:  
Accounts payable252,993210,701
Accrued liabilities336,767222,463
Long-term Debt, Current Maturities438,740310
Other current liabilities113,215122,289
Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations88,3720
Total current liabilities1,230,087555,763
Long-term debt1,549,2722,048,073
Other long-term liabilities218,904185,273
Total liabilities2,998,2632,789,109
Commitments and contingent liabilities (Note 12)
Stockholders’ equity:  
Preferred stock, $.0001 par value; 5,000 shares authorized; no shares issued and outstanding00
Common stock and additional paid-in capital, $.0001 par value; 405,000 shares authorized; 95,798 and 98,649 shares issued and outstanding at March 30, 2024 and April 1, 2023, respectively3,651,0673,821,474
Accumulated other comprehensive loss(5,097)(3,175)
Retained Earnings (Accumulated Deficit)(89,598)84,495
Total stockholders’ equity3,556,3723,902,794
Total liabilities and stockholders’ equity$ 6,554,635$ 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 Fri Jul 19 2024, market cap of Qorvo Inc is 11.65 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 Fri Jul 19 2024, QRVO's PE ratio (Price to Earnings) is -165.66 and Price to Sales (PS) ratio is 3.09. 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.