Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide. 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 defense and aerospace, and 5G and 6G infrastructure markets. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. It 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. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.
RF Market Dynamics | Explore Qorvo's strategic shift as it navigates challenges in its core mobile business, diversifying to ensure long-term growth in the evolving RF solutions secto |
Financial Resilience | Despite headwinds, Qorvo projects EPS growth from $4.78 in FY2025 to $6.58 in FY2026, reflecting the potential success of its diversification efforts |
Analyst Perspectives | Barclays maintains an Equal Weight rating on Qorvo, with a price target of $90.00, down from previous estimates of $125.00 in July 2024 |
Future Prospects | Delve into Qorvo's potential in emerging markets like 5G infrastructure and IoT, leveraging its RF expertise to tap into new revenue streams |
Metrics to compare | QRVO | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipQRVOPeersSector | |
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P/E Ratio | −56.4x | 32.1x | 11.5x | |
PEG Ratio | 1.28 | 0.13 | 0.01 | |
Price/Book | 2.3x | 2.1x | 2.4x | |
Price / LTM Sales | 2.0x | 6.7x | 2.2x | |
Upside (Analyst Target) | 6.9% | 22.7% | 25.2% | |
Fair Value Upside | Unlock | 0.6% | 4.2% | Unlock |