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.
Activist Catalyst | Starboard Value's 7.7% stake in Qorvo ignites potential for substantial operational improvements and cost savings, promising a transformative impact on the RF leade |
Financial Outlook | Analysts project Qorvo's FY2025 revenue at $3.68B, with EPS forecast at $4.86. Price targets range from $90 to $125, reflecting varied market expectations |
Operational Efficiency | Explore how Qorvo could realize $250-$300M in operating efficiencies by adopting cost structures similar to competitors, potentially boosting profitability |
Market Dynamics | Delve into Qorvo's navigation of industry cyclicality, customer concentration risks, and growth opportunities in 5G and IoT markets amid fierce competition |
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 | 249.3x | 16.4x | 11.6x | |
PEG Ratio | 2.20 | 0.61 | 0.01 | |
Price/Book | 2.0x | 2.2x | 2.4x | |
Price / LTM Sales | 1.8x | 4.1x | 2.1x | |
Upside (Analyst Target) | 25.0% | 35.3% | 26.9% | |
Fair Value Upside | Unlock | 14.6% | 5.4% | Unlock |