Qorvo Inc
General ticker "QRVO" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $6.6B
Qorvo Inc does not follow the US Stock Market performance with the rate: -5.0%.
Estimated limits based on current volatility of 1.7%: low 69.57$, high 71.95$
Factors to consider:
- Company included in S&P500 list
- China accounted for 20.8% of revenue in the fiscal year ended 2023-04-01
- US accounted for 50.9% of revenue in the fiscal year ended 2023-04-01
- Current price 30.1% below estimated low
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-03-30 to 2026-03-30
- 2024-03-30 to 2025-03-30 estimated range: [102.30$, 146.26$]
- 2025-03-30 to 2026-03-30 estimated range: [103.33$, 149.35$]
Financial Metrics affecting the QRVO estimates:
- Positive: Non-GAAP EPS, $ of 6.22 > 2.29
- Positive: 1.03 < Operating profit margin, % of 2.43
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 2.43 <= 3.85
- Positive: -3.48 < Investing cash flow per share, $ of -1.40
Short-term QRVO quotes
Long-term QRVO plot with estimates
Financial data
| YTD | 2022-04-02 | 2023-04-01 | 2024-03-30 |
|---|---|---|---|
| Operating Revenue | $4,645.71MM | $3,569.40MM | $3,769.51MM |
| Operating Expenses | $3,419.64MM | $3,386.23MM | $3,677.80MM |
| Operating Income | $1,226.07MM | $183.17MM | $91.70MM |
| Non-Operating Income | $-44.98MM | $-58.54MM | $-18.14MM |
| Interest Expense | $63.33MM | $68.46MM | $69.25MM |
| R&D Expense | $623.64MM | $649.84MM | $682.25MM |
| Income(Loss) | $1,181.08MM | $124.63MM | $73.56MM |
| Taxes | $147.73MM | $21.48MM | $143.88MM |
| Profit(Loss) | $1,033.35MM | $103.15MM | $-70.32MM |
| Stockholders Equity | $4,553.22MM | $3,902.79MM | $3,556.37MM |
| Inventory | $755.75MM | $796.60MM | $710.55MM |
| Assets | $7,509.07MM | $6,691.90MM | $6,554.64MM |
| Operating Cash Flow | $1,049.24MM | $843.23MM | $833.19MM |
| Capital expenditure | $213.47MM | $158.95MM | $127.23MM |
| Investing Cash Flow | $-595.96MM | $-153.41MM | $-136.47MM |
| Financing Cash Flow | $-875.51MM | $-853.35MM | $-459.57MM |
| Earnings Per Share* | $9.38 | $1.01 | $-0.72 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.