Qorvo, Inc.
General ticker "QRVO" information:
- Sector: Information Technology
- Industry: Semiconductors
- Capitalization: $7.5B (TTM average)
Qorvo, Inc. follows the US Stock Market performance with the rate: 74.7%.
Estimated limits based on current volatility of 1.8%: low 76.99$, high 79.94$
Factors to consider:
- Total employees count: 8700 (+2.4%) as of 2024
- China accounted for 19.3% of revenue in the fiscal year ended 2024-03-30
- US accounted for 57.7% of revenue in the fiscal year ended 2024-03-30
- Top business risk factors: Dependency on large customers, Product development and design wins, Inventory management, Manufacturing risks, Intellectual property risks
- Price in estimated range
- Earnings for 6 months up through Q2 exceed 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 2025-03-29 to 2027-03-29
- 2025-03-29 to 2026-03-29 estimated range: [59.61$, 98.57$]
- 2026-03-29 to 2027-03-29 estimated range: [65.35$, 105.42$]
Financial Metrics affecting the QRVO estimates:
- Negative: with PPE of 12.6 at the end of fiscal year the price was high
- Positive: -5.04 < Operating profit margin, % of 2.57
- Positive: 6.66 < Operating cash flow per share per price, % of 9.01
- Positive: -3.56 < Return on assets ratio (scaled to [-100,100]) of 0.93
- Positive: Investing cash flow per share per price, % of 0.53 > -0.63
- Positive: 42.77 < Shareholder equity ratio, % of 57.18 <= 64.37
- Positive: -9.11 < Industry operating profit margin (median), % of -4.45
- Positive: 0.14 < Industry earnings per price (median), % of 0.81
Short-term QRVO quotes
Long-term QRVO plot with estimates
Financial data
| YTD | 2023-03-31 | 2024-03-31 | 2025-03-29 |
|---|---|---|---|
| Operating Revenue | $3,569.40MM | $3,769.51MM | $3,718.97MM |
| Operating Expenses | $3,386.23MM | $3,677.80MM | $3,623.44MM |
| Operating Income | $183.17MM | $91.70MM | $95.53MM |
| Non-Operating Income | $-58.54MM | $-18.14MM | $-29.63MM |
| Interest Expense | $68.46MM | $69.25MM | $78.33MM |
| R&D Expense | $649.84MM | $682.25MM | $747.71MM |
| Income(Loss) | $124.63MM | $73.56MM | $65.90MM |
| Taxes | $21.48MM | $143.88MM | $10.28MM |
| Profit(Loss)* | $103.15MM | $-70.32MM | $55.62MM |
| Stockholders Equity | $3,902.79MM | $3,556.37MM | $3,392.31MM |
| Inventory | $796.60MM | $710.55MM | $640.99MM |
| Assets | $6,691.90MM | $6,554.64MM | $5,933.13MM |
| Operating Cash Flow | $843.23MM | $833.19MM | $622.20MM |
| Capital expenditure | $158.95MM | $127.23MM | $137.60MM |
| Investing Cash Flow | $-153.41MM | $-136.47MM | $36.55MM |
| Financing Cash Flow | $-853.35MM | $-459.57MM | $-684.36MM |
| Earnings Per Share** | $1.01 | $-0.72 | $0.59 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.