Qorvo, Inc provides radio frequency (RF) solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide. It operates through Mobile Products (MP) and Infrastructure and Defense Products (IDP) segments. The MP segment offers cellular RF and WiFi solutions, bulk acoustic wave (BAW) and surface acoustic wave (SAW) filters, power amplifiers (PAs), low noise amplifiers (LNAs), switches, multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers, and modules incorporating switches, PAs, and duplexers.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone336-664-1233
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.09 billion
Profitability
Miscellaneous
Employees8,100
Next Earnings Date1/29/2020 (Confirmed)
OptionableOptionable
Qorvo (NASDAQ:QRVO) Frequently Asked Questions
What is Qorvo's stock symbol?
Qorvo trades on the NASDAQ under the ticker symbol "QRVO."
How were Qorvo's earnings last quarter?
Qorvo Inc (NASDAQ:QRVO) released its earnings results on Thursday, October, 31st. The semiconductor company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.22. The semiconductor company earned $806.70 million during the quarter, compared to the consensus estimate of $754.67 million. Qorvo had a net margin of 8.19% and a return on equity of 15.10%. The company's revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.75 EPS. View Qorvo's Earnings History.
When is Qorvo's next earnings date?
How can I listen to Qorvo's earnings call?
Qorvo will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Qorvo issued on next quarter's earnings?
Qorvo issued an update on its third quarter earnings guidance on Thursday, October, 31st. The company provided EPS guidance of approx $1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $840-860 million, compared to the consensus revenue estimate of $761.25 million.
What price target have analysts set for QRVO?
18 brokerages have issued 12 month price targets for Qorvo's shares. Their forecasts range from $74.00 to $127.00. On average, they expect Qorvo's stock price to reach $98.00 in the next twelve months. This suggests that the stock has a possible downside of 16.3%. View Analyst Price Targets for Qorvo.
What is the consensus analysts' recommendation for Qorvo?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qorvo in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Qorvo.
Has Qorvo been receiving favorable news coverage?
Media headlines about QRVO stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Qorvo earned a news impact score of 1.8 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Qorvo.
Are investors shorting Qorvo?
Qorvo saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 3,400,000 shares, a decrease of 15.8% from the December 15th total of 4,040,000 shares. Based on an average daily volume of 1,700,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.9% of the shares of the stock are sold short. View Qorvo's Current Options Chain.
Who are some of Qorvo's key competitors?
Some companies that are related to Qorvo include Analog Devices (ADI), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Infineon Technologies (IFNNY), Microchip Technology (MCHP), Xilinx (XLNX), Kyocera (KYOCY), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), ASE Technology (ASX), Advantest (ATEYY), ON Semiconductor (ON) and Semiconductor Manufacturing International (SMICY).
What other stocks do shareholders of Qorvo own?
Who are Qorvo's key executives?
Qorvo's management team includes the folowing people:
- Mr. Robert A. Bruggeworth, Pres, CEO & Director (Age 58)
- Mr. Mark J. Murphy, Chief Financial Officer (Age 51)
- Ms. Gina B. Harrison, VP & Corp. Controller (Age 51)
- Mr. James L. Klein, Corp. VP and Pres of Infrastructure & Defense Products (Age 54)
- Mr. Steven E. Creviston, Corp. VP & Pres of Mobile Products (Age 55)
Who are Qorvo's major shareholders?
Qorvo's stock is owned by many different of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.13%), State of Alaska Department of Revenue (0.08%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%), F&V Capital Management LLC (0.07%), United Services Automobile Association (0.05%) and Three Peaks Capital Management LLC (0.02%). Company insiders that own Qorvo stock include Daniel A Dileo, David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley and Walter H Wilkinson. View Institutional Ownership Trends for Qorvo.
Which major investors are selling Qorvo stock?
QRVO stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, First Hawaiian Bank, F&V Capital Management LLC, Farmers & Merchants Trust Co of Chambersburg PA, IFM Investors Pty Ltd and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Qorvo company stock in the last year include David H Y Ho, Gina Harrison, James L Klein, John R Harding, Mark J Murphy, Ralph Quinsey, Robert A Bruggeworth, Roderick Nelson, Steven E Creviston, Susan Louise Spradley and Walter H Wilkinson. View Insider Buying and Selling for Qorvo.
Which major investors are buying Qorvo stock?
QRVO stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., United Services Automobile Association, Three Peaks Capital Management LLC, Deane Retirement Strategies Inc., Zurcher Kantonalbank Zurich Cantonalbank , Polianta Ltd, Janney Montgomery Scott LLC and Cerebellum GP LLC. View Insider Buying and Selling for Qorvo.
How do I buy shares of Qorvo?
Shares of QRVO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Qorvo's stock price today?
One share of QRVO stock can currently be purchased for approximately $117.03.
How big of a company is Qorvo?
Qorvo has a market capitalization of $13.60 billion and generates $3.09 billion in revenue each year. The semiconductor company earns $133.13 million in net income (profit) each year or $5.25 on an earnings per share basis. Qorvo employs 8,100 workers across the globe.View Additional Information About Qorvo.
What is Qorvo's official website?
How can I contact Qorvo?
Qorvo's mailing address is 7628 THORNDIKE ROAD, GREENSBORO NC, 27409. The semiconductor company can be reached via phone at 336-664-1233 or via email at [email protected]
MarketBeat Community Rating for Qorvo (NASDAQ QRVO)
MarketBeat's community ratings are surveys of what our community members think about Qorvo and other stocks. Vote "Outperform" if you believe QRVO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QRVO will underperform the S&P 500 over the long term. You may vote once every thirty days.
