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Qorvo (QRVO) Competitors

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$82.99 +0.25 (+0.30%)
Closing price 04:00 PM Eastern
Extended Trading
$82.60 -0.39 (-0.47%)
As of 06:03 PM Eastern
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QRVO vs. NOK, ERIC, STM, UI, ASX, HUBB, GFS, UMC, FLEX, and CLS

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Nokia (NOK), Ericsson (ERIC), STMicroelectronics (STM), Ubiquiti (UI), ASE Technology (ASX), Hubbell (HUBB), GlobalFoundries (GFS), United Microelectronics (UMC), Flex (FLEX), and Celestica (CLS). These companies are all part of the "electronic equipment" industry.

Qorvo vs. Its Competitors

Nokia (NYSE:NOK) and Qorvo (NASDAQ:QRVO) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, dividends, valuation, media sentiment, earnings, risk, analyst recommendations and profitability.

Nokia has higher revenue and earnings than Qorvo. Nokia is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia$20.80B1.35$1.38B$0.1534.43
Qorvo$3.72B2.08$55.62M$0.58143.09

5.3% of Nokia shares are owned by institutional investors. Comparatively, 88.6% of Qorvo shares are owned by institutional investors. 0.5% of Qorvo shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Nokia has a net margin of 4.09% compared to Qorvo's net margin of 1.50%. Qorvo's return on equity of 12.48% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia4.09% 8.73% 4.67%
Qorvo 1.50%12.48%6.87%

In the previous week, Nokia had 3 more articles in the media than Qorvo. MarketBeat recorded 12 mentions for Nokia and 9 mentions for Qorvo. Qorvo's average media sentiment score of 1.06 beat Nokia's score of 0.54 indicating that Qorvo is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia
4 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Qorvo
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.37, meaning that its stock price is 37% more volatile than the S&P 500.

Nokia currently has a consensus target price of $5.85, suggesting a potential upside of 13.26%. Qorvo has a consensus target price of $91.21, suggesting a potential upside of 9.91%. Given Nokia's stronger consensus rating and higher probable upside, analysts plainly believe Nokia is more favorable than Qorvo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Qorvo
3 Sell rating(s)
11 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.11

Summary

Qorvo beats Nokia on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding QRVO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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QRVO vs. The Competition

MetricQorvoSemi IndustryComputer SectorNASDAQ Exchange
Market Cap$7.72B$4.76B$27.48B$8.84B
Dividend YieldN/A3.87%2.94%4.21%
P/E Ratio143.0986.1835.6419.59
Price / Sales2.081.822,379.24100.07
Price / Cash8.6132.9737.4956.49
Price / Book2.281.976.985.50
Net Income$55.62M$157.64M$777.54M$248.79M
7 Day Performance3.35%6.27%2.22%2.15%
1 Month Performance11.25%5.77%5.69%5.82%
1 Year Performance-27.10%43.73%52,208.85%18.22%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
3.4362 of 5 stars
$82.99
+0.3%
$91.21
+9.9%
-28.3%$7.72B$3.72B143.096,200
NOK
Nokia
2.0573 of 5 stars
$5.18
+1.0%
$5.85
+12.9%
+38.6%$28.24B$19.17B34.5480,361Trending News
ERIC
Ericsson
1.5629 of 5 stars
$8.22
-1.0%
$9.80
+19.2%
+37.2%$27.52B$23.45B164.4094,326Trending News
STM
STMicroelectronics
2.0658 of 5 stars
$29.13
+1.6%
$29.67
+1.8%
-25.4%$26.16B$13.27B24.6949,602
UI
Ubiquiti
1.1056 of 5 stars
$389.23
+5.0%
$343.50
-11.7%
+177.4%$23.54B$2.32B42.871,515
ASX
ASE Technology
3.1733 of 5 stars
$10.29
+1.6%
N/A-7.6%$22.71B$18.54B21.8997,079Dividend Increase
HUBB
Hubbell
3.161 of 5 stars
$394.79
-0.3%
$459.25
+16.3%
+5.6%$21.07B$5.63B26.7117,700Positive News
GFS
GlobalFoundries
1.6733 of 5 stars
$38.05
+1.5%
$47.09
+23.8%
-24.4%$21.04B$6.75B-111.9113,000
UMC
United Microelectronics
2.3687 of 5 stars
$8.12
-0.7%
$7.40
-8.9%
-13.3%$20.40B$7.09B15.0419,016Positive News
FLEX
Flex
3.6236 of 5 stars
$46.35
+0.7%
$46.00
-0.8%
+59.5%$17.30B$25.81B21.86147,979
CLS
Celestica
3.0897 of 5 stars
$136.40
+0.9%
$116.64
-14.5%
+167.3%$15.68B$10.09B37.5826,865

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This page (NASDAQ:QRVO) was last updated on 6/26/2025 by MarketBeat.com Staff
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