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Qorvo (QRVO) Competitors

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$78.92 +0.10 (+0.13%)
Closing price 05/20/2025 04:00 PM Eastern
Extended Trading
$78.06 -0.86 (-1.08%)
As of 07:00 AM Eastern
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QRVO vs. NOK, ERIC, UI, STM, ASX, GFS, HUBB, UMC, FLEX, and ALAB

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

Qorvo vs.

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

88.6% of Qorvo shares are held by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are held by institutional investors. 0.5% of Qorvo shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Qorvo has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.

Nokia Oyj received 171 more outperform votes than Qorvo when rated by MarketBeat users. However, 64.79% of users gave Qorvo an outperform vote while only 61.19% of users gave Nokia Oyj an outperform vote.

CompanyUnderperformOutperform
QorvoOutperform Votes
830
64.79%
Underperform Votes
451
35.21%
Nokia OyjOutperform Votes
1001
61.19%
Underperform Votes
635
38.81%

In the previous week, Qorvo had 3 more articles in the media than Nokia Oyj. MarketBeat recorded 20 mentions for Qorvo and 17 mentions for Nokia Oyj. Qorvo's average media sentiment score of 1.09 beat Nokia Oyj's score of 0.89 indicating that Qorvo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qorvo
14 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nokia Oyj
8 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia Oyj has a net margin of 6.54% compared to Qorvo's net margin of 0.71%. Qorvo's return on equity of 12.41% beat Nokia Oyj's return on equity.

Company Net Margins Return on Equity Return on Assets
Qorvo0.71% 12.41% 6.74%
Nokia Oyj 6.54%10.30%5.52%

Qorvo presently has a consensus target price of $91.21, suggesting a potential upside of 15.57%. Nokia Oyj has a consensus target price of $5.85, suggesting a potential upside of 10.17%. Given Qorvo's higher probable upside, equities research analysts clearly believe Qorvo is more favorable than Nokia Oyj.

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

Nokia Oyj has higher revenue and earnings than Qorvo. Nokia Oyj 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
Qorvo$3.72B1.98-$70.32M$0.58136.07
Nokia Oyj$19.17B1.51$1.38B$0.1535.40

Summary

Qorvo beats Nokia Oyj on 13 of the 18 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 {thisCompany.Symbol} 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

MetricQorvoSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$7.37B$59.34B$25.22B$8.48B
Dividend YieldN/A2.19%2.89%4.11%
P/E Ratio281.8642.1645.0920.05
Price / Sales1.9846.762,227.69117.08
Price / Cash9.1826.4934.7834.62
Price / Book2.187.136.794.61
Net Income-$70.32M$760.21M$737.99M$248.19M
7 Day Performance-0.65%-1.62%0.55%2.97%
1 Month Performance35.60%25.98%16.30%16.58%
1 Year Performance-19.46%28.99%52,512.20%8.16%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.2531 of 5 stars
$78.92
+0.1%
$91.21
+15.6%
-20.0%$7.37B$3.72B281.868,900Positive News
NOK
Nokia Oyj
3.1789 of 5 stars
$5.25
+1.2%
$5.85
+11.4%
+39.4%$28.63B$19.17B21.0087,900Trending News
Analyst Revision
ERIC
Telefonaktiebolaget LM Ericsson (publ)
2.3139 of 5 stars
$8.58
+1.3%
$9.80
+14.2%
+52.0%$28.59B$249.58B-858,000.00105,500Positive News
UI
Ubiquiti
1.1302 of 5 stars
$428.63
-1.6%
$343.50
-19.9%
+171.3%$25.93B$2.32B58.241,380Positive News
Gap Up
STM
STMicroelectronics
3.1362 of 5 stars
$25.84
+0.1%
$30.97
+19.9%
-38.5%$23.21B$12.32B15.5748,300Positive News
ASX
ASE Technology
3.2436 of 5 stars
$9.87
-1.0%
N/A-8.7%$21.79B$610.76B21.9397,800Positive News
Gap Up
GFS
GlobalFoundries
2.8757 of 5 stars
$39.13
-1.0%
$47.09
+20.3%
-27.6%$21.64B$6.79B-81.5214,600Gap Up
HUBB
Hubbell
3.6447 of 5 stars
$390.52
-0.4%
$457.50
+17.2%
-2.1%$20.84B$5.59B27.1916,300Positive News
UMC
United Microelectronics
3.0471 of 5 stars
$7.91
+0.6%
$7.40
-6.4%
-6.6%$19.82B$235.53B13.6419,500Positive News
Gap Up
FLEX
Flex
2.5499 of 5 stars
$41.75
-0.6%
$45.33
+8.6%
+41.7%$15.99B$25.81B16.83172,600Analyst Upgrade
ALAB
Astera Labs
2.6244 of 5 stars
$90.29
-0.3%
$98.29
+8.9%
+30.3%$14.89B$490.47M-52.19225Trending News
Insider Trade
Gap Up

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This page (NASDAQ:QRVO) was last updated on 5/21/2025 by MarketBeat.com Staff
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