Qorvo (QRVO) Competitors

$107.98
+0.86 (+0.80%)
(As of 04/23/2024 ET)

QRVO vs. LSCC, ALAB, AMKR, MTSI, ENPH, RMBS, SWKS, ALGM, CRUS, and SLAB

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Lattice Semiconductor (LSCC), Astera Labs (ALAB), Amkor Technology (AMKR), MACOM Technology Solutions (MTSI), Enphase Energy (ENPH), Rambus (RMBS), Skyworks Solutions (SWKS), Allegro MicroSystems (ALGM), Cirrus Logic (CRUS), and Silicon Laboratories (SLAB). These companies are all part of the "semiconductors & related devices" industry.

Qorvo vs.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lattice Semiconductor$737.15M12.69$259.06M$1.8536.77
Qorvo$3.57B2.93$103.15M-$2.15-50.46

Lattice Semiconductor presently has a consensus price target of $87.00, suggesting a potential upside of 27.03%. Qorvo has a consensus price target of $111.53, suggesting a potential upside of 2.84%. Given Qorvo's stronger consensus rating and higher possible upside, research analysts plainly believe Lattice Semiconductor is more favorable than Qorvo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lattice Semiconductor
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73
Qorvo
2 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.28

Lattice Semiconductor has a net margin of 35.14% compared to Lattice Semiconductor's net margin of -6.11%. Qorvo's return on equity of 36.07% beat Lattice Semiconductor's return on equity.

Company Net Margins Return on Equity Return on Assets
Lattice Semiconductor35.14% 36.07% 27.59%
Qorvo -6.11%10.41%5.89%

98.1% of Lattice Semiconductor shares are owned by institutional investors. Comparatively, 88.6% of Qorvo shares are owned by institutional investors. 1.2% of Lattice Semiconductor shares are owned by insiders. Comparatively, 0.4% of Qorvo shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Lattice Semiconductor has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.56, meaning that its stock price is 56% more volatile than the S&P 500.

In the previous week, Qorvo had 4 more articles in the media than Lattice Semiconductor. MarketBeat recorded 9 mentions for Qorvo and 5 mentions for Lattice Semiconductor. Lattice Semiconductor's average media sentiment score of 1.04 beat Qorvo's score of 1.03 indicating that Qorvo is being referred to more favorably in the news media.

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

Qorvo received 297 more outperform votes than Lattice Semiconductor when rated by MarketBeat users. However, 68.95% of users gave Lattice Semiconductor an outperform vote while only 66.83% of users gave Qorvo an outperform vote.

CompanyUnderperformOutperform
Lattice SemiconductorOutperform Votes
513
68.95%
Underperform Votes
231
31.05%
QorvoOutperform Votes
810
66.83%
Underperform Votes
402
33.17%

Summary

Lattice Semiconductor beats Qorvo on 13 of the 18 factors compared between the two stocks.

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

MetricQorvoSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$10.47B$42.17B$19.00B$7.48B
Dividend YieldN/A2.32%2.79%3.97%
P/E Ratio-50.4624.09234.0617.23
Price / Sales2.9313.92523.6484.44
Price / Cash12.0119.9727.3927.23
Price / Book2.785.096.664.31
Net Income$103.15M$934.98M$625.58M$213.07M
7 Day Performance-2.40%-3.00%-0.18%0.90%
1 Month Performance-5.16%-10.88%-3.56%-3.87%
1 Year Performance16.71%-2.25%14.16%6.51%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LSCC
Lattice Semiconductor
4.3853 of 5 stars
$75.07
+0.9%
$87.00
+15.9%
-26.9%$10.33B$737.15M40.581,156Upcoming Earnings
News Coverage
Positive News
ALAB
Astera Labs
0 of 5 stars
$74.52
+4.5%
$84.70
+13.7%
N/A$11.36BN/A0.00225Analyst Revision
Gap Up
AMKR
Amkor Technology
4.8682 of 5 stars
$31.21
-0.3%
$34.33
+10.0%
+23.6%$7.67B$6.50B21.3828,700Upcoming Earnings
MTSI
MACOM Technology Solutions
2.1673 of 5 stars
$99.85
+2.4%
$98.56
-1.3%
+51.3%$7.20B$648.41M96.011,500Positive News
ENPH
Enphase Energy
4.9105 of 5 stars
$110.47
-1.8%
$151.03
+36.7%
-50.6%$15.02B$2.29B36.103,157Analyst Report
News Coverage
RMBS
Rambus
4.328 of 5 stars
$58.72
-0.5%
$73.20
+24.7%
+11.0%$6.38B$461.12M19.57623Upcoming Earnings
SWKS
Skyworks Solutions
4.8996 of 5 stars
$99.01
-1.2%
$115.10
+16.3%
-8.1%$15.86B$4.77B17.559,750Upcoming Earnings
ALGM
Allegro MicroSystems
2.0473 of 5 stars
$27.00
+2.8%
$45.71
+69.3%
-37.1%$5.21B$973.65M23.684,687Positive News
CRUS
Cirrus Logic
3.6658 of 5 stars
$85.81
-1.3%
$96.43
+12.4%
-4.0%$4.63B$1.90B27.241,702Analyst Downgrade
Positive News
SLAB
Silicon Laboratories
0.8461 of 5 stars
$124.73
+0.3%
$143.29
+14.9%
-28.5%$3.98B$782.26M-110.381,846Upcoming Earnings
News Coverage

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This page (NASDAQ:QRVO) was last updated on 4/23/2024 by MarketBeat.com Staff

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