QRVO Stock Analysis: Qorvo | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 8.430m USD | 12M Return: 3.5% | US74736K1016 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 109M
EPS Trend: 72.4%
Qual. Beats: 3
Rev. Trend: 29.2%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Qorvo, Inc. (NASDAQ: QRVO) is a U.S.-based semiconductor company that designs and commercializes radio frequency (RF), connectivity, and power solutions for wireless, wired, and power markets across the United States, China, rest of Asia, Taiwan, and Europe. Founded in 1957 and headquartered in Greensboro, North Carolina, the company operates as a fabless designer that relies on its own compound semiconductor foundry services and external manufacturing partners.
The company is organized into three reporting segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). HPA supplies RF, analog mixed-signal, and power management solutions primarily to defense and aerospace customers, while also providing compound semiconductor foundry, wafer processing, and advanced packaging services. CSG delivers connectivity and sensor technologies such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, and Wi-Fi to smart home, industrial automation, automotive, smartphone, wearable, gaming, and enterprise markets. ACG focuses on cellular RF solutions for smartphones, wearables, laptops, and tablets, and also serves defense primes and aerospace customers with foundry services.
Qorvo sells its products directly to original equipment manufacturers (OEMs) and original design manufacturers (ODMs), and also distributes through a network of sales representative firms and distributors. As a participant in the global semiconductors sub-industry, the company competes in the highly cyclical RF semiconductor market, where demand is closely tied to smartphone unit volumes, the rollout of new wireless standards (such as 5G and Wi-Fi 7), and rising content per device for features like UWB, Wi-Fi, and power management.
- Apple iPhone production cuts drag ACG cellular revenue
- China smartphone weakness pressures ACG segment margins
- HPA defense and aerospace segment delivers high-margin stability
- UWB adoption expands RF content per device
| Net Income: 399.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 1.15 > 1.0 |
| NWC/Revenue: 47.99% < 20% (prev 39.66%; Δ 8.33% < -1%) |
| CFO/TA 0.13 > 3% & CFO 765.2m > Net Income 399.2m |
| Net Debt (220.2m) to EBITDA (778.6m): 0.28 < 3 |
| Current Ratio: 3.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (89.4m) vs 12m ago -4.70% < -2% |
| Gross Margin: 48.22% > 18% (prev 42.04%; Δ 6.17% > 0.5%) |
| Asset Turnover: 61.06% > 50% (prev 60.88%; Δ 0.19% > 0%) |
| Interest Coverage Ratio: 7.65 > 6 (EBIT TTM 537.3m / Interest Expense TTM 70.2m) |
| A: 0.29 (Total Current Assets 2.44b - Total Current Liabilities 687.7m) / Total Assets 5.94b |
| B: 0.02 (Retained Earnings 124.6m / Total Assets 5.94b) |
| C: 0.09 (EBIT TTM 537.3m / Avg Total Assets 5.97b) |
| D: 1.41 (Book Value of Equity 3.47b / Total Liabilities 2.47b) |
| Altman-Z'' = 4.08 = AA |
| DSRI: 1.16 (Receivables 395.9m/343.3m, Revenue 3.64b/3.65b) |
| GMI: 0.87 (GM 42.04% / 48.22%) |
| AQI: 0.96 (AQ_t 0.48 / AQ_t-1 0.49) |
| SGI: 1.00 (Revenue 3.64b / 3.65b) |
| TATA: -0.06 (NI 399.2m - CFO 765.2m) / TA 5.94b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of August 25, 2026, the stock is trading at USD 95.37 with a total of 593,113 shares traded. Over the past week, the price has changed by -0.70%, over one month by +10.24%, over three months by -11.88% and over the past year by +3.53%.
Current recommended Stop Loss: 91.10 (which is 4.5% or 1.5 ATR below the current price).
Qorvo has received a consensus analysts rating of 3.27. Therefore, it is recommended to hold QRVO.
- StrongBuy: 4
- Buy: 3
- Hold: 16
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 90.8 | -4.8% |
P/E Trailing = 22.1717
P/E Forward = 12.4069
P/S = 2.3131
P/B = 2.4472
P/EG = 0.8865
Revenue TTM = 3.64b USD
EBIT TTM = 537.3m USD
EBITDA TTM = 778.6m USD
Long Term Debt = 1.55b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 1.55b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 220.2m USD (calculated: Debt 1.55b - CCE 1.33b)
Enterprise Value = 8.65b USD (8.43b + Debt 1.55b - CCE 1.33b)
Interest Coverage Ratio = 7.65 (Ebit TTM 537.3m / Interest Expense TTM 70.2m)
EV/FCF = 13.32x (Enterprise Value 8.65b / FCF TTM 649.5m)
FCF Yield = 7.51% (FCF TTM 649.5m / Enterprise Value 8.65b)
FCF Margin = 17.82% (FCF TTM 649.5m / Revenue TTM 3.64b)
Net Margin = 10.95% (Net Income TTM 399.2m / Revenue TTM 3.64b)
Gross Margin = 48.22% ((Revenue TTM 3.64b - Cost of Revenue TTM 1.89b) / Revenue TTM)
Gross Margin QoQ = 51.09% (prev 48.87%)
Tobins Q-Ratio = 1.46 (Enterprise Value 8.65b / Total Assets 5.94b)
Interest Expense / Debt = 4.53% (Interest Expense 70.2m / Debt 1.55b)
Taxrate = 14.54% (67.9m / 467.1m)
NOPAT = 459.2m (EBIT 537.3m * (1 - 14.54%))
Current Ratio = 3.54 (Total Current Assets 2.44b / Total Current Liabilities 687.7m)
Debt / Equity = 0.45 (Debt 1.55b / totalStockholderEquity, last quarter 3.47b)
Debt / EBITDA = 0.28 (Net Debt 220.2m / EBITDA 778.6m)
Debt / FCF = 0.34 (Net Debt 220.2m / FCF TTM 649.5m)
Total Stockholder Equity = 3.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.69% (Net Income 399.2m / Total Assets 5.94b)
RoE = 11.39% (Net Income TTM 399.2m / Total Stockholder Equity 3.51b)
RoCE = 10.63% (EBIT 537.3m / Capital Employed (Equity 3.51b + L.T.Debt 1.55b))
RoIC = 9.06% (NOPAT 459.2m / Invested Capital 5.07b)
WACC = 10.45% (E(8.43b)/V(9.98b) * Re(11.66%) + D(1.55b)/V(9.98b) * Rd(4.53%) * (1-Tc(0.15)))
Discount Rate = 11.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.92 | Cagr: -3.73%
[DCF] Terminal Value 69.99% ; FCFF base≈624.6m ; Y1≈682.2m ; Y5≈855.0m
[DCF] Fair Price = 106.1 (EV 9.58b - Net Debt 220.2m = Equity 9.36b / Shares 88.2m; r=10.45% [WACC]; 5y FCF grow 10.62% → 2.50% )
EPS Correlation: 72.36 | EPS CAGR: 15.46% | SUE: 3.28 | # QB: 3
Revenue Correlation: 29.19 | Revenue CAGR: 2.07% | SUE: 2.97 | # QB: 1
EPS current Quarter (2026-09-30): EPS=2.07 | Chg30d=+9.01% | Revisions=+50% | Analysts=14
EPS next Quarter (2026-12-31): EPS=2.16 | Chg30d=+3.49% | Revisions=+36% | Analysts=14
EPS current Year (2027-03-31): EPS=7.56 | Chg30d=+9.72% | Revisions=+81% | GrowthEPS=+8.0% | GrowthRev=-4.8%
EPS next Year (2028-03-31): EPS=7.96 | Chg30d=+1.72% | Revisions=+30% | GrowthEPS=+5.3% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +62% (up=35, down=7)