(QRVO) Qorvo - Ratings and Ratios

Qorvo, Inc. (NASDAQ:QRVO) is a global leader in the design, development, and manufacturing of advanced semiconductor solutions for wireless, wired, and power markets. The company operates through three core segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment specializes in delivering radio frequency (RF) and power management solutions for defense, aerospace, and next-generation 5G and 6G infrastructure markets. The CSG segment provides connectivity and sensor solutions leveraging cutting-edge technologies such as Ultra-Wideband (UWB), Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. These solutions cater to diverse markets, including smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment focuses on cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. Additionally, Qorvo offers foundry services for defense primes and other defense and aerospace customers. The company distributes its products directly to original equipment manufacturers (OEMs) and original design manufacturers (ODMs), as well as through a network of sales representative firms and distributors. Founded in 1957 and headquartered in Greensboro, North Carolina, Qorvo has established itself as a key player in enabling connectivity and innovation across multiple industries.

From a technical perspective, Qorvos stock (NASDAQ:QRVO) is currently trading at $63.78, with a 20-day average volume of 2,248,250 shares. The stock is below its 20-day simple moving average (SMA) of $61.13 but remains under pressure from its 50-day SMA of $68.53 and 200-day SMA of $86.23. The average true range (ATR) of 3.96 indicates moderate volatility. On the fundamental side, Qorvo has a market capitalization of $5.5 billion, with a price-to-earnings (P/E) ratio of 210.46 and a forward P/E of 10.34. The price-to-book (P/B) ratio is 1.63, and the price-to-sales (P/S) ratio is 1.45. The return on equity (RoE) stands at 0.80, reflecting moderate profitability relative to shareholder equity.

3-Month Forecast: - Technical Outlook: - The stock is likely to face resistance at the 50-day SMA ($68.53) and 200-day SMA ($86.23). - Support levels may emerge near the 20-day SMA ($61.13) and recent lows. - A bullish crossover of the 20-day SMA above the 50-day SMA could signal a near-term recovery. - The ATR of 3.96 suggests moderate price fluctuations, with potential downside risks if the stock breaks below $61.13. - Fundamental Outlook: - The high P/E ratio (210.46) indicates elevated valuations, but the forward P/E of 10.34 suggests market expectations of improving earnings. - The P/S ratio of 1.45 reflects reasonable valuation relative to revenues. - The RoE of 0.80 points to modest profitability, which may improve as 5G and 6G infrastructure demand grows. - Qorvos exposure to high-growth markets like 5G, IoT, and automotive could drive long-term revenue expansion.