QRVO: Qorvo, Inc.
About
Qorvo, Inc. provides semiconductor solutions for RF and power. The firm combines product and technology leadership, systems-level expertise, and global manufacturing scale to quickly solve its customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare, and aerospace/defense. It operates through the following segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies RF and power management solutions for infrastructure, defense and aerospace, automotive power, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring multiple technologies such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT and MEMS-/BAW-based sensors. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company was formed following the merger of RF Micro Devices, founded in 2015, and TriQuint Semiconductor, incorporated in 1981. It is headquartered in Greensboro, NC.
Key Details
Market Cap
$6.69B
P/E Ratio
-48.56
1Y Stock Return
-27.51%
1Y Revenue Growth
26.11%
Dividend Yield
0.00%
Price to Book
2.0
Strategies that include QRVO
Stock's related to QRVO
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SWKS | 73.08% | $14.15B | -10.56% | 2.36% |
| TXN | 62.19% | $184.07B | +28.18% | 2.63% |
| NXPI | 59.66% | $59.37B | +13.25% | 1.75% |
| MCHP | 59.38% | $37.76B | -16.78% | 2.61% |
| KLAC | 58.99% | $89.09B | +23.43% | 0.92% |
| AVGO | 57.80% | $777.70B | +80.21% | 9.87% |
| LRCX | 57.78% | $101.02B | +10.57% | 10.62% |
| MPWR | 56.49% | $28.31B | +3.72% | 0.83% |
| AMAT | 56.15% | $151.08B | +23.60% | 0.83% |
| AME | 55.82% | $45.23B | +24.33% | 0.56% |
| CDW | 55.34% | $24.07B | -15.04% | 1.38% |
| ADI | 54.81% | $110.73B | +21.75% | 1.25% |
| OPCH | 54.33% | $4.10B | -20.29% | 0.00% |
| CRUS | 53.57% | $5.73B | +40.02% | 0.00% |
| AVT | 53.41% | $4.85B | +17.18% | 2.27% |
| MRVL | 53.35% | $83.90B | +86.23% | 0.25% |
| STM | 53.21% | $23.33B | -45.02% | 1.17% |
| ON | 53.11% | $31.49B | +1.16% | 0.00% |
| MKSI | 53.04% | $7.94B | +40.54% | 0.76% |
| ENTG | 52.62% | $16.43B | +1.82% | 0.37% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FLO | -0.02% | $4.81B | +5.69% | 4.16% |
| CORZ | 0.02% | $4.48B | +2,051.37% | 0.00% |
| NEE | -0.12% | $158.49B | +31.36% | 2.67% |
| HMN | -0.19% | $1.68B | +22.13% | 3.28% |
| WHLM | -0.24% | $20.47M | -13.32% | 0.00% |
| PRT | -0.31% | $47.69M | -19.34% | 10.31% |
| NNVC | -0.35% | $20.37M | +20.75% | 0.00% |
| CNA | -0.39% | $13.49B | +21.87% | 3.52% |
| LNT | -0.40% | $15.98B | +21.17% | 3.08% |
| OCFT | -0.43% | $91.25M | -20.77% | 0.00% |
| CASI | -0.44% | $52.91M | -33.31% | 0.00% |
| PFE | 0.46% | $146.32B | -11.82% | 6.51% |
| PCVX | 0.50% | $11.42B | +69.07% | 0.00% |
| CALM | -0.52% | $4.79B | +98.18% | 2.92% |
| BEST | 0.55% | $31.41M | +7.69% | 0.00% |
| DUK | -0.56% | $88.97B | +24.21% | 3.58% |
| FMC | -0.63% | $7.41B | +7.15% | 3.89% |
| TH | -0.67% | $800.43M | -25.92% | 0.00% |
| QDEL | 0.71% | $2.75B | -40.43% | 0.00% |
| AXTA | -0.72% | $8.85B | +25.82% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| OMCL | -34.76% | $2.20B | +35.70% | 0.00% |
| GRMN | -31.08% | $40.99B | +71.90% | 1.38% |
| CHRW | -21.69% | $12.55B | +23.87% | 1.74% |
| EXEL | -21.48% | $10.16B | +58.67% | 0.00% |
| K | -19.11% | $27.82B | +50.42% | 2.80% |
| SW | -17.59% | $14.28B | +19.23% | 1.10% |
| RDDT | -17.59% | $24.87B | +316.59% | 0.00% |
| GIS | -16.66% | $37.20B | +3.17% | 3.55% |
| ABBV | -16.53% | $321.21B | +26.10% | 3.41% |
| PRDO | -16.24% | $1.83B | +57.30% | 1.73% |
| PGR | -15.53% | $154.68B | +61.58% | 0.43% |
| HUSA | -14.36% | $17.54M | -25.14% | 0.00% |
| CBOE | -14.00% | $22.18B | +16.57% | 1.10% |
| CHD | -13.27% | $27.25B | +16.97% | 1.02% |
| SMP | -13.04% | $734.85M | -10.00% | 3.43% |
| CPB | -12.72% | $13.76B | +12.73% | 3.22% |
| NRDS | -12.28% | $1.03B | +18.08% | 0.00% |
| STG | -12.21% | $32.56M | -29.30% | 0.00% |
| PG | -11.57% | $423.20B | +18.18% | 2.21% |
| CWEN.A | -11.53% | $3.21B | +14.50% | 6.02% |
ETF's related to QRVO
News
Yahoo
Let’s dig into the relative performance of Qorvo (NASDAQ:QRVO) and its peers as we unravel the now-completed Q3 processors and graphics chips earnings season.
Yahoo
Qorvo (QRVO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MarketWatch
Qorvo Inc. stock outperforms competitors on strong trading day
Yahoo
If you love investing in stocks you're bound to buy some losers. But the last three years have been particularly tough...
SeekingAlpha
Cirrus Logic reported record revenue for September, but December guidance fell short. Click here to find out why we're rating CRUS stock a buy at $100.
SeekingAlpha
Qorvo's September quarter report reveals changes and challenges, emphasizing risks and market volatility for cautious investors. Read my analysis of QRVO stock.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.