Risk factor
Very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
Qorvo, Inc. stands as a global innovator, developing and bringing to market a diverse array of technologies and products for wireless communication, wired infrastructure, and power management sectors across the United States, China, the broader Asian region, Taiwan, and Europe. Its operations are structured into three distinct segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA division furnishes radio frequency and power management solutions, primarily targeting the defense, aerospace, and next-generation cellular infrastructure (5G and 6G) industries. Meanwhile, the CSG segment provides advanced connectivity and sensor technologies, encompassing Ultra-Wideband (UWB), Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. Its offerings cater to a wide range of applications, from smart home devices and industrial automation to automotive systems, smartphones, wearables, gaming consoles, and enterprise-level access points. The ACG segment specializes in delivering cellular radio frequency solutions essential for modern mobile computing, including smartphones, wearables, laptops, tablets, and other connected gadgets. Furthermore, Qorvo extends its expertise by providing foundry services to leading defense contractors and other clients within the defense and aerospace sectors. The company's products reach customers either through direct sales channels to original equipment manufacturers (OEMs) and original design manufacturers (ODMs), or via an extensive network of sales representatives and distributors. Established in 1957, Qorvo, Inc. maintains its corporate headquarters in Greensboro, North Carolina.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD
Target Price
The average target price of QRVO is 91 and suggests 4% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decrea