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Qorvo (DE:2QO)
FRANKFURT:2QO
Qorvo (2QO) Stock Price & Analysis
2 Followers
2QO Stock Chart & Stats
Day’s Range€106.94 - €109.9
52-Week Range― - ―
Previous Close€107.32
Volume10.00
Average Volume (3M)N/A
Market Cap
$10.53B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 01, 2024EPS Estimate
€1.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€103.99Price Target Upside-5.37% Downside
Rating ConsensusHold
Number of Analyst Covering17
Qorvo News
PremiumPress Releases
Qorvo® Announces Date of 2024 Investor Day
PremiumCompany Announcements
Qorvo Announces Definitive Agreement to Acquire AnokiwaveBulls Say, Bears Say
Bulls Say
Financial PerformanceQorvo's revenue and earnings per share performance surpassed expectations, indicating a robust financial health and outpacing its peers.
Market ExpansionAnalyst anticipates a significant uptick in 5G device sales, with potential growth exceeding 10% year-over-year.
Operational EfficiencyQorvo has achieved a record Free Cash Flow, showcasing efficient capital management and strong operational execution.
Bears Say
Company PerformanceThe company's profit margins are expected to be pressured in the near term, as the pass-through of high-cost inventory is anticipated to affect several upcoming quarters.
Financial GuidanceGuidance for MarQ indicates a significant decrease in revenue with expectations of softer gross margins due to underutilization and high-cost inventories.
Market OutlookConcerns are growing over a potential decline in iPhone units in the latter half of the year, exacerbated by a lack of new features to drive consumer interest.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
2.95% Other Institutional Investors
97.05% Public Companies and
Individual Investors
2QO FAQ
What was Qorvo’s price range in the past 12 months?
Currently, no data Available
What is Qorvo’s market cap?
Currently, no data Available
When is Qorvo’s upcoming earnings report date?
Qorvo’s upcoming earnings report date is May 01, 2024 which is tomorrow.
How were Qorvo’s earnings last quarter?
Qorvo released its earnings results on Jan 31, 2024. The company reported €1.961 earnings per share for the quarter, beating the consensus estimate of €1.548 by €0.413.
Is Qorvo overvalued?
According to Wall Street analysts Qorvo’s price is currently Overvalued.
Does Qorvo pay dividends?
Qorvo does not currently pay dividends.
What is Qorvo’s EPS estimate?
Qorvo’s EPS estimate is €1.13.
How many shares outstanding does Qorvo have?
Currently, no data Available
What happened to Qorvo’s price movement after its last earnings report?
Qorvo reported an EPS of €1.961 in its last earnings report, beating expectations of €1.548. Following the earnings report the stock price went up 5.656%.
Which hedge fund is a major shareholder of Qorvo?
Among the largest hedge funds holding Qorvo’s share is Vulcan Value Partners, Llc. It holds Qorvo’s shares valued at 187M.
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Qorvo Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€103.99 (-5.37% Downside)
€103.99 (-5.37% Downside)
Blogger Sentiment
Bullish
DE:2QO Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.05%
12-Months-Change
Fundamentals
Return on Equity
-5.42%
Trailing 12-Months
Asset Growth
-5.33%
Trailing 12-Months
Company Description
Qorvo
Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.
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2QO Earnings Call
Q3 2024
0:00 / 0:00
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2QO Revenue Breakdown
66.34% ACG
20.37% HPA
13.29% CSG
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2QO Stock 12 Months Forecast
Average Price Target
€103.99
▼(-5.37% Downside)
Technical Analysis
Best Analysts Covering 2QO
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+39.18%
upgraded a buy rating 9 months ago
Copying Karl Ackerman's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +39.18% per trade.
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