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Added to YB: 2024-01-29

Pitch date: 2024-01-26

QRVO [bullish]

Qorvo, Inc.

-15.67%

current return

Author Info

No bio for this author

Company Info

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe.

Market Cap

$7.9B

Pitch Price

$104.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

10.87

P/E

36.98

EV/Sales

2.27

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Qorvo: Riding The Microchip Rebound (SA Quant)

$QRVO: Chip supplier for phones, laptops w/ $10B mkt cap. 75% Q2 sales from Apple/Samsung. Growth in 5G, UWB, defense. Strong EPS growth, margins, undervalued PEG. Risks: client concentration, geopolitics. +37% FY24 EPS est, PT up on AI. Quant Strong Buy.

Read full article (4 min)