Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
QRVO [bullish]
Qorvo, Inc.
-24.69%
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
$116.94
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
Vulcan Value Partners Small Cap New Position: Qorvo, Inc.
QRVO: RF leader in mobile, IoT, aerospace. Oligopoly in critical, complex chipsets. Headwinds: China demand, excess inventory, factory underuse. Tailwinds: increasing data needs, evolving tech require more RF content. Growth potential in IoT, satellite, Wi-Fi. Expect margin expansion as secular trends drive growth.
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