Qorvo Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 20 out of 104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 89.91.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Qorvo Inc is 7.87, ranking 41 out of 104 in the Semiconductors & Semiconductor Equipment industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 992.96M, representing a year-over-year increase of 8.36%, while its net profit experienced a year-over-year increase of 297.52%.
Key Metrics
The current valuation score of Qorvo Inc is 7.90, ranking 40 out of 104 in the Semiconductors & Semiconductor Equipment industry. Its current P/E ratio is 22.85, which is 1311.70% below the recent high of 322.55 and 5575.02% above the recent low of -1250.96.
The current earnings forecast score of Qorvo Inc is 6.40, ranking 86 out of 104 in the Semiconductors & Semiconductor Equipment industry. The average price target is 100.79, with a high of 128.00 and a low of 80.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Qorvo Inc is 9.03, ranking 38 out of 104 in the Semiconductors & Semiconductor Equipment industry. Currently, the stock price is trading between the resistance level at 87.02 and the support level at 78.06, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Qorvo Inc is 10.00, ranking 1 out of 104 in the Semiconductors & Semiconductor Equipment industry. The latest institutional shareholding proportion is 94.93%, representing a quarter-over-quarter decrease of 7.85%. The largest institutional shareholder is The Vanguard, holding a total of 10.68M shares, representing 11.52% of shares outstanding, with 2.43% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Semiconductors & Semiconductor Equipment domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Qorvo Inc is 6.36, ranking 18 out of 104 in the Semiconductors & Semiconductor Equipment industry. The company's beta value is 1.35. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Qorvo Inc’s latest ESG disclosure leads the Semiconductors & Semiconductor Equipment industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
