Previous Close | $88.78 |
AI Value | $80.47 |
Upside potential | -9% |
Qorvo, Inc. (QRVO) is a leading provider of core technologies and radio frequency (RF) solutions for mobile, infrastructure, and defense applications. The company operates in a highly competitive semiconductor industry, specializing in RF systems that enable wireless communications, including 5G, IoT, and aerospace/defense applications. Qorvo was formed through the merger of RF Micro Devices and TriQuint Semiconductor in 2015, consolidating its position as a key player in the RF semiconductor market. The company serves major customers such as Apple, Samsung, Huawei, and other global smartphone manufacturers, benefiting from long-term design wins in high-growth markets.
Qorvo holds a strong IP portfolio with numerous patents in RF filtering, power amplifiers, and antenna tuning. The company is a leader in BAW (Bulk Acoustic Wave) filter technology, critical for 5G and advanced wireless applications. Qorvo invests heavily in R&D (~10-12% of revenue) to maintain its technological edge.
Qorvo is well-positioned to benefit from the 5G transition and increasing RF complexity in wireless devices. Its strong technological portfolio and key customer relationships provide a competitive moat. However, investor sentiment is sensitive to smartphone demand cycles and geopolitical risks. The stock offers growth potential but carries moderate volatility due to industry cyclicality.
Qorvo 10-K (2023), Investor Presentations, Bloomberg Intelligence, Gartner Semiconductor Reports.
Historical valuation data is not available at this time.