Breaking Down Qorvo: 15 Analysts Share Their Views

Ratings for Qorvo QRVO were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $89.73, a high estimate of $115.00, and a low estimate of $73.00. Highlighting a 23.96% decrease, the current average has fallen from the previous average price target of $118.00.

Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Qorvo. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Qorvo. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Qorvo compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Qorvo's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Qorvo's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Qorvo analyst ratings.

Unveiling the Story Behind Qorvo

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Qorvo's Economic Impact: An Analysis

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Decline in Revenue: Over the 3 months period, Qorvo faced challenges, resulting in a decline of approximately -5.16% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Qorvo's net margin is impressive, surpassing industry averages. With a net margin of -1.67%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Qorvo's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -0.51%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Qorvo's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.27%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Qorvo's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.58, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.