Qorvo Intrinsic Stock Value – Qorvo Shares Rise 2.35% Amid Positive Trading Session for S&P 500 Index

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Qorvo ($NASDAQ:QRVO) Inc. recently saw its stock increase by 2.35%, with shares reaching $109.49 on Friday. This positive trend for the company coincided with a generally positive market performance, as the S&P 500 Index rose during the same trading session. Qorvo Inc. is a technology company that provides innovative radio frequency (RF) solutions for mobile, infrastructure, and aerospace/defense applications.

It is a leading provider of research, design, and manufacturing of RF components, integrated circuits, and subsystems for these types of applications. With its cutting-edge products, the company has built a strong reputation as a major innovator in the industry.

Analysis – Qorvo Intrinsic Stock Value

GoodWhale has conducted in-depth analysis of QORVO’s fundamentals and come to the conclusion that the fair value of its stock is $129.1. This calculation was derived using our proprietary Valuation Line. Currently, the market price of QORVO stock is $109.5, which is a 15.2% undervaluation from its true worth according to our calculations. We believe that this undervaluation presents an opportunity for investors to obtain QORVO shares at a bargain price. Qorvo_Shares_Rise_2.35_Amid_Positive_Trading_Session_for_SP_500_Index”>More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Qorvo. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Qorvo. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Qorvo. More…

Key Ratios Snapshot

Some of the financial key ratios for Qorvo are shown below. More…

Peers

In the world of semiconductor companies that provide radio frequency products, Qorvo Inc. has stiff competition. Its main competitors are Skyworks Solutions Inc, Broadcom Inc, and Qualcomm Inc. All of these companies are vying for a share of the market in order to provide their customers with the best products possible.

– Skyworks Solutions Inc ($NASDAQ:SWKS)

Skyworks Solutions Inc is a semiconductor company that designs, manufactures, and markets radio frequency and mixed signal semiconductor solutions for mobile, base station, satellite communications, WiFi, cable television, and other wireless communications applications. The company has a market cap of 13.87B as of 2022 and a return on equity of 17.47%.

– Broadcom Inc ($NASDAQ:AVGO)

Broadcom Inc is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions. The company’s products enable the delivery of voice, video, data and multimedia content over fixed and mobile networks to homes, businesses and public places. Broadcom’s product portfolio includes switching, routing, security and storage solutions. The company markets its products to enterprises, service providers and consumers worldwide.

– Qualcomm Inc ($NASDAQ:QCOM)

Qualcomm Inc is a leading telecommunications company with a market cap of 131.76B as of 2022. The company has a strong focus on research and development and has a return on equity of 65.09%. Qualcomm’s products and services include chipsets, modems, and other technology solutions for the wireless industry. The company has a strong presence in the global market and is a major player in the development of 5G technology.

Summary

Qorvo Inc. had a strong trading session on Friday, with its shares closing up 2.35% at $109.49. Analysts have a positive outlook for the stock, as there are expectations of strong long-term growth prospects. Qorvo has invested heavily in research and development, which will help it remain competitive and capitalize on emerging opportunities. Investors may consider Qorvo as a long-term investment option.