QRVO Stock Analysis — Qorvo, Inc.
Sector: Semiconductors
AI Verdict
QRVO trades at just 14.2x next year's earnings while the market expects nearly tenfold EPS growth, making it cheap for the growth on offer if its RF chip moat and customer stickiness actually deliver on these aggressive forecasts.
Competitive Moat
Qorvo designs and manufactures radio frequency (RF) chips used in smartphones, wireless infrastructure, and defense, with a defensible position due to its proprietary RF filtering technologies and long-term supply relationships with top handset makers. Its expertise in integrating multiple RF functions into single chips creates switching costs for OEM customers.
Summary
A massive forward EPS growth forecast of 961.8% is driving attention to QRVO’s sudden earnings turnaround story.
Where It Stands
QRVO trades at 14.2x next year's earnings—well below the 25x sector median—despite analyst consensus calling for 961.8% forward EPS growth after a -1.3% revenue dip last year.
Key Metrics
- Trailing P/E: 150.4x
- Forward P/E: 14.2x
- PEG Ratio: 0.16
- Earnings Growth: +9.6%
- Revenue Growth: -0.0%
- 52-Week High: $106.30
- 52-Week Low: $69.31
Analyst Consensus
8 Buy · 20 Hold · 1 Sell (29 analysts)
Bull Case
With a trailing PEG ratio of just 0.16 and forward P/E of 14.2x, the stock is priced cheaply relative to the explosive earnings growth analysts expect.
Bear Case
If the forward P/E reverts even halfway toward the sector median (from 14.2x to 20x) without the forecasted 961.8% EPS surge materializing, the stock could see a sharp de-rating.
Catalyst to Watch
Watch the next earnings report for evidence that the expected 961.8% EPS growth is materializing—any miss could trigger a rapid P/E reset.