Qorvo Inc.

Qorvo is a holding company. Through its subsidiaries, the company designs, develops, manufactures and markets its products to U.S. and international original equipment manufacturers and original design manufacturers in two operating segments: Mobile Products, which is a supplier of cellular radio frequency (RF) and Wi-Fi solutions for mobile devices, including smartphones, wearables, laptops, tablets and cellular-based applications for the Internet of Things (IoT); and Infrastructure and Defense Products, which is a supplier of RF and system-on-a-chip solutions for cellular base stations and other wireless communications infrastructure, defense, smart home, automotive and other IoT applications.
  • TickerQRVO
  • ISINUS74736K1016
  • ExchangeNASDAQ Stock Market
  • SectorTechnology Hardware & Equipment
  • CountryUnited States
Wedbush Research

Wedbush Morning Call - Jun 14 2021 6:52AM

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Growth Surging Relative to Value Note: This report is presented in an abbreviated format, as we are in production of our January US Macro Vision book. As we head into Q4 earnings season we remain bullish on the broad market. Our bullish outlook is supported by the themes highlighted below: • Price Trends Remain Bullish. Price trends for major indexes in the US (large-, mid-, and small-caps) and abroad (MSCI EM and EAFE) remain on bullish trajectories. • Internals are Healthy. Advance/decline lines for large-, mid-, and small-caps (S&P 500, 400, and 600, respectively) remain in uptrends...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

MSCI ACWI, STOXX 600 Breaking Out The market continues to feed off of optimism surrounding the US-China “phase one” trade deal. Boris Johnson's UK election victory has added an additional tailwind, particularly in the UK and Europe, where the UK's FTSE 250 and the STOXX Europe 600 indexes are breaking out to all-time highs. At some point the euphoria is likely to wear off, but with continued global bullish developments, it remains our belief that pullbacks should be bought and that global equities are in the early stages of a broad-based advance. • Sector Relative Strength Rankings (RS...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: Many health care names are staging reversals and breaking above bullish bases, including IVC, CUTR, VREX, EHC, SEM, AMED, MD, HAE, RGEN, BIO, LCI, PBH, Semiconductor and semi-suppliers continue to be leadership (ex. ACLS, VECO, COHU, QRVO, SWKS, SYNA, CRUS, SMTC, QCOM) A number of auto component suppliers appear to be bottoming (ex. AXL, DAN, BWA)

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Homebuilders and related stocks continue to indicate a bull market. (ex. BLD, MDC, MTH, MHO, IBP, PHM, CVCO, WLH, DHI, MAS, and GFF) • The Technology Sector continues to have a number of technically attractive names that are pulling back to support levels or remain in uptrends. (ex. SEDG, FORM, KLAC, TER, AMAT, AEIS, SYNA, OLED, QRVO, CRUS, FISV, EVTC, KN, JBL, CDW, and AAPL) • Insurance and Exchange related names remain leadership in the Financial Sector (ex. CME, ICE, CB, CINF, ALL, JRVR, and RNR)

Qorvo Inc: 5 directors sold

Five Directors at Qorvo Inc sold 13,286 shares at between 177.130USD and 178.190USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...

Wedbush Research

Wedbush Morning Call - Jun 14 2021 6:52AM

Qorvo, Inc.: Update to credit analysis

Qorvo benefits from a strong niche position in the smartphone RF market and its low financial leverage. Revenue concentration and short product cycles weigh on the credit profile.

Moody's announces completion of a periodic review of ratings of Qorvo, Inc.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Qorvo, Inc.. Global Credit Research- 18 Sep 2020. New York, September 18, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Qorvo, Inc. and other ratings that are associated with the same analytical unit.

Moody's rates Qovo's new Senior Notes at Ba1

Rating Action: Moody's rates Qovo's new Senior Notes at Ba1. Global Credit Research- 15 Sep 2020. New York, September 15, 2020-- Moody's Investors Service, assigned a Ba1 rating to Qorvo, Inc's new Senior Notes due 2031.

Qorvo, Inc.: Qorvo’s solid June results and strong September guidance are credit positive

Better than expected FQ1 results and strong guidance on 5G and other ramps are credit positive.

Moody's: Qorvo's ratings are unchanged at Ba1 on announced offering of additional senior notes

Announcement: Moody's: Qorvo's ratings are unchanged at Ba1 on announced offering of additional senior notes. Global Credit Research- 28 May 2020. New York, May 28, 2020-- Moody's Investors Service says that Qorvo, Inc.' s ratings, including the Ba1 senior unsecured debt rating and Corporate Family Rating, remain unchanged following the announced offering of an additional $250 million of 4.375% Senior Notes due 2029.

Increased risk weighs on QORVO, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of QORVO (US), active in the Semiconductors industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date February 26, 2021, the closing price was USD 174.73 and its target price was estimated at USD 130.11.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch