Qorvo (QRVO) Competitors

$97.69
+0.67 (+0.69%)
(As of 05/10/2024 08:55 PM ET)

QRVO vs. LSCC, AMKR, MTSI, ALAB, RMBS, ALGM, CRUS, FORM, IPGP, and SLAB

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Lattice Semiconductor (LSCC), Amkor Technology (AMKR), MACOM Technology Solutions (MTSI), Astera Labs (ALAB), Rambus (RMBS), Allegro MicroSystems (ALGM), Cirrus Logic (CRUS), FormFactor (FORM), IPG Photonics (IPGP), and Silicon Laboratories (SLAB). These companies are all part of the "semiconductors & related devices" industry.

Qorvo vs.

Lattice Semiconductor (NASDAQ:LSCC) and Qorvo (NASDAQ:QRVO) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership, community ranking, media sentiment and dividends.

98.1% of Lattice Semiconductor shares are held by institutional investors. Comparatively, 88.6% of Qorvo shares are held by institutional investors. 1.8% of Lattice Semiconductor shares are held by insiders. Comparatively, 0.4% of Qorvo shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Lattice Semiconductor has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.

Lattice Semiconductor presently has a consensus target price of $83.36, indicating a potential upside of 19.86%. Qorvo has a consensus target price of $110.83, indicating a potential upside of 13.45%. Given Qorvo's stronger consensus rating and higher possible upside, analysts plainly believe Lattice Semiconductor is more favorable than Qorvo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lattice Semiconductor
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73
Qorvo
2 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.28

In the previous week, Qorvo had 12 more articles in the media than Lattice Semiconductor. MarketBeat recorded 19 mentions for Qorvo and 7 mentions for Lattice Semiconductor. Qorvo's average media sentiment score of 1.24 beat Lattice Semiconductor's score of 0.42 indicating that Lattice Semiconductor is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lattice Semiconductor
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Qorvo
7 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
5 Negative mention(s)
1 Very Negative mention(s)
Neutral

Lattice Semiconductor has higher earnings, but lower revenue than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than Lattice Semiconductor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lattice Semiconductor$737.15M12.98$259.06M$1.5644.58
Qorvo$3.77B2.50-$70.32M-$0.73-133.82

Lattice Semiconductor has a net margin of 31.42% compared to Lattice Semiconductor's net margin of -1.86%. Qorvo's return on equity of 28.61% beat Lattice Semiconductor's return on equity.

Company Net Margins Return on Equity Return on Assets
Lattice Semiconductor31.42% 28.61% 23.07%
Qorvo -1.86%13.43%7.47%

Qorvo received 295 more outperform votes than Lattice Semiconductor when rated by MarketBeat users. However, 69.07% of users gave Lattice Semiconductor an outperform vote while only 66.58% of users gave Qorvo an outperform vote.

CompanyUnderperformOutperform
Lattice SemiconductorOutperform Votes
518
69.07%
Underperform Votes
232
30.93%
QorvoOutperform Votes
813
66.58%
Underperform Votes
408
33.42%

Summary

Lattice Semiconductor beats Qorvo on 14 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding QRVO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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QRVO vs. The Competition

MetricQorvoSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$9.43B$45.38B$21.08B$7.80B
Dividend YieldN/A2.14%2.75%3.92%
P/E Ratio-133.8223.47242.4418.13
Price / Sales2.5015.61529.4376.71
Price / Cash11.1924.1729.4735.50
Price / Book2.656.216.614.38
Net Income-$70.32M$928.98M$641.12M$217.46M
7 Day Performance1.81%-1.56%0.43%-0.14%
1 Month Performance-12.28%-1.38%0.82%0.05%
1 Year Performance8.26%22.09%32.24%9.69%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LSCC
Lattice Semiconductor
3.9074 of 5 stars
$71.80
+0.9%
$83.36
+16.1%
-14.8%$9.88B$737.15M46.031,156Positive News
AMKR
Amkor Technology
4.924 of 5 stars
$32.78
+1.3%
$37.67
+14.9%
+54.0%$8.06B$6.50B21.5728,700Short Interest ↑
MTSI
MACOM Technology Solutions
3.1889 of 5 stars
$103.00
-0.5%
$108.33
+5.2%
+83.2%$7.43B$648.41M117.051,500Insider Selling
ALAB
Astera Labs
1.6944 of 5 stars
$76.19
-2.5%
$86.09
+13.0%
N/A$11.62BN/A0.00225Gap Down
RMBS
Rambus
4.1543 of 5 stars
$56.34
-1.1%
$77.75
+38.0%
+14.3%$6.07B$461.12M17.23623Short Interest ↑
ALGM
Allegro MicroSystems
3.7548 of 5 stars
$30.29
+0.7%
$44.50
+46.9%
-29.6%$5.85B$973.65M26.574,687Analyst Forecast
CRUS
Cirrus Logic
3.9643 of 5 stars
$91.13
+1.2%
$96.43
+5.8%
+35.2%$4.91B$1.90B28.931,702
FORM
FormFactor
3.4096 of 5 stars
$56.03
+1.4%
$47.30
-15.6%
+100.0%$4.35B$663.10M42.452,115
IPGP
IPG Photonics
4.876 of 5 stars
$89.49
+1.3%
$110.40
+23.4%
-20.1%$4.08B$1.29B23.066,180
SLAB
Silicon Laboratories
0.5576 of 5 stars
$126.12
+1.1%
$135.00
+7.0%
-6.9%$4.03B$782.26M-38.101,846Positive News

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This page (NASDAQ:QRVO) was last updated on 5/13/2024 by MarketBeat.com Staff

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