Free Trial

Qorvo (QRVO) Competitors

Qorvo logo
$75.63 +2.72 (+3.73%)
Closing price 04:00 PM Eastern
Extended Trading
$75.74 +0.12 (+0.15%)
As of 05:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

QRVO vs. ERIC, GFS, ASX, STM, UI, HUBB, UMC, FLEX, ALAB, and CLS

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Telefonaktiebolaget LM Ericsson (publ) (ERIC), GlobalFoundries (GFS), ASE Technology (ASX), STMicroelectronics (STM), Ubiquiti (UI), Hubbell (HUBB), United Microelectronics (UMC), Flex (FLEX), Astera Labs (ALAB), and Celestica (CLS). These companies are all part of the "electronic equipment" industry.

Qorvo vs.

Qorvo (NASDAQ:QRVO) and Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, dividends, institutional ownership, earnings, valuation, community ranking, profitability, analyst recommendations and risk.

Qorvo received 188 more outperform votes than Telefonaktiebolaget LM Ericsson (publ) when rated by MarketBeat users. Likewise, 65.04% of users gave Qorvo an outperform vote while only 57.81% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.

CompanyUnderperformOutperform
QorvoOutperform Votes
828
65.04%
Underperform Votes
445
34.96%
Telefonaktiebolaget LM Ericsson (publ)Outperform Votes
640
57.81%
Underperform Votes
467
42.19%

In the previous week, Qorvo had 7 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 14 mentions for Qorvo and 7 mentions for Telefonaktiebolaget LM Ericsson (publ). Qorvo's average media sentiment score of 1.61 beat Telefonaktiebolaget LM Ericsson (publ)'s score of 1.49 indicating that Qorvo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qorvo
13 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Telefonaktiebolaget LM Ericsson (publ)
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Qorvo presently has a consensus price target of $95.84, suggesting a potential upside of 26.72%. Telefonaktiebolaget LM Ericsson (publ) has a consensus price target of $6.70, suggesting a potential downside of 18.69%. Given Qorvo's stronger consensus rating and higher possible upside, equities research analysts clearly believe Qorvo is more favorable than Telefonaktiebolaget LM Ericsson (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qorvo
3 Sell rating(s)
12 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.05
Telefonaktiebolaget LM Ericsson (publ)
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Qorvo has a net margin of 0.71% compared to Telefonaktiebolaget LM Ericsson (publ)'s net margin of 0.06%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 13.70% beat Qorvo's return on equity.

Company Net Margins Return on Equity Return on Assets
Qorvo0.71% 12.41% 6.74%
Telefonaktiebolaget LM Ericsson (publ) 0.06%13.70%4.42%

Telefonaktiebolaget LM Ericsson (publ) has higher revenue and earnings than Qorvo. Telefonaktiebolaget LM Ericsson (publ) is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qorvo$3.79B1.86-$70.32M$0.28270.11
Telefonaktiebolaget LM Ericsson (publ)$247.88B0.11$1.89M-$0.00-824,000.00

88.6% of Qorvo shares are held by institutional investors. Comparatively, 8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are held by institutional investors. 0.5% of Qorvo shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Qorvo has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.81, indicating that its stock price is 19% less volatile than the S&P 500.

Summary

Qorvo beats Telefonaktiebolaget LM Ericsson (publ) on 15 of the 18 factors compared between the two stocks.

Remove Ads
Get Qorvo News Delivered to You Automatically

Sign up to receive the latest news and ratings for QRVO and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

QRVO vs. The Competition

MetricQorvoSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$6.94B$53.86B$24.19B$8.32B
Dividend YieldN/A2.23%2.80%4.02%
P/E Ratio265.4540.9943.3019.35
Price / Sales1.8349.272,303.3996.59
Price / Cash9.1826.4934.5934.64
Price / Book2.056.646.404.48
Net Income-$70.32M$751.41M$734.58M$247.04M
7 Day Performance3.19%1.02%1.92%3.44%
1 Month Performance-1.07%-3.85%49,593.41%-2.48%
1 Year Performance-34.67%23.03%52,548.73%4.92%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.3812 of 5 stars
$75.63
+3.7%
$95.84
+26.7%
-36.3%$7.06B$3.79B270.118,900Positive News
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.1537 of 5 stars
$8.21
+0.4%
$6.70
-18.3%
+51.4%$27.34B$247.88B-820,500.00105,500Positive News
GFS
GlobalFoundries
3.2555 of 5 stars
$39.91
+3.3%
$49.64
+24.4%
-23.9%$22.03B$6.75B-83.1914,600
ASX
ASE Technology
3.5076 of 5 stars
$9.90
+1.5%
N/A-12.1%$21.84B$595.41B21.9992,894
STM
STMicroelectronics
4.4736 of 5 stars
$24.28
+1.1%
$31.26
+28.8%
-43.9%$21.81B$13.27B14.6348,300
UI
Ubiquiti
1.2325 of 5 stars
$334.72
+5.7%
$331.00
-1.1%
+193.4%$20.30B$2.15B45.601,515Positive News
HUBB
Hubbell
4.1188 of 5 stars
$349.59
+3.3%
$464.88
+33.0%
-16.4%$18.76B$5.63B24.3416,300Positive News
UMC
United Microelectronics
1.9548 of 5 stars
$6.80
+1.3%
$7.40
+8.9%
-17.1%$17.03B$226.87B11.7219,500Positive News
FLEX
Flex
3.5379 of 5 stars
$37.41
+2.8%
$44.33
+18.5%
+30.2%$14.33B$25.58B15.09148,000
ALAB
Astera Labs
3.9845 of 5 stars
$73.54
+3.4%
$112.77
+53.4%
+5.4%$11.93B$396.29M-42.53225
CLS
Celestica
4.0427 of 5 stars
$100.59
+4.8%
$110.83
+10.2%
+112.4%$11.70B$9.65B26.9723,900Positive News
Remove Ads

Related Companies and Tools


This page (NASDAQ:QRVO) was last updated on 3/25/2025 by MarketBeat.com Staff
From Our Partners