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Qorvo (QRVO) Competitors

Qorvo logo
$65.61 -0.69 (-1.04%)
(As of 11/15/2024 ET)

QRVO vs. ENPH, SEDG, SWKS, NOK, HUBB, STM, GFS, ASX, UI, and UMC

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Enphase Energy (ENPH), SolarEdge Technologies (SEDG), Skyworks Solutions (SWKS), Nokia Oyj (NOK), Hubbell (HUBB), STMicroelectronics (STM), GlobalFoundries (GFS), ASE Technology (ASX), Ubiquiti (UI), and United Microelectronics (UMC).

Qorvo vs.

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

Qorvo received 27 more outperform votes than Enphase Energy when rated by MarketBeat users. Likewise, 65.37% of users gave Qorvo an outperform vote while only 64.09% of users gave Enphase Energy an outperform vote.

CompanyUnderperformOutperform
QorvoOutperform Votes
823
65.37%
Underperform Votes
436
34.63%
Enphase EnergyOutperform Votes
796
64.09%
Underperform Votes
446
35.91%

Enphase Energy has a net margin of 4.91% compared to Qorvo's net margin of -3.58%. Qorvo's return on equity of 13.81% beat Enphase Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Qorvo-3.58% 13.81% 7.43%
Enphase Energy 4.91%10.56%3.01%

In the previous week, Enphase Energy had 16 more articles in the media than Qorvo. MarketBeat recorded 28 mentions for Enphase Energy and 12 mentions for Qorvo. Qorvo's average media sentiment score of 0.99 beat Enphase Energy's score of 0.33 indicating that Qorvo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qorvo
5 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enphase Energy
8 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Qorvo has a beta of 1.49, indicating that its share price is 49% more volatile than the S&P 500. Comparatively, Enphase Energy has a beta of 1.77, indicating that its share price is 77% more volatile than the S&P 500.

88.6% of Qorvo shares are owned by institutional investors. Comparatively, 72.1% of Enphase Energy shares are owned by institutional investors. 0.5% of Qorvo shares are owned by insiders. Comparatively, 3.4% of Enphase Energy shares are owned 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qorvo$3.77B1.65-$70.32M-$1.46-44.94
Enphase Energy$1.25B6.43$438.94M$0.44135.27

Qorvo presently has a consensus target price of $102.88, indicating a potential upside of 56.81%. Enphase Energy has a consensus target price of $102.76, indicating a potential upside of 72.65%. Given Enphase Energy's stronger consensus rating and higher possible upside, analysts plainly believe Enphase Energy is more favorable than Qorvo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qorvo
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00
Enphase Energy
4 Sell rating(s)
15 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.30

Summary

Enphase Energy beats Qorvo on 11 of the 18 factors compared between the two stocks.

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.
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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$6.20B$59.41B$24.54B$8.66B
Dividend YieldN/A2.39%2.79%4.06%
P/E Ratio-44.9435.80244.0417.27
Price / Sales1.6534.593,388.1469.06
Price / Cash7.8124.2235.6836.35
Price / Book1.827.906.855.87
Net Income-$70.32M$999.37M$677.40M$225.66M
7 Day Performance-6.74%-6.49%-2.23%-1.34%
1 Month Performance-37.08%-4.97%-0.03%1.15%
1 Year Performance-30.26%6.88%16.82%24.02%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.895 of 5 stars
$65.61
-1.0%
$102.88
+56.8%
-30.1%$6.20B$3.77B-44.948,700
ENPH
Enphase Energy
4.5937 of 5 stars
$59.52
-6.4%
N/A-34.4%$8.04B$1.25B135.273,157Analyst Forecast
Short Interest ↑
Gap Up
SEDG
SolarEdge Technologies
4.4908 of 5 stars
$10.64
-17.1%
N/A-86.1%$616.59M$2.98B-0.375,633Analyst Forecast
Insider Buying
SWKS
Skyworks Solutions
4.8119 of 5 stars
$83.69
-0.4%
N/A-10.4%$13.37B$4.18B22.629,750Earnings Report
Dividend Announcement
Analyst Forecast
Insider Selling
Short Interest ↑
News Coverage
NOK
Nokia Oyj
1.6017 of 5 stars
$4.46
-0.7%
N/A+26.2%$24.32B$24.09B55.7586,689Short Interest ↑
HUBB
Hubbell
4.0041 of 5 stars
$437.61
-0.6%
N/A+51.1%$23.49B$5.37B31.5318,317Analyst Upgrade
Insider Selling
Short Interest ↓
STM
STMicroelectronics
4.2038 of 5 stars
$25.27
-3.2%
N/A-44.3%$22.83B$17.29B10.4051,323Positive News
GFS
GlobalFoundries
3.4022 of 5 stars
$41.29
-3.4%
N/A-26.8%$22.78B$6.77B30.8112,000
ASX
ASE Technology
3.9459 of 5 stars
$9.54
-0.5%
N/A+12.2%$20.94B$593.73B21.2092,894
UI
Ubiquiti
2.4778 of 5 stars
$335.14
-2.3%
N/A+189.3%$20.27B$1.93B51.881,515Dividend Announcement
Analyst Upgrade
UMC
United Microelectronics
2.1404 of 5 stars
$6.78
-1.5%
N/A-10.8%$16.99B$7.25B10.4319,833Analyst Downgrade
News Coverage

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This page (NASDAQ:QRVO) was last updated on 11/17/2024 by MarketBeat.com Staff
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