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Qorvo (QRVO) Competitors

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$76.07 -1.03 (-1.34%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$76.19 +0.12 (+0.16%)
As of 02/21/2025 06:58 PM Eastern
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QRVO vs. NOK, ERIC, GFS, ASX, STM, HUBB, UI, FLEX, UMC, and CLS

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

Qorvo vs.

Nokia Oyj (NYSE:NOK) and Qorvo (NASDAQ:QRVO) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, media sentiment, risk, institutional ownership, community ranking, earnings, profitability, valuation and analyst recommendations.

In the previous week, Nokia Oyj had 9 more articles in the media than Qorvo. MarketBeat recorded 23 mentions for Nokia Oyj and 14 mentions for Qorvo. Qorvo's average media sentiment score of 1.20 beat Nokia Oyj's score of 0.54 indicating that Qorvo is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia Oyj
8 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Qorvo
10 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia Oyj has a net margin of 6.54% compared to Qorvo's net margin of 0.71%. Qorvo's return on equity of 12.41% beat Nokia Oyj's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia Oyj6.54% 10.30% 5.52%
Qorvo 0.71%12.41%6.74%

Nokia Oyj received 172 more outperform votes than Qorvo when rated by MarketBeat users. However, 65.04% of users gave Qorvo an outperform vote while only 61.24% of users gave Nokia Oyj an outperform vote.

CompanyUnderperformOutperform
Nokia OyjOutperform Votes
1000
61.24%
Underperform Votes
633
38.76%
QorvoOutperform Votes
828
65.04%
Underperform Votes
445
34.96%

Nokia Oyj has higher revenue and earnings than Qorvo. Nokia Oyj 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
Nokia Oyj$20.80B1.29$1.38B$0.2519.74
Qorvo$3.77B1.88-$70.32M$0.28271.68

Nokia Oyj presently has a consensus price target of $5.85, indicating a potential upside of 18.54%. Qorvo has a consensus price target of $95.84, indicating a potential upside of 25.99%. Given Qorvo's higher probable upside, analysts plainly believe Qorvo is more favorable than Nokia Oyj.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia Oyj
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Qorvo
3 Sell rating(s)
12 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.05

5.3% of Nokia Oyj shares are owned by institutional investors. Comparatively, 88.6% of Qorvo shares are owned by institutional investors. 0.5% of Qorvo shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Nokia Oyj has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.

Summary

Qorvo beats Nokia Oyj on 11 of the 17 factors compared between the two stocks.

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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$7.20B$61.77B$26.31B$9.02B
Dividend YieldN/A2.05%2.74%3.84%
P/E Ratio271.6838.6041.9416.68
Price / Sales1.8831.402,555.5885.13
Price / Cash9.1826.9435.4037.32
Price / Book2.107.346.874.65
Net Income-$70.32M$751.28M$731.18M$245.69M
7 Day Performance-0.12%-0.58%-2.03%-2.67%
1 Month Performance-12.65%-7.26%-0.09%-2.16%
1 Year Performance-32.95%49.17%19.97%12.90%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.5699 of 5 stars
$76.07
-1.3%
$95.84
+26.0%
-32.0%$7.20B$3.77B271.688,700Positive News
NOK
Nokia Oyj
2.8439 of 5 stars
$4.99
-0.1%
$5.86
+17.6%
+39.8%$27.18B$20.80B19.9486,689Analyst Forecast
Analyst Revision
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.1045 of 5 stars
$7.87
-0.5%
$6.70
-14.9%
+47.9%$26.23B$23.45B-787,000.0099,952
GFS
GlobalFoundries
2.1151 of 5 stars
$43.16
+0.8%
$49.64
+15.0%
-20.5%$23.81B$6.75B32.2112,000
ASX
ASE Technology
2.5433 of 5 stars
$10.85
+0.3%
N/A+14.3%$23.81B$18.69B24.1092,894
STM
STMicroelectronics
4.0508 of 5 stars
$24.46
+2.3%
$31.26
+27.8%
-38.2%$22.09B$13.27B14.7351,323Analyst Upgrade
HUBB
Hubbell
4.2402 of 5 stars
$389.93
-0.8%
$471.50
+20.9%
+6.4%$20.93B$5.63B27.1518,317Buyback Announcement
UI
Ubiquiti
1.589 of 5 stars
$342.28
-0.3%
$331.00
-3.3%
+156.9%$20.70B$1.93B52.981,515Earnings Report
Ex-Dividend
FLEX
Flex
3.1332 of 5 stars
$42.51
+0.3%
$44.33
+4.3%
+48.0%$16.29B$26.42B17.14148,000
UMC
United Microelectronics
3.0332 of 5 stars
$6.27
-0.6%
$7.40
+18.1%
-16.1%$15.70B$7.09B10.8019,833News Coverage
CLS
Celestica
3.563 of 5 stars
$132.16
+1.8%
$104.91
-20.6%
+220.8%$15.38B$9.65B35.3426,554Analyst Forecast
Positive News
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This page (NASDAQ:QRVO) was last updated on 2/22/2025 by MarketBeat.com Staff
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