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Qorvo (QRVO) Competitors

Qorvo logo
$84.21 +10.62 (+14.43%)
As of 01/17/2025 04:00 PM Eastern

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

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

Qorvo vs.

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

8.0% of Telefonaktiebolaget LM Ericsson (publ) 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.

Qorvo received 185 more outperform votes than Telefonaktiebolaget LM Ericsson (publ) when rated by MarketBeat users. Likewise, 65.19% of users gave Qorvo an outperform vote while only 57.78% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.

CompanyUnderperformOutperform
Telefonaktiebolaget LM Ericsson (publ)Outperform Votes
639
57.78%
Underperform Votes
467
42.22%
QorvoOutperform Votes
824
65.19%
Underperform Votes
440
34.81%

Qorvo has lower revenue, but higher earnings than Telefonaktiebolaget LM Ericsson (publ). 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
Telefonaktiebolaget LM Ericsson (publ)$24.83B1.15-$2.49B-$0.03-284.67
Qorvo$3.77B2.11-$70.32M-$1.46-57.68

Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500.

Telefonaktiebolaget LM Ericsson (publ) has a net margin of -0.47% compared to Qorvo's net margin of -3.58%. Qorvo's return on equity of 13.81% beat Telefonaktiebolaget LM Ericsson (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Telefonaktiebolaget LM Ericsson (publ)-0.47% 13.31% 4.33%
Qorvo -3.58%13.81%7.43%

In the previous week, Qorvo had 22 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 28 mentions for Qorvo and 6 mentions for Telefonaktiebolaget LM Ericsson (publ). Telefonaktiebolaget LM Ericsson (publ)'s average media sentiment score of 1.00 beat Qorvo's score of 0.55 indicating that Telefonaktiebolaget LM Ericsson (publ) is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Telefonaktiebolaget LM Ericsson (publ)
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Qorvo
12 Very Positive mention(s)
5 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Telefonaktiebolaget LM Ericsson (publ) presently has a consensus target price of $6.70, suggesting a potential downside of 21.55%. Qorvo has a consensus target price of $98.47, suggesting a potential upside of 16.93%. Given Qorvo's stronger consensus rating and higher probable upside, analysts clearly believe Qorvo is more favorable than Telefonaktiebolaget LM Ericsson (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Telefonaktiebolaget LM Ericsson (publ)
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33
Qorvo
2 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Qorvo beats Telefonaktiebolaget LM Ericsson (publ) on 14 of the 18 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$7.96B$63.25B$26.81B$9.06B
Dividend YieldN/A2.12%2.77%4.02%
P/E Ratio-57.6838.68233.0717.10
Price / Sales2.1127.483,177.36138.34
Price / Cash8.5425.2934.2735.97
Price / Book2.298.008.384.80
Net Income-$70.32M$914.16M$671.58M$224.91M
7 Day Performance17.46%2.33%2.05%1.90%
1 Month Performance22.93%7.82%5.09%5.08%
1 Year Performance-18.86%53.87%26.50%21.15%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.3769 of 5 stars
$84.21
+14.4%
$98.47
+16.9%
-15.7%$6.78B$3.77B0.008,700Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
High Trading Volume
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.4403 of 5 stars
$7.94
-2.3%
$6.70
-15.6%
+41.2%$26.46B$246.85B-264.6799,952News Coverage
Gap Down
NOK
Nokia Oyj
3.3763 of 5 stars
$4.48
-0.9%
$6.62
+47.7%
+30.8%$24.43B$19.77B56.0086,689Analyst Downgrade
News Coverage
HUBB
Hubbell
3.7726 of 5 stars
$417.46
-0.7%
$471.50
+12.9%
+36.1%$22.41B$5.64B30.0818,317Analyst Upgrade
Short Interest ↓
News Coverage
GFS
GlobalFoundries
3.6128 of 5 stars
$40.55
-1.0%
$50.21
+23.8%
-21.5%$22.37B$6.77B30.2614,600Analyst Revision
News Coverage
Gap Up
ASX
ASE Technology
4.0674 of 5 stars
$10.06
-4.1%
N/A+22.0%$22.08B$593.73B22.3692,894Gap Down
UI
Ubiquiti
2.4031 of 5 stars
$359.03
-0.1%
$310.50
-13.5%
+224.2%$21.71B$2.02B55.581,515Analyst Forecast
News Coverage
STM
STMicroelectronics
3.9456 of 5 stars
$23.86
-2.8%
$34.11
+43.0%
-40.2%$21.56B$14.23B9.8248,300Short Interest ↑
Gap Down
ALAB
Astera Labs
1.8815 of 5 stars
$124.25
-4.2%
$105.75
-14.9%
N/A$19.71B$305.71M0.00225Analyst Forecast
Short Interest ↑
Gap Down
UMC
United Microelectronics
3.0221 of 5 stars
$6.19
+0.7%
$7.40
+19.5%
-17.8%$15.51B$226.87B9.5219,500
FLEX
Flex
2.6838 of 5 stars
$39.37
-2.1%
$42.67
+8.4%
+93.0%$15.27B$25.45B17.42148,000Analyst Upgrade
Short Interest ↓

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This page (NASDAQ:QRVO) was last updated on 1/18/2025 by MarketBeat.com Staff
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