Qorvo (QRVO) Competitors

$95.95
+0.28 (+0.29%)
(As of 05/3/2024 08:53 PM ET)

QRVO vs. ALAB, LSCC, AMKR, ENPH, MTSI, RMBS, ALGM, SWKS, CRUS, and SLAB

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

Qorvo vs.

Astera Labs (NASDAQ:ALAB) and Qorvo (NASDAQ:QRVO) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, earnings, valuation, profitability, institutional ownership and community ranking.

In the previous week, Qorvo had 36 more articles in the media than Astera Labs. MarketBeat recorded 42 mentions for Qorvo and 6 mentions for Astera Labs. Qorvo's average media sentiment score of 0.36 beat Astera Labs' score of 0.19 indicating that Astera Labs is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Astera Labs
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Qorvo
9 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
8 Negative mention(s)
3 Very Negative mention(s)
Neutral

Qorvo received 803 more outperform votes than Astera Labs when rated by MarketBeat users. However, 90.91% of users gave Astera Labs an outperform vote while only 66.64% of users gave Qorvo an outperform vote.

CompanyUnderperformOutperform
Astera LabsOutperform Votes
10
90.91%
Underperform Votes
1
9.09%
QorvoOutperform Votes
813
66.64%
Underperform Votes
407
33.36%

Astera Labs presently has a consensus price target of $86.09, indicating a potential upside of 11.86%. Qorvo has a consensus price target of $110.83, indicating a potential upside of 15.51%. Given Astera Labs' higher probable upside, analysts plainly believe Qorvo is more favorable than Astera Labs.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Astera Labs
0 Sell rating(s)
0 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
3.00
Qorvo
2 Sell rating(s)
9 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.32

88.6% of Qorvo shares are owned by institutional investors. 0.4% of Qorvo shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Astera Labs has a net margin of 0.00% compared to Astera Labs' net margin of -1.86%. Astera Labs' return on equity of 13.43% beat Qorvo's return on equity.

Company Net Margins Return on Equity Return on Assets
Astera LabsN/A N/A N/A
Qorvo -1.86%13.43%7.47%

Qorvo has higher revenue and earnings than Astera Labs.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Astera LabsN/AN/AN/AN/AN/A
Qorvo$3.77B2.46$103.15M-$0.73-131.44

Summary

Qorvo beats Astera Labs on 8 of the 13 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$9.26B$43.67B$18.77B$7.66B
Dividend YieldN/A2.17%2.74%3.95%
P/E Ratio-131.4422.25241.3118.97
Price / Sales2.4614.39521.4587.81
Price / Cash10.9921.5027.9536.06
Price / Book2.614.986.704.57
Net Income$103.15M$907.37M$615.63M$212.22M
7 Day Performance-19.25%5.43%2.51%4.75%
1 Month Performance-16.63%1.97%1.48%0.14%
1 Year Performance3.27%31.63%25.27%9.91%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALAB
Astera Labs
1.4952 of 5 stars
$84.76
-1.1%
$86.09
+1.6%
N/A$12.93BN/A0.00225Upcoming Earnings
Quiet Period Expiration
Gap Up
LSCC
Lattice Semiconductor
3.4375 of 5 stars
$68.60
-10.7%
$83.36
+21.5%
-15.9%$9.44B$737.15M37.081,156Analyst Report
Gap Up
High Trading Volume
AMKR
Amkor Technology
4.9237 of 5 stars
$32.35
+2.8%
$34.33
+6.1%
+49.8%$7.95B$6.50B22.1628,700Earnings Report
Analyst Report
Insider Selling
Analyst Revision
News Coverage
Gap Up
High Trading Volume
ENPH
Enphase Energy
4.6785 of 5 stars
$108.76
-4.5%
$137.41
+26.3%
-28.5%$14.80B$2.29B56.653,157Gap Up
MTSI
MACOM Technology Solutions
3.5064 of 5 stars
$101.95
-2.0%
$99.67
-2.2%
+82.3%$7.35B$648.41M98.031,500Analyst Report
News Coverage
Gap Up
High Trading Volume
RMBS
Rambus
3.9934 of 5 stars
$54.82
-9.4%
$77.75
+41.8%
+16.0%$5.95B$461.12M18.27623Earnings Report
Gap Up
ALGM
Allegro MicroSystems
2.0321 of 5 stars
$29.69
-1.9%
$44.50
+49.9%
-20.0%$5.73B$973.65M26.044,687Upcoming Earnings
Short Interest ↑
SWKS
Skyworks Solutions
4.9491 of 5 stars
$106.59
-1.2%
$115.10
+8.0%
-11.2%$17.08B$4.77B18.909,750Dividend Announcement
Analyst Report
Insider Buying
News Coverage
Positive News
CRUS
Cirrus Logic
2.9729 of 5 stars
$88.57
-1.9%
$96.43
+8.9%
+11.4%$4.77B$1.90B28.121,702Upcoming Earnings
Short Interest ↑
News Coverage
Gap Up
SLAB
Silicon Laboratories
0.6479 of 5 stars
$121.49
-1.8%
$135.00
+11.1%
-10.9%$3.88B$782.26M-36.701,846Gap Up

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This page (NASDAQ:QRVO) was last updated on 5/6/2024 by MarketBeat.com Staff

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