Qorvo (QRVO) Competitors

$98.43
-1.08 (-1.09%)
(As of 05/17/2024 ET)

QRVO vs. LSCC, AMKR, ALAB, MTSI, RMBS, CRUS, ALGM, POWI, FORM, and IPGP

Should you be buying Qorvo stock or one of its competitors? The main competitors of Qorvo include Lattice Semiconductor (LSCC), Amkor Technology (AMKR), Astera Labs (ALAB), MACOM Technology Solutions (MTSI), Rambus (RMBS), Cirrus Logic (CRUS), Allegro MicroSystems (ALGM), Power Integrations (POWI), FormFactor (FORM), and IPG Photonics (IPGP). These companies are all part of the "semiconductors & related devices" industry.

Qorvo vs.

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

88.6% of Qorvo shares are owned by institutional investors. Comparatively, 98.1% of Lattice Semiconductor shares are owned by institutional investors. 0.4% of Qorvo shares are owned by insiders. Comparatively, 1.8% of Lattice Semiconductor shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qorvo$3.77B2.52-$70.32M-$0.73-134.84
Lattice Semiconductor$737.15M13.61$259.06M$1.5646.77

In the previous week, Lattice Semiconductor had 1 more articles in the media than Qorvo. MarketBeat recorded 17 mentions for Lattice Semiconductor and 16 mentions for Qorvo. Qorvo's average media sentiment score of 0.72 beat Lattice Semiconductor's score of 0.61 indicating that Qorvo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qorvo
8 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lattice Semiconductor
7 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Qorvo has a beta of 1.53, suggesting that its share price is 53% more volatile than the S&P 500. Comparatively, Lattice Semiconductor has a beta of 1.41, suggesting that its share price is 41% more volatile than the S&P 500.

Qorvo received 293 more outperform votes than Lattice Semiconductor when rated by MarketBeat users. However, 69.15% of users gave Lattice Semiconductor an outperform vote while only 66.58% of users gave Qorvo an outperform vote.

CompanyUnderperformOutperform
QorvoOutperform Votes
813
66.58%
Underperform Votes
408
33.42%
Lattice SemiconductorOutperform Votes
520
69.15%
Underperform Votes
232
30.85%

Lattice Semiconductor has a net margin of 31.42% compared to Qorvo's net margin of -1.86%. Lattice Semiconductor's return on equity of 28.61% beat Qorvo's return on equity.

Company Net Margins Return on Equity Return on Assets
Qorvo-1.86% 13.43% 7.47%
Lattice Semiconductor 31.42%28.61%23.07%

Qorvo presently has a consensus price target of $110.83, suggesting a potential upside of 12.60%. Lattice Semiconductor has a consensus price target of $82.09, suggesting a potential upside of 12.51%. Given Qorvo's higher possible upside, research analysts clearly believe Qorvo is more favorable than Lattice Semiconductor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qorvo
2 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.28
Lattice Semiconductor
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

Lattice Semiconductor beats Qorvo on 13 of the 18 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$9.50B$46.94B$21.58B$7.99B
Dividend YieldN/A2.07%2.72%3.91%
P/E Ratio-134.8420.21214.9715.05
Price / Sales2.5215.37552.6481.39
Price / Cash11.2724.7029.7531.98
Price / Book2.676.516.754.64
Net Income-$70.32M$921.55M$638.55M$217.28M
7 Day Performance0.76%3.77%2.08%2.90%
1 Month Performance-6.15%11.80%6.55%6.66%
1 Year Performance3.57%16.04%25.25%9.89%

Qorvo Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LSCC
Lattice Semiconductor
3.8423 of 5 stars
$71.46
+0.9%
$82.09
+14.9%
-13.8%$9.83B$737.15M45.811,156Analyst Forecast
AMKR
Amkor Technology
4.941 of 5 stars
$33.30
+1.9%
$37.67
+13.1%
+42.3%$8.19B$6.50B21.9128,700Dividend Announcement
Insider Selling
Short Interest ↑
News Coverage
ALAB
Astera Labs
1.1056 of 5 stars
$72.32
+2.9%
$86.09
+19.0%
N/A$11.26BN/A0.00225
MTSI
MACOM Technology Solutions
4.0755 of 5 stars
$102.88
+0.3%
$111.00
+7.9%
+69.0%$7.42B$648.41M116.911,500Positive News
RMBS
Rambus
4.1499 of 5 stars
$58.10
+2.0%
$80.00
+37.7%
-1.3%$6.26B$461.12M17.77623
CRUS
Cirrus Logic
4.334 of 5 stars
$110.67
+2.7%
$107.86
-2.5%
+38.7%$5.97B$1.79B22.451,702Analyst Downgrade
News Coverage
ALGM
Allegro MicroSystems
2.64 of 5 stars
$28.54
+4.7%
$37.11
+30.0%
-23.6%$5.51B$1.05B36.594,687
POWI
Power Integrations
4.5937 of 5 stars
$77.36
+0.9%
$87.40
+13.0%
-9.8%$4.39B$429.93M84.09819Insider Selling
News Coverage
FORM
FormFactor
3.4636 of 5 stars
$55.08
+0.1%
$47.30
-14.1%
+80.5%$4.27B$663.10M41.732,115Analyst Forecast
IPGP
IPG Photonics
4.7329 of 5 stars
$89.76
+0.5%
$110.40
+23.0%
-21.8%$4.09B$1.29B23.136,180

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This page (NASDAQ:QRVO) was last updated on 5/19/2024 by MarketBeat.com Staff

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