Lumida
/QRVO
⌘K
Qorvo Inc

Qorvo Inc

QRVO
$116.65USD+3.82%+4.29 today

MARKET CAP

10.3B

P/E (TTM)

32.2x

FWD P/E

DAY RANGE

$113 – $121

52W RANGE

$75
$121

AI Summary

Stalk
Sell NowMedium

QRVO has formed a blow-off top exhaustion at the prior resistance region with a long upper wick and standout volume, leaving price extended well above rising EMAs and into extreme overbought territory, which warrants initiating a short entry now on the rejection zone near recent highs.

  • Q3 FY26 non-GAAP gross margin improved to 49.1%, with management targeting >50%.
  • Adjusted EPS of $2.17 outperformed the $1.20 estimate, signaling efficiency gains.
  • Android exit drives a ~9% Q3 revenue decline and costs ~$300M in FY27 revenue.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2022FY 2023FY 2024FY 2025FY 2026TREND
Sales, Adj.$4.6B$3.6B$3.8B$3.7B$3.7B
YoY %+15.7%-23.2%+5.6%-1.3%-1.1%
P / Sales3.0x2.9x3.0x1.9x1.9x
EV / Sales3.4x3.5x3.5x2.3x2.3x
Gross Profit, Adj.$2.3B$1.3B$1.4B$1.4B$1.6B
YoY %+21.4%-43.3%+6.8%+4.0%+11.2%
Margin %49.2%36.3%36.7%38.7%43.5%
EV / Gross Profit6.9x9.5x9.5x5.9x5.2x
EBITDA, Adj.$1.6B$534.4M$634.0M$584.9M$756.2M
YoY %+20.0%-67.3%+18.6%-7.7%+29.3%
Margin %35.2%15.0%16.8%15.7%20.6%
EV / EBITDA9.6x23.1x20.7x14.4x11.1x
EBIT$1.2B$183.2M$91.7M$95.5M$411.4M
YoY %+35.2%-85.1%-49.9%+4.2%+330.7%
Margin %26.4%5.1%2.4%2.6%11.2%
EV / EBIT12.9x67.5x142.9x88.3x20.4x
Net Income$1.0B$103.2M$-70.3M$55.6M$339.0M
YoY %+40.9%-90.0%-168.2%+179.1%+509.5%
Net Margin22.2%2.9%-1.9%1.5%9.2%
EPS (GAAP)$9.26$1.00-$0.72$0.58$3.62
YoY %+46.5%-89.2%-172.0%+180.6%+524.1%