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Qorvo, Inc. (QRVO) Report Analysis

Corporate Events

Positive

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 100...

2022-06-24 00:00:00

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Value-Defensive Index

Positive

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 100...

2022-06-24 00:00:00

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Defensive Index

Neutral

MaxLinear, Inc. Teams with Qorvo to Enable High...

2022-06-22 12:35:00

MaxLinear Inc. and Qorvo announced a combined solution that addresses the critical challenges for 32x32 and 64x64 massive MIMO radios – the si...

Neutral

U.S. Department of Defense Selects Qorvo

2022-06-15 12:00:00

Qorvo has been selected by the U.S. Department of Defense (DoD) to proceed with the Advanced Integration Interconnection and Fabrication Growt...

Neutral

Microwave Journal, Online Panel: the Future of ...

2022-06-13 13:48:00

Microwave Journal, Online Panel: The Future of Military Radar, Jun 15, 2022.

Neutral

Microwave Journal, Online Panel: the Future of ...

2022-06-13 13:48:00

Microwave Journal, Online Panel: The Future of Military Radar, Jun 15, 2022.

Neutral

Qorvo, Inc. Presents at Online Panel: The Futur...

2022-06-13 13:48:00

Qorvo, Inc. Presents at Online Panel: The Future of Military Radar, Jun-15-2022 11:00 AM. Speakers: Ted Jones, Senior Product Line Manager, Qo...

Positive

Qorvo, Inc. Announces Satcom Mmic Power Amplifier

2022-06-07 12:00:00

Qorvo, Inc. announced a 20W GaN-on-SiC power amplifier (PA) for defense and commercial satellite applications, including low earth orbit const...

Neutral

Qorvo, Inc. Presents at Embedded World 2022, Ju...

2022-05-28 09:14:00

Qorvo, Inc. Presents at Embedded World 2022, Jun-20-2022 . Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg, Germany.

Neutral

Qorvo, Inc. Presents at J.P. Morgan’s 50th Annu...

2022-05-16 12:00:00

Qorvo, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-23-2022 01:50 PM. Venue: We...

Neutral

Qorvo, Inc. Provides Financial Guidance for the...

2022-05-04 20:00:00

Qorvo, Inc. provided financial guidance for the quarter ending June 2022. For the June quarter, the company expects quarterly revenue of $1.0 ...

Neutral

Qorvo, Inc. to Report Q4, 2022 Results on May 04, 2022

2022-04-20 12:00:00

Qorvo, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on May 04, 2022

Neutral

Qorvo, Inc., Q4 2022 Earnings Call, May 04, 2022

2022-04-20 12:00:00

Qorvo, Inc., Q4 2022 Earnings Call, May 04, 2022

Neutral

Qorvo, Inc. Presents at CONNECTIONS 2022 - Expa...

2022-04-08 04:43:00

Qorvo, Inc. Presents at CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr-14-2022 09:15 AM. Speakers: Tony Testa.

Negative

Qorvo, Inc. Announces Chief Financial Officer Changes

2022-04-05 12:00:00

Qorvo, Inc. announced that Chief Financial Officer Mark Murphy is leaving the Company effective April 18, 2022. Mr. Murphy was appointed Qorvo...

Neutral

Qorvo, Inc. Presents at 25th Annual Components ...

2022-03-31 20:23:00

Qorvo, Inc. Presents at 25th Annual Components for Military & Space Electronics Conference, Apr-27-2022 11:20 AM. Speakers: Ted Jones.

Neutral

TJ Green Associates, LLC, 25th Annual Component...

2022-03-31 18:29:00

TJ Green Associates, LLC, 25th Annual Components for Military & Space Electronics Conference, Apr 25, 2022 through Apr 29, 2022.

Neutral

NürnbergMesse GmbH, Embedded World 2022, Jun 20...

2022-02-08 00:00:00

NürnbergMesse GmbH, Embedded World 2022, Jun 20, 2022 through Jun 23, 2022. Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg,...

Neutral

Qorvo Wins $4.1 Million National Institutes of ...

2022-02-07 13:00:00

Qorvo® announced it has been awarded a $4.1 million follow-on contract with the National Institutes of Health (NIH) through the Rapid Accelera...

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s...

2022-02-03 16:45:00

From October 3, 2021 to January 1, 2022, the company has repurchased 1,942,000 shares, representing 1.76% for $302.06 million. With this, the ...

Neutral

Parks Associates, Inc., CONNECTIONS 2022 - Expa...

2022-02-03 13:11:00

Parks Associates, Inc., CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr 14, 2022.

Neutral

Qorvo, Inc. Provides Earnings Guidance for the ...

2022-02-02 21:00:00

Qorvo, Inc. provided earnings guidance for the quarter and fiscal year 2022. For the fiscal year revenue growth to exceed 15% and earnings per...

Neutral

Qorvo, Inc., Q3 2022 Earnings Call, Feb 02, 2022

2022-01-19 13:07:00

Qorvo, Inc., Q3 2022 Earnings Call, Feb 02, 2022

Neutral

Qorvo, Inc. to Report Q3, 2022 Results on Feb 02, 2022

2022-01-19 13:07:00

Qorvo, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 02, 2022

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual...

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022...

Neutral

Qorvo® Announces It Is Supplying Ultra-Wideband...

2021-12-20 13:00:00

Qorvo® announced it is supplying Ultra-Wideband technology for Google’s Pixel 6 Pro flagship smartphone. The Qorvo DW3720 UWB solution enables...

Positive

Qorvo Announces Completion of Its Offering of $...

2021-12-14 21:06:00

Qorvo announced the completion of its offering of $500 million principal amount of its senior notes maturing in 2024 (the “Notes”). The Notes ...

Positive

Qorvo® Announces Pricing of $500 Million Senior...

2021-12-09 20:14:00

Qorvo® announced the pricing of its offering of $500 million principal amount of its senior notes maturing in 2024. The Notes will pay interes...

Positive

Qorvo® Announces Proposed Senior Notes Offering

2021-12-09 13:51:00

Qorvo® announced that it proposes to offer, subject to market conditions and other factors, senior notes to persons reasonably believed to be ...

Positive

Qorvo, Inc. has announced a Fixed-Income Offering.

2021-12-09 00:00:00

Qorvo, Inc. has announced a Fixed-Income Offering. Security Name: Senior Unsecured Notes Security Type: Corporate Bond/Note (Non Convertib...

Positive

Qorvo, Inc. has completed a Fixed-Income Offeri...

2021-12-09 00:00:00

Qorvo, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 1.750% Senior Unsecured Notes due December ...

Negative

Bank Of America Merrill Lynch has been added as...

2021-12-09 00:00:00

Bank Of America Merrill Lynch has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Negative

Citigroup Inc. has been added as the Co-Lead Un...

2021-12-09 00:00:00

Citigroup Inc. has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Negative

Wells Fargo & Company has been added as the Co-...

2021-12-09 00:00:00

Wells Fargo & Company has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Neutral

Qorvo, Inc. Presents at Barclays Global TMT Con...

2021-12-02 02:33:00

Qorvo, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 05:00 AM.

Positive

Qorvo® Biotechnologies Omnia™ SARS-CoV-2 Antige...

2021-11-10 13:00:00

Qorvo® announced that two recent studies confirm that the Qorvo Omnia SARS-CoV-2 Antigen Test efficiently detected SARS-CoV-2 variants circula...

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s...

2021-11-04 16:49:00

From July 4, 2021 to October 2, 2021, the company has repurchased 1,208,000 shares, representing 1.09% for $223.26 million. With this, the com...

Negative

Qorvo, Inc. Announces Appointment of Philip Che...

2021-11-03 20:10:00

Qorvo, Inc. announced the appointment of Philip Chesley as president of Qorvo’s Infrastructure & Defense Products segment, effective November ...

Neutral

Qorvo, Inc. Provides Earnings Guidance for the ...

2021-11-03 20:01:00

Qorvo, Inc. provided earnings guidance for the quarter of December 2021 and full fiscal year of 2022. For the quarter, the company expects rev...

Positive

Qorvo, Inc. (NasdaqGS:QRVO) acquired United Sil...

2021-11-03 00:00:00

Qorvo, Inc. (NasdaqGS:QRVO) acquired United Silicon Carbide, Inc. for approximately $260 million on October 19, 2021. Qorvo, Inc. paid cash co...

Neutral

Qorvo, Inc., Q2 2022 Earnings Call, Nov 03, 2021

2021-10-20 12:00:00

Qorvo, Inc., Q2 2022 Earnings Call, Nov 03, 2021

Neutral

Qorvo, Inc. to Report Q2, 2022 Results on Nov 03, 2021

2021-10-20 12:00:00

Qorvo, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2021

Neutral

Qorvo, Inc. Presents at Citi 2021 Global Techno...

2021-09-02 22:37:00

Qorvo, Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 09:40 AM.

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s...

2021-08-05 16:26:00

From April 4, 2021 to May 5, 2021, the company has repurchased 69,000 shares, representing 0.06% for $13.25 million. With this, the company ha...

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s...

2021-08-05 16:26:00

From May 5, 2021 to July 3, 2021, the company has repurchased 1,626,000 shares, representing 1.44% for $286.76 million. With this, the company...

Neutral

Qorvo, Inc. Provides Earnings Guidance for the ...

2021-08-04 20:14:00

Qorvo, Inc. provided earnings guidance for the quarter ending September 2021. For the period, the company expects revenue of $1.235 billion to...

Positive

Qorvo Biotechnologies Omnia™ SARS-CoV-2 Antigen...

2021-07-28 20:01:00

Qorvo, Inc. announced that the Qorvo Omnia™ SARS-CoV-2 Antigen Test platform completed a key milestone for the NIH Rapid Acceleration of Diagn...

Neutral

Qorvo, Inc. to Report Q1, 2022 Results on Aug 04, 2021

2021-07-21 12:00:00

Qorvo, Inc. announced that they will report Q1, 2022 results at 5:00 PM, US Eastern Standard Time on Aug 04, 2021

Neutral

Qorvo, Inc., Q1 2022 Earnings Call, Aug 04, 2021

2021-07-21 12:00:00

Qorvo, Inc., Q1 2022 Earnings Call, Aug 04, 2021

Neutral

Qorvo, Inc., Annual General Meeting, Aug 10, 2021

2021-06-29 20:31:00

Qorvo, Inc., Annual General Meeting, Aug 10, 2021, at 08:00 Eastern Daylight. Location: Four Seasons Hotel, 75 Fourteenth Street NE, Atlanta G...

Positive

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Value-Defensive Index

2022-06-24 00:00:00

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Value-Defensive Index

Positive

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Defensive Index

2022-06-24 00:00:00

Qorvo, Inc.(NasdaqGS:QRVO) added to Russell 1000 Defensive Index

Neutral

MaxLinear, Inc. Teams with Qorvo to Enable High-Efficiency Power Amplifiers for Massive MIMO Radio Solution

2022-06-22 12:35:00

MaxLinear Inc. and Qorvo announced a combined solution that addresses the critical challenges for 32x32 and 64x64 massive MIMO radios – the size, weight and power consumption. This solution reduces the radio's power, weight and volume by enabling high-efficiency power amplifiers (PAs), making massive MIMO radios more practical Additionally, this solution saves hundreds of watts per multi-element radio in both power consumption and wasted dissipated power. The combination of MaxLIN Linearization Technology and Qorvo’s GaN high efficiency power amplifier, QPD0011J Doherty power amplifier driven by QPD0006, provides breakthrough line up power efficiency of 55.14% with excellent linearized performance (ACLR < -51dBc and EVM < 3%) at 41.5dBm (14W) with 30dB of gain and operating from 3.4GHz to 3.6GHz with 2xNR100MHz carriers. This combination increases the overall power efficiency of the radio and allows for more compact radio designs through the reduction of the size of the heat sink and relaxed thermal design. The power amplifier was tested with a full 1T/1R RF front-end reference design incorporating Qorvo’s transmit and receive products. The companies will showcase this solution at Booth 3030 at International Microwave Symposium in Denver on June 19 - 24.

Neutral

U.S. Department of Defense Selects Qorvo

2022-06-15 12:00:00

Qorvo has been selected by the U.S. Department of Defense (DoD) to proceed with the Advanced Integration Interconnection and Fabrication Growth for Domestic State of the Art (SOTA) Radio Frequency Gallium Nitride (GaN) program, also known as STARRY NITE, as part of the Office of Undersecretary of Defense Research & Engineering's (OUSD R&E) microelectronics roadmap. The STARRY NITE program seeks to develop and mature domestic, open SOTA RF GaN foundries in alignment with the DoD advanced packaging ecosystem. The Qorvo team will leverage over 30 years of technology development and a long record of successfully establishing high performance, reliable GaN manufacturing technology to achieve these primary goals: To offer secure, domestic high-volume manufacturing of 90 nanometer (nm) GaN foundry processes, along with advanced interconnect features that enable high performing, innovative, and compact solutions for next-generation military and commercial wireless communications systems. Qorvo is well-positioned to realize STARRY NITE's vision and ensure accessibility of 90nm RF GaN and 90nm GaN with advanced interconnects across the Defense Industrial Base (DIB), delivering manufacturing maturity with performance and advanced integration features such as copper bumps.

Neutral

Microwave Journal, Online Panel: the Future of Military Radar, Jun 15, 2022

2022-06-13 13:48:00

Microwave Journal, Online Panel: The Future of Military Radar, Jun 15, 2022.

Neutral

Microwave Journal, Online Panel: the Future of Military Radar, Jun 15, 2022

2022-06-13 13:48:00

Microwave Journal, Online Panel: The Future of Military Radar, Jun 15, 2022.

Neutral

Qorvo, Inc. Presents at Online Panel: The Future of Military Radar, Jun-15-2022 11:00 AM

2022-06-13 13:48:00

Qorvo, Inc. Presents at Online Panel: The Future of Military Radar, Jun-15-2022 11:00 AM. Speakers: Ted Jones, Senior Product Line Manager, Qorvo High-Performance Solutions.

Positive

Qorvo, Inc. Announces Satcom Mmic Power Amplifier

2022-06-07 12:00:00

Qorvo, Inc. announced a 20W GaN-on-SiC power amplifier (PA) for defense and commercial satellite applications, including low earth orbit constellations. Qorvo’s QPA1724 amplifier operates at 17.3 to 21.2 GHz (Ku-K Band) and offers twice the power of competing PAs, along with excellent wideband linear power, gain and power added efficiency in a compact surface mount package. The market-leading QPA1724 is optimized for wide bandwidth multi-carrier high data throughput satellite applications. Key Features- Frequency Range: 17.3 - 21.2 GHz, PSAT (PIN = 27 dBm): 43 dBm, PAE (PIN = 29 dBm): 27%, Small Signal Gain: 25 dB, Bias: VD = 20 V and Dimensions: 7.5 x 6 x 1.6 mm. The QPA1724 is available now and is lead-free, RoHS compliant and 100% DC and RF tested to ensure compliance with electrical specifications.

Neutral

Qorvo, Inc. Presents at Embedded World 2022, Jun-20-2022

2022-05-28 09:14:00

Qorvo, Inc. Presents at Embedded World 2022, Jun-20-2022 . Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg, Germany.

Neutral

Qorvo, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-23-2022 01:50 PM

2022-05-16 12:00:00

Qorvo, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-23-2022 01:50 PM. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States.

Neutral

Qorvo, Inc. Provides Financial Guidance for the Quarter Ending June 2022

2022-05-04 20:00:00

Qorvo, Inc. provided financial guidance for the quarter ending June 2022. For the June quarter, the company expects quarterly revenue of $1.0 billion to $1.05 billion.

Neutral

Qorvo, Inc. to Report Q4, 2022 Results on May 04, 2022

2022-04-20 12:00:00

Qorvo, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on May 04, 2022

Neutral

Qorvo, Inc., Q4 2022 Earnings Call, May 04, 2022

2022-04-20 12:00:00

Qorvo, Inc., Q4 2022 Earnings Call, May 04, 2022

Neutral

Qorvo, Inc. Presents at CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr-14-2022 09:15 AM

2022-04-08 04:43:00

Qorvo, Inc. Presents at CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr-14-2022 09:15 AM. Speakers: Tony Testa.

Negative

Qorvo, Inc. Announces Chief Financial Officer Changes

2022-04-05 12:00:00

Qorvo, Inc. announced that Chief Financial Officer Mark Murphy is leaving the Company effective April 18, 2022. Mr. Murphy was appointed Qorvo’s CFO in June 2016 and is departing to join Micron Technology, Inc. as its CFO. Qorvo’s Vice President of Treasury, Grant Brown, has been named interim CFO through the transition period.

Neutral

Qorvo, Inc. Presents at 25th Annual Components for Military & Space Electronics Conference, Apr-27-2022 11:20 AM

2022-03-31 20:23:00

Qorvo, Inc. Presents at 25th Annual Components for Military & Space Electronics Conference, Apr-27-2022 11:20 AM. Speakers: Ted Jones.

Neutral

TJ Green Associates, LLC, 25th Annual Components for Military & Space Electronics Conference, Apr 25, 2022 through Apr 29, 2022

2022-03-31 18:29:00

TJ Green Associates, LLC, 25th Annual Components for Military & Space Electronics Conference, Apr 25, 2022 through Apr 29, 2022.

Neutral

NürnbergMesse GmbH, Embedded World 2022, Jun 20, 2022 through Jun 23, 2022

2022-02-08 00:00:00

NürnbergMesse GmbH, Embedded World 2022, Jun 20, 2022 through Jun 23, 2022. Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg, Germany.

Neutral

Qorvo Wins $4.1 Million National Institutes of Health Contract for SARS-CoV-2/ Flu Combo and Antigen Pooling

2022-02-07 13:00:00

Qorvo® announced it has been awarded a $4.1 million follow-on contract with the National Institutes of Health (NIH) through the Rapid Acceleration of Diagnostics (RADx®) initiative. The contract, awarded to Qorvo Biotechnologies, a wholly owned subsidiary of Qorvo, will help advance the clinical trials and market launch of both a SARS-CoV-2/Flu Combo Assay and SARS-CoV-2 Antigen Pooling on the Qorvo Omnia™ diagnostic test platform. Combined with a previous NIH contract award of $24.4 million, this award positions Qorvo to accelerate the production and market launch of multiple COVID testing solutions using a single platform.

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s Equity Buyback Plan announced on May 5, 2021.

2022-02-03 16:45:00

From October 3, 2021 to January 1, 2022, the company has repurchased 1,942,000 shares, representing 1.76% for $302.06 million. With this, the company has completed the repurchase of 4,776,000 shares, representing 4.29% for $812.08 million under the buyback announced on May 5, 2021.

Neutral

Parks Associates, Inc., CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr 14, 2022

2022-02-03 13:11:00

Parks Associates, Inc., CONNECTIONS 2022 - Expanding the Role of the Home Network, Apr 14, 2022.

Neutral

Qorvo, Inc. Provides Earnings Guidance for the Quarter and Fiscal Year 2022

2022-02-02 21:00:00

Qorvo, Inc. provided earnings guidance for the quarter and fiscal year 2022. For the fiscal year revenue growth to exceed 15% and earnings per share to grow 25%.For the quarter, revenue of $1.135 billion to $1.165 billion.

Neutral

Qorvo, Inc., Q3 2022 Earnings Call, Feb 02, 2022

2022-01-19 13:07:00

Qorvo, Inc., Q3 2022 Earnings Call, Feb 02, 2022

Neutral

Qorvo, Inc. to Report Q3, 2022 Results on Feb 02, 2022

2022-01-19 13:07:00

Qorvo, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 02, 2022

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States.

Neutral

Qorvo® Announces It Is Supplying Ultra-Wideband Technology for Google’s Pixel 6 Pro Flagship Smartphone

2021-12-20 13:00:00

Qorvo® announced it is supplying Ultra-Wideband technology for Google’s Pixel 6 Pro flagship smartphone. The Qorvo DW3720 UWB solution enables a breadth of new use cases from “find my stuff” applications and indoor location/indoor navigation to secure peer-to-peer financial transactions and other location-based “secure association” applications. UWB provides ultra-precise distance and location information, enabling context awareness to connected devices for seamless, secure and intuitive user experiences. Qorvo’s UWB solution developed for Pixel includes the DW3720 transceiver and full software support for the Android operating system. The software stack developed by Qorvo for the Pixel 6 Pro is compatible with other Android devices. Qorvo’s UWB solutions are compliant with the IEEE 802.15.4z standard and are developed in accordance with the FiRa consortium PHY - MAC specification and Car Connectivity Consortium (CCC) specifications. As a member of FiRa and CCC, Qorvo is committed to ensuring device interoperability and growing the UWB ecosystem. Qorvo’s UWB solutions significantly enhance the end user experience and make automotive, smartphone, and consumer and industrial IoT applications simple, smart and secure.

Positive

Qorvo Announces Completion of Its Offering of $500 Million Principal Amount of Its Senior Notes Maturing in 2024

2021-12-14 21:06:00

Qorvo announced the completion of its offering of $500 million principal amount of its senior notes maturing in 2024 (the “Notes”). The Notes will pay interest semi-annually at a rate of 1.750%. The Notes will mature on December 15, 2024, unless earlier redeemed in accordance with their terms. The Notes were issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo has used a portion of the net proceeds of the offering to repay all of its term loan and will use the remainder of the net proceeds of the offering for general corporate purposes. The Notes are senior unsecured obligations of Qorvo and are initially guaranteed, jointly and severally, by each of Qorvo’s existing and future direct and indirect wholly-owned U.S. subsidiaries that guarantee Qorvo’s obligations under its credit facility. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

Positive

Qorvo® Announces Pricing of $500 Million Senior Notes Offering

2021-12-09 20:14:00

Qorvo® announced the pricing of its offering of $500 million principal amount of its senior notes maturing in 2024. The Notes will pay interest semi-annually at a rate of 1.750%. The Notes will mature on December 15, 2024, unless earlier redeemed in accordance with their terms. Qorvo expects to close the sale of the Notes on or about December 14, 2021, subject to satisfaction of customary closing conditions. The Notes will be issued to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo expects to use the net proceeds of the offering to repay all, or a portion, of its term loan and for general corporate purposes. The Notes will be senior unsecured obligations of Qorvo and will be initially guaranteed, jointly and severally, by each of Qorvo’s existing and future direct and indirect wholly-owned U.S. subsidiaries that guarantee Qorvo’s obligations under its credit facility.

Positive

Qorvo® Announces Proposed Senior Notes Offering

2021-12-09 13:51:00

Qorvo® announced that it proposes to offer, subject to market conditions and other factors, senior notes to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo expects to use the net proceeds of the offering to repay all, or a portion of, its term loan and for general corporate purposes. The Notes will be senior unsecured obligations of Qorvo and will be initially guaranteed, jointly and severally, by each of Qorvo’s existing and future direct and indirect wholly-owned U.S. subsidiaries that guarantee Qorvo’s obligations under its credit facility. The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

Positive

Qorvo, Inc. has announced a Fixed-Income Offering.

2021-12-09 00:00:00

Qorvo, Inc. has announced a Fixed-Income Offering. Security Name: Senior Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Attached Guarantees/Guaranteed; Senior; Unsecured Transaction Features: Regulation S; Rule 144A

Positive

Qorvo, Inc. has completed a Fixed-Income Offering in the amount of $500 million.

2021-12-09 00:00:00

Qorvo, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 1.750% Senior Unsecured Notes due December 15, 2024 Security Type: Corporate Bond/Note (Non Convertible) Price\Range: 99.814% Security Features: Attached Guarantees/Guaranteed; High Yield; Senior; Unsecured Coupon Type: Fixed Security Name: 1.750% Senior Unsecured Notes due December 15, 2024 Security Type: Corporate Bond/Note (Non Convertible) Price\Range: 99.814% Security Features: Attached Guarantees/Guaranteed; High Yield; Senior; Unsecured Coupon Type: Fixed Transaction Features: Regulation S; Rule 144A

Negative

Bank Of America Merrill Lynch has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

2021-12-09 00:00:00

Bank Of America Merrill Lynch has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Negative

Citigroup Inc. has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

2021-12-09 00:00:00

Citigroup Inc. has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Negative

Wells Fargo & Company has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

2021-12-09 00:00:00

Wells Fargo & Company has been added as the Co-Lead Underwriter for Qorvo, Inc.'s $499.07 million Fixed-Income Offering.

Neutral

Qorvo, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 05:00 AM

2021-12-02 02:33:00

Qorvo, Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 05:00 AM.

Positive

Qorvo® Biotechnologies Omnia™ SARS-CoV-2 Antigen Test Detects Delta and Other Circulating Variants in Two Studies

2021-11-10 13:00:00

Qorvo® announced that two recent studies confirm that the Qorvo Omnia SARS-CoV-2 Antigen Test efficiently detected SARS-CoV-2 variants circulating in the United States. Of the two studies, one was conducted by Emory University, Georgia Institute of Technology, and Children’s Healthcare of Atlanta for the National Institutes of Health (NIH) Rapid Acceleration of Diagnostics (RADxSM) initiative and the other was performed by the Qorvo Biotechnologies Research and Development laboratory in Plymouth, Minnesota. As a RADxSM-supported company, Qorvo regularly validates the Omnia SARS-CoV-2 Antigen Test for new variant response in partnership with the RADxSM variant taskforce. Qorvo also performs internal testing on recombinant antigens with mutations specific to circulating variants. Recent work has focused on the Delta variant given significant national and international interest. Both datasets support the ability to detect all variants tested, and importantly, the Delta variant.

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s Equity Buyback Plan announced on May 5, 2021.

2021-11-04 16:49:00

From July 4, 2021 to October 2, 2021, the company has repurchased 1,208,000 shares, representing 1.09% for $223.26 million. With this, the company has completed the repurchase of 2,834,000 shares, representing 2.53% for $510.02 million under the buyback announced on May 5, 2021.

Negative

Qorvo, Inc. Announces Appointment of Philip Chesley as President of Infrastructure & Defense Products

2021-11-03 20:10:00

Qorvo, Inc. announced the appointment of Philip Chesley as president of Qorvo’s Infrastructure & Defense Products segment, effective November 1, 2021. Mr. Chesley will report to Bob Bruggeworth, president and chief executive officer of Qorvo, and he will succeed James Klein, who previously announced his intention to retire from the company.

Neutral

Qorvo, Inc. Provides Earnings Guidance for the Quarter of December 2021 and Full Fiscal Year of 2022

2021-11-03 20:01:00

Qorvo, Inc. provided earnings guidance for the quarter of December 2021 and full fiscal year of 2022. For the quarter, the company expects revenue in the range of $1.09 billion to $1.12 billion.The company expects their full fiscal year 2022 to grow 15% and to deliver gross margin over 52%.

Positive

Qorvo, Inc. (NasdaqGS:QRVO) acquired United Silicon Carbide, Inc. for approximately $260 million.

2021-11-03 00:00:00

Qorvo, Inc. (NasdaqGS:QRVO) acquired United Silicon Carbide, Inc. for approximately $260 million on October 19, 2021. Qorvo, Inc. paid cash consideration of approximately $227.1 million and contingent cash consideration of up to $31.3 million based on the achievement of certain revenue and gross margin targets subsequent to the close date and through December 31, 2022. United Silicon Carbide will become part of Qorvo’s Infrastructure & Defense Products (IDP) business and will be led by Chris Dries, who was formerly United Silicon Carbide’s president and Chief Executive Officer and is now general manager of Qorvo’s Power Device Solutions. Steve Albertso, Matthew Cantor, Helen Christakos, Ian Goldstein, Larissa Neumann, Joseph Schenck, Ethan Skerry and Steve Albertson of Fenwick & West LLP acted as legal advisor for United Silicon Carbide in the transaction. Raymond James Financial, Inc. (NYSE:RJF) acted as financial advisor to United Silicon Carbide, Inc. Qorvo, Inc. (NasdaqGS:QRVO) completed the acquisition of United Silicon Carbide, Inc. on October 19, 2021.

Neutral

Qorvo, Inc., Q2 2022 Earnings Call, Nov 03, 2021

2021-10-20 12:00:00

Qorvo, Inc., Q2 2022 Earnings Call, Nov 03, 2021

Neutral

Qorvo, Inc. to Report Q2, 2022 Results on Nov 03, 2021

2021-10-20 12:00:00

Qorvo, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2021

Neutral

Qorvo, Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 09:40 AM

2021-09-02 22:37:00

Qorvo, Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 09:40 AM.

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s Equity Buyback Plan announced on October 31, 2019.

2021-08-05 16:26:00

From April 4, 2021 to May 5, 2021, the company has repurchased 69,000 shares, representing 0.06% for $13.25 million. With this, the company has completed the repurchase of 6,107,629 shares, representing 5.32% for $762.5 million under the buyback announced on October 31, 2019.

Neutral

Tranche Update on Qorvo, Inc. (NasdaqGS:QRVO)'s Equity Buyback Plan announced on May 5, 2021.

2021-08-05 16:26:00

From May 5, 2021 to July 3, 2021, the company has repurchased 1,626,000 shares, representing 1.44% for $286.76 million. With this, the company has completed the repurchase of 1,626,000 shares, representing 1.44% for $286.76 million under the buyback announced on May 5, 2021.

Neutral

Qorvo, Inc. Provides Earnings Guidance for the Quarter Ending September 2021

2021-08-04 20:14:00

Qorvo, Inc. provided earnings guidance for the quarter ending September 2021. For the period, the company expects revenue of $1.235 billion to $1.265 billion.

Positive

Qorvo Biotechnologies Omnia™ SARS-CoV-2 Antigen Test Platform Validated in National Institutes of Health (NIH) Funded Study

2021-07-28 20:01:00

Qorvo, Inc. announced that the Qorvo Omnia™ SARS-CoV-2 Antigen Test platform completed a key milestone for the NIH Rapid Acceleration of Diagnostics (RADxSM) initiative. Atlanta’s Center for Microsystems Engineered Point-of-Care Technologies (ACME-POCT) completed two independent studies, an adult study and a pediatric study, verifying the low SARS-CoV-2 limit of detection (LOD) and high specificity/sensitivity of the Qorvo Omnia Antigen Test. The adult and pediatric studies compared performance of the platform to the Roche cobas 6800 (1800 NDU/ml using FDA reference panel) and Hologic Panther (600 NDU/ml) RT-PCR systems, respectively. The studies demonstrated 100% sensitivity/specificity for the adult population, and 83% sensitivity and 100% specificity for the pediatric group. Three pediatric samples that tested negative on the Qorvo Omnia Antigen Test had Cycle threshold (Ct) values greater than 38 on the Hologic system, indicating very low viral loads in those samples. Sensitivity and specificity for the study were 100% below those levels. Overall, the investigators found the Qorvo Omnia platform design intuitive and easy to use while producing rapid test results compared to high-sensitivity molecular testing systems, with test results within 20 minutes from sample collection. This project has been funded in part by the NIH Rapid Acceleration of Diagnostics (RADxSM) initiative with federal funds from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health. The current contract (75N92021C00008) is funded from the Public Health and Social Services Emergency Fund through the Biomedical Advanced Research and Development Authority, HHS Office of the Assistant Secretary for Preparedness and Response, Department of Health and Human Services. The Qorvo Omnia Antigen Test was granted emergency use authorization (EUA) from the U.S. Food and Drug Administration (FDA) in April 2021. The test is authorized for the qualitative detection of nucleocapsid viral antigens from SARS-CoV-2 in nasal swab specimens from individuals who are suspected of having COVID-19 by their healthcare provider within the first 6 days of symptom onset. The Qorvo Omnia platform represents a paradigm shift in diagnostic testing capability by using high frequency Bulk Acoustic Wave (BAW) sensors to achieve rapid SARS-CoV-2 (COVID-19) antigen testing. BAW sensor technology enables low LOD levels that are similar to molecular testing capability. The Qorvo Omnia SARS-CoV-2 Antigen Test has not been FDA cleared or approved. It has been authorized by the FDA under an Emergency Use Authorization and testing is limited to laboratories certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA), 42 U.S.C. §263a, to perform moderate or high complexity tests. This test has been authorized only for the detection of proteins from SARS-CoV-2, not for any other viruses or pathogens. Tests receiving authorization under EUA are authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostic tests for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Act, 21 U.S.C. § 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner.

Neutral

Qorvo, Inc. to Report Q1, 2022 Results on Aug 04, 2021

2021-07-21 12:00:00

Qorvo, Inc. announced that they will report Q1, 2022 results at 5:00 PM, US Eastern Standard Time on Aug 04, 2021

Neutral

Qorvo, Inc., Q1 2022 Earnings Call, Aug 04, 2021

2021-07-21 12:00:00

Qorvo, Inc., Q1 2022 Earnings Call, Aug 04, 2021

Neutral

Qorvo, Inc., Annual General Meeting, Aug 10, 2021

2021-06-29 20:31:00

Qorvo, Inc., Annual General Meeting, Aug 10, 2021, at 08:00 Eastern Daylight. Location: Four Seasons Hotel, 75 Fourteenth Street NE, Atlanta Georgia United States Agenda: To elect the nine directors named in the accompanying proxy statement to serve a one-year term and until their respective successors are duly elected and qualified or until their earlier death, resignation or removal; to approve, on an advisory basis, the compensation of our Named Executive Officers (as defined in the proxy statement); to hold an advisory vote on the frequency of future advisory votes on the compensation of our Named Executive Officers; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending April 2, 2022; and to transact such other business as may properly come before the meeting.

Fundamental Summary

Qorvo released impressive Q1 results on 2022-05-20. Their positive growth and income factors indicate that Qorvo is likely to continue to produce impressive results for the foreseeable future, as well. This relative strength should allow Qorvo to continue to perform well even in a tough market. Therefore, they earned a total score of 75 out of 100 and a HOLD recommendation.

Qorvo reported earnings results for the full year ended April 02, 2022. For the full year, the company reported sales was USD 4,645.71 million compared to USD 4,015.31 million a year ago. Net income was USD 1,033.35 million compared to USD 733.61 million a year ago. Diluted earnings per share from continuing operations was USD 9.26 compared to USD 6.32 a year ago.

Business Description

Qorvo develops and commercializes technologies and products for wireless, wired, and power markets worldwide. The company operates through two segments, Mobile Products, and Infrastructure and Defense Products. It offers mobile devices, such as smartphones, wearables, laptops, tablets and other devices; radio frequency power management integrated circuits, ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS-based sensors, antenna tuners, and antennaplexers, as well as discrete multiplexers, duplexers, filters, and switches; and cellular base stations include switch-low noise amplifier (LNA) modules, variable gain amplifiers, integrated power amplifier (PA) Doherty modules, discrete LNAs, and high power GaN amplifiers. The company’s also provides SiC products, such as Schottky diodes and transistors for automotive, industrial, IT infrastructure and renewable energy markets; SoC hardware, firmware, and application software for smart home applications; power management solutions include programmable power management integrated circuits (ICs) and power application controllers; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; RF connectivity and UWB SoC solutions for automotive connectivity; and Wi-Fi products, such as PAs, switches, LNAs and bulk acoustic wave filters, as well as integrated solutions including front end modules (FEMs) and integrated FEMs. It sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

Sector Overview

Qorvo is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Qorvo's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 7,509.1 -1.5% 83
Liabilities 2,955.9 -0.1% 64
Price to Book 2.5 -31.8% 55
Cash & Equivalents 972.6 -1.6% 67
Equity 4,553.2 -2.4% 64
EBITDA 1,692.9 1.3% 65
Total Revenues 4,645.7 2.1% 76
Parameter Value Change Score
Return on Equity 22.5 -7.8% 63
Net Cashflow -425.5 -73.0% 78
Capital Expenditure -213.5 11.2% 87
Asset Turnover 0.6 1.6% 71
Free Cashflow 7.6 -2.3% 65

* All values are TTM

The below chart reflects Qorvo's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Qorvo's peer average final assessment score stands on 74.0, Qorvo's score is 75.

  •  QRVO
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
NVIDIA Corporation 422.4B 71 63 82
Hold
76
76 0 1
Intel Corporation 157.9B 77 76 58
Hold
75
75 1 1
Texas Instruments Incorporated 143.5B 76 74 70
Buy
80
80 2 1
QUALCOMM Incorporated 142.4B 82 66 77
Buy
82
82 3 1
Advanced Micro Devices, Inc. 139.6B 88 59 57
Hold
69
69 4 1
Broadcom Inc. 102.5B 62 71 85
Buy
79
79 5 1
Applied Materials, Inc. 84.9B 60 72 69
Hold
69
69 6 1
Analog Devices, Inc. 78.3B 69 65 84
Hold
78
78 7 1
Micron Technology, Inc. 65.6B 81 74 80
Strong Buy
89
89 8 1
Lam Research Corporation 62.4B 59 74 68
Hold
70
70 9 1
KLA Corporation 50.5B 66 67 74
Hold
72
72 10 1
NXP Semiconductors N.V. 41.7B 64 71 73
Hold
73
73 11 1
Marvell Technology, Inc. 40.5B 60 64 65
Hold
61
61 12 1
Microchip Technology Incorporated 33.6B 78 71 79
Buy
85
85 13 1
GLOBALFOUNDRIES Inc. 24.5B 78 70 64
Hold
75
75 14 1
ON Semiconductor Corporation 23.5B 81 73 70
Buy
82
82 15 1
Monolithic Power Systems, Inc. 19.4B 84 66 77
Buy
83
83 16 1
SolarEdge Technologies, Inc. 16.5B 82 53 43
Underperform
54
54 17 1
Skyworks Solutions, Inc. 15.8B 62 70 71
Hold
70
70 18 1
Teradyne, Inc. 15.7B 51 75 68
Hold
66
66 19 1
Entegris, Inc. 14.2B 70 69 65
Hold
70
70 20 1
First Solar, Inc. 7.5B 58 73 53
Underperform
60
60 21 1
Lattice Semiconductor Corporation 7.2B 68 71 77
Hold
78
78 22 1
MKS Instruments, Inc. 6.0B 70 74 59
Hold
70
70 23 1
Universal Display Corporation 5.4B 75 68 71
Hold
76
76 24 1
Silicon Laboratories Inc. 5.3B 71 70 86
Buy
84
84 25 1
CMC Materials, Inc. 5.2B 80 76 75
Strong Buy
87
87 26 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 27 1
Synaptics Incorporated 5.1B 81 68 67
Hold
76
76 28 1
Power Integrations, Inc. 4.5B 61 80 82
Buy
83
83 29 1
Amkor Technology, Inc. 4.3B 74 70 60
Hold
71
71 30 1
Cirrus Logic, Inc. 4.1B 86 67 91
Strong Buy
92
92 31 1
Allegro MicroSystems, Inc. 4.1B 74 61 56
Hold
62
62 32 1
Semtech Corporation 3.6B 67 75 78
Buy
80
80 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 69 76 69
Hold
77
77 34 1
SunPower Corporation 3.2B 61 49 74
Underperform
56
56 35 1
FormFactor, Inc. 3.1B 83 80 68
Strong Buy
87
87 36 1
Diodes Incorporated 3.1B 61 76 72
Hold
75
75 37 1
Silicon Motion Technology Corporation 2.9B 54 72 61
Hold
65
65 38 1
Nova Ltd. 2.8B 61 70 54
Hold
64
64 39 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 40 1
Ambarella, Inc. 2.7B 63 71 80
Hold
77
77 41 1
Kulicke and Soffa Industries, Inc. 2.7B 57 79 83
Buy
80
80 42 1
Rambus Inc. 2.4B 48 64 90
Hold
69
69 43 1
Canadian Solar Inc. 2.2B 58 72 71
Hold
72
72 44 1
Axcelis Technologies, Inc. 1.9B 81 67 82
Buy
85
85 45 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 46 1
Himax Technologies, Inc. 1.6B 77 70 67
Buy
79
79 47 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 48 1
Ultra Clean Holdings, Inc. 1.4B 63 63 62
Hold
60
60 49 1
Cohu, Inc. 1.4B 57 75 59
Hold
64
64 50 1
Photronics, Inc. 1.3B 68 71 83
Buy
81
81 51 1
SMART Global Holdings, Inc. 1.1B 86 65 62
Hold
75
75 52 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 53 1
Alpha and Omega Semiconductor Limited 957.1M 77 69 54
Hold
68
68 54 1
PDF Solutions, Inc. 813.0M 62 71 89
Buy
82
82 55 1
CEVA, Inc. 804.5M 73 71 71
Hold
77
77 56 1
Ichor Holdings, Ltd. 789.3M 59 67 59
Underperform
59
59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 53 49 84
Hold
60
60 58 1
Enphase Energy, Inc. 27.8B 58 57 60
Underperform
53
53 59 1
Wolfspeed, Inc. 8.7B 73 69 55
Hold
67
67 60 1
Daqo New Energy Corp. 5.4B 93 65 89
Strong Buy
95
95 61 1
SiTime Corporation 3.8B 58 64 62
Underperform
59
59 62 1
Onto Innovation Inc. 3.7B 77 67 85
Buy
85
85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 89 62 74
Buy
81
81 64 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 65 1
ACM Research, Inc. 950.7M 52 67 50
Underperform
50
50 66 1
NeoPhotonics Corporation 837.4M 66 69 72
Hold
72
72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 68 1
indie Semiconductor, Inc. 752.7M 44 43 85
Underperform
50
50 69 1
Magnachip Semiconductor Corporation 681.9M 74 90 57
Buy
83
83 70 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 71 1
Navitas Semiconductor Corporation 575.2M 67 53 90
Hold
72
72 72 1
Rigetti Computing, Inc. 426.1M 98 73 58
Buy
85
85 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 74 1
Meta Materials Inc. 414.9M 41 43 84
Underperform
47
47 75 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 76 1
Valens Semiconductor Ltd. 350.3M 75 65 66
Hold
75
75 77 1
Rockley Photonics Holdings Limited 338.0M 41 79 59
Underperform
58
58 78 1
CyberOptics Corporation 278.5M 74 71 72
Buy
78
78 79 1
Transphorm, Inc. 260.9M 45 68 88
Hold
69
69 80 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Qorvo's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Qorvo's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.

Bearish 47
Close Price 99.8
52W Low 93.12
52W High 195.67
5D MA 96.83
50D MA 106.93
200D MA 137.94
MACD -3.42
RSI 13.0
STOCH 36.26

Balance Sheet Analysis

Qorvo appears likely to maintain its strong balance sheet metrics and momentum going forward. Qorvo assets on their balance sheet, moved to 7509.1, which is a -1.5% change from the last period. This growth should support upward pressure on its's stock price, which better captures their intrinsic value. The company's asset component, therefore, received a grade of 83. Also, Qorvo did a great job related to cash and cash equivalents this period, which stood at 972.6, representing a -1.6% change from the previous filing. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 67. At the same time, one critical balance sheet metric, Book Value Factors, was notably weak. Qorvo's price to book ratio (P/B) was reported as 2.5 and represents -31.8% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 8.8%. They does not yet appear to be headed in the right direction to achieve strong book value metrics. Therefore, their book value factors earned a score of 55. Its balance sheet, therefore, earned a score of 67.

Parameter Value Change Score
Assets 7,509.1 -1.5% 83
Liabilities 2,955.9 -0.1% 64
Price to Book 2.5 -31.8% 55
Cash & Equivalents 972.6 -1.6% 67
Equity 4,553.2 -2.4% 64
* All values are TTM

The below chart describes Qorvo's performance as reflected on its balance sheet with respect to its peers. While Qorvo received a balance sheet score of 67, the average of its peers stands on 71.0.

  •  QRVO
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
NVIDIA Corporation 422.4B 78 70 65 97 54 71 0 1
Intel Corporation 157.9B 65 69 76 90 81 77 1 1
Texas Instruments Incorporated 143.5B 63 70 87 46 84 76 2 1
QUALCOMM Incorporated 142.4B 57 71 96 80 81 82 3 1
Advanced Micro Devices, Inc. 139.6B 94 61 78 96 81 88 4 1
Broadcom Inc. 102.5B 67 79 59 56 54 62 5 1
Applied Materials, Inc. 84.9B 71 72 64 41 55 60 6 1
Analog Devices, Inc. 78.3B 62 80 66 65 66 69 7 1
Micron Technology, Inc. 65.6B 73 69 85 76 74 81 8 1
Lam Research Corporation 62.4B 73 77 59 51 45 59 9 1
KLA Corporation 50.5B 75 62 73 53 66 66 10 1
NXP Semiconductors N.V. 41.7B 72 68 56 62 76 64 11 1
Marvell Technology, Inc. 40.5B 71 84 50 46 51 60 12 1
Microchip Technology Incorporated 33.6B 65 84 76 72 65 78 13 1
GLOBALFOUNDRIES Inc. 24.5B 81 66 73 82 74 78 14 1
ON Semiconductor Corporation 23.5B 74 69 77 88 82 81 15 1
Monolithic Power Systems, Inc. 19.4B 85 65 75 92 80 84 16 1
SolarEdge Technologies, Inc. 16.5B 77 62 77 96 86 82 17 1
Skyworks Solutions, Inc. 15.8B 69 77 64 46 52 62 18 1
Teradyne, Inc. 15.7B 48 81 63 45 47 51 19 1
Entegris, Inc. 14.2B 62 71 75 55 79 70 20 1
First Solar, Inc. 7.5B 77 70 50 58 57 58 21 1
Lattice Semiconductor Corporation 7.2B 53 79 79 60 64 68 22 1
MKS Instruments, Inc. 6.0B 59 74 72 76 72 70 23 1
Universal Display Corporation 5.4B 57 76 83 85 70 75 24 1
Silicon Laboratories Inc. 5.3B 89 81 60 45 47 71 25 1
CMC Materials, Inc. 5.2B 65 79 73 87 82 80 26 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 57 65 27 1
Synaptics Incorporated 5.1B 71 71 78 92 76 81 28 1
Power Integrations, Inc. 4.5B 55 82 59 79 56 61 29 1
Amkor Technology, Inc. 4.3B 70 68 75 74 77 74 30 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 74 86 31 1
Allegro MicroSystems, Inc. 4.1B 68 69 74 80 76 74 32 1
Semtech Corporation 3.6B 58 79 68 67 64 67 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 64 75 74 38 75 69 34 1
SunPower Corporation 3.2B 72 81 42 83 53 61 35 1
FormFactor, Inc. 3.1B 72 70 84 82 80 83 36 1
Diodes Incorporated 3.1B 46 78 71 51 72 61 37 1
Silicon Motion Technology Corporation 2.9B 40 85 60 40 47 54 38 1
Nova Ltd. 2.8B 86 45 76 48 82 61 39 1
MaxLinear, Inc. 2.7B 68 71 75 85 75 76 40 1
Ambarella, Inc. 2.7B 45 75 74 86 65 63 41 1
Kulicke and Soffa Industries, Inc. 2.7B 45 83 61 76 56 57 42 1
Rambus Inc. 2.4B 43 82 41 95 54 48 43 1
Canadian Solar Inc. 2.2B 91 54 59 62 62 58 44 1
Axcelis Technologies, Inc. 1.9B 76 68 85 71 74 81 45 1
Credo Technology Group Holding Ltd 1.7B 94 61 77 79 86 88 46 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 47 1
Impinj, Inc. 1.4B 62 68 78 39 92 72 48 1
Ultra Clean Holdings, Inc. 1.4B 55 78 68 48 68 63 49 1
Cohu, Inc. 1.4B 52 82 57 59 59 57 50 1
Photronics, Inc. 1.3B 53 85 66 76 66 68 51 1
SMART Global Holdings, Inc. 1.1B 90 63 75 95 82 86 52 1
Veeco Instruments Inc. 1.0B 84 72 41 78 47 58 53 1
Alpha and Omega Semiconductor Limited 957.1M 89 64 67 87 67 77 54 1
PDF Solutions, Inc. 813.0M 54 81 64 90 51 62 55 1
CEVA, Inc. 804.5M 82 74 60 87 60 73 56 1
Ichor Holdings, Ltd. 789.3M 59 76 65 38 63 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 68 40 78 38 53 58 1
Enphase Energy, Inc. 27.8B 89 61 39 97 55 58 59 1
Wolfspeed, Inc. 8.7B 96 63 58 97 56 73 60 1
Daqo New Energy Corp. 5.4B 92 62 81 95 93 93 61 1
SiTime Corporation 3.8B 57 67 65 73 64 58 62 1
Onto Innovation Inc. 3.7B 84 71 67 72 73 77 63 1
JinkoSolar Holding Co., Ltd. 3.3B 87 62 77 94 94 89 64 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 65 1
ACM Research, Inc. 950.7M 87 57 51 43 50 52 66 1
NeoPhotonics Corporation 837.4M 89 66 49 72 64 66 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 68 1
indie Semiconductor, Inc. 752.7M 49 54 72 56 56 44 69 1
Magnachip Semiconductor Corporation 681.9M 56 78 79 72 72 74 70 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 71 1
Navitas Semiconductor Corporation 575.2M 37 80 80 62 80 67 72 1
Rigetti Computing, Inc. 426.1M 94 62 85 99 98 98 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 74 1
Meta Materials Inc. 414.9M 51 78 42 41 51 41 75 1
Helix Technology Corporation 364.9M 66 77 79 85 52 65 76 1
Valens Semiconductor Ltd. 350.3M 92 70 66 45 73 75 77 1
Rockley Photonics Holdings Limited 338.0M 48 82 40 37 52 41 78 1
CyberOptics Corporation 278.5M 71 66 72 64 86 74 79 1
Transphorm, Inc. 260.9M 41 87 39 47 55 45 80 1

Income Statement Analysis

Qorvo's income statement showed strong financials, specifically Revenue Efficiency and EBITDA. Qorvo's financials reveal an interesting trend for their revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 18.5%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. Consequently, their revenue efficiency received a grade of 76. Also, Qorvo's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 1692.9, which represents a 1.3% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 65. However, one discouraging result, Return Factors, stood out. In this filing, Qorvo reported a return on equity (ROE) ratio of 22.5, which represents a growth of -7.8%. This metric might have a 3.1 percent impact on companies in the same industry and with the same market capitalization. The company's return factor metrics return on equity and return on assets are even more concerning when compared to their peers. Its return factors (ROA & ROE) components, therefore, received a grade of 63. Consequently, the companie's income statement earned a rank of 71.

Parameter Value Change Score
EBITDA 1,692.9 1.3% 65
Total Revenues 4,645.7 2.1% 76
Return on Equity 22.5 -7.8% 63
* All values are TTM

The below chart describes Qorvo's performance as reflected on its income statement with respect to its peers. While Qorvo received a income statement score of 71 , the average of its peers stands on 70.0.

  •  QRVO
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
NVIDIA Corporation 422.4B 46 83 68 63 0 1
Intel Corporation 157.9B 90 55 73 76 1 1
Texas Instruments Incorporated 143.5B 69 78 71 74 2 1
QUALCOMM Incorporated 142.4B 48 87 79 66 3 1
Advanced Micro Devices, Inc. 139.6B 40 89 38 59 4 1
Broadcom Inc. 102.5B 59 80 90 71 5 1
Applied Materials, Inc. 84.9B 72 68 73 72 6 1
Analog Devices, Inc. 78.3B 40 91 93 65 7 1
Micron Technology, Inc. 65.6B 59 88 90 74 8 1
Lam Research Corporation 62.4B 80 63 75 74 9 1
KLA Corporation 50.5B 56 77 77 67 10 1
NXP Semiconductors N.V. 41.7B 59 79 90 71 11 1
Marvell Technology, Inc. 40.5B 41 89 88 64 12 1
Microchip Technology Incorporated 33.6B 57 83 92 71 13 1
GLOBALFOUNDRIES Inc. 24.5B 50 93 85 70 14 1
ON Semiconductor Corporation 23.5B 53 92 94 73 15 1
Monolithic Power Systems, Inc. 19.4B 45 90 83 66 16 1
SolarEdge Technologies, Inc. 16.5B 41 70 48 53 17 1
Skyworks Solutions, Inc. 15.8B 69 70 63 70 18 1
Teradyne, Inc. 15.7B 88 57 62 75 19 1
Entegris, Inc. 14.2B 56 80 80 69 20 1
First Solar, Inc. 7.5B 98 43 40 73 21 1
Lattice Semiconductor Corporation 7.2B 54 88 89 71 22 1
MKS Instruments, Inc. 6.0B 78 66 65 74 23 1
Universal Display Corporation 5.4B 71 63 61 68 24 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 25 1
CMC Materials, Inc. 5.2B 72 76 93 76 26 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 27 1
Synaptics Incorporated 5.1B 45 91 90 68 28 1
Power Integrations, Inc. 4.5B 80 76 83 80 29 1
Amkor Technology, Inc. 4.3B 63 76 77 70 30 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 31 1
Allegro MicroSystems, Inc. 4.1B 68 48 67 61 32 1
Semtech Corporation 3.6B 64 84 87 75 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 74 77 73 76 34 1
SunPower Corporation 3.2B 49 43 72 49 35 1
FormFactor, Inc. 3.1B 79 76 83 80 36 1
Diodes Incorporated 3.1B 66 84 86 76 37 1
Silicon Motion Technology Corporation 2.9B 54 83 78 72 38 1
Nova Ltd. 2.8B 41 89 78 70 39 1
MaxLinear, Inc. 2.7B 56 92 96 75 40 1
Ambarella, Inc. 2.7B 56 89 79 71 41 1
Kulicke and Soffa Industries, Inc. 2.7B 73 82 85 79 42 1
Rambus Inc. 2.4B 48 85 62 64 43 1
Canadian Solar Inc. 2.2B 73 76 53 72 44 1
Axcelis Technologies, Inc. 1.9B 44 91 91 67 45 1
Credo Technology Group Holding Ltd 1.7B 38 88 63 60 46 1
Himax Technologies, Inc. 1.6B 53 84 66 70 47 1
Impinj, Inc. 1.4B 64 53 52 59 48 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 49 1
Cohu, Inc. 1.4B 92 53 49 75 50 1
Photronics, Inc. 1.3B 55 86 92 71 51 1
SMART Global Holdings, Inc. 1.1B 48 86 68 65 52 1
Veeco Instruments Inc. 1.0B 66 84 91 76 53 1
Alpha and Omega Semiconductor Limited 957.1M 62 75 76 69 54 1
PDF Solutions, Inc. 813.0M 49 95 89 71 55 1
CEVA, Inc. 804.5M 51 90 97 71 56 1
Ichor Holdings, Ltd. 789.3M 72 60 55 67 57 1
Maxeon Solar Technologies, Ltd. 603.6M 50 49 60 49 58 1
Enphase Energy, Inc. 27.8B 45 74 55 57 59 1
Wolfspeed, Inc. 8.7B 49 90 86 69 60 1
Daqo New Energy Corp. 5.4B 37 96 94 65 61 1
SiTime Corporation 3.8B 39 93 78 64 62 1
Onto Innovation Inc. 3.7B 47 87 89 67 63 1
JinkoSolar Holding Co., Ltd. 3.3B 38 89 81 62 64 1
Camtek Ltd. 1.1B 50 81 71 68 65 1
ACM Research, Inc. 950.7M 88 42 42 67 66 1
NeoPhotonics Corporation 837.4M 45 95 90 69 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 68 1
indie Semiconductor, Inc. 752.7M 37 47 69 43 69 1
Magnachip Semiconductor Corporation 681.9M 94 80 88 90 70 1
Mykrolis Corp. 657.1M 68 68 58 67 71 1
Navitas Semiconductor Corporation 575.2M 56 45 72 53 72 1
Rigetti Computing, Inc. 426.1M 92 44 69 73 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 74 1
Meta Materials Inc. 414.9M 37 45 70 43 75 1
Helix Technology Corporation 364.9M 89 47 51 74 76 1
Valens Semiconductor Ltd. 350.3M 41 86 65 65 77 1
Rockley Photonics Holdings Limited 338.0M 97 50 83 79 78 1
CyberOptics Corporation 278.5M 54 87 87 71 79 1
Transphorm, Inc. 260.9M 37 81 97 68 80 1

Cash Flow Analysis

Overall, Qorvo's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Qorvo's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -213.5, which represents a 11.2% change from the last period. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. Consequently, their CapEx movement received a grade of 87. Also, Qorvo's strong net cash flow numbers, which were -425.5 in this filing, showed a -73.0% change from the last period. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. The company's net cash flow, therefore, received a grade of 78. However, one discouraging result, Free Cash flow, stood out. Free cash flow numbers published by Qorvo were 7.6, which was a -2.3% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. their free cash flow situation appears to be much weaker than their peers. Management needs to do a better job balancing cash flow, asset growth, and resources allocations in general. Consequently, their free cash flow movement received a grade of 65. Because their management is doing an excellent job managing these critical metrics, the cash_flow was given a score of 73.

Parameter Value Change Score
Net Cashflow -425.5 -73.0% 78
Capital Expenditure -213.5 11.2% 87
Asset Turnover 0.6 1.6% 71
Free Cashflow 7.6 -2.3% 65
* All values are TTM

The below chart describes Qorvo's performance as reflected on its cash flow with respect to its peers. While Qorvo received a cash flow score of 73, the average of its peers stands on 72.0.

  •  QRVO
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
NVIDIA Corporation 422.4B 93 65 61 86 82 0 1
Intel Corporation 157.9B 57 72 68 53 58 1 1
Texas Instruments Incorporated 143.5B 74 74 63 69 70 2 1
QUALCOMM Incorporated 142.4B 65 65 70 87 77 3 1
Advanced Micro Devices, Inc. 139.6B 93 66 69 37 57 4 1
Broadcom Inc. 102.5B 74 76 87 89 85 5 1
Applied Materials, Inc. 84.9B 75 59 69 72 69 6 1
Analog Devices, Inc. 78.3B 78 76 51 94 84 7 1
Micron Technology, Inc. 65.6B 81 85 81 74 80 8 1
Lam Research Corporation 62.4B 72 60 56 75 68 9 1
KLA Corporation 50.5B 70 76 52 79 74 10 1
NXP Semiconductors N.V. 41.7B 59 72 51 85 73 11 1
Marvell Technology, Inc. 40.5B 94 84 58 46 65 12 1
Microchip Technology Incorporated 33.6B 80 79 48 84 79 13 1
GLOBALFOUNDRIES Inc. 24.5B 54 86 45 64 64 14 1
ON Semiconductor Corporation 23.5B 60 79 55 74 70 15 1
Monolithic Power Systems, Inc. 19.4B 84 78 59 75 77 16 1
SolarEdge Technologies, Inc. 16.5B 46 38 55 52 43 17 1
Skyworks Solutions, Inc. 15.8B 78 57 79 73 71 18 1
Teradyne, Inc. 15.7B 75 65 66 68 68 19 1
Entegris, Inc. 14.2B 60 57 50 77 65 20 1
First Solar, Inc. 7.5B 46 84 56 46 53 21 1
Lattice Semiconductor Corporation 7.2B 79 77 43 82 77 22 1
MKS Instruments, Inc. 6.0B 58 58 92 56 59 23 1
Universal Display Corporation 5.4B 74 81 68 65 71 24 1
Silicon Laboratories Inc. 5.3B 70 89 81 88 86 25 1
CMC Materials, Inc. 5.2B 72 66 68 80 75 26 1
Tower Semiconductor Ltd. 5.1B 76 57 55 58 68 27 1
Synaptics Incorporated 5.1B 85 62 98 55 67 28 1
Power Integrations, Inc. 4.5B 88 77 64 82 82 29 1
Amkor Technology, Inc. 4.3B 46 57 61 71 60 30 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 91 31 1
Allegro MicroSystems, Inc. 4.1B 56 56 77 56 56 32 1
Semtech Corporation 3.6B 79 78 58 79 78 33 1
MACOM Technology Solutions Holdings, Inc. 3.4B 46 78 54 78 69 34 1
SunPower Corporation 3.2B 84 41 39 93 74 35 1
FormFactor, Inc. 3.1B 78 81 66 58 68 36 1
Diodes Incorporated 3.1B 77 61 52 80 72 37 1
Silicon Motion Technology Corporation 2.9B 63 53 46 85 61 38 1
Nova Ltd. 2.8B 58 53 39 56 54 39 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 40 1
Ambarella, Inc. 2.7B 84 95 45 75 80 41 1
Kulicke and Soffa Industries, Inc. 2.7B 93 81 83 74 83 42 1
Rambus Inc. 2.4B 96 73 89 89 90 43 1
Canadian Solar Inc. 2.2B 69 70 74 68 71 44 1
Axcelis Technologies, Inc. 1.9B 81 77 68 85 82 45 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 46 1
Himax Technologies, Inc. 1.6B 66 77 48 79 67 47 1
Impinj, Inc. 1.4B 70 38 85 73 65 48 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 62 49 1
Cohu, Inc. 1.4B 92 62 71 44 59 50 1
Photronics, Inc. 1.3B 65 92 96 79 83 51 1
SMART Global Holdings, Inc. 1.1B 47 85 95 54 62 52 1
Veeco Instruments Inc. 1.0B 73 82 48 69 71 53 1
Alpha and Omega Semiconductor Limited 957.1M 49 64 45 59 54 54 1
PDF Solutions, Inc. 813.0M 81 98 45 92 89 55 1
CEVA, Inc. 804.5M 57 54 84 83 71 56 1
Ichor Holdings, Ltd. 789.3M 51 37 87 71 59 57 1
Maxeon Solar Technologies, Ltd. 603.6M 87 90 59 88 84 58 1
Enphase Energy, Inc. 27.8B 89 77 64 40 60 59 1
Wolfspeed, Inc. 8.7B 57 74 76 46 55 60 1
Daqo New Energy Corp. 5.4B 78 86 63 96 89 61 1
SiTime Corporation 3.8B 83 87 56 44 62 62 1
Onto Innovation Inc. 3.7B 95 65 88 85 85 63 1
JinkoSolar Holding Co., Ltd. 3.3B 67 69 73 78 74 64 1
Camtek Ltd. 1.1B 69 70 74 72 71 65 1
ACM Research, Inc. 950.7M 62 43 50 54 50 66 1
NeoPhotonics Corporation 837.4M 50 63 67 87 72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 68 1
indie Semiconductor, Inc. 752.7M 69 80 52 98 85 69 1
Magnachip Semiconductor Corporation 681.9M 65 56 76 54 57 70 1
Mykrolis Corp. 657.1M 65 69 68 82 75 71 1
Navitas Semiconductor Corporation 575.2M 70 87 94 93 90 72 1
Rigetti Computing, Inc. 426.1M 48 76 51 60 58 73 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 74 1
Meta Materials Inc. 414.9M 85 56 68 97 84 75 1
Helix Technology Corporation 364.9M 75 62 63 56 61 76 1
Valens Semiconductor Ltd. 350.3M 53 89 90 46 66 77 1
Rockley Photonics Holdings Limited 338.0M 80 72 66 46 59 78 1
CyberOptics Corporation 278.5M 49 74 89 78 72 79 1
Transphorm, Inc. 260.9M 81 87 96 94 88 80 1

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