Qorvo Inc

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Qorvo Inc (QRVO) Price Performance

Qorvo Inc (QRVO) trades on United States in USD. The company is classified in the Technology sector under the Semiconductors industry. The stock currently trades at $84.98, up 2.27% from the previous close.

Over the past year, QRVO has traded between a low of $59.91 and a high of $97.42. The stock has gained 41.8% over this period. It is currently 12.8% below its 52-week high.

Qorvo Inc has a market capitalization of $7.38B, with a price-to-earnings ratio of 132.75.

About Qorvo Inc

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets in the United States, China, rest of Asia, Taiwan, and Europe. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for defense and aerospace, and 5G and 6G infrastructure markets. The CSG segment supplies connectivity and sensor solutions featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-based sensors. It serves smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points markets. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. It also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.

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