Latest news with #Qorvo
Yahoo
05-08-2025
- Business
- Yahoo
Craig-Hallum Lifts Price Objective on Qorvo (QRVO) Stock
Qorvo, Inc. (NASDAQ:QRVO) is one of the Most Undervalued Semiconductor Stocks to Buy According to Analysts. On July 30, Craig-Hallum analyst Anthony Stoss lifted the company's price objective to $110 from $85, while keeping a 'Buy' rating, as reported by The Fly. The firm highlighted that Qorvo, Inc. (NASDAQ:QRVO) posted June revenues and EPS above the Street estimates. Furthermore, it gave guidance better than consensus for September, considering the seasonality and increased content with Apple. The management noted that the strength remains in Defense and Aerospace, while their Infrastructure business continues to recover, added the firm. A close up of a highly advanced mobile device with the company's branding visible. Qorvo, Inc. (NASDAQ:QRVO) has been undertaking a broad set of initiatives to structurally improve profitability, and it is witnessing the positive effects of the strategic actions. In the September quarter, Qorvo, Inc. (NASDAQ:QRVO) projects that sequential growth and margin expansion will be aided by increases in Qorvo content and unit volumes in large customer programs. For the September quarter, the company expects quarterly revenue of ~$1.025 billion (plus or minus $50 million) and a non-GAAP gross margin of 48% – 50%. Investment management company Vulcan Value Partners recently released its Q4 2024 investor letter. Here is what the fund said: 'There were no material contributors to performance. There were three material detractors: Sdiptech AB, Qorvo Inc., and Elevance Health Inc. Qorvo, Inc. (NASDAQ:QRVO) is a leader in radio frequency (RF) systems and power management solutions primarily for mobile phones, wireless infrastructure, aerospace/defense, internet of things, and various other applications. Qorvo lowered near-term guidance largely due to accelerated weakness within its Chinese Android business as customers shifted from mid-tier phones, a market in which Qorvo participates, to entry level phones, a market where Qorvo does not participate. Qorvo continues to execute well in its other mobile markets including Apple and Android's premium and flagship tiers. Importantly, management's long-term revenue and margin targets, and confidence in achieving those targets, remain unchanged. We added to our position during the quarter.' While we acknowledge the potential of QRVO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
04-08-2025
- Business
- Yahoo
AMD (AMD) Q2 Earnings Report Preview: What To Look For
Computer processor maker AMD (NASDAQ:AMD) will be reporting earnings this Tuesday after market hours. Here's what investors should know. AMD beat analysts' revenue expectations by 4.4% last quarter, reporting revenues of $7.44 billion, up 35.9% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' adjusted operating income estimates but an increase in its inventory levels. Is AMD a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting AMD's revenue to grow 27.3% year on year to $7.43 billion, improving from the 8.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.48 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AMD has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 1.5% on average. Looking at AMD's peers in the processors and graphics chips segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Qorvo's revenues decreased 7.7% year on year, beating analysts' expectations by 5.3%, and Penguin Solutions reported revenues up 7.9%, falling short of estimates by 1.4%. Qorvo traded up 2.3% following the results while Penguin Solutions was also up 10.6%. Read our full analysis of Qorvo's results here and Penguin Solutions's results here. Investors in the processors and graphics chips segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. AMD is up 26.6% during the same time and is heading into earnings with an average analyst price target of $155.96 (compared to the current share price of $170.69). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Business
- Yahoo
Earnings To Watch: Lattice Semiconductor (LSCC) Reports Q2 Results Tomorrow
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) will be announcing earnings results this Monday after market hours. Here's what to look for. Lattice Semiconductor met analysts' revenue expectations last quarter, reporting revenues of $120.2 million, down 14.7% year on year. It was a slower quarter for the company, with an increase in its inventory levels and a slight miss of analysts' adjusted operating income estimates. Is Lattice Semiconductor a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lattice Semiconductor's revenue to be flat year on year at $123.6 million, improving from the 34.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lattice Semiconductor has missed Wall Street's revenue estimates four times over the last two years. Looking at Lattice Semiconductor's peers in the processors and graphics chips segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Qorvo's revenues decreased 7.7% year on year, beating analysts' expectations by 5.3%, and Penguin Solutions reported revenues up 7.9%, falling short of estimates by 1.4%. Qorvo traded up 2.3% following the results while Penguin Solutions was also up 10.6%. Read our full analysis of Qorvo's results here and Penguin Solutions's results here. Investors in the processors and graphics chips segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. Lattice Semiconductor is down 3.7% during the same time and is heading into earnings with an average analyst price target of $63.31 (compared to the current share price of $48.99). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Qorvo Set to Report Q1 Results: Will Revenue Decline Impact Earnings?
Qorvo, Inc. QRVO is set to report fiscal first-quarter 2025 results on April 29, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 24.73%. It pulled off a trailing four-quarter earnings surprise of 40.59% on average. The leading provider of radio frequency solutions is expected to witness revenue decline year over year owing to weakness in multiple segments. However, a strong emphasis on innovation and portfolio expansion is positive. Factors at Play During the quarter, Qorvo introduced two cutting-edge hybrid power doubler amplifiers, QPA3311 and QPA3316, designed for Data Over Cable Service Interface Specification 4.0 broadband cable networks. The DOCSIS technology is essential for delivering high-speed Internet and video services over existing cable systems. Qorvo's new power doubler amplifiers offer higher total composite power and improved signal integrity to reduce cascade requirements and enhance end-of-line performance. This eliminates the requirement for costly booster amps and lower infrastructure company also introduced two high-performance S-Band switched filter bank modules, QPB1034 and QPB1036. The modules are engineered to match the rising demand for agile, compact and efficient radar systems in defense and aerospace applications. Such innovative product launches will likely have a favorable impact on the first-quarter earnings. However, the company operates in a highly competitive market. The fierce competition is exerting pricing pressure, which remains a matter of concern for the company. Moreover, net sales are also impacted by Macroeconomic the Zacks Consensus Estimate, net sales in the High-Performance Analog segment are expected to be $135.76 million in the first quarter of fiscal 2025, implying a decline from $164 million in the year-earlier quarter. Revenues from ACG are projected to be $532.19 million, a decline from $653.6 million reported in the year-ago quarter due to seasonal dynamics. The Connectivity and Sensors Group segment is expected to generate $107.64 million in revenues, up from $122.8 million in the year-ago the June quarter, the Zacks Consensus Estimate for total revenues is pegged at $774.7 million, indicating a 12.63% year-over-year decline. The consensus mark for earnings is pegged at 62 cents per share, indicating a decline from 87 cents per share in the year-ago quarter. Earnings Whispers Our proven model does not predicts an earnings beat for Qorvo this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. This is not the case ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Qorvo, Inc. Price and EPS Surprise Qorvo, Inc. price-eps-surprise | Qorvo, Inc. Quote Zacks Rank: Qorvo currently has a Zacks Rank #3. Other Stocks to Consider Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:Celestica, Inc. CLS is set to release quarterly numbers on July 28. It has an Earnings ESP of +0.81% and carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks Incorporated QCOM is set to release quarterly numbers on July 30. It has an Earnings ESP of +0.60% and carries a Zacks Rank # Communications Inc. RCI is set to release quarterly numbers on July 23. It has an Earnings ESP of +2.14% and carries a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report Celestica, Inc. (CLS) : Free Stock Analysis Report Qorvo, Inc. (QRVO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-06-2025
- Business
- Yahoo
Qorvo Enhances DOCSIS 4.0 Portfolio with New Amplifiers
Qorvo Inc. (NASDAQ:QRVO) is one of the best mid cap growth stocks to invest in now. As May was ending, Qorvo introduced 2 new hybrid power doubler amplifiers, the QPA3311 and QPA3316. These devices are designed to bolster Qorvo's DOCSIS 4.0 portfolio for broadband cable networks to deliver high-speed internet and video services over existing cable systems. The announcement was made to support the industry's transition towards Unified DOCSIS and smart amplifier architectures for greater visibility, efficiency, and adaptability in hybrid fiber-coax systems. The QPA3311 and QPA3316 amplifiers are optimized for downstream operations up to 1.8 GHz. They offer higher total composite power and improved signal integrity, which helps reduce cascade requirements and enhance end-of-line performance. A close up of a highly advanced mobile device with the company's branding visible. This innovation will lead to lower infrastructure costs by eliminating the need for expensive booster amplifiers. The QPA3311 is suitable for power-efficient designs requiring strong end-of-line performance. The QPA3316 is designed for high-output nodes needing maximum downstream performance. Qorvo Inc. (NASDAQ:QRVO) develops and commercializes technologies and products for wireless, wired, and power markets worldwide. While we acknowledge the potential of QRVO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
