Qorvo QRVO
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Qorvo (QRVO) Business Model and Operations Summary
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Key Insights
Qorvo (QRVO) Core Market Data and Business Metrics
Latest Closing Price
$72.64Market Cap
$6.78 BillionPrice-Earnings Ratio
-100.89Total Outstanding Shares
94.53 Million SharesTotal Employees
8,700Dividend
No dividendIPO Date
January 2, 2015SIC Description
Semiconductors & Related DevicesPrimary Exchange
NASDAQHeadquarters
7628 Thorndike Road, Greensboro, NC, 27409
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,272,676 Shares | 3.82 | 3/14/2025 | 8,688,615 Shares |
| 2,413,269 Shares | 3.25 | 2/28/2025 | 7,836,406 Shares |
| 1,860,955 Shares | 4.18 | 2/14/2025 | 7,779,674 Shares |
| 4,351,418 Shares | 2.11 | 1/31/2025 | 9,185,236 Shares |
| 3,081,115 Shares | 2.33 | 1/15/2025 | 7,170,984 Shares |
| 5,179,410 Shares | 1.46 | 12/31/2024 | 7,557,234 Shares |
Cash Flow Statement
June 30, 2024 to September 28, 2024
| Metric | Value |
|---|---|
| Exchange Gains/Losses | $747,000 |
| Net Cash Flow, Continuing | $13.29 Million |
| Net Cash Flow From Operating Activities, Continuing | $127.85 Million |
| Net Cash Flow From Operating Activities | $127.85 Million |
| Net Cash Flow From Investing Activities, Continuing | $-34.83 Million |
| Net Cash Flow From Investing Activities | $-34.83 Million |
Income Statement
June 30, 2024 to September 28, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $601.20 Million |
| Income/Loss From Continuing Operations After Tax | $-17.43 Million |
| Other Operating Expenses | $126.82 Million |
| Operating Expenses | $435.63 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Net Income/Loss | $-17.43 Million |
Comprehensive Income
June 30, 2024 to September 28, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $7.18 Million |
| Comprehensive Income/Loss Attributable To Parent | $-10.26 Million |
| Comprehensive Income/Loss | $-10.26 Million |
Balance Sheet
June 30, 2024 to September 28, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $6.50 Billion |
| Current Assets | $2.53 Billion |
| Liabilities | $3.09 Billion |
| Noncurrent Liabilities | $1.76 Billion |
| Equity Attributable To Parent | $3.41 Billion |
| Noncurrent Assets | $3.97 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||