What changed
$QRVO — BUY 📊
Qorvo, Inc.
🎯 Q1 FY26 | Rev $1B | EPS $1.69 vs $1.21 🟢
💡 Consensus sees FY27 EPS near $7.00 and a static 13-14x multiple due to cyclical fears. Our variant view: new product cycles (5G advanced, Wi-Fi 7, defense) and operating leverage will push EPS ~$7.30, and the stock will re-rate to 16-17x as FCF generation funds buybacks/dividends, moving it from value to GARP.
📉 Reward/Risk: 2.6:1
🏢 Business Quality: 7/10/10 - Leading RF solutions with diversified end markets, but high Apple exposure (~30% of sales) and capital intensity limit score.
📊 Valuation: Cheap vs. semiconductor peers and own history. P/E 14.0x vs. peer median 18.6x, EV/EBITDA 8.8x vs. 12x peer, FCF yield 10.8% vs. 4% sector.
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/QRVO0621