Qorvo Inc
QRVO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| JW | LOCK|nms | LOCK|Dg%fYb |
Qorvo Earnings: Bullish About Share Gains at Apple and in Aerospace/Defense; Shares Undervalued
Qorvo expects June-quarter revenue of $775 million, down 13% year over year, but ahead of FactSet consensus estimates. Qorvo also expects greater than 10% content gains within Apple's upcoming launch of iPhone 17 smartphones.
