FMP
Jun 11, 2024 5:15 PM - Davit Kirakosyan
At its Investor Day, Qorvo (NASDAQ:QRVO) unveiled a new target model aiming for over 10% long-term revenue growth CAGR. This growth is expected to be driven by mid-to-high-single-digit growth in the ACG segment with a 5% SAM growth, double-digit growth in the HPA segment with approximately 20% SAM growth, and strong double-digit growth in the CSG segment also with 20% SAM growth.
Qorvo anticipates achieving over 50% gross margins through lower capital intensity, improved factory efficiency, process advancements, economies of scale, and diversification. The company is targeting operating margins between 30-35%, aligning with previous peak cycle operating margins of around 33.4% in fiscal 2022. Historically, operating margins have been in the mid-to-high 20s during prior cycles. The margin expansion strategy includes increasing the non-handset business to over 50% of revenue over time.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...