Analyzing Qorvo (NASDAQ:QRVO) and Peraso (NASDAQ:PRSO)

Qorvo (NASDAQ:QRVOGet Free Report) and Peraso (NASDAQ:PRSOGet Free Report) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, analyst recommendations, profitability and earnings.

Profitability

This table compares Qorvo and Peraso’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Qorvo -0.66% 14.92% 8.19%
Peraso -135.95% -201.79% -118.81%

Analyst Ratings

This is a summary of current recommendations for Qorvo and Peraso, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qorvo 2 9 5 0 2.19
Peraso 0 0 2 0 3.00

Qorvo presently has a consensus target price of $121.00, suggesting a potential upside of 8.83%. Peraso has a consensus target price of $3.88, suggesting a potential upside of 189.18%. Given Peraso’s stronger consensus rating and higher probable upside, analysts clearly believe Peraso is more favorable than Qorvo.

Insider & Institutional Ownership

88.6% of Qorvo shares are held by institutional investors. Comparatively, 77.6% of Peraso shares are held by institutional investors. 0.5% of Qorvo shares are held by company insiders. Comparatively, 5.3% of Peraso shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility & Risk

Qorvo has a beta of 1.46, indicating that its share price is 46% more volatile than the S&P 500. Comparatively, Peraso has a beta of 1.82, indicating that its share price is 82% more volatile than the S&P 500.

Valuation and Earnings

This table compares Qorvo and Peraso’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Qorvo $3.77 billion 2.80 -$70.32 million ($0.73) -152.30
Peraso $13.37 million 0.27 -$16.80 million ($21.15) -0.06

Peraso has lower revenue, but higher earnings than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than Peraso, indicating that it is currently the more affordable of the two stocks.

Summary

Qorvo beats Peraso on 8 of the 14 factors compared between the two stocks.

About Qorvo

(Get Free Report)

Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.

About Peraso

(Get Free Report)

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.

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