Invesaro

Stocks QRVO DCF valuation

DCF valuation

What is Qorvo, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Qorvo, Inc.'s reported free cash flow gives $86.82 per share. The share price was $117.97 on September 25, 2026, 36% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$679.6M
Average free cash flow, last 5 years
$678M
Cash
$1.22B
balance sheet of March 28, 2026
Debt
$1.55B
balance sheet of March 28, 2026
Diluted shares, fiscal 2026
93,547,000
Revenue growth per year, last 5 years
-1.7%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-6.5%-2.0%2.0%10.0%$53.99-54%
Base-1.5%0.5%2.5%9.0%$86.82-26%
Bull3.5%3.5%3.0%8.0%$152.16+29%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$109.76$116.59$124.94$135.37$148.79
8.0%$92.77$97.20$102.44$108.72$116.40
9.0%$80.30$83.33$86.82$90.90$95.71
10.0%$70.74$72.89$75.33$78.12$81.34
11.0%$63.18$64.76$66.52$68.51$70.76

Where the presets come from

Base: years 1 to 5 grow at Qorvo, Inc.'s revenue growth rate over the last 5 fiscal years (-1.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Qorvo, Inc. company page