Home Stock Ideas Long Ideas Tech  Summary Qorvo is executing a recovery, with gross margins already at the FY2028 target of 47% and net debt set to vanish within a year. QRVO trades at a 2-turn EV/EBITDA discount to Qualcomm despite comparable or superior margin performance, offering a compelling re-rating opportunity. The base case price target is $120 (+43%), with bull and bear scenarios at $175 (+109%) and $54 (−35%), respectively, driven by DCF and peer multiples. Apple concentration remains the principal risk; position sizing should reflect potential dual-sourcing impacts on revenue and margins. Editor's note: Seeking Alpha is proud to welcome Wail Shudar as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.…