Should I buy or sell Marvell Technology stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 1 hold rating and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MRVL shares. View MRVL analyst ratings or view top-rated stocks .

What is Marvell Technology's stock price target for 2024?

21 equities research analysts have issued twelve-month price targets for Marvell Technology's stock. Their MRVL share price targets range from $65.00 to $100.00. On average, they predict the company's share price to reach $81.13 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View analysts price targets for MRVL or view top-rated stocks among Wall Street analysts .

How have MRVL shares performed in 2024?

Marvell Technology's stock was trading at $60.31 at the start of the year. Since then, MRVL stock has increased by 8.2% and is now trading at $65.24. View the best growth stocks for 2024 here .

When is Marvell Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our MRVL earnings forecast .

How were Marvell Technology's earnings last quarter?

Marvell Technology, Inc. (NASDAQ:MRVL) posted its quarterly earnings data on Thursday, March, 7th. The semiconductor company reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates of $0.46. The semiconductor company earned $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Marvell Technology had a negative net margin of 16.95% and a positive trailing twelve-month return on equity of 4.96%. The business's revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 EPS.

How often does Marvell Technology pay dividends? What is the dividend yield for Marvell Technology?

Marvell Technology announced a quarterly dividend on Friday, March 15th. Shareholders of record on Friday, April 12th will be given a dividend of $0.06 per share on Wednesday, May 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, April 11th. Read our dividend analysis for MRVL .

Is Marvell Technology a good dividend stock?

Marvell Technology (NASDAQ:MRVL) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.35%. Read our dividend analysis for MRVL .

What ETFs hold Marvell Technology's stock?

ETFs with the largest weight of Marvell Technology (NASDAQ:MRVL) stock in their portfolio include Spear Alpha ETF (SPRX) , Defiance Next Gen Connectivity ETF (FIVG) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Fidelity Disruptive Technology ETF (FDTX) , Roundhill Generative AI & Technology ETF (CHAT) , iShares Semiconductor ETF (SOXX) , Invesco PHLX Semiconductor ETF (SOXQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) .

How will Marvell Technology's stock buyback program work?

Marvell Technology declared that its board has initiated a stock repurchase plan on Thursday, March 7th 2024, which authorizes the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

What guidance has Marvell Technology issued on next quarter's earnings?

Marvell Technology updated its first quarter 2025 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of 0.180-0.280 for the period, compared to the consensus estimate of 0.400. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.4 billion.

What is Matt Murphy's approval rating as Marvell Technology's CEO?

247 employees have rated Marvell Technology Chief Executive Officer Matt Murphy on Glassdoor.com . Matt Murphy has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Marvell Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Micron Technology (MU) , QUALCOMM (QCOM) , Alibaba Group (BABA) , Intel (INTC) , Salesforce (CRM) , Walt Disney (DIS) , Cisco Systems (CSCO) and Block (SQ) .

Who are Marvell Technology's major shareholders?

Marvell Technology's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.22%), IMC Chicago LLC (0.00%), Vaughan Nelson Investment Management L.P. (0.08%), SteelPeak Wealth LLC (0.02%), Gateway Investment Advisers LLC (0.01%) and Deltec Asset Management LLC (0.01%). Insiders that own company stock include Chris Koopmans , Dan Christman , Dean E Jr Jarnac , Ford Tamer , Jean X Hu , Loi Nguyen , Matthew J Murphy , Michael G Strachan , Mitchell Gaynor , Muhammad Raghib Hussain , Nariman Yousefi , Sandeep Bharathi , Willem A Meintjes and Willem A Meintjes . View institutional ownership trends .

How do I buy shares of Marvell Technology?

Shares of MRVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Marvell Technology have any subsidiaries?

The following companies are subsidiares of Marvell Technology: Aquantia, Aquantia (Cayman) Ltd., Aquantia B.V., Aquantia C.V., Aquantia Corp., Aquantia Czech s.r.o , Aquantia Japan G.K., Aquantia LLC, Aquantia Rus LLC, Aquantia Semiconductor India Pvt Ltd, Aquantia Technology B.V., Avago - Printer ASICs, Avera, Avera Semiconductor LLC, Cavium, Cavium India Holdings LLC, Cavium International, Cavium LLC, Cavium Networks (India) Private Limited, Cavium Networks Asia, Cavium Networks International, Cavium Networks International Inc., Cavium Networks LLC, Cavium Networks Singapore Pte. Ltd., Cavium Semiconductor Technology (Shanghai) Co. Ltd., Cavium Taiwan Ltd., Cavium UK Ltd., Diseño de Sistemas en Silicio, Galileo Technology, Iamba Networks, Inphi, Kinoma Inc., Marvell Asia Pte Ltd, Marvell Hong Kong Limited, Marvell India Private Limited, Marvell International Ltd., Marvell International Technology Ltd., Marvell Israel (M.I.S.L) Ltd., Marvell Italia S.r.l., Marvell Japan K.K., Marvell Netherlands B.V., Marvell Semiconductor Canada Inc., Marvell Semiconductor Germany GmbH, Marvell Semiconductor Inc., Marvell Semiconductor Korea Ltd., Marvell Semiconductor Ltd., Marvell Semiconductor Sdn. Bhd., Marvell Semiconductor Technology S.a.r.l., Marvell Software Solutions Israel, Marvell Switzerland S.a.r.l., Marvell Taiwan Ltd., Marvell Technology (Beijing) Ltd., Marvell Technology (Chengdu) Ltd., Marvell Technology (Nanjing) Ltd., Marvell Technology (Shanghai) Ltd., Marvell Technology Denmark ApS, Marvell Technology Inc., Marvell Technology Japan Y.K., Marvell Technology Sweden AB, Marvell Technology Vietnam LLC, Marvell UK Limited, Marvell World Trade Ltd., NetXen Inc., PT. Marvell Technology Indonesia, PicoMobile Networks, QLGC Limited (Ireland), QLogic Hong Kong Ltd., QLogic India Pvt. Ltd., QLogic International Holdings Inc., QLogic International Ltd., QLogic LLC, QLogic Storage Network Infrastructure (Beijing) Co. Ltd., QLogic Switch Products LLC, SysKonnect, Utopia Capital Holdings Ltd., and Xelerated. Read More

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NASDAQ:MRVL

Marvell Technology (MRVL) Stock Price, News & Analysis

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$65.24

-1.24 (-1.87%)

(As of 04/18/2024 ET)

Compare

Today's Range: $64.38
▼
$66.37
50-Day Range: $65.04
▼
$85.09
52-Week Range: $36.90
▼
$85.76

Volume: 11.87 million shs
Average Volume: 14.21 million shs
Market Capitalization: $56.50 billion

P/E Ratio: N/A
Dividend Yield: 0.37%
Price Target: $81.13

Get Marvell Technology alerts:

Marvell Technology MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.95 Rating Score
Upside/Downside: 24.3% Upside
$81.13 Price Target
Short Interest: Healthy
2.06% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.96
Upright™ Environmental Score
News Sentiment: 0.59
Based on 43 Articles This Week
Insider Trading: Selling Shares
$7.32 M Sold Last Quarter
Proj. Earnings Growth: 126.39%
From $0.72 to $1.63 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.68 out of 5 stars

Business Services Sector

18th out of 296 stocks

Semiconductors & Related Devices Industry

13th out of 87 stocks

3.5

Analyst's Opinion

Consensus Rating
Marvell Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.95, and is based on 20 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Marvell Technology has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.06% of the outstanding shares of Marvell Technology have been sold short.
Short Interest Ratio / Days to Cover
Marvell Technology has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Marvell Technology has recently decreased by 14.38%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Marvell Technology has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Marvell Technology does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Marvell Technology will have a dividend payout ratio of 14.72% next year. This indicates that Marvell Technology will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Marvell Technology has received a 27.55% net impact score from Upright. Marvell Technology seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Network interface controllers", "Coaxial cables", and "System on a chip" products. See details.
Environmental Sustainability
The Environmental Impact score for Marvell Technology is -0.96.

2.0

News and Social Media Coverage

News Sentiment
Marvell Technology has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 43 news articles for Marvell Technology this week, compared to 15 articles on an average week.
Search Interest
Only 134 people have searched for MRVL on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 62 people have added Marvell Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -3% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Marvell Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,315,640.00 in company stock.
Percentage Held by Insiders
Only 0.45% of the stock of Marvell Technology is held by insiders.
Percentage Held by Institutions
83.51% of the stock of Marvell Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Marvell Technology are expected to grow by 126.39% in the coming year, from $0.72 to $1.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Marvell Technology is -60.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marvell Technology is -60.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Marvell Technology has a PEG Ratio of 4.99. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Marvell Technology has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Marvell Technology Stock (NASDAQ:MRVL)

Marvell Technology, Inc. is a global semiconductor company founded in 1995 that designs and develops integrated circuits for various applications, including cloud computing, wireless communications, and storage solutions. The company aims to "empower the world's leading innovators to make lives better and the world safer."

Marvell's products and services cater to diverse customers, including some of the world's leading technology companies, such as Microsoft, Samsung, and Western Digital. The company has operations in over 20 countries and employs approximately 5,000 people.

Marvell's management team is led by Chief Executive Officer Matt Murphy, who joined the company in 2016. Murphy has over 25 years of experience in the semiconductor industry and has played a key role in driving Marvell's growth and transformation. A team of experienced executives with diverse engineering, operations, and finance backgrounds supports him.

Marvell reported revenue that has been increasing quite rapidly over the recent past. The company reported a net loss for the past several years, but that net loss has been reducing yearly as Marvell moves toward profitability. Marvell's gross margin is approximately 60%, consistent with the company's historical margin performance.

Marvell has a market capitalization of approximately $30 billion and trades at a forward price-to-earnings ratio that compares favorably to the semiconductor industry average forward P/E ratio. Marvell's price-to-sales ratio is also lower than the industry average. The company's valuation is driven by its strong financial performance, robust growth prospects, and ability to innovate and adapt to changing market conditions.

Marvell's stock has been volatile recently due to downgraded analyst ratings and uncertainty in the semiconductor market. The company's share price has paralleled the benchmark Philadelphia Semiconductor Index over the same period, indicating that this is a sector-wide problem, not a problem with Marvell directly.

The semiconductor industry has experienced significant growth over the past decade, driven by the proliferation of connected devices, cloud computing, and artificial intelligence. The industry is highly competitive, with prominent players like Intel and Broadcom dominating the market. However, Marvell has carved out a niche by focusing on high-growth markets such as 5G wireless, cloud computing, and automotive applications.

Marvell's competitive advantages include its strong engineering capabilities, innovative product portfolio, and strategic partnerships with leading technology companies. The company has also made significant investments in research and development to stay ahead of emerging technologies and market trends.

Marvell has several growth opportunities, including expanding its presence in the 5G wireless market, developing new products for cloud computing and artificial intelligence, and expanding into new geographic markets. The company has also made strategic acquisitions, such as acquiring Inphi Corporation, to expand its product portfolio and gain access to new customers and markets.

The semiconductor industry is subject to rapid technological change and evolving market conditions, making it challenging for companies to stay competitive. Marvell faces several risks and challenges, including increased competition, supply chain disruptions, and regulatory changes. The company's risk management strategies include diversification of its product portfolio, strategic partnerships, and investments in research and development to stay ahead of emerging technologies and market trends.

MRVL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRVL Stock News Headlines

April 18, 2024 | marketbeat.com

These are the Top 4 Stocks for Buybacks in 2024

Stock buybacks, also called stock repurchases, are important drivers of shareholder value, which is one of the reasons why Marketbeat tracks the data. As the name suggests, a buyback is when a company buys back its own shares from the market.

April 18, 2024 | marketbeat.com

These are the Top 4 Stocks for Buybacks in 2024 (MRVL)

Share repurchases are a powerful force for share prices. Companies that buy back shares help support the market for their stocks and boost investor confidence.

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 18, 2024 | insidertrades.com

Marvell Technology, Inc. (NASDAQ:MRVL) EVP Chris Koopmans Sells 5,000 Shares

April 16, 2024 | marketbeat.com

Silicon Motion Proves That AI in Motion Stays in Motion (MRVL)

Silicon Motion Technology Co. (NASDAQ: SIMO) is a fabless semiconductor company in the computer and technology sector specializing in designing and developing

April 3, 2024 | insidertrades.com

Marvell Technology, Inc. (NASDAQ:MRVL) CFO Sells $71,500.00 in Stock

March 19, 2024 | insidertrades.com

Marvell Technology, Inc. (NASDAQ:MRVL) CFO Sells $67,790.00 in Stock

April 17, 2024 | benzinga.com

Marvell Tech Stock (NASDAQ:MRVL), Analyst Ratings, Price Targets, Predictions

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | americanbankingnews.com

Marvell Technology (NASDAQ:MRVL) Receives New Coverage from Analysts at Evercore ISI

April 16, 2024 | benzinga.com

Smart Money Is Betting Big In MRVL Options

April 16, 2024 | msn.com

Evercore ISI Group Initiates Coverage of Marvell Technology (MRVL) with Outperform Recommendation

April 16, 2024 | msn.com

Marvell likely to benefit from AI growth, Evercore says

April 16, 2024 | markets.businessinsider.com

Marvell’s Growth Trajectory in AI and Data Center Switching: An In-Depth Analysis and Bullish Outlook

April 15, 2024 | fool.com

2 Semiconductor Stocks to Buy and Hold for Great Long-Term Potential

April 14, 2024 | finance.yahoo.com

Is Marvell Technology, Inc. (NASDAQ:MRVL) Potentially Undervalued?

April 14, 2024 | markets.businessinsider.com

Stifel Nicolaus Sticks to Their Buy Rating for Marvell (MRVL)

April 14, 2024 | americanbankingnews.com

Marvell Technology (NASDAQ:MRVL) Rating Reiterated by Needham & Company LLC

April 14, 2024 | americanbankingnews.com

Marvell Technology's (MRVL) "Buy" Rating Reaffirmed at Stifel Nicolaus

April 14, 2024 | americanbankingnews.com

Marvell Technology's (MRVL) "Buy" Rating Reaffirmed at Roth Mkm

April 14, 2024 | americanbankingnews.com

Marvell Technology (NASDAQ:MRVL) Rating Reiterated by Cantor Fitzgerald

April 13, 2024 | seekingalpha.com

Marvell Technology: Potential Upcycle Coming Ahead In FY 2026

April 12, 2024 | markets.businessinsider.com

Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts

April 12, 2024 | finance.yahoo.com

Nvidia Stock Shakes Off Dip. Here’s the Next Catalyst for the Chip Maker.

April 12, 2024 | msn.com

Marvell (NASDAQ:MRVL): A New Customer Win Fails to Prpel Stock Growth

April 12, 2024 | americanbankingnews.com

Marvell Technology Target of Unusually High Options Trading (NASDAQ:MRVL)

April 12, 2024 | americanbankingnews.com

Marvell Technology (NASDAQ:MRVL) Downgraded to "Sell" at StockNews.com

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 1/04/2024
Dividend Payable: 1/31/2024
Last Earnings: 3/07/2024
Ex-Dividend for 5/1 Dividend: 4/11/2024
Today: 4/18/2024
Dividend Payable: 5/01/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Current Symbol: NASDAQ:MRVL
CUSIP: G5876H10
CIK: 1058057
Web: www.marvell.com
Phone: (302) 295-4840
Fax: 441-295-3328
Employees: 6,577
Year Founded: 1995

Price Target and Rating

Average Stock Price Target: $81.13
High Stock Price Target: $100.00
Low Stock Price Target: $65.00
Potential Upside/Downside: +24.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.95
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 90.61
P/E Growth: 4.99
Net Income: $-933,400,000.00
Net Margins: -16.95%
Pretax Margin: -13.77%
Return on Equity: 4.96%
Return on Assets: 3.48%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 1.69
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $5.51 billion
Price / Sales: 10.26
Cash Flow: $2.33 per share
Price / Cash Flow: 27.99
Book Value: $17.16 per share
Price / Book: 3.80

Miscellaneous

Outstanding Shares: 866,000,000
Free Float: 862,103,000
Market Cap: $56.50 billion
Optionable: Optionable
Beta: 1.50

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Key Executives

Mr. Matthew J. Murphy (Age 51)
President, CEO & Chairman
Comp: $3.24M
Mr. Willem A. Meintjes (Age 43)
Chief Financial Officer
Comp: $826.64k
Mr. Christopher Koopmans (Age 47)
Chief Operations Officer
Comp: $1.11M
Mr. Raghib Hussain (Age 51)
President of Products & Technologies
Comp: $1.3M
Mr. Daniel W. Christman (Age 52)
Executive VP & GM of Analog Products Group
Comp: $978.42k
Dr. Sehat Sutardja Ph.D. (Age 63)
Co-Founder
Comp: $377.92k
Ms. Weili Dai (Age 62)
Co-Founder
Comp: $36.26k
Ms. Pani Dixon
Chief Accounting Officer
Mr. Mitchell Lee Gaynor (Age 64)
Chief Administration Officer
Comp: $1.32M
Ashish Saran
Senior Vice President of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Marvell Technology Stock? MRVL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Marvell Technology, Inc.:

Marvell Technology provides data infrastructure semiconductor solutions, covering a wide range from data center core to network edge, indicating diversified revenue streams.
The company develops and scales complex System-on-a-Chip architectures, showcasing technological innovation and potential for future growth.
Marvell Technology offers a portfolio of Ethernet solutions, including controllers, network adapters, and switches, catering to the increasing demand for data connectivity.
With operations in various countries, Marvell Technology has a global presence, reducing dependency on any single market and enhancing market stability.
Considering the current stock price and recent performance, Marvell Technology may present a favorable entry point for investors seeking growth opportunities in the semiconductor industry.

Cons

Investors should be bearish about investing in Marvell Technology, Inc. for these reasons:

Market competition in the semiconductor industry is intense, potentially impacting Marvell Technology's market share and profitability.
Volatility in semiconductor demand and supply chain disruptions could affect Marvell Technology's production capabilities and financial performance.
Technological advancements and rapid obsolescence in the semiconductor sector may require continuous investment in research and development, impacting short-term profitability.
Global economic uncertainties and geopolitical tensions could pose risks to Marvell Technology's international operations and revenue streams.
Fluctuations in semiconductor prices and input costs may influence Marvell Technology's margins and overall financial health.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Marvell Technology pros and cons to contact@marketbeat.com.

MRVL Stock Analysis - Frequently Asked Questions

Should I buy or sell Marvell Technology stock right now?: 21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 1 hold rating and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MRVL shares.
View MRVL analyst ratings or view top-rated stocks.
What is Marvell Technology's stock price target for 2024?: 21 equities research analysts have issued twelve-month price targets for Marvell Technology's stock. Their MRVL share price targets range from $65.00 to $100.00. On average, they predict the company's share price to reach $81.13 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for MRVL or view top-rated stocks among Wall Street analysts.
How have MRVL shares performed in 2024?: Marvell Technology's stock was trading at $60.31 at the start of the year. Since then, MRVL stock has increased by 8.2% and is now trading at $65.24.
View the best growth stocks for 2024 here.
When is Marvell Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our MRVL earnings forecast.
How were Marvell Technology's earnings last quarter?: Marvell Technology, Inc. (NASDAQ:MRVL) posted its quarterly earnings data on Thursday, March, 7th. The semiconductor company reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates of $0.46. The semiconductor company earned $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Marvell Technology had a negative net margin of 16.95% and a positive trailing twelve-month return on equity of 4.96%. The business's revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 EPS.
How often does Marvell Technology pay dividends? What is the dividend yield for Marvell Technology?: Marvell Technology announced a quarterly dividend on Friday, March 15th. Shareholders of record on Friday, April 12th will be given a dividend of $0.06 per share on Wednesday, May 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, April 11th.
Read our dividend analysis for MRVL.
Is Marvell Technology a good dividend stock?: Marvell Technology (NASDAQ:MRVL) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.35%.
Read our dividend analysis for MRVL.
What ETFs hold Marvell Technology's stock?: ETFs with the largest weight of Marvell Technology (NASDAQ:MRVL) stock in their portfolio include Spear Alpha ETF (SPRX), Defiance Next Gen Connectivity ETF (FIVG), Columbia Seligman Semiconductor and Technology ETF (SEMI), Fidelity Disruptive Technology ETF (FDTX), Roundhill Generative AI & Technology ETF (CHAT), iShares Semiconductor ETF (SOXX), Invesco PHLX Semiconductor ETF (SOXQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK).

How will Marvell Technology's stock buyback program work?: Marvell Technology declared that its board has initiated a stock repurchase plan on Thursday, March 7th 2024, which authorizes the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.
What guidance has Marvell Technology issued on next quarter's earnings?: Marvell Technology updated its first quarter 2025 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of 0.180-0.280 for the period, compared to the consensus estimate of 0.400. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.4 billion.
What is Matt Murphy's approval rating as Marvell Technology's CEO?: 247 employees have rated Marvell Technology Chief Executive Officer Matt Murphy on Glassdoor.com. Matt Murphy has an approval rating of 89% among the company's employees.
What other stocks do shareholders of Marvell Technology own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Intel (INTC), Salesforce (CRM), Walt Disney (DIS), Cisco Systems (CSCO) and Block (SQ).
Who are Marvell Technology's major shareholders?: Marvell Technology's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.22%), IMC Chicago LLC (0.00%), Vaughan Nelson Investment Management L.P. (0.08%), SteelPeak Wealth LLC (0.02%), Gateway Investment Advisers LLC (0.01%) and Deltec Asset Management LLC (0.01%). Insiders that own company stock include Chris Koopmans, Dan Christman, Dean E Jr Jarnac, Ford Tamer, Jean X Hu, Loi Nguyen, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Muhammad Raghib Hussain, Nariman Yousefi, Sandeep Bharathi, Willem A Meintjes and Willem A Meintjes.
View institutional ownership trends.
How do I buy shares of Marvell Technology?: Shares of MRVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Marvell Technology have any subsidiaries?: The following companies are subsidiares of Marvell Technology: Aquantia, Aquantia (Cayman) Ltd., Aquantia B.V., Aquantia C.V., Aquantia Corp., Aquantia Czech s.r.o , Aquantia Japan G.K., Aquantia LLC, Aquantia Rus LLC, Aquantia Semiconductor India Pvt Ltd, Aquantia Technology B.V., Avago - Printer ASICs, Avera, Avera Semiconductor LLC, Cavium, Cavium India Holdings LLC, Cavium International, Cavium LLC, Cavium Networks (India) Private Limited, Cavium Networks Asia, Cavium Networks International, Cavium Networks International Inc., Cavium Networks LLC, Cavium Networks Singapore Pte. Ltd., Cavium Semiconductor Technology (Shanghai) Co. Ltd., Cavium Taiwan Ltd., Cavium UK Ltd., Diseño de Sistemas en Silicio, Galileo Technology, Iamba Networks, Inphi, Kinoma Inc., Marvell Asia Pte Ltd, Marvell Hong Kong Limited, Marvell India Private Limited, Marvell International Ltd., Marvell International Technology Ltd., Marvell Israel (M.I.S.L) Ltd., Marvell Italia S.r.l., Marvell Japan K.K., Marvell Netherlands B.V., Marvell Semiconductor Canada Inc., Marvell Semiconductor Germany GmbH, Marvell Semiconductor Inc., Marvell Semiconductor Korea Ltd., Marvell Semiconductor Ltd., Marvell Semiconductor Sdn. Bhd., Marvell Semiconductor Technology S.a.r.l., Marvell Software Solutions Israel, Marvell Switzerland S.a.r.l., Marvell Taiwan Ltd., Marvell Technology (Beijing) Ltd., Marvell Technology (Chengdu) Ltd., Marvell Technology (Nanjing) Ltd., Marvell Technology (Shanghai) Ltd., Marvell Technology Denmark ApS, Marvell Technology Inc., Marvell Technology Japan Y.K., Marvell Technology Sweden AB, Marvell Technology Vietnam LLC, Marvell UK Limited, Marvell World Trade Ltd., NetXen Inc., PT. Marvell Technology Indonesia, PicoMobile Networks, QLGC Limited (Ireland), QLogic Hong Kong Ltd., QLogic India Pvt. Ltd., QLogic International Holdings Inc., QLogic International Ltd., QLogic LLC, QLogic Storage Network Infrastructure (Beijing) Co. Ltd., QLogic Switch Products LLC, SysKonnect, Utopia Capital Holdings Ltd., and Xelerated.
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This page (NASDAQ:MRVL) was last updated on 4/18/2024 by MarketBeat.com Staff

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