Q3 EPS Estimate for Marvell Technology Decreased by Analyst

Marvell Technology, Inc. (NASDAQ:MRVL) – Equities researchers at William Blair lowered their Q3 2026 EPS estimates for Marvell Technology in a report issued on Wednesday, May 7th. William Blair analyst S. Naji now expects that the semiconductor company will post earnings of $0.56 per share for the quarter, down from their prior estimate of $0.58. William Blair currently has a “Strong-Buy” rating on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. William Blair also issued estimates for Marvell Technology’s Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $2.11 EPS and FY2027 earnings at $2.56 EPS.

Other research analysts have also recently issued reports about the stock. TD Cowen lowered their price target on shares of Marvell Technology from $125.00 to $95.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. Needham & Company LLC dropped their price target on Marvell Technology from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, March 6th. Benchmark reduced their price objective on Marvell Technology from $135.00 to $95.00 and set a “buy” rating for the company in a research report on Wednesday. Barclays dropped their target price on Marvell Technology from $130.00 to $80.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Finally, KeyCorp reduced their price target on Marvell Technology from $135.00 to $115.00 and set an “overweight” rating for the company in a report on Thursday, March 6th. Four investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $110.30.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $57.63 on Thursday. Marvell Technology has a 1 year low of $47.09 and a 1 year high of $127.48. The stock has a market capitalization of $49.78 billion, a P/E ratio of -33.90, a P/E/G ratio of 1.61 and a beta of 1.83. The company’s 50-day moving average is $61.76 and its 200 day moving average is $89.46. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.60 and a quick ratio of 1.11.

Institutional Trading of Marvell Technology

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Brown Advisory Inc. increased its stake in shares of Marvell Technology by 2.2% in the first quarter. Brown Advisory Inc. now owns 19,300,527 shares of the semiconductor company’s stock valued at $1,188,333,000 after purchasing an additional 423,892 shares during the period. Invesco Ltd. increased its position in Marvell Technology by 30.1% in the 4th quarter. Invesco Ltd. now owns 16,157,979 shares of the semiconductor company’s stock valued at $1,784,649,000 after acquiring an additional 3,737,705 shares during the period. Janus Henderson Group PLC raised its stake in Marvell Technology by 6.9% during the 4th quarter. Janus Henderson Group PLC now owns 13,239,154 shares of the semiconductor company’s stock valued at $1,462,274,000 after acquiring an additional 857,087 shares in the last quarter. Wellington Management Group LLP boosted its position in Marvell Technology by 43.1% during the 4th quarter. Wellington Management Group LLP now owns 12,442,302 shares of the semiconductor company’s stock worth $1,374,252,000 after acquiring an additional 3,747,982 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Marvell Technology by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 11,468,144 shares of the semiconductor company’s stock worth $1,263,755,000 after purchasing an additional 80,005 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Mark Casper sold 12,460 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $55.00, for a total value of $685,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Willem A. Meintjes sold 1,500 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $60.00, for a total value of $90,000.00. Following the transaction, the chief financial officer now directly owns 124,348 shares in the company, valued at approximately $7,460,880. This represents a 1.19 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,890 shares of company stock valued at $2,027,938. Corporate insiders own 0.33% of the company’s stock.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Friday, April 11th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.24 annualized dividend and a dividend yield of 0.42%. Marvell Technology’s payout ratio is currently -23.53%.

About Marvell Technology

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.