Marvell Technology (MRVL) to Release Earnings on Thursday

Marvell Technology (NASDAQ:MRVLGet Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Thursday, May 29th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $1.88 billion for the quarter.

Marvell Technology Trading Down 2.1%

Shares of NASDAQ MRVL opened at $60.11 on Thursday. The company has a market cap of $51.92 billion, a price-to-earnings ratio of -35.36, a price-to-earnings-growth ratio of 1.61 and a beta of 1.83. Marvell Technology has a 12-month low of $47.09 and a 12-month high of $127.48. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. The stock’s 50 day simple moving average is $59.90 and its 200 day simple moving average is $88.24.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Friday, April 11th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date was Friday, April 11th. Marvell Technology’s dividend payout ratio is presently -23.53%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on MRVL shares. Needham & Company LLC lowered their price target on Marvell Technology from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Morgan Stanley decreased their price target on Marvell Technology from $113.00 to $90.00 and set an “equal weight” rating for the company in a research note on Thursday, March 6th. Wells Fargo & Company reissued an “overweight” rating on shares of Marvell Technology in a research report on Thursday, March 6th. Bank of America lowered their price objective on Marvell Technology from $120.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Finally, Raymond James set a $110.00 price target on Marvell Technology in a research report on Thursday, March 6th. Four analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.69.

Read Our Latest Stock Analysis on Marvell Technology

Insiders Place Their Bets

In other Marvell Technology news, CFO Willem A. Meintjes sold 1,500 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $68.83, for a total value of $103,245.00. Following the completion of the sale, the chief financial officer now directly owns 113,592 shares in the company, valued at $7,818,537.36. This trade represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Panteha Dixon sold 1,430 shares of Marvell Technology stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $68.75, for a total transaction of $98,312.50. Following the transaction, the chief accounting officer now owns 31,100 shares of the company’s stock, valued at $2,138,125. The trade was a 4.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,541 shares of company stock valued at $2,079,948 over the last three months. Insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On Marvell Technology

An institutional investor recently raised its position in Marvell Technology stock. Intech Investment Management LLC raised its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) by 3.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,784 shares of the semiconductor company’s stock after acquiring an additional 1,085 shares during the quarter. Intech Investment Management LLC’s holdings in Marvell Technology were worth $1,772,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Company Profile

(Get Free Report)

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.

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Earnings History for Marvell Technology (NASDAQ:MRVL)

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