Q1 EPS Estimate for Marvell Technology Boosted by Analyst

Marvell Technology, Inc. (NASDAQ:MRVL) – Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for Marvell Technology in a research report issued on Tuesday, December 16th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings of $0.61 per share for the quarter, up from their previous forecast of $0.58. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.Marvell Technology’s revenue for the quarter was up 36.8% compared to the same quarter last year. During the same period last year, the firm posted $0.43 EPS. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS.

Several other equities analysts have also commented on MRVL. Rosenblatt Securities reaffirmed a “buy” rating and set a $95.00 target price on shares of Marvell Technology in a report on Monday, December 1st. Roth Capital upped their price target on shares of Marvell Technology from $105.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Cowen reiterated a “hold” rating on shares of Marvell Technology in a report on Wednesday, December 3rd. Summit Insights raised Marvell Technology from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a research report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $111.25.

Marvell Technology Stock Down 0.4%

Shares of NASDAQ MRVL opened at $84.09 on Friday. The stock has a market capitalization of $71.32 billion, a P/E ratio of 29.51, a PEG ratio of 0.82 and a beta of 1.93. Marvell Technology has a one year low of $47.08 and a one year high of $127.48. The firm’s 50 day simple moving average is $87.72 and its two-hundred day simple moving average is $78.90. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64.

Institutional Trading of Marvell Technology

Several large investors have recently bought and sold shares of MRVL. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Game Plan Financial Advisors LLC bought a new position in Marvell Technology in the second quarter worth $27,000. Kiker Wealth Management LLC lifted its position in Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the period. Nova Wealth Management Inc. boosted its holdings in shares of Marvell Technology by 3,922.2% during the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares in the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Marvell Technology during the 2nd quarter valued at $32,000. 83.51% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Willem A. Meintjes purchased 3,400 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average price of $78.03 per share, for a total transaction of $265,302.00. Following the completion of the acquisition, the chief financial officer directly owned 132,159 shares in the company, valued at approximately $10,312,366.77. The trade was a 2.64% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Chris Koopmans acquired 6,800 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was bought at an average price of $78.03 per share, with a total value of $530,604.00. Following the completion of the acquisition, the chief operating officer directly owned 104,825 shares in the company, valued at approximately $8,179,494.75. This represents a 6.94% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 27,200 shares of company stock valued at $2,109,632 over the last three months. Insiders own 0.19% of the company’s stock.

Marvell Technology declared that its Board of Directors has initiated a stock buyback program on Wednesday, September 24th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Friday, January 9th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, January 9th. Marvell Technology’s dividend payout ratio is currently 8.42%.

Marvell Technology Company Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.