Marvell Technology (NASDAQ:MRVL) Trading Down 2.4% on Analyst Downgrade

Marvell Technology, Inc. (NASDAQ:MRVL) shares were down 2.4% during mid-day trading on Wednesday after Citigroup lowered their price target on the stock from $114.00 to $113.00. Citigroup currently has a buy rating on the stock. Marvell Technology traded as low as $71.78 and last traded at $73.73. Approximately 17,038,885 shares traded hands during trading, an increase of 13% from the average daily volume of 15,029,080 shares. The stock had previously closed at $75.54.

Several other equities analysts also recently commented on the company. Cantor Fitzgerald set a $100.00 price target on Marvell Technology in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Marvell Technology from $90.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Evercore ISI lifted their target price on shares of Marvell Technology from $122.00 to $156.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Needham & Company LLC decreased their price target on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Rosenblatt Securities lowered their price target on Marvell Technology from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and a consensus target price of $115.31.

Insider Activity

In other news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the transaction, the executive vice president owned 19,418 shares in the company, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

More Marvell Technology News

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: RBC reiterated an Outperform on MRVL, saying the company’s AI infrastructure exposure and strategy strengthen the long‑term case for the stock. RBC Reiterates Outperform on Marvell (MRVL) as AI Infrastructure Thesis Strengthens
• Positive Sentiment: The Globe and Mail flagged a new “Buy” recommendation for Marvell, adding to the list of bullish analyst views that see upside from AI and connectivity end markets. Marvell (MRVL): New Buy Recommendation for This Technology Giant
• Positive Sentiment: Coverage framing the Celestial AI deal as a strategic refocus on AI data‑center connectivity highlights long‑term photonics and AI interconnect upside for Marvell’s roadmap. Marvell Celestial AI Deal Refocuses Thesis On AI Data Center Connectivity
• Neutral Sentiment: Marvell confirmed it has completed the Celestial AI acquisition — a strategic, multi‑year growth play whose financial contribution is expected further out, leaving near‑term impact mixed. Marvell Technology, Inc. Completes Acquisition of Celestial AI
• Neutral Sentiment: Several analyst notes provide mixed views — some reiterate buys with trimmed targets while others call for caution, reflecting differing timelines for Celestial’s payoff versus near‑term EPS pressure. Analysts Offer Insights on Technology Companies: Marvell (MRVL) and Evertec (EVTC)
• Negative Sentiment: Multiple firms trimmed price targets (Needham, Rosenblatt, Citigroup among others) or lowered targets while keeping Buy ratings — those cuts have pressured the stock near term. Marvell Technology Stock Slips As Analysts Cut Price Targets
• Negative Sentiment: Bank of America (via research coverage) kept a Hold and lowered its price target to $90, citing execution, customer concentration and dilution risks tied to the Celestial deal. Marvell: Neutral Outlook Balances Celestial AI Upside Against Execution, Concentration, and Dilution Risks
• Negative Sentiment: Market commentators including Jim Cramer labeled Marvell a “derivative” company — a characterization that can dampen investor enthusiasm among retail flows. Jim Cramer on Marvell: “They’re an Excellent Company, But They’re a Derivative Company”
• Negative Sentiment: Zacks and market‑flow pieces noted MRVL has recently declined more than the broader market, tying the move to the analyst reactions and near‑term uncertainty around integration and dilution. Here’s Why Marvell Technology (MRVL) Fell More Than Broader Market

Institutional Trading of Marvell Technology

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Marvell Technology by 23.5% in the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares in the last quarter. Norges Bank acquired a new stake in Marvell Technology during the second quarter worth $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Marvell Technology by 4,758.5% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock valued at $544,603,000 after buying an additional 6,891,393 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Marvell Technology by 59.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after buying an additional 6,217,952 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Marvell Technology by 113.4% during the 2nd quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock worth $642,140,000 after acquiring an additional 4,596,309 shares during the period. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Down 2.4%

The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The business’s fifty day moving average price is $85.37 and its 200 day moving average price is $81.50. The company has a market capitalization of $62.53 billion, a P/E ratio of 25.87, a P/E/G ratio of 0.56 and a beta of 1.97.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.02. The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. As a group, equities research analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Investors of record on Friday, January 9th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, January 9th. Marvell Technology’s dividend payout ratio (DPR) is 8.42%.

About Marvell Technology

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.