Marvell Technology, Inc. (NASDAQ:MRVL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Marvell Technology, Inc. (NASDAQ:MRVL) has been given a consensus rating of “Moderate Buy” by the thirty-five ratings firms that are covering the company, Marketbeat Ratings reports. Eleven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $115.3125.

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted 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. Zacks Research cut shares of Marvell Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Oppenheimer restated an “outperform” rating and issued a $150.00 target price (up from $115.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Stifel Nicolaus raised their target price on shares of Marvell Technology from $95.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Finally, Piper Sandler set a $110.00 price target on Marvell Technology in a report on Wednesday, December 3rd.

Insider Activity

In other news, EVP Mark Casper sold 5,000 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was 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. This trade represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Trifecta Capital Advisors LLC boosted its stake in shares of Marvell Technology by 8.8% during the third quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock valued at $120,000 after purchasing an additional 116 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Marvell Technology by 1.7% during the third quarter. GAMMA Investing LLC now owns 7,306 shares of the semiconductor company’s stock worth $614,000 after buying an additional 122 shares during the period. FSM Wealth Advisors LLC boosted its position in Marvell Technology by 4.4% during the 3rd quarter. FSM Wealth Advisors LLC now owns 2,939 shares of the semiconductor company’s stock valued at $247,000 after acquiring an additional 123 shares in the last quarter. Faithward Advisors LLC increased its holdings in shares of Marvell Technology by 2.1% in the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock valued at $525,000 after acquiring an additional 126 shares during the period. Finally, Meeder Asset Management Inc. raised its position in shares of Marvell Technology by 30.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 130 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Stock Up 8.2%

Shares of NASDAQ:MRVL opened at $80.32 on Monday. The firm has a market capitalization of $68.12 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 0.61 and a beta of 1.97. The business has a 50 day simple moving average of $84.92 and a two-hundred day simple moving average of $81.63. Marvell Technology has a 1 year low of $47.08 and a 1 year high of $121.81. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64.

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

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were issued a $0.06 dividend. 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 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.