Marvell Technology (NASDAQ:MRVL) Upgraded at Zacks Research

Zacks Research upgraded shares of Marvell Technology (NASDAQ:MRVL) from a strong sell rating to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other analysts have also issued reports on MRVL. Wall Street Zen lowered Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a report on Friday, March 27th. Cantor Fitzgerald restated a “neutral” rating on shares of Marvell Technology in a research note on Friday, March 6th. Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $90.00 to $110.00 in a report on Friday, March 6th. Finally, B. Riley Financial reiterated a “buy” rating and set a $135.00 target price (up from $130.00) on shares of Marvell Technology in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and an average price target of $117.24.

Marvell Technology Price Performance

MRVL opened at $107.11 on Tuesday. Marvell Technology has a 52-week low of $47.08 and a 52-week high of $107.84. The company has a 50 day moving average of $84.86 and a two-hundred day moving average of $85.26. The company has a market cap of $93.66 billion, a P/E ratio of 34.78, a P/E/G ratio of 0.97 and a beta of 1.83. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, analysts expect that Marvell Technology will post 0.91 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 7.79%.

Insider Transactions at Marvell Technology

In related news, CEO Matthew J. Murphy sold 30,000 shares of the firm’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the transaction, the chief executive officer directly owned 310,106 shares in the company, valued at $30,607,462.20. This trade represents a 8.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the completion of the transaction, the executive vice president directly owned 4,023 shares of the company’s stock, valued at approximately $430,501.23. This represents a 72.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 97,268 shares of company stock worth $9,747,735. 0.19% of the stock is currently owned by corporate insiders.

Institutional Trading of Marvell Technology

A number of institutional investors and hedge funds have recently modified their holdings of MRVL. Laurel Wealth Advisors LLC acquired a new stake in Marvell Technology during the fourth quarter worth about $25,000. Jessup Wealth Management Inc bought a new position in Marvell Technology in the fourth quarter worth about $25,000. Cherry Tree Wealth Management LLC acquired a new position in Marvell Technology in the fourth quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC boosted its stake in Marvell Technology by 160.0% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares during the period. Finally, MidFirst Bank bought a new position in shares of Marvell Technology during the fourth quarter valued at approximately $28,000. 83.51% of the stock is owned by institutional investors and hedge funds.

More Marvell Technology News

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

• Positive Sentiment: NVIDIA’s $2B investment and expanded NVLink Fusion partnership is being treated as a strategic “vote of confidence” that accelerates Marvell’s AI infrastructure addressable market and cross‑sell opportunities. Marvell Gets Nvidia’s $2B ‘Vote of Confidence’: Analysts Strike a Bullish Chord
• Positive Sentiment: Bank of America reiterated Buy and lifted its price target (to $125), citing the Nvidia tie‑up as a catalyst for stronger AI/data‑center revenue — another broker followed with a $130 target, reinforcing upside expectations. Bank of America raises Marvell Technology price target on Nvidia partnership
• Positive Sentiment: Market commentary and outlets are framing Marvell as an AI‑infrastructure beneficiary (many buy/spark pieces), which supports continued investor interest and ETF flows into MRVL. Marvell Technology (MRVL) Shares Skyrocket, What You Need To Know
• Neutral Sentiment: Zacks upgraded Marvell from “strong sell” to “hold,” reducing negative bias but stopping short of a buy call—useful context but less marketmoving than the Nvidia deal. Zacks.com
• Neutral Sentiment: Several analyst / investor pieces evaluate MRVL post‑Q4 earnings (beat on EPS/revenue and raised Q1 guidance) — these explain the longer‑term thesis but add less immediate price pressure than the Nvidia story. Marvell Technology (MRVL): Buy, Sell, or Hold Post Q4 Earnings?
• Negative Sentiment: Insider selling: EVP Mark Casper disclosed large sales this week (combined ~17,854 shares across April 1–2), trimming his position significantly — a near‑term negative signal investors often watch for timing/valuation concerns. SEC Form 4 filing (Mark Casper)
• Negative Sentiment: Broader macro/geopolitical headlines (e.g., Trump/Iran tension) have pressured chip names at times this week and can trigger short‑term volatility for MRVL despite company‑specific positives. Chip Stocks Fall After Trump Iran Warning

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.