Marvell Technology (NASDAQ:MRVL) Stock Price Down 4% Following Analyst Downgrade

Marvell Technology, Inc. (NASDAQ:MRVL)’s stock price traded down 4% on Tuesday 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 $72.79 and last traded at $75.54. 22,035,554 shares were traded during trading, an increase of 48% from the average session volume of 14,912,365 shares. The stock had previously closed at $78.66.

A number of other research firms also recently issued reports on MRVL. KeyCorp increased their target price on shares of Marvell Technology from $90.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. Piper Sandler set a $110.00 price objective on shares of Marvell Technology in a research note on Wednesday, December 3rd. Wells Fargo & Company increased their target price on shares of Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. B. Riley reaffirmed a “buy” rating and issued a $130.00 price target (up previously from $100.00) on shares of Marvell Technology in a research report on Wednesday, December 3rd. Finally, Barclays increased their price objective on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.31.

Insider Buying and Selling

In other news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 19,418 shares in the company, valued at $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell completed the acquisition of Celestial AI, gaining Photonic Fabric optical‑interconnect technology that management and some analysts say can enable long‑term revenue and AI/scale-up connectivity growth. Marvell Completes Acquisition of Celestial AI
• Neutral Sentiment: Analysts such as Needham/Quinn Bolton maintained Buy ratings while lowering price targets, calling the Celestial deal strategically accretive long‑term but noting potential near‑term EPS pressure from the transaction. This is supportive of the story but tempers near‑term expectations. Marvell Technology: Celestial AI Acquisition Unlocks Long-Term Photonics-Driven Growth Despite Near-Term EPS Pressure
• Neutral Sentiment: Note: a separate press item refers to Marvel Biosciences (TSXV: MRVL), which is a different company and unrelated to Marvell Technology; that patent news is noise for MRVL investors. Marvel Biosciences Receives Japanese Patent
• Negative Sentiment: Multiple analysts trimmed price targets (Citigroup, Rosenblatt, Needham and others); even with many ratings remaining Buy, lower targets and some Hold reiterations put downward pressure on the stock and contributed to intraday selling. Marvell Technology Stock Slips As Analysts Cut Price Targets
• Negative Sentiment: Market commentary and data outlets note the share decline and elevated volume, and warn institutional holders may act after recent drops — signaling potential further near‑term selling pressure. Marvell Technology (MRVL) Declines More Than Market

Institutional Trading of Marvell Technology

A number of hedge funds have recently bought and sold shares of MRVL. Laurel Wealth Advisors LLC acquired a new position in shares of Marvell Technology during the fourth quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC increased its stake in Marvell Technology by 160.0% during 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. Game Plan Financial Advisors LLC acquired a new position in Marvell Technology in the 2nd quarter valued at approximately $27,000. Kiker Wealth Management LLC raised its holdings in Marvell Technology by 374.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 281 shares in the last quarter. Finally, Nova Wealth Management Inc. lifted its position in shares of Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 353 shares during the period. 83.51% of the stock is owned by institutional investors.

Marvell Technology Price Performance

The company has a market cap of $64.07 billion, a price-to-earnings ratio of 26.51, a price-to-earnings-growth ratio of 0.58 and a beta of 1.97. 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 company has a fifty day moving average price of $85.65 and a two-hundred day moving average price of $81.56.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 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 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 quarterly revenue was up 36.8% compared to the same quarter last year. During the same period last year, the business earned $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 anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, January 9th. Marvell Technology’s payout ratio is presently 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.