Marvell Technology (NASDAQ:MRVL) Given New $113.00 Price Target at Citigroup

Marvell Technology (NASDAQ:MRVL) had its price target trimmed by Citigroup from $114.00 to $113.00 in a research note published on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

A number of other equities analysts also recently commented on the stock. UBS Group reduced their price objective on shares of Marvell Technology from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Tuesday. Susquehanna set a $120.00 target price on Marvell Technology and gave the stock a “positive” rating in a report on Wednesday, December 3rd. Barclays raised their price target on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 3rd. Piper Sandler set a $110.00 price objective on Marvell Technology in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a report on Monday, December 29th. Three research 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $115.31.

Marvell Technology Stock Down 4.0%

Shares of Marvell Technology stock opened at $75.54 on Tuesday. The firm has a market cap of $64.07 billion, a PE ratio of 26.51, a P/E/G ratio of 0.58 and a beta of 1.97. The business’s 50 day simple moving average is $85.65 and its 200 day simple moving average is $81.56. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01. Marvell Technology has a 52-week low of $47.08 and a 52-week high of $121.81.

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. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The business’s quarterly revenue was up 36.8% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, analysts predict that Marvell Technology will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Stockholders of record on Friday, January 9th were given 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 was Friday, January 9th. Marvell Technology’s dividend payout ratio is presently 8.42%.

Insiders Place Their Bets

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is owned by corporate insiders.

Institutional Trading of Marvell Technology

Institutional investors have recently modified their holdings of the business. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology in the fourth quarter valued at approximately $25,000. Game Plan Financial Advisors LLC bought a new stake in shares of Marvell Technology in the 2nd quarter valued at $27,000. Atlantic Edge Private Wealth Management LLC increased 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 acquiring an additional 200 shares in the last quarter. Kiker Wealth Management LLC lifted its position in shares of Marvell Technology by 374.7% during 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 during the period. Finally, Nova Wealth Management Inc. boosted its stake in Marvell Technology by 3,922.2% during the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 353 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Trending Headlines about 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

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.