MarketBeat | Real-Time Financial News and Analysis

Open Main Menu Open Sidebar

Marvell Technology Group Company Profile (NASDAQ:MRVL)

Consensus Ratings for Marvell Technology Group (NASDAQ:MRVL) (?)
Ratings Breakdown: 3 Sell Rating(s), 18 Hold Rating(s), 6 Buy Rating(s)
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $10.88 (11.20% upside)

Analysts' Ratings History for Marvell Technology Group (NASDAQ:MRVL)
Show:
DateFirmActionRatingPrice TargetActions
6/26/2016B. RileyReiterated RatingBuy$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/21/2016Cowen and CompanyReiterated RatingOutperform$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/13/2016BMO Capital MarketsReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/3/2016MKM PartnersReiterated RatingNeutral$9.00 -> $10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/27/2016Brean CapitalReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/16/2016Bank of AmericaReiterated RatingUnderperform$10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/7/2016FBR & Co.Reiterated RatingOutperform$11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/6/2016Morgan StanleyBoost Price Target$10.50 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/3/2016Deutsche BankReiterated RatingHold$10.00 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016Credit SuisseReiterated RatingHold$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/2/2016Needham & Company LLCReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2016Craig HallumBoost Price Target$17.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016Citigroup Inc.DowngradeSell$7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/8/2015JPMorgan Chase & Co.Lower Price TargetNeutral$12.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/27/2015Benchmark Co.Lower Price TargetHold$10.00 -> $8.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/27/2015RBC CapitalReiterated RatingSector Perform$10.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/12/2015NomuraDowngradeBuy -> Neutral$14.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Pacific CrestReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Jefferies GroupBoost Price TargetHold$10.00 -> $10.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Canaccord GenuityBoost Price TargetHold$6.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015SusquehannaReiterated RatingHold$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/25/2015Piper JaffrayReiterated RatingNeutral$14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/15/2015JMP SecuritiesLower Price TargetMarket Underperform$10.00 -> $7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/14/2015Northland SecuritiesReiterated RatingMarket Perform$15.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/13/2015OppenheimerReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/19/2015Ladenburg ThalmannUpgradeNeutral -> Buy$12.16 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/18/2015Goldman SachsUpgradeSell -> Neutral$12.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/23/2015Raymond JamesReiterated RatingOutperform$15.00 -> $16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/25/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/27/2014 forward)
Earnings History for Marvell Technology Group (NASDAQ:MRVL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
12/7/2015Q3 16$0.13$0.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
9/11/2015Q216$0.11($0.74)$711.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015Q116$0.10$0.13$724.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015Q415$0.24$0.25$889.90 million$857.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014Q315$0.29$0.29$976.10 million$930.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/21/2014Q215$0.28$0.34$961.56 million$961.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/22/2014Q115$0.22$0.27$892.25 million$957.83 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014Q414$0.25$0.29$901.13 million$931.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/21/2013Q3$0.25$0.32$872.80 million$931.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/22/2013Q2 2014$0.19$0.23$791.30 million$807.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/23/2013Q1 2014$0.14$0.19$721.55 million$734.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013Q4 2013$0.13$0.19$720.89 million$775.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/15/2012Q312$0.20$0.20$774.20 million$781.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/16/2012$0.26$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/17/2012$0.20$0.23ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$0.18$0.21ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/17/2011$0.39$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/18/2011$0.37$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/26/2011$0.30$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2011$0.42$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Marvell Technology Group (NASDAQ:MRVL)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.05$0.05$0.05
Q2 20162$0.04$0.06$0.05
Q3 20162$0.06$0.08$0.07
Q4 20162$0.08$0.10$0.09
Q1 20172$0.08$0.10$0.09
(Data provided by Zacks Investment Research)
Dividend History for Marvell Technology Group (NASDAQ:MRVL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/18/2016quarterly$0.066/10/20166/14/20167/12/2016Tweet This Announcement  Share This Announcement on StockTwits
3/16/2016quarterly$0.063/24/20163/29/20164/22/2016Tweet This Announcement  Share This Announcement on StockTwits
12/7/2015Quarterly$0.0612/14/201512/16/201512/29/2015Tweet This Announcement  Share This Announcement on StockTwits
9/28/2015quarterly$0.0610/6/201510/8/201510/22/2015Tweet This Announcement  Share This Announcement on StockTwits
5/27/2015quarterly$0.061.73%6/9/20156/11/20157/1/2015Tweet This Announcement  Share This Announcement on StockTwits
2/20/2015quarterly$0.061.47%3/10/20153/12/20154/2/2015Tweet This Announcement  Share This Announcement on StockTwits
11/24/2014quarterly$0.061.73%12/9/201412/11/201412/29/2014Tweet This Announcement  Share This Announcement on StockTwits
8/21/2014quarterly$0.061.78%9/9/20149/11/201410/2/2014Tweet This Announcement  Share This Announcement on StockTwits
5/23/2014quarterly$0.061.51%6/10/20146/12/20147/2/2014Tweet This Announcement  Share This Announcement on StockTwits
2/21/2014quarterly$0.061.54%3/11/20143/13/20143/27/2014Tweet This Announcement  Share This Announcement on StockTwits
11/22/2013quarterly$0.061.65%12/10/201312/12/201312/23/2013Tweet This Announcement  Share This Announcement on StockTwits
8/23/2013quarterly$0.061.97%9/10/20139/12/201310/3/2013Tweet This Announcement  Share This Announcement on StockTwits
5/24/2013quarterly$0.062.12%6/11/20136/13/20137/3/2013Tweet This Announcement  Share This Announcement on StockTwits
2/25/2013quarterly$0.062.44%3/12/20133/14/20134/4/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Marvell Technology Group (NASDAQ:MRVL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/23/2015Zining WuCTOSell51,312$14.51$744,537.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/15/2014Michael RashkinCFOSell4,324$14.07$60,838.68View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/2/2014Zining WuInsiderSell17,398$16.23$282,369.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/10/2014Pantas SutardjaVPSell197,000$15.31$3,016,070.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/2/2014Pantas SutardjaVPSell120,000$14.18$1,701,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/19/2013Pantas SutardjaVPSell260,104$13.47$3,503,600.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2013Pantas SutardjaVPSell284,500$13.69$3,894,805.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2013Pantas SutardjaVPSell494,700$13.50$6,678,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/6/2013Pantas SutardjaVPSell199,086$14.21$2,829,012.06View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2013Brad FellerCFOSell40,000$14.07$562,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/3/2013Pantas SutardjaVPSell227,600$14.20$3,231,920.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/20/2013Pantas SutardjaVPSell18,900$12.73$240,597.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/18/2013Pantas SutardjaVPSell363,200$12.74$4,627,168.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/11/2013Pantas SutardjaVPSell376,742$12.81$4,826,065.02View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Marvell Technology Group (NASDAQ:MRVL)
DateHeadline
06/26/16 04:32 PMStock Sentiment Review for :Marvell Technology Group Ltd. (NASDAQ:MRVL) - Press Telegraph
06/23/16 07:58 AMAnalysts Actions to Focus: Symantec Corporation (NASDAQ:SYMC) , Marvell Technology Group Ltd. (NASDAQ:MRVL) - Street Updates
06/23/16 07:58 AMTech Stocks Analysis: Marvell Technology Group Ltd. (NASDAQ:MRVL), Flextronics International Ltd. (NASDAQ:FLEX) - share market updates (press release)
06/22/16 10:02 AMValuable Analysts Trends to Observe: Frontier Communications Corporation (NASDAQ:FTR) , Marvell Technology ... - Street Updates
06/22/16 10:02 AMMarvell Technology Group Ltd. Announces Appointment of Matthew J. Murphy as President and Chief Executive Officer - PR Newswire (press release)
06/22/16 10:02 AMMarvell Technology Group Ltd. (NASDAQ:MRVL) & MGT Capital Investments Inc. (NYSEMKT:MGT) Sizzling ... - Wall Street 24
06/22/16 10:02 AMTech Stocks Updates: Mobil'nye Telesistemy PAO (ADR) (NYSE:MBT), Marvell Technology Group Ltd. (NASDAQ:MRVL) - share market updates (press release)
06/22/16 10:02 AMMarvell Technology Group Ltd. (NASDAQ:MRVL) Analyst Rating Consensus - Trade Calls
06/22/16 10:02 AMMarvell Technology Group Ltd. (MRVL) Options Traders Eye Double-Digit Support - Schaeffers Research (blog)
06/21/16 04:54 PMMarvell Technology Group Ltd. (MRVL) Options Traders Eye Double-Digit Support
06/21/16 09:42 AMMarvell Technology Names Matthew Murphy As CEO And President
06/21/16 09:42 AMMarvell Technology Group Ltd. Announces Appointment of Matthew J. Murphy as President & CEO. South Carolina SC
06/21/16 07:53 AMResearch Report Initiated on Select Semiconductor Equities -
06/20/16 05:08 PMBRIEF-Marvell Technology appoints Matthew Murphy CEO
06/20/16 05:08 PMMarvell names new CEO, president
06/20/16 05:08 PMMarvell Technology Names New CEO
06/20/16 04:42 PM[$$] Marvell Technology Names New CEO - [at The Wall Street Journal] - Marvell Technology Group appointed Maxim Integrated veteran Matthew J. Murphy as its new chief executive, succeeding the husband-and-wife team that had led the chip maker for two decades until their dismissal ...
06/20/16 04:38 PMMarvell Tech names Matthew Murphy as CEO and president -
06/18/16 04:39 PMMarvell Technology Group Ltd. (NASDAQ:MRVL) Yearly Sales Projections At $2411.18 - Investor Newswire
06/17/16 05:06 PMStocks with Active Concerns- Pfizer (NYSE:PFE), Marvell Technology Group (NASDAQ:MRVL), Lions Gate ... - Seneca Globe
06/17/16 08:03 AMOverview of Analyst's Recommendations: Marvell Technology Group Ltd. (NASDAQ:MRVL) , SunPower Corporation ... - Street Updates
06/17/16 07:14 AMShow of support in Marvell Technology - [optionMONSTER] - Investors apparently believe that Marvell Technology is on solid ground. optionMONSTER's market scanners show that more than 23,000 July 10 puts were sold for $0.41 to $0.42 yesterday. This represents ...
06/16/16 05:26 PMPrice Target by Analysts: Ford Motor Co. (NYSE:F), Marvell Technology Group Ltd. (NASDAQ:MRVL) - Beacon Chronicle
06/16/16 09:33 AMActive Watchful Movers- Marvell Technology (NASDAQ:MRVL), Cypress Semiconductor (CY), Telefonaktiebolaget LM ... - Seneca Globe
06/16/16 09:33 AMTech Stocks Updates: Corning Incorporated (NYSE:GLW), Marvell Technology Group Ltd. (NASDAQ:MRVL) - share market updates (press release)
06/16/16 09:33 AMShares of Marvell Technology Group Ltd. (NASDAQ:MRVL) Sees Large Outflow of Money - Trade Calls
06/16/16 07:30 AMMarvell Technology Group Ltd. Announces Appointment of Willem Meintjes as Senior Vice President, Finance - [PR Newswire] - SANTA CLARA, Calif., June 16, 2016 /PRNewswire/ -- Marvell (MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the appointment of Willem Meintjes as Senior Vice President, Finance, effective immediately. In this role, Mr. Meintjes will lead the Company's Financial Planning and Analysis (FP&A) team with responsibility for building and managing financial plans along with strategic analysis and reporting. "We're very pleased to have Willem join the Marvell team," said David Eichler, Interim Chief Financial Officer at Marvell Technology Group.
06/15/16 05:15 PMPerformance report of the company: Marvell Technology Group Ltd. (NASDAQ:MRVL) - News Oracle
06/15/16 05:15 PMAnalyst Overview on these Stocks: Netflix, Inc. (NASDAQ:NFLX), Marvell Technology Group Ltd. (NASDAQ:MRVL) - Beacon Chronicle
06/15/16 05:15 PMMarvell Technology Group Ltd. Receives Supplemental Nasdaq Notification Related to the Late Filing of its Q1 2017 ... - PR Newswire (press release)
06/15/16 03:59 PMMarvell Technology Group Ltd. Receives Supplemental Nasdaq Notification Related to the Late Filing of its Q1 2017 Form 10-Q - [at noodls] - SANTA CLARA, Calif., June 15, 2016 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL) today announced that, as a result of the previously announced delayed filing of its Form 10-Q for the first ...
06/15/16 03:19 PM4:19 pm Marvell receives supplemental notice from Nasdaq regarding its continued listing rule requiring timely filing of all required periodic reports -
06/14/16 05:01 PMNotable Stock's Buzzers: Walt Disney Co (NYSE:DIS): Marvell Technology Group Ltd.(NASDAQ:MRVL) - NYSE Journal (press release)
06/13/16 08:12 AMTech Stock's Move to Focus: Micron Technology, Inc. (NASDAQ:MU), Marvell Technology Group Ltd. (NASDAQ:MRVL) - share market updates (press release)
06/13/16 08:12 AMEarnings Trend of the Stocks: Marvell Technology Group Ltd. (NASDAQ:MRVL), Alcoa Inc. (NYSE:AA) - Beacon Chronicle
06/13/16 07:14 AMMarvell Technology Group Ltd. breached its 50 day moving average in a Bearish Manner : MRVL-US : June 13, 2016 -
06/12/16 05:10 PMMarvell Technology Group Ltd. (NASDAQ:MRVL) Updated Analyst Coverage
06/12/16 01:44 PMShort Sellers Favor Marvell Technology, Qualcomm Among Semiconductor Stocks - [Benzinga] - Short interest moves in the leading semiconductor stocks were mixed in the most recent period. Two stocks in particular stood out among those that saw rising short interest. Shares of both of these stocks ...
06/10/16 05:33 PMOption Bulls Burned by Marvell Technology Group Ltd. (MRVL) Guidance - Schaeffers Research (blog)
06/10/16 10:25 AMMarvell (MRVL) Stock Down After Delaying Financial Filings - [at TheStreet] - Marvell (MRVL) stock is declining in late-morning trading after delaying filing its 10-Q form.
06/10/16 09:00 AMAs the Marvell Turns: Drops 5% on Another Delay in Financial Filings - [at Barrons.com] - Shares of chip maker Marvell Technology Group (MRVL) are down 48 cents, or almost 5%, at $9.72, after the company this morning filed a form 12b-25 with the Securities & Exchange Commission saying that it is unable to file its 10-Q form for the three months ended in April, its fiscal Q1, as it must still complete a review of its financial statements. The company’s review continues a review of last year’s results, as well, ending in January, after auditors PricewaterhouseCoopers resigned in October, being replace by Deloitte&Touche.
06/10/16 08:12 AMStock Performance to Track: Marvell Technology Group Ltd. (NASDAQ:MRVL) - News Oracle
06/10/16 08:12 AMAnalyst Recommendations on These Hot Stocks: Marvell Technology Group Ltd. (NASDAQ:MRVL), Superior Energy ... - Beacon Chronicle
06/10/16 07:58 AMMarvell Technology Stock Trades Ex-Dividend Friday (MRVL) - [at Investopedia] - Marvell will send its dividend payment on July 12 to shareholders of record as of June 14.
06/09/16 05:35 PMTech Stocks Review: Marvell Technology Group Ltd. (NASDAQ:MRVL), SouFun Holdings Ltd (NYSE:SFUN) - share market updates (press release)
06/09/16 08:10 AMEx-Dividend Reminder: State Auto Financial, CSRA and Marvell Technology Group - Nasdaq
06/09/16 08:10 AMEarnings Overview of the Stocks: Marvell Technology Group Ltd. (NASDAQ:MRVL), Tenaris S.A. (NYSE:TS) - Beacon Chronicle
06/08/16 05:42 PMHot Stock under Consideration: Marvell Technology Group Ltd. (NASDAQ:MRVL) - News Oracle
06/08/16 08:11 AMAnalyst Overview: KKR & Co. L.P. (NYSE:KKR), Marvell Technology Group Ltd. (NASDAQ:MRVL) - Beacon Chronicle
06/07/16 05:29 PMAnalyst Recommended These Stocks to Buy: Masco Corporation (NYSE:MAS), Marvell Technology Group Ltd ... - Beacon Chronicle
About Marvell Technology Group

Marvell Technology Group logoMarvell Technology Group Ltd. (Marvell) is a fabless semiconductor provider of application-specific standard products. The Company develops System-on-a-Chip (SoC) devices. Its product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers (PHY), mobile handsets, connectivity, Internet-of-Things (IoT) devices and other consumer electronics. Its products serve diverse applications used in carrier, metropolitan, enterprise and PC-client data communications, and storage systems. In addition, the Company serves the consumer electronics market for the convergence of voice video and data applications. As a fabless integrated circuit company, the Company relies on independent, third-party contractors to perform manufacturing, assembly and test functions. The Company's offers its products to three markets: mobile and wireless, storage, and networking.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Semiconductor - Integrated Circuits
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: MRVL
  • CUSIP: G5876H10
Key Metrics:
  • Previous Close: $9.78
  • 50 Day Moving Average: $9.96
  • 200 Day Moving Average: $9.50
  • P/E Ratio: N/A
  • P/E Growth: 1.67
  • Market Cap: $4.94B
  • Current Quarter EPS Consensus Estimate: $0.39 EPS
Additional Links:
Marvell Technology Group (NASDAQ:MRVL) Chart for Monday, June, 27, 2016


            As Featured by CNBC As Featured by The Wall Street Journal As Featured by MarketWatch As Featured by The Boston Globe As Featured by StockTwits As Featured by Seeking Alpha