Cantor Fitzgerald Weighs in on MRVL FY2026 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for shares of Marvell Technology in a report issued on Monday, June 9th. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings of $2.09 per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $60.00 target price on the stock. The consensus estimate for Marvell Technology's current full-year earnings is $0.91 per share.

MRVL has been the topic of several other research reports. UBS Group reiterated a "buy" rating on shares of Marvell Technology in a research report on Monday, June 2nd. Melius lowered shares of Marvell Technology from a "buy" rating to a "hold" rating and set a $66.00 price objective for the company. in a research note on Thursday, May 22nd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Marvell Technology from $100.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Wells Fargo & Company cut their price target on shares of Marvell Technology from $120.00 to $95.00 and set an "overweight" rating on the stock in a report on Friday, May 30th. Finally, Evercore ISI dropped their price objective on shares of Marvell Technology from $135.00 to $133.00 and set an "outperform" rating on the stock in a research note on Friday, May 30th. Seven research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $94.73.

Marvell Technology Stock Performance

Shares of NASDAQ MRVL traded down $0.60 during trading on Tuesday, reaching $68.24. 13,859,792 shares of the company traded hands, compared to its average volume of 14,737,422. The firm has a 50 day simple moving average of $59.59 and a 200-day simple moving average of $85.54. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $58.95 billion, a PE ratio of -40.14, a P/E/G ratio of 1.61 and a beta of 1.76. Marvell Technology has a 52-week low of $47.09 and a 52-week high of $127.48.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.01. Marvell Technology had a negative net margin of 27.49% and a positive return on equity of 4.59%. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the previous year, the firm earned $0.24 EPS. The company's quarterly revenue was up 63.3% compared to the same quarter last year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Friday, April 11th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.35%. Marvell Technology's payout ratio is -42.11%.

Insider Activity

In other news, EVP Mark Casper sold 626 shares of the stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $61.10, for a total value of $38,248.60. Following the completion of the sale, the executive vice president now owns 626 shares of the company's stock, valued at approximately $38,248.60. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Chris Koopmans sold 6,000 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $68.83, for a total value of $412,980.00. Following the completion of the transaction, the chief operating officer now owns 81,931 shares in the company, valued at approximately $5,639,310.73. The trade was a 6.82% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 33,541 shares of company stock worth $2,079,948. 0.19% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marvell Technology

A number of large investors have recently made changes to their positions in the stock. Union Bancaire Privee UBP SA purchased a new position in Marvell Technology during the 4th quarter valued at about $16,699,000. Yousif Capital Management LLC lifted its holdings in shares of Marvell Technology by 1.1% during the 4th quarter. Yousif Capital Management LLC now owns 13,893 shares of the semiconductor company's stock valued at $1,534,000 after buying an additional 146 shares during the period. Kingsview Wealth Management LLC raised its holdings in Marvell Technology by 5.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 7,584 shares of the semiconductor company's stock worth $838,000 after purchasing an additional 403 shares during the period. Empowered Funds LLC raised its holdings in Marvell Technology by 15.9% in the 4th quarter. Empowered Funds LLC now owns 47,636 shares of the semiconductor company's stock worth $5,261,000 after purchasing an additional 6,536 shares during the period. Finally, Quotient Wealth Partners LLC purchased a new position in Marvell Technology in the 4th quarter worth approximately $282,000. 83.51% of the stock is owned by institutional investors.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.