FY2026 EPS Estimates for MRVL Boosted by Cantor Fitzgerald

Key Points

• Investment firm Cantor Fitzgerald has increased its FY2026 earnings estimates for Marvell Technology, raising the forecast from $2.15 to $2.16 per share.
• The current consensus estimate for Marvell Technology's full-year earnings stands at $0.91 per share, with a market capitalization of $54.31 billion.
• The company's latest quarterly earnings report matched analyst expectations, with a reported $0.67 EPS and revenues of $2.01 billion, reflecting a 57.6% year-over-year increase.

Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) - Analysts at Cantor Fitzgerald raised their FY2026 earnings estimates for Marvell Technology in a report released on Friday, August 29th. Cantor Fitzgerald analyst C. Muse now anticipates that the semiconductor company will earn $2.16 per share for the year, up from their prior forecast of $2.15. Cantor Fitzgerald currently has a "Neutral" rating and a $75.00 target price on the stock. The consensus estimate for Marvell Technology's current full-year earnings is $0.91 per share.

A number of other analysts also recently issued reports on the stock. Melius Research increased their price target on shares of Marvell Technology from $67.00 to $76.00 and gave the stock a "hold" rating in a report on Wednesday, June 18th. Wells Fargo & Company cut their price objective on shares of Marvell Technology from $95.00 to $90.00 and set an "overweight" rating for the company in a research report on Friday, August 29th. Raymond James Financial restated an "outperform" rating and set a $90.00 price objective (down from $110.00) on shares of Marvell Technology in a research report on Friday, May 30th. Barclays reiterated an "overweight" rating and set a $80.00 price target on shares of Marvell Technology in a research report on Friday, August 29th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.50.

Marvell Technology Stock Performance

Shares of NASDAQ:MRVL traded down $2.72 during midday trading on Monday, reaching $61.88. The company's stock had a trading volume of 20,762,127 shares, compared to its average volume of 18,923,734. The firm has a market capitalization of $53.45 billion, a PE ratio of -476.56, a P/E/G ratio of 0.68 and a beta of 1.85. Marvell Technology has a twelve month low of $47.08 and a twelve month high of $127.48. The stock has a fifty day moving average of $74.32 and a 200 day moving average of $69.95. The company has a quick ratio of 0.94, a current ratio of 1.30 and a debt-to-equity ratio of 0.22.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting analysts' consensus estimates of $0.67. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.02%. The business's quarterly revenue was up 57.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MRVL. Hughes Financial Services LLC purchased a new stake in Marvell Technology in the 1st quarter valued at $26,000. Rossby Financial LCC purchased a new stake in Marvell Technology in the 1st quarter valued at $27,000. Financial Connections Group Inc. raised its position in Marvell Technology by 776.0% in the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 388 shares during the last quarter. Game Plan Financial Advisors LLC purchased a new stake in Marvell Technology in the 2nd quarter valued at $27,000. Finally, Vision Financial Markets LLC purchased a new stake in Marvell Technology in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 83.51% of the company's stock.

Insider Activity

In other news, CAO Panteha Dixon sold 1,283 shares of the company's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $68.50, for a total value of $87,885.50. Following the completion of the transaction, the chief accounting officer owned 29,572 shares in the company, valued at approximately $2,025,682. This represents a 4.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark Casper sold 3,000 shares of the company's stock in a transaction on Friday, July 18th. The shares were sold at an average price of $72.35, for a total transaction of $217,050.00. Following the completion of the transaction, the executive vice president owned 17,163 shares of the company's stock, valued at approximately $1,241,743.05. The trade was a 14.88% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,783 shares of company stock worth $407,716. Corporate insiders own 0.33% of the company's stock.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Friday, July 11th were issued a $0.06 dividend. The ex-dividend date was Friday, July 11th. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Marvell Technology's dividend payout ratio is presently -184.62%.

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.