Marvell Technology, Inc. (NASDAQ:MRVL) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Marvell Technology, Inc. has an average consensus rating of “Moderate Buy” from 33 brokerages, with 22 buy ratings and one sell rating.
• Marvell's latest earnings report showed a revenue of $2.01 billion and an EPS of $0.67, meeting analysts' expectations.
• Significant insider sales occurred recently, including EVP Mark Casper selling 3,000 shares, reducing his ownership position by 14.88%.

Shares of Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) have received a consensus rating of "Moderate Buy" from the thirty-three ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $90.50.

A number of brokerages have recently commented on MRVL. B. Riley reiterated a "buy" rating and issued a $115.00 target price (up previously from $110.00) on shares of Marvell Technology in a report on Wednesday, June 18th. TD Cowen boosted their price objective on Marvell Technology from $60.00 to $70.00 and gave the company a "buy" rating in a report on Friday, May 30th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Marvell Technology from $100.00 to $85.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Loop Capital cut their price target on shares of Marvell Technology from $110.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Finally, Zacks Research cut shares of Marvell Technology from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 26th.

Marvell Technology Trading Up 1.1%

Shares of Marvell Technology stock traded up $0.76 on Friday, reaching $67.35. The company had a trading volume of 14,848,046 shares, compared to its average volume of 22,773,116. The firm has a market cap of $58.06 billion, a price-to-earnings ratio of -518.08, a P/E/G ratio of 0.80 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 1.44. The firm's 50-day moving average price is $72.57 and its two-hundred day moving average price is $68.05. Marvell Technology has a 1 year low of $47.08 and a 1 year high of $127.48.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting analysts' consensus estimates of $0.67. The firm had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $2.01 billion. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The company's quarterly revenue was up 57.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, research analysts predict that Marvell Technology will post 0.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Marvell Technology news, EVP Mark Casper sold 3,000 shares of the company's stock in a transaction on Friday, July 18th. The stock was sold at an average price of $72.35, for a total value of $217,050.00. Following the completion of the sale, the executive vice president directly owned 17,163 shares in the company, valued at approximately $1,241,743.05. This represents a 14.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Willem A. Meintjes sold 1,500 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $68.52, for a total value of $102,780.00. Following the completion of the sale, the chief financial officer owned 121,348 shares of the company's stock, valued at $8,314,764.96. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,783 shares of company stock worth $407,716. 0.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MRVL. Valeo Financial Advisors LLC lifted its position in shares of Marvell Technology by 52.7% during the second quarter. Valeo Financial Advisors LLC now owns 13,061 shares of the semiconductor company's stock valued at $1,011,000 after buying an additional 4,508 shares during the last quarter. Centaurus Financial Inc. lifted its position in shares of Marvell Technology by 24.9% during the second quarter. Centaurus Financial Inc. now owns 16,726 shares of the semiconductor company's stock valued at $1,295,000 after buying an additional 3,332 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Marvell Technology by 55.5% during the second quarter. Thrivent Financial for Lutherans now owns 265,181 shares of the semiconductor company's stock valued at $20,515,000 after buying an additional 94,634 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Marvell Technology during the second quarter valued at about $227,000. Finally, Stance Capital LLC purchased a new stake in shares of Marvell Technology during the second quarter valued at about $1,483,000. 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.