Marvell Technology (NASDAQ:MRVL) Issues Q2 2026 Earnings Guidance

Marvell Technology (NASDAQ:MRVL - Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.620-0.720 for the period, compared to the consensus estimate of 0.670. The company issued revenue guidance of $1.9 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.

Marvell Technology Stock Down 1.3%

MRVL traded down $0.86 during midday trading on Thursday, reaching $63.73. The company's stock had a trading volume of 36,918,648 shares, compared to its average volume of 14,378,909. Marvell Technology has a 1 year low of $47.09 and a 1 year high of $127.48. The stock's 50-day moving average is $59.14 and its 200-day moving average is $87.29. The firm has a market capitalization of $55.05 billion, a price-to-earnings ratio of -37.49, a PEG ratio of 1.61 and a beta of 1.83. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its earnings results on Thursday, May 29th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.14). Marvell Technology had a positive return on equity of 4.59% and a negative net margin of 27.49%. As a group, research analysts expect that Marvell Technology will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Friday, April 11th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Friday, April 11th. Marvell Technology's payout ratio is currently -23.53%.

Analysts Set New Price Targets

A number of analysts have commented on MRVL shares. Wells Fargo & Company reaffirmed an "overweight" rating on shares of Marvell Technology in a report on Thursday, March 6th. KeyCorp reduced their price objective on Marvell Technology from $135.00 to $115.00 and set an "overweight" rating for the company in a research note on Thursday, March 6th. Stifel Nicolaus lowered their target price on Marvell Technology from $115.00 to $80.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Roth Capital set a $100.00 price target on Marvell Technology in a research report on Thursday, March 6th. Finally, Citigroup lowered their price objective on Marvell Technology from $122.00 to $96.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Marvell Technology currently has a consensus rating of "Moderate Buy" and a consensus target price of $101.93.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, Director Brad W. Buss acquired 3,000 shares of Marvell Technology stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average price of $69.00 per share, with a total value of $207,000.00. Following the completion of the purchase, the director now directly owns 87,113 shares of the company's stock, valued at approximately $6,010,797. This represents a 3.57% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark Casper sold 12,460 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $55.00, for a total transaction of $685,300.00. The disclosure for this sale can be found here. Insiders sold a total of 33,541 shares of company stock valued at $2,079,948 in the last ninety days. Corporate insiders own 0.33% of the company's stock.

Institutional Trading of Marvell Technology

A hedge fund recently raised its stake in Marvell Technology stock. Intech Investment Management LLC grew its position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,784 shares of the semiconductor company's stock after acquiring an additional 1,085 shares during the quarter. Intech Investment Management LLC's holdings in Marvell Technology were worth $1,772,000 as of its most recent SEC filing. Institutional investors and hedge funds own 83.51% of the company's stock.

About Marvell Technology

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.

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