Marvell Technology (NASDAQ:MRVL) Issues Q3 2026 Earnings Guidance

Key Points

• Marvell Technology has issued Q3 2026 earnings guidance with an EPS forecast of 0.690-0.790, exceeding the consensus estimate of 0.660, alongside revenue guidance of $2.0 billion-$2.2 billion.
• The company's stock recently increased by 3.3% to reach $77.23, with a notable trading volume of over 32 million shares.
• Marvell Technology's quarterly dividend has been set at $0.06 per share, reflecting a 0.3% dividend yield and a negative payout ratio of -42.11%.

Marvell Technology (NASDAQ:MRVL - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.690-0.790 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Analyst Ratings Changes

Several research firms have issued reports on MRVL. Benchmark reissued a "buy" rating and set a $95.00 price target on shares of Marvell Technology in a research note on Wednesday, June 18th. Wall Street Zen lowered shares of Marvell Technology from a "buy" rating to a "hold" rating in a report on Sunday, August 17th. Melius Research boosted their target price on shares of Marvell Technology from $67.00 to $76.00 and gave the company a "hold" rating in a report on Wednesday, June 18th. Piper Sandler reiterated an "overweight" rating and issued a $85.00 target price (down previously from $95.00) on shares of Marvell Technology in a report on Friday, May 30th. Finally, China Renaissance began coverage on Marvell Technology in a research note on Thursday, June 5th. They issued a "buy" rating and a $110.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $94.70.

Marvell Technology Trading Up 3.3%

Shares of MRVL stock traded up $2.44 during trading hours on Thursday, reaching $77.23. 32,203,259 shares of the stock traded hands, compared to its average volume of 18,305,039. The business has a fifty day moving average price of $74.86 and a 200 day moving average price of $71.32. 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 has a 1-year low of $47.08 and a 1-year high of $127.48. The firm has a market capitalization of $66.71 billion, a PE ratio of -135.49, a PEG ratio of 0.81 and a beta of 1.83.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.17). Marvell Technology had a negative net margin of 7.56% and a positive return on equity of 8.42%. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts forecast that Marvell Technology will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, July 11th. Marvell Technology's dividend payout ratio is currently -42.11%.

Insiders Place Their Bets

In other news, CAO Panteha Dixon sold 1,283 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $68.50, for a total value of $87,885.50. Following the transaction, the chief accounting officer directly owned 29,572 shares of the company's stock, valued at $2,025,682. The trade was a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the business'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 transaction, the chief financial officer directly owned 121,348 shares in the company, valued at approximately $8,314,764.96. This represents a 1.22% 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. 0.19% of the stock is currently owned by company insiders.

Institutional Trading of Marvell Technology

Hedge funds have recently bought and sold shares of the stock. Gallagher Fiduciary Advisors LLC raised its stake in shares of Marvell Technology by 4.6% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the semiconductor company's stock worth $273,000 after purchasing an additional 156 shares in the last quarter. E Fund Management Co. Ltd. raised its position in Marvell Technology by 1.7% during the second quarter. E Fund Management Co. Ltd. now owns 22,497 shares of the semiconductor company's stock worth $1,741,000 after acquiring an additional 384 shares in the last quarter. Keel Point LLC lifted its stake in Marvell Technology by 19.8% in the second quarter. Keel Point LLC now owns 6,318 shares of the semiconductor company's stock valued at $489,000 after acquiring an additional 1,046 shares during the last quarter. Intech Investment Management LLC grew its position in shares of Marvell Technology by 3.9% in the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock valued at $1,772,000 after acquiring an additional 1,085 shares during the period. Finally, IHT Wealth Management LLC lifted its stake in Marvell Technology by 10.7% in the 2nd quarter. IHT Wealth Management LLC now owns 14,697 shares of the semiconductor company's stock valued at $1,138,000 after purchasing an additional 1,417 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

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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