Q2 EPS Estimate for Marvell Technology Increased by Analyst

Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) - Analysts at Zacks Research increased their Q2 2026 EPS estimates for Marvell Technology in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.46. The consensus estimate for Marvell Technology's current full-year earnings is $0.91 per share. Zacks Research also issued estimates for Marvell Technology's Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $2.16 EPS, Q2 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.77 EPS and FY2027 earnings at $2.78 EPS.

Several other analysts also recently issued reports on MRVL. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Marvell Technology from $100.00 to $85.00 and set a "buy" rating for the company in a report on Friday, May 30th. China Renaissance began coverage on shares of Marvell Technology in a report on Thursday, June 5th. They set a "buy" rating and a $110.00 price objective for the company. Barclays decreased their price objective on shares of Marvell Technology from $130.00 to $80.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Roth Capital set a $100.00 price objective on shares of Marvell Technology in a report on Thursday, March 6th. Finally, Melius downgraded shares of Marvell Technology from a "buy" rating to a "hold" rating and set a $66.00 price objective for the company. in a report on Thursday, May 22nd. Seven research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Marvell Technology has an average rating of "Moderate Buy" and an average target price of $94.73.

Marvell Technology Price Performance

NASDAQ MRVL opened at $67.19 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. The company has a fifty day simple moving average of $60.30 and a 200 day simple moving average of $85.13. The company has a market cap of $58.04 billion, a P/E ratio of -39.52, a P/E/G ratio of 1.61 and a beta of 1.76. Marvell Technology has a 1 year low of $47.09 and a 1 year high of $127.48.

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

Institutional Investors Weigh In On Marvell Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Intrepid Financial Planning Group LLC increased its position in Marvell Technology by 0.3% in the 4th quarter. Intrepid Financial Planning Group LLC now owns 25,890 shares of the semiconductor company's stock valued at $2,860,000 after acquiring an additional 90 shares in the last quarter. PDS Planning Inc increased its position in Marvell Technology by 3.3% in the 4th quarter. PDS Planning Inc now owns 2,888 shares of the semiconductor company's stock valued at $319,000 after acquiring an additional 92 shares in the last quarter. Private Trust Co. NA increased its position in Marvell Technology by 2.7% in the 4th quarter. Private Trust Co. NA now owns 3,744 shares of the semiconductor company's stock valued at $414,000 after acquiring an additional 97 shares in the last quarter. Tradewinds LLC. increased its position in Marvell Technology by 0.7% in the 4th quarter. Tradewinds LLC. now owns 14,050 shares of the semiconductor company's stock valued at $1,552,000 after acquiring an additional 101 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its position in Marvell Technology by 19.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 693 shares of the semiconductor company's stock valued at $77,000 after acquiring an additional 112 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.

Insider Buying and Selling

In other Marvell Technology news, CFO Willem A. Meintjes sold 1,500 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $60.00, for a total value of $90,000.00. Following the completion of the sale, the chief financial officer now owns 124,348 shares in the company, valued at approximately $7,460,880. This trade represents a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark Casper sold 12,460 shares of the firm's stock in a transaction dated 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 24,611 shares of company stock worth $1,465,411 in the last quarter. 0.19% of the stock is owned by corporate insiders.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, July 11th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.36%. Marvell Technology's dividend payout ratio (DPR) is currently -42.11%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.