UBS Group Has Lowered Expectations for Marvell Technology (NASDAQ:MRVL) Stock Price

Key Points

• UBS Group has lowered its target price for Marvell Technology's stock from $110.00 to $95.00, while maintaining a "buy" rating, indicating a potential upside of 46.42% from the last close.
• Other analysts have also adjusted their price targets for Marvell Technology, with Cantor Fitzgerald increasing theirs to $75.00 and Loop Capital cutting to $90.00, reflecting a range of outlooks among market experts.
• Marvell Technology's stock has traded down to $64.88, with a trading volume significantly higher than its daily average, indicating notable market activity.

Marvell Technology (NASDAQ:MRVL - Get Free Report) had its target price reduced by research analysts at UBS Group from $110.00 to $95.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the semiconductor company's stock. UBS Group's price target points to a potential upside of 46.42% from the company's previous close.

Other equities analysts have also issued research reports about the company. Cantor Fitzgerald lifted their price target on Marvell Technology from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Wednesday, June 18th. Loop Capital cut their price target on Marvell Technology from $110.00 to $90.00 and set a "buy" rating for the company in a research note on Friday, May 30th. Rosenblatt Securities cut their price target on Marvell Technology from $124.00 to $95.00 and set a "buy" rating for the company in a research note on Friday. Melius Research boosted their price objective on Marvell Technology from $67.00 to $76.00 and gave the stock a "hold" rating in a research note on Wednesday, June 18th. Finally, TD Cowen boosted their price objective on Marvell Technology from $60.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $91.94.

Marvell Technology Price Performance

Shares of Marvell Technology stock traded down $12.35 on Friday, hitting $64.88. The company's stock had a trading volume of 48,581,272 shares, compared to its average volume of 18,502,215. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.30. Marvell Technology has a 1 year low of $47.08 and a 1 year high of $127.48. The firm has a fifty day moving average price of $74.90 and a 200-day moving average price of $71.08. The company has a market capitalization of $56.05 billion, a price-to-earnings ratio of -113.69, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, meeting the consensus estimate of $0.67. Marvell Technology had a positive return on equity of 8.42% and a negative net margin of 7.56%.The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the previous year, the business earned $0.30 EPS. Marvell Technology's revenue for the quarter was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, sell-side analysts anticipate that Marvell Technology will post 0.91 earnings per share for the current fiscal year.

Insider Transactions at Marvell Technology

In other news, EVP Mark Casper sold 3,000 shares of the business's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $72.35, for a total transaction of $217,050.00. Following the transaction, the executive vice president directly owned 17,163 shares in the company, valued at $1,241,743.05. The trade was a 14.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 owned 29,572 shares in the company, valued at approximately $2,025,682. This represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,783 shares of company stock worth $407,716 in the last ninety days. Insiders own 0.19% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MRVL. Bank Pictet & Cie Europe AG lifted its holdings in Marvell Technology by 0.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 66,710 shares of the semiconductor company's stock valued at $7,368,000 after acquiring an additional 460 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Marvell Technology by 3.2% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 183,727 shares of the semiconductor company's stock worth $20,293,000 after purchasing an additional 5,727 shares in the last quarter. Keel Point LLC lifted its stake in Marvell Technology by 8.9% during the fourth quarter. Keel Point LLC now owns 3,373 shares of the semiconductor company's stock worth $373,000 after purchasing an additional 275 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Marvell Technology by 3.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 38,607 shares of the semiconductor company's stock worth $4,264,000 after purchasing an additional 1,362 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co acquired a new position in Marvell Technology during the fourth quarter worth $607,000. 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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