S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
Consumer product agency issues warning on small magnetic balls linked to deaths

Marvell Technology Stock Price, News & Analysis (NASDAQ:MRVL)

$52.88
+0.69 (+1.32%)
(As of 12/8/2023 ET)
Compare
Today's Range
$51.66
$53.12
50-Day Range
$46.63
$57.17
52-Week Range
$33.75
$67.99
Volume
7.09 million shs
Average Volume
9.75 million shs
Market Capitalization
$45.71 billion
P/E Ratio
N/A
Dividend Yield
0.45%
Price Target
$67.96

Marvell Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.95 Rating Score
Upside/​Downside
28.5% Upside
$67.96 Price Target
Short Interest
Healthy
1.80% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
0.43mentions of Marvell Technology in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$5.57 M Sold Last Quarter
Proj. Earnings Growth
55.81%
From $0.86 to $1.34 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Business Services Sector

8th out of 292 stocks

Semiconductors & Related Devices Industry

2nd out of 87 stocks


MRVL stock logo

About Marvell Technology Stock (NASDAQ:MRVL)

Marvell Technology, Inc. is a global semiconductor company founded in 1995 that designs and develops integrated circuits for various applications, including cloud computing, wireless communications, and storage solutions. The company aims to "empower the world's leading innovators to make lives better and the world safer."

Marvell's products and services cater to diverse customers, including some of the world's leading technology companies, such as Microsoft, Samsung, and Western Digital. The company has operations in over 20 countries and employs approximately 5,000 people.

Marvell's management team is led by Chief Executive Officer Matt Murphy, who joined the company in 2016. Murphy has over 25 years of experience in the semiconductor industry and has played a key role in driving Marvell's growth and transformation. A team of experienced executives with diverse engineering, operations, and finance backgrounds supports him.

Marvell reported revenue that has been increasing quite rapidly over the recent past. The company reported a net loss for the past several years, but that net loss has been reducing yearly as Marvell moves toward profitability. Marvell's gross margin is approximately 60%, consistent with the company's historical margin performance.

Marvell has a market capitalization of approximately $30 billion and trades at a forward price-to-earnings ratio that compares favorably to the semiconductor industry average forward P/E ratio. Marvell's price-to-sales ratio is also lower than the industry average. The company's valuation is driven by its strong financial performance, robust growth prospects, and ability to innovate and adapt to changing market conditions.

Marvell's stock has been volatile recently due to downgraded analyst ratings and uncertainty in the semiconductor market. The company's share price has paralleled the benchmark Philadelphia Semiconductor Index over the same period, indicating that this is a sector-wide problem, not a problem with Marvell directly. 

The semiconductor industry has experienced significant growth over the past decade, driven by the proliferation of connected devices, cloud computing, and artificial intelligence. The industry is highly competitive, with prominent players like Intel and Broadcom dominating the market. However, Marvell has carved out a niche by focusing on high-growth markets such as 5G wireless, cloud computing, and automotive applications.

Marvell's competitive advantages include its strong engineering capabilities, innovative product portfolio, and strategic partnerships with leading technology companies. The company has also made significant investments in research and development to stay ahead of emerging technologies and market trends.

Marvell has several growth opportunities, including expanding its presence in the 5G wireless market, developing new products for cloud computing and artificial intelligence, and expanding into new geographic markets. The company has also made strategic acquisitions, such as acquiring Inphi Corporation, to expand its product portfolio and gain access to new customers and markets.

The semiconductor industry is subject to rapid technological change and evolving market conditions, making it challenging for companies to stay competitive. Marvell faces several risks and challenges, including increased competition, supply chain disruptions, and regulatory changes. The company's risk management strategies include diversification of its product portfolio, strategic partnerships, and investments in research and development to stay ahead of emerging technologies and market trends.

MRVL Stock Price History

MRVL Stock News Headlines

Marvell Technology at a critical pivot: 30% upside is possible
Marvell Technology is an AI company at an inflection point; legacy weakness is offset by AI strength that has growth back in the forecast.
Marvell (MRVL) Introduces OCTEON 10 CN102 and CN103 DPUs
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Marvell Technology (NASDAQ:MRVL) PT Lowered to $70.00
Analysts’ Top Technology Picks: Marvell (MRVL), UiPath (PATH)
See More Headlines
Receive MRVL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marvell Technology and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/25 Dividend
10/05/2023
Dividend Payable
10/25/2023
Last Earnings
11/30/2023
Today
12/09/2023
Dividend Payable
1/31/2024
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
3/07/2024
Ex-Dividend for 1/31 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MRVL
CUSIP
G5876H10
Employees
7,448
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$67.96
High Stock Price Target
$100.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+28.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.95
Research Coverage
20 Analysts

Profitability

Net Income
$-163,500,000.00
Pretax Margin
-12.63%

Debt

Sales & Book Value

Annual Sales
$5.92 billion
Cash Flow
$3.22 per share
Book Value
$17.62 per share

Miscellaneous

Free Float
860,610,000
Market Cap
$45.71 billion
Optionable
Optionable
Beta
1.44

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Should I Buy Marvell Technology Stock? MRVL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Marvell Technology was last updated on Tuesday, November 28, 2023 at 9:22 AM.

Pros

Here are some ways that investors could benefit from investing in Marvell Technology, Inc.:

  • Marvell Technology, Inc. provides data infrastructure semiconductor solutions, spanning the data center core to network edge. This positions the company to benefit from the increasing demand for data storage and processing capabilities.
  • The company develops complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. This expertise allows Marvell Technology to offer innovative and competitive semiconductor solutions.
  • Marvell Technology offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches. With the growing adoption of Ethernet in various industries, the demand for these solutions is expected to increase.
  • The company has a strong presence in multiple countries, including the United States, China, and Taiwan. This global presence provides Marvell Technology with access to diverse markets and potential growth opportunities.
  • Marvell Technology has received positive analyst ratings, with a consensus rating of "Moderate Buy" and a consensus target price of $66.11. This indicates that analysts believe in the company's growth potential.

Cons

Investors should be bearish about investing in Marvell Technology, Inc. for these reasons:

  • The semiconductor industry is highly competitive, with many players vying for market share. Marvell Technology faces the risk of increased competition, which could impact its market position and profitability.
  • The company's financial performance is subject to fluctuations in the global economy and the semiconductor market. Economic downturns or market downturns could negatively affect Marvell Technology's revenue and profitability.
  • Investing in semiconductor companies involves risks associated with technological advancements and obsolescence. Marvell Technology needs to continuously innovate and adapt to changing market trends to remain competitive.
  • The stock price of Marvell Technology is subject to market volatility and investor sentiment. Investors should carefully consider their risk tolerance and investment goals before investing in the company.
  • Investing in Marvell Technology involves financial terms such as target price, consensus rating, and semiconductor industry dynamics. Investors should conduct thorough research and seek professional advice to make informed investment decisions.














MRVL Stock Analysis - Frequently Asked Questions

Should I buy or sell Marvell Technology stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 1 hold rating and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MRVL shares.
View MRVL analyst ratings
or view top-rated stocks.

What is Marvell Technology's stock price target for 2024?

20 Wall Street research analysts have issued twelve-month price targets for Marvell Technology's stock. Their MRVL share price targets range from $46.00 to $100.00. On average, they predict the company's stock price to reach $67.96 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price.
View analysts price targets for MRVL
or view top-rated stocks among Wall Street analysts.

How have MRVL shares performed in 2023?

Marvell Technology's stock was trading at $37.04 at the beginning of the year. Since then, MRVL stock has increased by 42.8% and is now trading at $52.88.
View the best growth stocks for 2023 here
.

When is Marvell Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our MRVL earnings forecast
.

How were Marvell Technology's earnings last quarter?

Marvell Technology, Inc. (NASDAQ:MRVL) issued its quarterly earnings data on Thursday, November, 30th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The semiconductor company earned $1.42 billion during the quarter, compared to analysts' expectations of $1.40 billion. Marvell Technology had a negative net margin of 10.11% and a positive trailing twelve-month return on equity of 5.20%. Marvell Technology's quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 EPS.

How often does Marvell Technology pay dividends? What is the dividend yield for Marvell Technology?

Marvell Technology declared a quarterly dividend on Friday, December 8th. Investors of record on Friday, January 5th will be given a dividend of $0.06 per share on Wednesday, January 31st. This represents a $0.24 annualized dividend and a dividend yield of 0.45%.
Read our dividend analysis for MRVL
.

Is Marvell Technology a good dividend stock?

Marvell Technology (NASDAQ:MRVL) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.46%.
Read our dividend analysis for MRVL.

What guidance has Marvell Technology issued on next quarter's earnings?

Marvell Technology issued an update on its fourth quarter earnings guidance on Thursday, November, 30th. The company provided EPS guidance of $0.41-0.51 for the period, compared to the consensus earnings per share estimate of $0.49. The company issued revenue guidance of $1.349-1.491 billion, compared to the consensus revenue estimate of $1.46 billion.

What is Matt Murphy's approval rating as Marvell Technology's CEO?

247 employees have rated Marvell Technology Chief Executive Officer Matt Murphy on Glassdoor.com. Matt Murphy has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Marvell Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Intel (INTC), Salesforce (CRM), Walt Disney (DIS), Cisco Systems (CSCO) and Block (SQ).

Who are Marvell Technology's major shareholders?

Marvell Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), Ameriprise Financial Inc. (1.71%), Matrix Capital Management Company LP (1.53%), Brown Advisory Inc. (1.36%), Invesco Ltd. (0.96%) and Massachusetts Financial Services Co. MA (0.82%). Insiders that own company stock include Chris Koopmans, Dan Christman, Dean E Jr Jarnac, Edward H Frank, Ford Tamer, Jean X Hu, Loi Nguyen, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Muhammad Raghib Hussain, Nariman Yousefi, Sandeep Bharathi, Willem A Meintjes and Willem A Meintjes.
View institutional ownership trends
.

How do I buy shares of Marvell Technology?

Shares of MRVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Marvell Technology have any subsidiaries?
The following companies are subsidiares of Marvell Technology: Aquantia, Aquantia (Cayman) Ltd., Aquantia B.V., Aquantia C.V., Aquantia Corp., Aquantia Czech s.r.o , Aquantia Japan G.K., Aquantia LLC, Aquantia Rus LLC, Aquantia Semiconductor India Pvt Ltd, Aquantia Technology B.V., Avago - Printer ASICs, Avera, Avera Semiconductor LLC, Cavium, Cavium India Holdings LLC, Cavium International, Cavium LLC, Cavium Networks (India) Private Limited, Cavium Networks Asia, Cavium Networks International, Cavium Networks International Inc., Cavium Networks LLC, Cavium Networks Singapore Pte. Ltd., Cavium Semiconductor Technology (Shanghai) Co. Ltd., Cavium Taiwan Ltd., Cavium UK Ltd., Diseño de Sistemas en Silicio, Galileo Technology, Iamba Networks, Inphi, Kinoma Inc., Marvell Asia Pte Ltd, Marvell Hong Kong Limited, Marvell India Private Limited, Marvell International Ltd., Marvell International Technology Ltd., Marvell Israel (M.I.S.L) Ltd., Marvell Italia S.r.l., Marvell Japan K.K., Marvell Netherlands B.V., Marvell Semiconductor Canada Inc., Marvell Semiconductor Germany GmbH, Marvell Semiconductor Inc., Marvell Semiconductor Korea Ltd., Marvell Semiconductor Ltd., Marvell Semiconductor Sdn. Bhd., Marvell Semiconductor Technology S.a.r.l., Marvell Software Solutions Israel, Marvell Switzerland S.a.r.l., Marvell Taiwan Ltd., Marvell Technology (Beijing) Ltd., Marvell Technology (Chengdu) Ltd., Marvell Technology (Nanjing) Ltd., Marvell Technology (Shanghai) Ltd., Marvell Technology Denmark ApS, Marvell Technology Inc., Marvell Technology Japan Y.K., Marvell Technology Sweden AB, Marvell Technology Vietnam LLC, Marvell UK Limited, Marvell World Trade Ltd., NetXen Inc., PT. Marvell Technology Indonesia, PicoMobile Networks, QLGC Limited (Ireland), QLogic Hong Kong Ltd., QLogic India Pvt. Ltd., QLogic International Holdings Inc., QLogic International Ltd., QLogic LLC, QLogic Storage Network Infrastructure (Beijing) Co. Ltd., QLogic Switch Products LLC, SysKonnect, Utopia Capital Holdings Ltd., and Xelerated.
Read More
This page (NASDAQ:MRVL) was last updated on 12/9/2023 by MarketBeat.com Staff

My Account -