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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:MRVL

Marvell Technology Stock Forecast, Price & News

$48.22
+1.96 (+4.24%)
(As of 06/24/2022 04:00 PM ET)
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Today's Range
$46.88
$49.05
50-Day Range
$45.04
$63.77
52-Week Range
$43.68
$93.85
Volume
20.04 million shs
Average Volume
9.70 million shs
Market Capitalization
$40.98 billion
P/E Ratio
N/A
Dividend Yield
0.50%
Price Target
$87.77
30 days | 90 days | 365 days | Advanced Chart

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MRVL Stock Forecast (MarketRank)

Overall MarketRank

2.83 out of 5 stars

Business Services Sector

25th out of 469 stocks

Semiconductors & Related Devices Industry

17th out of 122 stocks

Analyst Opinion: 4.4Community Rank: 4.5Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
Marvell Technology logo

About Marvell Technology (NASDAQ:MRVL)

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

MRVL Stock News Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MRVL
CUSIP
G5876H10
Employees
6,729
Year Founded
1995

Company Calendar

Ex-Dividend for 4/27 Dividend
4/07/2022
Dividend Payable
4/27/2022
Last Earnings
5/26/2022
Today
6/26/2022
Ex-Dividend for 7/27 Dividend
7/07/2022
Dividend Payable
7/27/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
1/31/2023

Price Target and Rating

Average Stock Price Forecast
$87.77
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+82.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86206896551724
Research Coverage
29 Analysts

Profitability

Net Income
$-421.03 million
Pretax Margin
-6.47%

Debt

Sales & Book Value

Annual Sales
$4.46 billion
Cash Flow
$2.71 per share
Book Value
$18.20 per share

Miscellaneous

Free Float
846,075,000
Market Cap
$40.98 billion
Optionable
Optionable
Beta
1.27

Social Links















Marvell Technology Frequently Asked Questions

Should I buy or sell Marvell Technology stock right now?

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 4 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Marvell Technology stock.
View analyst ratings for Marvell Technology
or view top-rated stocks.

What is Marvell Technology's stock price forecast for 2022?

29 equities research analysts have issued 12-month target prices for Marvell Technology's stock. Their MRVL stock forecasts range from $62.00 to $125.00. On average, they expect Marvell Technology's share price to reach $87.77 in the next year. This suggests a possible upside of 82.0% from the stock's current price.
View analysts' price targets for Marvell Technology
or view top-rated stocks among Wall Street analysts.

How has Marvell Technology's stock price performed in 2022?

Marvell Technology's stock was trading at $87.49 on January 1st, 2022. Since then, MRVL shares have decreased by 44.9% and is now trading at $48.22.
View the best growth stocks for 2022 here
.

Are investors shorting Marvell Technology?

Marvell Technology saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 16,700,000 shares, an increase of 24.3% from the May 15th total of 13,440,000 shares. Based on an average daily volume of 9,950,000 shares, the days-to-cover ratio is currently 1.7 days.
View Marvell Technology's Short Interest
.

When is Marvell Technology's next earnings date?

Marvell Technology is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Marvell Technology
.

How were Marvell Technology's earnings last quarter?

Marvell Technology, Inc. (NASDAQ:MRVL) released its earnings results on Thursday, May, 26th. The semiconductor company reported $0.37 earnings per share for the quarter, meeting the consensus estimate of $0.37. The semiconductor company earned $1.45 billion during the quarter, compared to analyst estimates of $1.43 billion. Marvell Technology had a negative net margin of 9.82% and a positive trailing twelve-month return on equity of 6.92%. Marvell Technology's quarterly revenue was up 73.8% on a year-over-year basis. During the same period last year, the business posted $0.15 earnings per share.
View Marvell Technology's earnings history
.

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

Marvell Technology announced a quarterly dividend on Thursday, June 2nd. Shareholders of record on Friday, July 8th will be given a dividend of $0.06 per share on Wednesday, July 27th. This represents a $0.24 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, July 7th.
View Marvell Technology's dividend history
.

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 0.50%.
View Marvell Technology's dividend history.

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

Marvell Technology issued an update on its second quarter 2023 earnings guidance on Thursday, June, 23rd. The company provided earnings per share (EPS) guidance of $0.53-$0.59 for the period, compared to the consensus EPS estimate of $0.55. The company issued revenue guidance of $1.47 billion-$1.56 billion, compared to the consensus revenue estimate of $1.49 billion.

Who are Marvell Technology's key executives?

Marvell Technology's management team includes the following people:

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

247 employees have rated Marvell Technology CEO Matt Murphy on Glassdoor.com. Matt Murphy has an approval rating of 89% among Marvell Technology'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 Square (SQ).

What is Marvell Technology's stock symbol?

Marvell Technology trades on the NASDAQ under the ticker symbol "MRVL."

Who are Marvell Technology's major shareholders?

Marvell Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.31%), Vanguard Group Inc. (7.59%), Wellington Management Group LLP (2.70%), State Street Corp (2.19%), Goldman Sachs Group Inc. (1.60%) and Brown Advisory Inc. (1.47%). Company insiders that own Marvell Technology stock include Andrew Micallef, 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, Oleg Khaykin, Richard Hill, Willem A Meintjes and Willem A Meintjes.
View institutional ownership trends for Marvell Technology
.

Which institutional investors are selling Marvell Technology stock?

MRVL stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Goldman Sachs Group Inc., First Trust Advisors LP, Healthcare of Ontario Pension Plan Trust Fund, American Century Companies Inc., Bank of Nova Scotia, Canada Pension Plan Investment Board, and PEAK6 Investments LLC. Company insiders that have sold Marvell Technology company stock in the last two years include Andrew Micallef, Chris Koopmans, Dan Christman, Dean E Jr Jarnac, Ford Tamer, Jean X Hu, Loi Nguyen, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Muhammad Raghib Hussain, and Willem A Meintjes.
View insider buying and selling activity for Marvell Technology
or view top insider-selling stocks.

Which institutional investors are buying Marvell Technology stock?

MRVL stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Vanguard Group Inc., Van ECK Associates Corp, Carmignac Gestion, Ceredex Value Advisors LLC, Robeco Schweiz AG, abrdn plc, and Swiss National Bank.
View insider buying and selling activity for Marvell Technology
or or view top insider-buying stocks.

How do I buy shares of Marvell Technology?

Shares of MRVL 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.

What is Marvell Technology's stock price today?

One share of MRVL stock can currently be purchased for approximately $48.22.

How much money does Marvell Technology make?

Marvell Technology (NASDAQ:MRVL) has a market capitalization of $40.98 billion and generates $4.46 billion in revenue each year. The semiconductor company earns $-421.03 million in net income (profit) each year or ($0.610010) on an earnings per share basis.

How many employees does Marvell Technology have?

Marvell Technology employs 6,729 workers across the globe.

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

When was Marvell Technology founded?

Marvell Technology was founded in 1995.

How can I contact Marvell Technology?

Marvell Technology's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The official website for Marvell Technology is www.marvell.com. The semiconductor company can be reached via phone at (302) 295-4840, via email at [email protected], or via fax at 441-295-3328.

This page (NASDAQ:MRVL) was last updated on 6/26/2022 by MarketBeat.com Staff

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