Marvell Technology (NASDAQ:MRVL) Updates Q4 Earnings Guidance

Marvell Technology (NASDAQ:MRVLGet Free Report) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.54-0.64 for the period, compared to the consensus earnings per share estimate of $0.52. The company issued revenue guidance of $1.71-1.89 billion, compared to the consensus revenue estimate of $1.65 billion. Marvell Technology also updated its Q4 2025 guidance to 0.540-0.640 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Roth Mkm reiterated a “buy” rating and issued a $95.00 target price on shares of Marvell Technology in a research note on Friday, August 30th. Needham & Company LLC upped their target price on shares of Marvell Technology from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday. Loop Capital assumed coverage on shares of Marvell Technology in a research note on Monday, November 11th. They issued a “hold” rating and a $95.00 target price on the stock. Evercore ISI upped their target price on shares of Marvell Technology from $98.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Morgan Stanley upped their target price on shares of Marvell Technology from $82.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.43.

Read Our Latest Research Report on MRVL

Marvell Technology Stock Performance

Shares of NASDAQ MRVL opened at $95.91 on Wednesday. The firm has a fifty day moving average price of $83.50 and a 200-day moving average price of $74.73. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 1.26. The stock has a market cap of $85.00 billion, a PE ratio of -86.41, a price-to-earnings-growth ratio of 4.19 and a beta of 1.46. Marvell Technology has a 1 year low of $50.35 and a 1 year high of $98.72.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 11th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.25%. Marvell Technology’s dividend payout ratio (DPR) is presently -21.62%.

Insider Transactions at Marvell Technology

In related news, insider Muhammad Raghib Hussain sold 150,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $80.50, for a total transaction of $12,075,000.00. Following the completion of the transaction, the insider now directly owns 694,487 shares of the company’s stock, valued at approximately $55,906,203.50. This trade represents a 17.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Willem A. Meintjes sold 1,500 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $73.87, for a total transaction of $110,805.00. Following the transaction, the chief financial officer now directly owns 111,753 shares of the company’s stock, valued at $8,255,194.11. The trade was a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 267,000 shares of company stock valued at $20,899,260 over the last three months. Corporate insiders own 0.33% of the company’s stock.

Marvell Technology Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Marvell Technology (NASDAQ:MRVL)

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