Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) – Stock analysts at B. Riley issued their Q1 2027 earnings per share (EPS) estimates for shares of Marvell Technology in a research note issued on Thursday, March 6th. B. Riley analyst C. Ellis anticipates that the semiconductor company will post earnings per share of $0.56 for the quarter. B. Riley currently has a “Buy” rating and a $135.00 price target on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. B. Riley also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.71 EPS and Q4 2027 earnings at $0.78 EPS.
A number of other equities research analysts have also weighed in on MRVL. Needham & Company LLC lowered their target price on shares of Marvell Technology from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Stifel Nicolaus lowered their price objective on Marvell Technology from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. Melius initiated coverage on Marvell Technology in a report on Monday, January 27th. They issued a “buy” rating and a $188.00 target price on the stock. Cantor Fitzgerald upped their price target on Marvell Technology from $120.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Finally, The Goldman Sachs Group increased their price target on Marvell Technology from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $120.44.
Marvell Technology Stock Performance
MRVL opened at $67.16 on Monday. Marvell Technology has a 1-year low of $53.19 and a 1-year high of $127.48. The company has a market cap of $58.11 billion, a price-to-earnings ratio of -39.51, a PEG ratio of 1.61 and a beta of 1.42. The company’s fifty day moving average price is $107.36 and its two-hundred day moving average price is $93.97. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30.
Marvell Technology Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, January 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend was Friday, January 10th. Marvell Technology’s payout ratio is -23.53%.
Insider Activity
In related news, EVP Mark Casper sold 7,755 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $123.08, for a total transaction of $954,485.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Willem A. Meintjes sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $122.50, for a total value of $183,750.00. Following the completion of the sale, the chief financial officer now owns 112,711 shares of the company’s stock, valued at $13,807,097.50. The trade was a 1.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,255 shares of company stock worth $4,330,980. 0.33% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Marvell Technology
A number of large investors have recently added to or reduced their stakes in MRVL. Zweig DiMenna Associates LLC grew its stake in shares of Marvell Technology by 6.3% during the fourth quarter. Zweig DiMenna Associates LLC now owns 213,521 shares of the semiconductor company’s stock valued at $23,583,000 after buying an additional 12,700 shares during the last quarter. Berbice Capital Management LLC purchased a new stake in Marvell Technology during the 4th quarter valued at about $637,000. RFG Advisory LLC grew its position in Marvell Technology by 6.2% during the 4th quarter. RFG Advisory LLC now owns 42,621 shares of the semiconductor company’s stock worth $4,708,000 after acquiring an additional 2,507 shares during the last quarter. Braun Stacey Associates Inc. purchased a new position in Marvell Technology in the 3rd quarter worth approximately $16,435,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Marvell Technology by 2.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,261,887 shares of the semiconductor company’s stock valued at $235,247,000 after purchasing an additional 66,654 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.
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.
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