Marvell Technology, Inc. (NASDAQ:MRVL) Receives $93.06 Consensus Target Price from Analysts

Marvell Technology, Inc. (NASDAQ:MRVL) has been given an average rating of “Moderate Buy” by the thirty-six analysts that are covering the stock, MarketBeat Ratings reports. Thirteen analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $93.0645.

Several equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Marvell Technology from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Roth Capital reaffirmed a “buy” rating on shares of Marvell Technology in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Marvell Technology in a report on Wednesday, October 8th. Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. Finally, UBS Group raised their price objective on Marvell Technology from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Monday, October 13th.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy acquired 13,600 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were purchased at an average price of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares in the company, valued at $20,709,226.33. The trade was a 5.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Willem A. Meintjes bought 3,400 shares of Marvell Technology stock in a transaction on Thursday, September 25th. The stock was acquired at an average price of $78.03 per share, with a total value of $265,302.00. Following the completion of the purchase, the chief financial officer directly owned 132,159 shares of the company’s stock, valued at approximately $10,312,366.77. The trade was a 2.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 27,200 shares of company stock valued at $2,109,632 over the last 90 days. Company insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after buying an additional 15,166,976 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Marvell Technology by 8.0% in the second quarter. Brown Advisory Inc. now owns 20,840,336 shares of the semiconductor company’s stock worth $1,613,044,000 after buying an additional 1,539,809 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Marvell Technology by 32.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,661,308 shares of the semiconductor company’s stock worth $1,272,117,000 after acquiring an additional 5,050,159 shares in the last quarter. State Street Corp increased its holdings in shares of Marvell Technology by 2.7% during the 2nd quarter. State Street Corp now owns 20,573,260 shares of the semiconductor company’s stock valued at $1,592,370,000 after acquiring an additional 533,946 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Marvell Technology by 16.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,406,875 shares of the semiconductor company’s stock valued at $805,473,000 after acquiring an additional 1,464,571 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

NASDAQ MRVL opened at $90.92 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. Marvell Technology has a 1 year low of $47.08 and a 1 year high of $127.48. The company has a market cap of $78.38 billion, a PE ratio of -699.38, a PEG ratio of 1.10 and a beta of 1.95. The stock’s 50-day moving average price is $80.70 and its two-hundred day moving average price is $73.33.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the company posted $0.30 earnings per share. The business’s revenue for the quarter was up 57.6% on a year-over-year basis. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, analysts predict that Marvell Technology will post 0.91 EPS for the current year.

Marvell Technology declared that its Board of Directors has authorized a stock repurchase program on Wednesday, September 24th that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Friday, October 10th were paid a $0.06 dividend. The ex-dividend date was Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology’s payout ratio is -184.62%.

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.