Marvell Technology (NASDAQ:MRVL) Trading Down 2% – Here’s What Happened

Marvell Technology, Inc. (NASDAQ:MRVL) shares dropped 2% on Thursday . The stock traded as low as $77.15 and last traded at $79.29. Approximately 12,274,925 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 13,744,239 shares. The stock had previously closed at $80.92.

Key Stories Impacting Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Marvell’s acquisition of Celestial AI brings photonic fabric technology that could boost AI cluster bandwidth and long?term data?center positioning; management is targeting roughly $1B in revenue from this capability by fiscal 2029. How MRVL’s Celestial AI Acquisition Fills Its Critical Technology Gap?
• Positive Sentiment: Marvell is showcasing AI-focused data?center connectivity solutions at DesignCon 2026, reinforcing its product-led story in high?performance networking and signaling continued commercial focus on AI infrastructure. What’s Going On With Marvell Technology Stock Wednesday?
• Positive Sentiment: Broader market flows into AI?specific ETFs highlight demand for infrastructure names (memory, connectivity, compute); Marvell sits in that stack and stands to benefit if investors rotate into dedicated AI exposure. An AI ETF Soared 28% And Left QQQ In The Dust
• Neutral Sentiment: Several market outlets note rising investor attention around MRVL (search and volume interest), which can increase short?term volatility and liquidity but doesn’t guarantee directional moves. Marvell Technology, Inc. (MRVL) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Reminder that Marvell is scheduled to report earnings next week; preview pieces and calendar mentions are keeping the stock in focus as traders position ahead of results. Marvell Technology (MRVL) Projected to Post Earnings on Thursday
• Negative Sentiment: A Zacks earnings preview argues Marvell may lack the two key ingredients typically seen in quarters that beat consensus, implying downside risk to short?term price moves if results or guide miss expectations. Marvell Technology (MRVL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MRVL shares. Summit Insights raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Citigroup lowered their target price on Marvell Technology from $114.00 to $113.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. B. Riley Financial reissued a “buy” rating and issued a $130.00 price target (up from $100.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $100.00 price objective on shares of Marvell Technology in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group lifted their target price on Marvell Technology from $80.00 to $90.00 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus price target of $115.31.

Marvell Technology Trading Down 2.0%

The company has a market cap of $69.08 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 0.62 and a beta of 1.97. The business’s 50 day moving average price is $82.06 and its 200-day moving average price is $81.87. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same quarter last year, the company earned $0.43 earnings per share. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, equities analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, January 9th. Marvell Technology’s dividend payout ratio is presently 8.42%.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of Marvell Technology stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. The trade was a 20.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marvell Technology

Hedge funds and other institutional investors have recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the 4th quarter worth $25,000. Jessup Wealth Management Inc acquired a new stake in Marvell Technology in the fourth quarter valued at $25,000. Cherry Tree Wealth Management LLC bought a new position in shares of Marvell Technology during the fourth quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 200 shares during the period. Finally, MidFirst Bank bought a new stake in Marvell Technology during the fourth quarter valued at $28,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

About Marvell Technology

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.