Marvell Technology (NASDAQ:MRVL) Issues Q2 2027 Earnings Guidance

Marvell Technology (NASDAQ:MRVL) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.880-0.980 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of $2.6 billion-$2.8 billion, compared to the consensus revenue estimate of $2.6 billion.

Marvell Technology Stock Down 4.6%

MRVL stock traded down $9.56 during trading on Wednesday, hitting $198.70. 45,813,766 shares of the company’s stock were exchanged, compared to its average volume of 21,568,516. The business has a 50-day moving average price of $139.40 and a two-hundred day moving average price of $103.70. The stock has a market capitalization of $178.30 billion, a price-to-earnings ratio of 64.51, a PEG ratio of 1.64 and a beta of 2.25. Marvell Technology has a 52-week low of $58.61 and a 52-week high of $218.26. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts expect that Marvell Technology will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology’s payout ratio is presently 7.79%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MRVL shares. UBS Group started coverage on Marvell Technology in a research report on Tuesday. They issued a “buy” rating on the stock. Cantor Fitzgerald upped their price target on Marvell Technology from $120.00 to $190.00 and gave the stock a “neutral” rating in a research note on Tuesday. Erste Group Bank started coverage on Marvell Technology in a research note on Thursday, April 2nd. They set a “buy” rating for the company. Bank of America upped their price target on Marvell Technology from $125.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, B. Riley Financial reiterated a “buy” rating on shares of Marvell Technology in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $158.76.

Insiders Place Their Bets

In related news, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the sale, the executive vice president owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer directly owned 226,675 shares in the company, valued at approximately $39,722,527. This trade represents a 1.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 245,060 shares of company stock worth $29,901,072. 0.19% of the stock is currently owned by insiders.

Key Marvell Technology News

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

• Positive Sentiment: HSBC upgraded Marvell to buy and analysts raised price targets, citing strong AI networking and custom chip demand ahead of earnings. HSBC Upgrades Marvell Stock (MRVL) Ahead of Q1 Earnings, Says ‘Ready to Ride the AI-Networking Super-Cycle’
• Positive Sentiment: Investors are positioning for a potential earnings beat and raise, with consensus expecting about $0.79 EPS and roughly 27% revenue growth to $2.4 billion. Options data reveals where Marvell stock will head after Q1 earnings
• Positive Sentiment: Multiple previews say Marvell’s leadership in optical connectivity and ramping custom AI chips could drive a strong quarter and potentially new highs after results. Marvell’s stock has soared ahead of earnings. Why analysts say it’s still ‘underestimated.’
• Neutral Sentiment: Broader chip-sector strength and upbeat AI sentiment are supporting the move, with futures and semiconductor shares firmer into the earnings release. Stock Index Futures Climb on AI Optimism and Lower Bond Yields, Fed Speak and Marvell Earnings on Tap
• Neutral Sentiment: Marvell is also getting attention because earnings from other AI names, including Salesforce and Snowflake, are being viewed as a demand check for the broader AI trade. AI Earnings Test: Salesforce, Snowflake, Marvell, HP Report After The Bell
• Negative Sentiment: Some investors are cautious because expectations are very high after a big rally, and insider selling has been flagged as a potential risk if guidance disappoints. Marvell Technology (MRVL) Earnings Preview: Can AI Demand Justify the 130% Rally?

Institutional Trading of Marvell Technology

Several large investors have recently added to or reduced their stakes in the business. Visionary Wealth Advisors bought a new position in Marvell Technology during the fourth quarter valued at about $209,000. Fieldview Capital Management LLC bought a new position in Marvell Technology during the fourth quarter valued at about $208,000. Garton & Associates Financial Advisors LLC bought a new position in Marvell Technology during the fourth quarter valued at about $90,000. Quarry LP bought a new position in Marvell Technology during the fourth quarter valued at about $90,000. Finally, Triumph Capital Management boosted its stake in Marvell Technology by 3,541.4% during the fourth quarter. Triumph Capital Management now owns 1,056 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 1,027 shares in the last quarter. 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.