Marvell Technology, Inc. (NASDAQ:MRVL) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Marvell Technology, Inc. (NASDAQ:MRVL) have received an average rating of “Moderate Buy” from the thirty-nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $272.00.

MRVL has been the topic of several research reports. Wells Fargo & Company boosted their price objective on shares of Marvell Technology from $240.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, August 24th. BMO Capital Markets began coverage on shares of Marvell Technology in a research note on Thursday, August 20th. They issued an “outperform” rating and a $250.00 target price for the company. Barclays reissued an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. HC Wainwright reaffirmed a “buy” rating on shares of Marvell Technology in a report on Tuesday, August 25th. Finally, Needham & Company LLC upped their price target on Marvell Technology from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, August 28th.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell’s AI growth outlook remains a major catalyst. Cantor Fitzgerald estimates the company’s AI opportunity could reach $625 billion by 2030 and sees potential revenue growth of up to 45% annually. Marvell AI opportunity article
• Positive Sentiment: Analysts at RBC see potential revenue acceleration in fiscal 2027 and 2028, supported by demand for custom chips and optical interconnect products used in AI data centers. Marvell’s expanded relationship with Google also strengthens its custom-silicon opportunity. RBC Marvell revenue acceleration article
• Positive Sentiment: The company recently reported record fiscal second-quarter revenue of $2.739 billion, up 37% year over year, and guided for approximately $3.15 billion in fiscal third-quarter revenue. Investors are also watching the October 6 Investor Day for updated fiscal 2027–2028 targets. Marvell Investor Day article

Marvell Technology Stock Down 3.8%

Shares of MRVL stock opened at $251.90 on Tuesday. Marvell Technology has a 12 month low of $70.68 and a 12 month high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The firm has a market cap of $220.89 billion, a PE ratio of 83.14, a price-to-earnings-growth ratio of 2.52 and a beta of 2.25. The stock has a 50 day moving average of $222.41 and a 200-day moving average of $199.87.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter last year, the company posted $0.67 earnings per share. Marvell Technology’s quarterly revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities analysts predict that Marvell Technology will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 7.92%.

Insiders Place Their Bets

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the sale, the chief operating officer owned 227,941 shares of the company’s stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the sale, the chief executive officer directly owned 775,686 shares in the company, valued at $173,280,495.54. This trade represents a 0.96% 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. Insiders sold 45,000 shares of company stock valued at $10,102,925 over the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Marvell Technology

Several institutional investors have recently made changes to their positions in MRVL. QRG Capital Management Inc. lifted its stake in Marvell Technology by 22.3% during the second quarter. QRG Capital Management Inc. now owns 141,942 shares of the semiconductor company’s stock worth $42,283,000 after purchasing an additional 25,878 shares during the period. State Street Corp grew its stake in shares of Marvell Technology by 79.3% in the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after purchasing an additional 18,495,866 shares during the period. Silicon Valley Capital Partners grew its stake in shares of Marvell Technology by 8.6% in the 2nd quarter. Silicon Valley Capital Partners now owns 35,015 shares of the semiconductor company’s stock valued at $10,430,000 after purchasing an additional 2,780 shares during the period. Altar Rock LLC acquired a new position in shares of Marvell Technology in the 2nd quarter worth approximately $234,000. Finally, Anchor Investment Management LLC raised its holdings in shares of Marvell Technology by 60.4% in the 2nd quarter. Anchor Investment Management LLC now owns 1,078 shares of the semiconductor company’s stock worth $321,000 after buying an additional 406 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Company Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.