Marvell Technology (NASDAQ:MRVL) Releases Q3 2027 Earnings Guidance

Marvell Technology (NASDAQ:MRVL) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.050-1.150 for the period, compared to the consensus estimate of 1.030. The company issued revenue guidance of $3.0 billion-$3.3 billion, compared to the consensus revenue estimate of $3.0 billion.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Stifel Nicolaus boosted their target price on Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Bank of America raised their target price on Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company lifted their target price on Marvell Technology from $240.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday. Loop Capital raised shares of Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Finally, Scotiabank initiated coverage on shares of Marvell Technology in a research report on Tuesday, May 26th. They set an “outperform” rating for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $258.42.

Marvell Technology Trading Down 1.5%

MRVL traded down $3.66 during trading on Thursday, reaching $241.45. The company had a trading volume of 35,013,917 shares, compared to its average volume of 28,911,164. The firm’s 50-day simple moving average is $230.49 and its 200 day simple moving average is $175.15. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The company has a market cap of $211.22 billion, a price-to-earnings ratio of 82.69, a PEG ratio of 1.50 and a beta of 2.24. Marvell Technology has a 12-month low of $61.44 and a 12-month high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same period last year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. Equities research analysts anticipate that Marvell Technology will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

Insiders Place Their Bets

In other news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares in the company, valued at $184,894,550.88. This represents a 0.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 41,981 shares of company stock valued at $9,753,132. 0.12% of the stock is owned by insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: NVIDIA’s strong quarter and upbeat AI-demand outlook have lifted semiconductor and networking stocks, supporting optimism that Marvell’s data-center connectivity and custom-silicon businesses are benefiting from continued AI infrastructure spending. Marvell’s Big AI Test Comes One Day After NVIDIA’s Blowout Quarter
• Positive Sentiment: Analysts are focused on Marvell’s recently announced approximately $12.2 billion custom-chip opportunity with Google, as well as a broader $75 billion pipeline. Evidence of stronger custom-silicon demand or improved guidance could provide a further catalyst. Marvell Technology’s Next Earnings Report Could Send the Stock Soaring
• Positive Sentiment: Rosenblatt raised its price target from $240 to $300 and expects another “beat-and-raise” quarter, while Susquehanna also sees additional upside. These revisions indicate that some analysts believe AI networking momentum remains underappreciated. Rosenblatt Raises Marvell Price Target to $300
• Neutral Sentiment: Consensus expectations call for roughly $0.93 in adjusted EPS and $2.72 billion in revenue. Investors will likely prioritize forward guidance, data-center growth, custom-chip timing and commentary on the Google relationship rather than the quarter’s headline results alone. Marvell Technology Q2 Earnings Preview
• Negative Sentiment: MRVL has already gained about 188% year to date and trades at a high valuation, leaving little room for an earnings or outlook disappointment. Options markets imply an approximately 10% move after the report, highlighting unusually high event risk. Marvell Stock Could Swing 10% After Earnings
• Negative Sentiment: Investors are also monitoring potential dilution from the Google warrant arrangement and competition from Broadcom in custom AI chips. These concerns may explain the stock’s more restrained trading despite the favorable AI-sector backdrop. MRVL Earnings Ahead: Google Partnership Tailwind, Dilution Headwind

Institutional Investors Weigh In On Marvell Technology

Several large investors have recently made changes to their positions in MRVL. Garton & Associates Financial Advisors LLC acquired a new position in Marvell Technology during the 4th quarter valued at about $90,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $64,000. Quarry LP bought a new stake in shares of Marvell Technology during the fourth quarter worth approximately $90,000. Rossby Financial LCC lifted its holdings in Marvell Technology by 41.7% in the fourth quarter. Rossby Financial LCC now owns 717 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 211 shares during the period. Finally, Triumph Capital Management lifted its holdings in Marvell Technology by 3,541.4% in 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 during the period. Institutional investors own 83.51% of the company’s stock.

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.