B. Riley Financial Has Lowered Expectations for Marvell Technology (NASDAQ:MRVL) Stock Price

Marvell Technology (NASDAQ:MRVL) had its price target decreased by analysts at B. Riley Financial from $345.00 to $315.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. B. Riley Financial’s price objective would suggest a potential upside of 45.35% from the company’s current price.

Several other equities analysts have also weighed in on MRVL. Wells Fargo & Company increased their price objective on shares of Marvell Technology from $240.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday. Benchmark reiterated a “buy” rating on shares of Marvell Technology in a research note on Monday. Cantor Fitzgerald reissued a “neutral” rating and issued a $300.00 price target on shares of Marvell Technology in a report on Friday. Susquehanna boosted their price objective on Marvell Technology from $230.00 to $265.00 and gave the stock a “positive” rating in a report on Tuesday. Finally, Compass Point set a $190.00 target price on Marvell Technology in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and an average target price of $265.76.

Marvell Technology Stock Performance

NASDAQ MRVL traded down $24.73 during trading on Friday, reaching $216.72. 29,932,250 shares of the company’s stock were exchanged, compared to its average volume of 28,961,229. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The business has a 50 day moving average price of $229.10 and a 200-day moving average price of $176.28. The stock has a market capitalization of $189.59 billion, a P/E ratio of 74.22, a PEG ratio of 1.53 and a beta of 2.24. Marvell Technology has a fifty-two week low of $61.44 and a fifty-two week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts forecast that Marvell Technology will post 3.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider 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. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This trade represents a 4.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 41,981 shares of company stock worth $9,753,132. 0.12% of the stock is currently owned by company insiders.

Institutional Trading of Marvell Technology

A number of hedge funds have recently added to or reduced their stakes in MRVL. California State Teachers Retirement System grew its position in Marvell Technology by 29,523.4% during the 2nd quarter. California State Teachers Retirement System now owns 385,108,617 shares of the semiconductor company’s stock worth $114,720,006,000 after acquiring an additional 383,808,601 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Marvell Technology by 34.1% during the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. State Street Corp grew its holdings in shares of Marvell Technology by 7.9% during the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock worth $1,940,503,000 after purchasing an additional 1,677,724 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Marvell Technology by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after buying an additional 97,624 shares during the period. Finally, Norges Bank bought a new position in Marvell Technology in the 4th quarter valued at approximately $895,455,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Strong Q2 performance: Marvell reported adjusted earnings of $0.94 per share and revenue of $2.74 billion, narrowly exceeding estimates of $0.93 and $2.72 billion, respectively. Revenue increased approximately 37% year over year, while data-center revenue rose 46% to $2.17 billion. Marvell tops Q2 estimates as data center revenue jumps 46%
• Positive Sentiment: AI growth outlook improved: Management raised its fiscal 2027 revenue outlook to approximately $12 billion and expects about $18 billion in fiscal 2028 revenue. AI-related bookings remain exceptionally robust, with growth spanning custom silicon, switching and optical interconnect products. Marvell Q2 earnings call highlights faster AI data center growth
• Positive Sentiment: Analysts remain constructive: Oppenheimer raised its price target to $325 with an outperform rating, while Needham increased its target to $300 and maintained a buy rating. Oppenheimer raises Marvell price target
• Neutral Sentiment: High expectations are limiting the reaction: MRVL has surged more than 180% in 2026 and trades at elevated earnings multiples. Consequently, investors expected a substantially larger forecast increase and clearer evidence of near-term monetization from its AI partnerships. Marvell stock is expensive, but the growth story is hard to ignore
• Negative Sentiment: Google revenue timing disappointed investors: Marvell’s expanded AI-chip opportunity with Alphabet’s Google is not expected to contribute materially until fiscal 2029. That delayed payoff overshadowed the earnings beat and raised fiscal 2027 and 2028 targets. Marvell shares slide as concerns over timing of Google AI deal revenue eclipse strong results
• Negative Sentiment: Forecast upside was viewed as insufficient: Although fiscal third-quarter EPS guidance of $1.05–$1.15 exceeded consensus, investors considered the broader outlook too modest relative to MRVL’s premium valuation, contributing to selling across AI infrastructure stocks. Marvell shares tumble as outlook underwhelms despite revenue growth

Marvell Technology Company Profile

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.