Marvell Technology, Inc. (NASDAQ:MRVL) Given Consensus Rating of “Moderate Buy” by Brokerages

Marvell Technology, Inc. (NASDAQ:MRVL) has received an average recommendation of “Moderate Buy” from the thirty-nine research firms that are currently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, thirty have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $265.7647.

MRVL has been the topic of a number of analyst reports. HSBC set a $300.00 target price on Marvell Technology and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada restated an “outperform” rating and set a $360.00 price objective on shares of Marvell Technology in a research note on Thursday, August 20th. Oppenheimer lifted their price objective on Marvell Technology from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Friday, August 28th. TD Cowen upped their target price on Marvell Technology from $225.00 to $245.00 and gave the company a “hold” rating in a research report on Friday, August 28th. Finally, Rosenblatt Securities raised their price target on shares of Marvell Technology from $240.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell reported record fiscal second-quarter revenue of $2.739 billion, up 36.5% year over year, while data-center revenue rose 46% to approximately $2.17 billion. Adjusted earnings of $0.94 per share also exceeded the $0.93 consensus estimate. Marvell’s Data Center Machine Keeps Rewriting Its Own Forecast
• Positive Sentiment: The company raised its fiscal 2027 and 2028 revenue outlooks, reinforcing expectations for continued growth in custom silicon, data-center connectivity and AI infrastructure. Some analysts see substantial upside based on improving earnings estimates and the long-term hyperscaler spending cycle. Marvell Stock Set Several New Records in Q2
• Positive Sentiment: A reported $120 billion Google-related AI opportunity and a warrant arrangement strengthen Marvell’s strategic position with a major hyperscaler. However, the agreement is expected to support growth over several years rather than produce an immediate revenue surge. Marvell’s $120B AI Deal Came With an Unexpected Catch

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CFO Daniel Durn sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the transaction, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This trade represents a 24.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the completion of the transaction, the insider owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last quarter, insiders have sold 31,981 shares of company stock valued at $7,694,432. Corporate insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On Marvell Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC increased its stake in Marvell Technology by 3.9% during the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares during the period. Baird Financial Group Inc. raised its holdings in Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after purchasing an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Marvell Technology during the second quarter worth approximately $354,000. Treasurer of the State of North Carolina lifted its position in Marvell Technology by 3.0% in the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after purchasing an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Marvell Technology by 1.0% during the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after purchasing an additional 4,060 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Marvell Technology Stock Down 0.6%

Shares of NASDAQ:MRVL opened at $210.39 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17. Marvell Technology has a 1 year low of $61.44 and a 1 year high of $329.88. The stock has a 50-day simple moving average of $223.93 and a 200-day simple moving average of $179.05. The stock has a market capitalization of $184.49 billion, a P/E ratio of 69.44, a PEG ratio of 1.21 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The company’s revenue was up 36.5% on a year-over-year basis. During the same period last year, the business posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities analysts forecast that Marvell Technology will post 3.07 earnings per share for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s payout ratio is 7.92%.

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.