Marvell Technology (NASDAQ:MRVL) Stock Gets Price Target Trim from B. Riley Financial

Marvell Technology (NASDAQ:MRVL) had its price target reduced by B. Riley Financial from $365.00 to $275.00 in a research report report published on Tuesday,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

MRVL has been the topic of several other research reports. Seaport Research Partners assumed coverage on Marvell Technology in a report on Tuesday, September 22nd. They set a “buy” rating and a $270.00 target price on the stock. Cantor Fitzgerald cut their price target on Marvell Technology from $350.00 to $225.00 and set a “neutral” rating for the company in a report on Tuesday. UBS Group reiterated a “buy” rating on shares of Marvell Technology in a research report on Tuesday. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research report on Monday. Finally, KeyCorp reissued an “overweight” rating on shares of Marvell Technology in a report on Wednesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $300.85.

Marvell Technology Stock Down 16.4%

NASDAQ MRVL opened at $133.55 on Tuesday. The firm has a market cap of $117.11 billion, a PE ratio of 44.08, a price-to-earnings-growth ratio of 4.77 and a beta of 2.32. Marvell Technology has a one year low of $70.68 and a one year high of $329.88. The stock’s 50 day simple moving average is $236.31 and its 200 day simple moving average is $183.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same period last year, the firm posted $0.67 EPS. The business’s 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. As a group, sell-side analysts forecast that Marvell Technology will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Friday, October 9th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, October 9th. Marvell Technology’s payout ratio is presently 7.92%.

Insider Buying and Selling

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $186.97, for a total transaction of $1,869,700.00. Following the transaction, the chief operating officer owned 202,800 shares of the company’s stock, valued at $37,917,516. This trade represents a 4.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $273.59, for a total transaction of $300,949.00. Following the transaction, the chief accounting officer directly owned 909 shares in the company, valued at $248,693.31. The trade was a 54.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 57,285 shares of company stock valued at $12,901,763 over the last 90 days. 0.12% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marvell Technology

Hedge funds have recently bought and sold shares of the company. C M Bidwell & Associates Ltd. purchased a new stake in shares of Marvell Technology during the second quarter valued at approximately $27,000. Investment Research & Advisory Group Inc. bought a new position in shares of Marvell Technology in the third quarter worth approximately $25,000. Aberdeen Wealth Management LLC purchased a new position in shares of Marvell Technology in the second quarter worth $30,000. Sawyer & Company Inc purchased a new position in shares of Marvell Technology in the third quarter worth $26,000. Finally, Sunrise Financial Services LLC purchased a new position in shares of Marvell Technology in the third quarter worth $26,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

More Marvell Technology News

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

• Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Its latest reported quarter showed revenue up 36.5% year over year, with EPS and revenue slightly above consensus; analysts at Zacks Research also raised several future EPS estimates. Read article
• Positive Sentiment: The proposed Lumentum deal would combine Marvell’s electrical and networking products with Lumentum’s optical technologies, potentially expanding Marvell’s role in AI infrastructure. Some analysts see significant long-term upside if the combination delivers growth and cost savings. Read article
• Neutral Sentiment: Views on the acquisition are sharply divided: some analysts emphasize the strategic opportunity, while others question the deal’s price, execution and likelihood of completion. That uncertainty may keep the shares volatile. Read article
• Negative Sentiment: The $115 billion all-stock Lumentum acquisition raises concerns about substantial shareholder dilution. The deal’s fixed exchange ratio also means the value offered to Lumentum holders moves with Marvell’s share price, adding uncertainty around completion and investor support. Read article
• Negative Sentiment: Chip and AI infrastructure stocks sold off after the midterm results, amid concerns about regulation and possible data-center construction moratoriums in key states. Because Marvell supplies networking chips used in data centers, fears of slower AI buildouts weigh on its outlook. Read article
• Negative Sentiment: Several firms lowered Marvell ratings or price targets, reflecting concerns about dilution and deal risks, adding to the negative sentiment around the stock. Read article

Marvell Technology Company Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

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