Marvell Technology (NASDAQ:MRVL) Updates Q2 2027 Earnings Guidance

Marvell Technology (NASDAQ:MRVL) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.880-0.980 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $2.6 billion-$2.8 billion, compared to the consensus revenue estimate of $2.6 billion.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $125.00 price objective on shares of Marvell Technology in a research note on Wednesday, May 13th. Melius Research set a $220.00 price target on shares of Marvell Technology in a report on Monday, May 18th. Morgan Stanley lifted their price target on shares of Marvell Technology from $103.00 to $172.00 and gave the company an “equal weight” rating in a research report on Tuesday. Oppenheimer boosted their price objective on shares of Marvell Technology from $170.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 20th. Finally, Compass Point set a $190.00 price objective on shares of Marvell Technology in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.76.

Marvell Technology Stock Performance

Shares of Marvell Technology stock traded down $9.52 during trading hours on Wednesday, reaching $198.74. The company’s stock had a trading volume of 38,442,274 shares, compared to its average volume of 21,551,209. The company’s 50 day simple moving average is $139.40 and its 200 day simple moving average is $103.70. The stock has a market cap of $178.34 billion, a P/E ratio of 64.53, a price-to-earnings-growth ratio of 1.64 and a beta of 2.25. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. Marvell Technology has a one year low of $58.61 and a one year high of $218.26.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. Marvell Technology’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period last year, the firm posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, analysts expect that Marvell Technology will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 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, April 10th. Marvell Technology’s payout ratio is presently 7.79%.

Insiders Place Their Bets

In other news, CEO Matthew J. Murphy sold 30,000 shares of the company’s stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total value of $2,961,000.00. Following the transaction, the chief executive officer owned 310,106 shares in the company, valued at $30,607,462.20. This represents a 8.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark Casper sold 10,854 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the completion of the transaction, the executive vice president owned 4,023 shares in the company, valued at approximately $430,501.23. This represents a 72.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 245,060 shares of company stock valued at $29,901,072 over the last 90 days. 0.19% of the stock is owned by corporate insiders.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: HSBC upgraded Marvell to buy and analysts raised price targets, citing strong AI networking and custom chip demand ahead of earnings. HSBC Upgrades Marvell Stock (MRVL) Ahead of Q1 Earnings, Says ‘Ready to Ride the AI-Networking Super-Cycle’
• Positive Sentiment: Investors are positioning for a potential earnings beat and raise, with consensus expecting about $0.79 EPS and roughly 27% revenue growth to $2.4 billion. Options data reveals where Marvell stock will head after Q1 earnings
• Positive Sentiment: Multiple previews say Marvell’s leadership in optical connectivity and ramping custom AI chips could drive a strong quarter and potentially new highs after results. Marvell’s stock has soared ahead of earnings. Why analysts say it’s still ‘underestimated.’
• Neutral Sentiment: Broader chip-sector strength and upbeat AI sentiment are supporting the move, with futures and semiconductor shares firmer into the earnings release. Stock Index Futures Climb on AI Optimism and Lower Bond Yields, Fed Speak and Marvell Earnings on Tap
• Neutral Sentiment: Marvell is also getting attention because earnings from other AI names, including Salesforce and Snowflake, are being viewed as a demand check for the broader AI trade. AI Earnings Test: Salesforce, Snowflake, Marvell, HP Report After The Bell
• Negative Sentiment: Some investors are cautious because expectations are very high after a big rally, and insider selling has been flagged as a potential risk if guidance disappoints. Marvell Technology (MRVL) Earnings Preview: Can AI Demand Justify the 130% Rally?

Institutional Trading of Marvell Technology

Large investors have recently modified their holdings of the company. Syon Capital LLC bought a new stake in Marvell Technology in the fourth quarter valued at about $229,000. Advisors Asset Management Inc. increased its position in shares of Marvell Technology by 36.7% during the 4th quarter. Advisors Asset Management Inc. now owns 2,669 shares of the semiconductor company’s stock worth $227,000 after purchasing an additional 716 shares in the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $208,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $95,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $90,000. 83.51% of the stock is owned by institutional investors.

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.