Marvell Technology (NASDAQ:MRVL) Stock Rating Upgraded by Melius

Marvell Technology (NASDAQ:MRVL) was upgraded by Melius from a “hold” rating to a “buy” rating in a report issued on Monday, MarketBeat reports. The firm presently has a $135.00 target price on the semiconductor company’s stock. Melius’ price target would indicate a potential upside of 53.01% from the stock’s current price.

MRVL has been the topic of a number of other reports. Piper Sandler set a $110.00 price target on shares of Marvell Technology in a research note on Wednesday, December 3rd. Summit Insights raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Oppenheimer reaffirmed an “outperform” rating and set a $150.00 target price (up previously from $115.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. B. Riley reiterated a “buy” rating and issued a $130.00 price target (up from $100.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Finally, Roth Capital raised their price objective on Marvell Technology from $105.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $115.25.

Marvell Technology Trading Down 2.2%

Shares of MRVL stock opened at $88.23 on Monday. Marvell Technology has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The stock’s fifty day moving average price is $87.85 and its two-hundred day moving average price is $80.52. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01. The company has a market cap of $74.83 billion, a PE ratio of 30.96, a P/E/G ratio of 0.87 and a beta of 1.95.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.Marvell Technology’s revenue was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 EPS. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities analysts predict that Marvell Technology will post 0.91 EPS for the current fiscal year.

Marvell Technology declared that its Board of Directors has initiated a share repurchase plan on Wednesday, September 24th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 1,253 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $101.00, for a total transaction of $126,553.00. Following the completion of the sale, the executive vice president owned 9,023 shares of the company’s stock, valued at $911,323. This trade represents a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Marvell Technology

Institutional investors and hedge funds have recently modified their holdings of the business. Game Plan Financial Advisors LLC acquired a new position in shares of Marvell Technology during the 2nd quarter valued at $27,000. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Kiker Wealth Management LLC boosted its position in shares of Marvell Technology by 374.7% during the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Nova Wealth Management Inc. grew its stake in shares of Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares during the period. Finally, Westside Investment Management Inc. grew its stake in shares of Marvell Technology by 62.5% in the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 160 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Melius Research upgraded MRVL to a Buy with a $135 price target, citing accelerating custom‑silicon demand and upside from AI/data‑center exposure. This increases buy‑side analyst momentum. Melius Sets $135 Target on Marvell (MRVL)
• Positive Sentiment: Analyst and trade commentaries argue MRVL remains well positioned in the AI data path and as a beneficiary of rising memory and data‑center spend — supporting a constructive medium‑term thesis. Marvell Technology: The AI Data Path Trade After GPU Excess
• Positive Sentiment: Zacks and other outlets highlight Marvell’s strong revenue growth, AI exposure and partnerships as valuation support, arguing the stock can justify a premium multiple. Is MRVL Stock a Buy, Sell or Hold at a P/S Multiple of 7.67X?
• Neutral Sentiment: Marvell announced it will acquire networking equipment provider XConn Technologies for about $540M to expand AI/data‑center connectivity — a strategic fit that beefs up hardware offerings. The deal is modest relative to Marvell’s market cap but adds capabilities. Marvell to buy networking equipment firm XConn in $540 million deal
• Negative Sentiment: Markets sold MRVL stock after the XConn announcement — investors may be taking profits, concerned about near‑term dilution/integration risk, or deeming the cash/outlay unnecessary given Marvell’s recent run. That reaction pushed shares lower and drove above‑average volume. Marvell stock falls after announcing XConn Technologies acquisition

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.