Rosenblatt Securities Reiterates “Buy” Rating for Marvell Technology (NASDAQ:MRVL)

Marvell Technology (NASDAQ:MRVL)‘s stock had its “buy” rating reiterated by analysts at Rosenblatt Securities in a note issued to investors on Wednesday,Benzinga reports. They presently have a $120.00 price objective on the semiconductor company’s stock. Rosenblatt Securities’ price objective would suggest a potential upside of 43.80% from the stock’s current price.

A number of other equities analysts have also weighed in on MRVL. Piper Sandler set a $110.00 price target on Marvell Technology in a research report on Wednesday, December 3rd. Morgan Stanley set a $112.00 price target on shares of Marvell Technology in a research report on Wednesday, December 3rd. Zacks Research upgraded Marvell Technology from a “hold” rating to a “strong-buy” rating in a report on Friday, December 5th. Cowen reissued a “hold” rating on shares of Marvell Technology in a research note on Wednesday, December 3rd. Finally, Roth Capital increased their price target on shares of Marvell Technology from $105.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $116.03.

Marvell Technology Price Performance

NASDAQ:MRVL opened at $83.45 on Wednesday. The business’s 50-day moving average price is $87.64 and its 200 day moving average price is $80.57. The firm has a market cap of $70.77 billion, a P/E ratio of 29.28, a PEG ratio of 0.82 and a beta of 1.95. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. Marvell Technology has a 52-week low of $47.08 and a 52-week high of $127.48.

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

Marvell Technology declared that its Board of Directors has authorized a share buyback plan on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes 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 believes its shares are undervalued.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at $1,807,427.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marvell Technology

Large investors have recently made changes to their positions in the business. Trifecta Capital Advisors LLC grew its stake in shares of Marvell Technology by 8.8% in the third quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock worth $120,000 after acquiring an additional 116 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Marvell Technology by 1.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,306 shares of the semiconductor company’s stock valued at $614,000 after purchasing an additional 122 shares during the period. FSM Wealth Advisors LLC boosted its holdings in Marvell Technology by 4.4% in the 3rd quarter. FSM Wealth Advisors LLC now owns 2,939 shares of the semiconductor company’s stock valued at $247,000 after purchasing an additional 123 shares during the period. Faithward Advisors LLC grew its position in Marvell Technology by 2.1% in the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after purchasing an additional 126 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its holdings in shares of Marvell Technology by 30.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 130 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key Marvell Technology News

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

• Positive Sentiment: Marvell agreed to acquire XConn (~$540M) to bolster AI‑data‑center connectivity — a strategic tuck‑in that expands its interconnect portfolio and supports longer‑term revenue capture in AI infrastructure. Read More.
• Positive Sentiment: Analysts and management are upbeat: Rosenblatt reaffirmed buy with a $120 PT, Melius upgraded to buy, and JPMorgan highlighted “on‑fire” AI bookings, reinforcing upside expectations for data‑center demand. Read More.
• Positive Sentiment: Longer‑form bullish pieces argue Marvell’s connectivity push (XConn, Celestial AI tie‑ups, CXL/UALink initiatives) validates the bull thesis for secular AI/data‑center growth. Read More.
• Neutral Sentiment: Valuation debate is mixed — some see recent weakness as a buying opportunity, others warn expectations for AI are high; this creates both dip‑buyers and cautious traders. Read More.
• Neutral Sentiment: Unusual put‑option volume has drawn attention; elevated put activity can indicate hedging or speculative positioning that increases near‑term volatility but doesn’t prove a change in fundamentals. Read More.
• Negative Sentiment: Some investors sold into the XConn announcement, producing short‑term downward pressure — concerns include integration risk, deal cost and potential near‑term dilution or margin impact. Read More.
• Negative Sentiment: An EVP disclosed a sale of 5,000 shares last week; while single insider sales aren’t definitive, they can reinforce negative sentiment among short‑term traders. Read More.

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.