Citigroup Lowers Marvell Technology (NASDAQ:MRVL) Price Target to $113.00

Marvell Technology (NASDAQ:MRVL) had its target price dropped by stock analysts at Citigroup from $114.00 to $113.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Citigroup’s target price would indicate a potential upside of 53.26% from the company’s current price.

A number of other analysts also recently issued reports on the stock. HSBC started coverage on shares of Marvell Technology in a report on Monday, November 24th. They issued a “hold” rating and a $85.00 price objective on the stock. Barclays boosted their price target on shares of Marvell Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 3rd. Craig Hallum restated a “buy” rating and set a $141.00 price objective on shares of Marvell Technology in a research note on Wednesday, December 3rd. UBS Group lowered their target price on Marvell Technology from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Cantor Fitzgerald set a $100.00 price target on Marvell Technology in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $115.31.

Marvell Technology Stock Performance

MRVL opened at $73.73 on Tuesday. The company has a market capitalization of $62.53 billion, a price-to-earnings ratio of 25.87, a P/E/G ratio of 0.56 and a beta of 1.97. The business’s 50-day moving average price is $85.37 and its two-hundred day moving average price is $81.50. Marvell Technology has a 1 year low of $47.08 and a 1 year high of $121.81. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64.

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

Insider Transactions at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This trade represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marvell Technology

Several hedge funds have recently bought and sold shares of MRVL. Ameritas Advisory Services LLC grew its position in shares of Marvell Technology by 66.5% in the fourth quarter. Ameritas Advisory Services LLC now owns 4,863 shares of the semiconductor company’s stock valued at $413,000 after purchasing an additional 1,942 shares during the last quarter. Atlantic Union Bankshares Corp lifted its holdings in Marvell Technology by 17.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 1,833 shares of the semiconductor company’s stock worth $156,000 after purchasing an additional 267 shares during the last quarter. World Investment Advisors boosted its stake in Marvell Technology by 32.9% in the 4th quarter. World Investment Advisors now owns 67,659 shares of the semiconductor company’s stock valued at $5,629,000 after purchasing an additional 16,751 shares during the period. Meridian Wealth Management LLC grew its holdings in Marvell Technology by 11.9% in the 4th quarter. Meridian Wealth Management LLC now owns 31,239 shares of the semiconductor company’s stock valued at $2,655,000 after buying an additional 3,317 shares in the last quarter. Finally, Bailard Inc. increased its position in Marvell Technology by 45.7% during the 4th quarter. Bailard Inc. now owns 11,005 shares of the semiconductor company’s stock worth $935,000 after buying an additional 3,451 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Key Marvell Technology News

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

• Positive Sentiment: RBC reiterated an Outperform on MRVL, saying the company’s AI infrastructure exposure and strategy strengthen the long‑term case for the stock. RBC Reiterates Outperform on Marvell (MRVL) as AI Infrastructure Thesis Strengthens
• Positive Sentiment: The Globe and Mail flagged a new “Buy” recommendation for Marvell, adding to the list of bullish analyst views that see upside from AI and connectivity end markets. Marvell (MRVL): New Buy Recommendation for This Technology Giant
• Positive Sentiment: Coverage framing the Celestial AI deal as a strategic refocus on AI data‑center connectivity highlights long‑term photonics and AI interconnect upside for Marvell’s roadmap. Marvell Celestial AI Deal Refocuses Thesis On AI Data Center Connectivity
• Neutral Sentiment: Marvell confirmed it has completed the Celestial AI acquisition — a strategic, multi‑year growth play whose financial contribution is expected further out, leaving near‑term impact mixed. Marvell Technology, Inc. Completes Acquisition of Celestial AI
• Neutral Sentiment: Several analyst notes provide mixed views — some reiterate buys with trimmed targets while others call for caution, reflecting differing timelines for Celestial’s payoff versus near‑term EPS pressure. Analysts Offer Insights on Technology Companies: Marvell (MRVL) and Evertec (EVTC)
• Negative Sentiment: Multiple firms trimmed price targets (Needham, Rosenblatt, Citigroup among others) or lowered targets while keeping Buy ratings — those cuts have pressured the stock near term. Marvell Technology Stock Slips As Analysts Cut Price Targets
• Negative Sentiment: Bank of America (via research coverage) kept a Hold and lowered its price target to $90, citing execution, customer concentration and dilution risks tied to the Celestial deal. Marvell: Neutral Outlook Balances Celestial AI Upside Against Execution, Concentration, and Dilution Risks
• Negative Sentiment: Market commentators including Jim Cramer labeled Marvell a “derivative” company — a characterization that can dampen investor enthusiasm among retail flows. Jim Cramer on Marvell: “They’re an Excellent Company, But They’re a Derivative Company”
• Negative Sentiment: Zacks and market‑flow pieces noted MRVL has recently declined more than the broader market, tying the move to the analyst reactions and near‑term uncertainty around integration and dilution. Here’s Why Marvell Technology (MRVL) Fell More Than Broader Market

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.