Marvell Technology (NASDAQ:MRVL) Shares Down 4% After Analyst Downgrade

Marvell Technology, Inc. (NASDAQ:MRVL)’s stock price traded down 4% during trading on Tuesday after Citigroup lowered their price target on the stock from $114.00 to $113.00. Citigroup currently has a buy rating on the stock. Marvell Technology traded as low as $72.79 and last traded at $75.54. 22,035,554 shares traded hands during trading, an increase of 48% from the average session volume of 14,912,365 shares. The stock had previously closed at $78.66.

Other research analysts have also recently issued reports about the stock. Rosenblatt Securities lowered their target price on shares of Marvell Technology from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday. Evercore ISI increased their price target on Marvell Technology from $122.00 to $156.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. B. Riley restated a “buy” rating and set a $130.00 price objective (up previously from $100.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Barclays lifted their price objective on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group increased their target price on Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $115.31.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares in the company, valued at $1,807,427.44. This represents a 20.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.19% of the company’s stock.

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

Institutional Investors Weigh In On Marvell Technology

Several hedge funds and other institutional investors have recently made changes to their positions in MRVL. Laurel Wealth Advisors LLC acquired a new stake in Marvell Technology in the fourth quarter valued at approximately $25,000. Game Plan Financial Advisors LLC bought a new position in shares of Marvell Technology in the 2nd quarter valued at $27,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. Kiker Wealth Management LLC grew its position in 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 acquiring an additional 281 shares during the last quarter. Finally, Nova Wealth Management Inc. grew its position in Marvell Technology by 3,922.2% during the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 353 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

Marvell Technology Trading Down 2.4%

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 firm has a market cap of $62.53 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 0.56 and a beta of 1.97. The business has a fifty day simple moving average of $85.37 and a 200-day simple moving average of $81.50.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.02. The company had revenue of $2.07 billion for 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%.The business’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. As a group, equities analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Stockholders of record on Friday, January 9th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, January 9th. Marvell Technology’s payout ratio is 8.42%.

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.