Marvell Technology (NASDAQ:MRVL) Earns “Neutral” Rating from Cantor Fitzgerald

Marvell Technology (NASDAQ:MRVL)‘s stock had its “neutral” rating reiterated by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $100.00 price target on the semiconductor company’s stock. Cantor Fitzgerald’s price objective indicates a potential upside of 26.44% from the stock’s current price.

Other research analysts have also issued reports about the company. Susquehanna set a $120.00 price objective on Marvell Technology and gave the stock a “positive” rating in a research report on Wednesday, December 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Monday, December 29th. Rosenblatt Securities cut their price objective on Marvell Technology from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Roth Mkm upped their target price on shares of Marvell Technology from $105.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, TD Cowen reaffirmed a “hold” rating on shares of Marvell Technology in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $115.16.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $79.09 on Tuesday. 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 stock’s fifty day moving average is $82.61 and its two-hundred day moving average is $81.77. The firm has a market capitalization of $67.01 billion, a P/E ratio of 27.75, a price-to-earnings-growth ratio of 0.62 and a beta of 1.97. Marvell Technology has a fifty-two week low of $47.08 and a fifty-two week high of $112.50.

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 the consensus estimate of $0.74 by $0.02. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The company’s quarterly revenue was up 36.8% compared to the same quarter last year. 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. On average, research analysts anticipate that Marvell Technology will post 0.91 earnings per share for the current year.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the stock in a transaction that occurred 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 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 transaction 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.

Institutional Trading of Marvell Technology

Hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC increased its holdings in Marvell Technology by 3.9% during the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after purchasing an additional 1,085 shares during the period. Yousif Capital Management LLC increased its stake in shares of Marvell Technology by 3.4% during the second quarter. Yousif Capital Management LLC now owns 15,563 shares of the semiconductor company’s stock worth $1,205,000 after buying an additional 506 shares during the period. Private Trust Co. NA increased its stake in shares of Marvell Technology by 12.0% during the second quarter. Private Trust Co. NA now owns 4,204 shares of the semiconductor company’s stock worth $325,000 after buying an additional 451 shares during the period. Stratos Wealth Partners LTD. raised its holdings in Marvell Technology by 16.6% in the second quarter. Stratos Wealth Partners LTD. now owns 23,787 shares of the semiconductor company’s stock valued at $1,841,000 after acquiring an additional 3,395 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its stake in Marvell Technology by 3.6% in the second quarter. William Blair Investment Management LLC now owns 15,403 shares of the semiconductor company’s stock worth $1,192,000 after acquiring an additional 541 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

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.