Benchmark reissued their buy rating on shares of Marvell Technology (NASDAQ:MRVL – Free Report) in a report issued on Tuesday,Benzinga reports. They currently have a $130.00 price target on the semiconductor company’s stock.
Several other research firms have also issued reports on MRVL. Stifel Nicolaus increased their target price on shares of Marvell Technology from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Morgan Stanley upped their price target on Marvell Technology from $95.00 to $103.00 and gave the stock an “equal weight” rating in a report on Friday, March 6th. Zacks Research downgraded Marvell Technology from a “hold” rating to a “strong sell” rating in a research report on Monday, March 2nd. Oppenheimer reissued an “outperform” rating and issued a $150.00 price objective (up from $115.00) on shares of Marvell Technology in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group boosted their price objective on Marvell Technology from $80.00 to $90.00 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.24.
Get Our Latest Stock Analysis on MRVL
Marvell Technology Price Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities research analysts forecast that Marvell Technology will post 0.91 EPS for the current year.
Marvell Technology Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, April 10th. Marvell Technology’s payout ratio is presently 7.79%.
Insiders Place Their Bets
In other news, insider Sandeep Bharathi sold 44,414 shares of Marvell Technology stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $99.61, for a total value of $4,424,078.54. Following the sale, the insider directly owned 55,199 shares of the company’s stock, valued at $5,498,372.39. The trade was a 44.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the sale, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 97,268 shares of company stock worth $9,747,735. Corporate insiders own 0.19% of the company’s stock.
Institutional Investors Weigh In On Marvell Technology
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology in the fourth quarter valued at about $25,000. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the fourth quarter worth about $25,000. Cherry Tree Wealth Management LLC acquired a new position in Marvell Technology during the fourth quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC grew its stake in 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. Finally, MidFirst Bank acquired a new stake in Marvell Technology in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.
Key Headlines Impacting Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: NVIDIA’s $2B investment and expanded NVLink Fusion partnership is being treated as a strategic “vote of confidence” that accelerates Marvell’s AI infrastructure addressable market and cross‑sell opportunities. Marvell Gets Nvidia’s $2B ‘Vote of Confidence’: Analysts Strike a Bullish Chord
- Positive Sentiment: Bank of America reiterated Buy and lifted its price target (to $125), citing the Nvidia tie‑up as a catalyst for stronger AI/data‑center revenue — another broker followed with a $130 target, reinforcing upside expectations. Bank of America raises Marvell Technology price target on Nvidia partnership
- Positive Sentiment: Market commentary and outlets are framing Marvell as an AI‑infrastructure beneficiary (many buy/spark pieces), which supports continued investor interest and ETF flows into MRVL. Marvell Technology (MRVL) Shares Skyrocket, What You Need To Know
- Neutral Sentiment: Zacks upgraded Marvell from “strong sell” to “hold,” reducing negative bias but stopping short of a buy call—useful context but less marketmoving than the Nvidia deal. Zacks.com
- Neutral Sentiment: Several analyst / investor pieces evaluate MRVL post‑Q4 earnings (beat on EPS/revenue and raised Q1 guidance) — these explain the longer‑term thesis but add less immediate price pressure than the Nvidia story. Marvell Technology (MRVL): Buy, Sell, or Hold Post Q4 Earnings?
- Negative Sentiment: Insider selling: EVP Mark Casper disclosed large sales this week (combined ~17,854 shares across April 1–2), trimming his position significantly — a near‑term negative signal investors often watch for timing/valuation concerns. SEC Form 4 filing (Mark Casper)
- Negative Sentiment: Broader macro/geopolitical headlines (e.g., Trump/Iran tension) have pressured chip names at times this week and can trigger short‑term volatility for MRVL despite company‑specific positives. Chip Stocks Fall After Trump Iran Warning
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.
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