Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) – Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Marvell Technology in a report issued on Monday, June 9th. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings per share of $2.09 for the year. Cantor Fitzgerald has a “Neutral” rating and a $60.00 price objective on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share.
Several other equities research analysts also recently issued reports on MRVL. Melius downgraded Marvell Technology from a “buy” rating to a “hold” rating and set a $66.00 price target for the company. in a report on Thursday, May 22nd. Roth Capital set a $100.00 target price on Marvell Technology in a report on Thursday, March 6th. Redburn Atlantic initiated coverage on Marvell Technology in a report on Wednesday, May 28th. They set a “neutral” rating and a $67.00 target price for the company. UBS Group reissued a “buy” rating on shares of Marvell Technology in a report on Monday, June 2nd. Finally, KeyCorp dropped their target price on Marvell Technology from $115.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, May 30th. Seven research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus price target of $94.73.
Marvell Technology Trading Down 0.9%
Shares of Marvell Technology stock opened at $68.24 on Tuesday. The business has a fifty day simple moving average of $59.59 and a two-hundred day simple moving average of $85.54. Marvell Technology has a 1 year low of $47.09 and a 1 year high of $127.48. The company has a market capitalization of $58.95 billion, a price-to-earnings ratio of -40.14, a P/E/G ratio of 1.61 and a beta of 1.76. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.60 and a quick ratio of 1.11.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. Marvell Technology had a positive return on equity of 4.59% and a negative net margin of 27.49%. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s quarterly revenue was up 63.3% on a year-over-year basis.
Marvell Technology Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Friday, April 11th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend was Friday, April 11th. Marvell Technology’s dividend payout ratio is presently -42.11%.
Insider Buying and Selling at Marvell Technology
In other Marvell Technology news, EVP Mark Casper sold 626 shares of Marvell Technology stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $61.10, for a total value of $38,248.60. Following the transaction, the executive vice president now owns 626 shares in the company, valued at $38,248.60. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Chris Koopmans sold 6,000 shares of Marvell Technology stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $68.83, for a total value of $412,980.00. Following the completion of the transaction, the chief operating officer now owns 81,931 shares in the company, valued at approximately $5,639,310.73. This represents a 6.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,541 shares of company stock worth $2,079,948 over the last 90 days. Insiders own 0.19% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Centricity Wealth Management LLC bought a new position in Marvell Technology in the fourth quarter valued at about $26,000. Rialto Wealth Management LLC bought a new position in Marvell Technology in the 4th quarter valued at approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in Marvell Technology during the 4th quarter worth approximately $35,000. Capital Analysts LLC boosted its position in Marvell Technology by 236.3% during the 4th quarter. Capital Analysts LLC now owns 343 shares of the semiconductor company’s stock worth $38,000 after buying an additional 241 shares during the period. Finally, Sierra Ocean LLC acquired a new stake in Marvell Technology during the 4th quarter worth approximately $44,000. Institutional investors own 83.51% of the company’s stock.
Marvell Technology Company Profile
Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.
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