Roth Capital Brokers Raise Earnings Estimates for MRVL

Marvell Technology, Inc. (NASDAQ:MRVL) – Research analysts at Roth Capital lifted their Q2 2026 earnings estimates for Marvell Technology in a note issued to investors on Wednesday, December 4th. Roth Capital analyst S. Desilva now expects that the semiconductor company will post earnings per share of $0.43 for the quarter, up from their previous estimate of $0.37. The consensus estimate for Marvell Technology’s current full-year earnings is $0.78 per share.

Several other equities analysts have also recently weighed in on the stock. The Goldman Sachs Group raised their target price on shares of Marvell Technology from $87.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday. Benchmark reaffirmed a “buy” rating and set a $135.00 target price (up from $115.00) on shares of Marvell Technology in a research note on Wednesday. Wells Fargo & Company raised their target price on shares of Marvell Technology from $110.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday. Susquehanna lifted their price objective on shares of Marvell Technology from $110.00 to $125.00 and gave the stock a “positive” rating in a research note on Wednesday. Finally, Roth Mkm reissued a “buy” rating and issued a $95.00 price objective on shares of Marvell Technology in a research note on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.04.

Marvell Technology Stock Performance

MRVL opened at $113.51 on Friday. The stock has a market capitalization of $100.59 billion, a price-to-earnings ratio of -66.77, a PEG ratio of 4.15 and a beta of 1.46. The company has a fifty day moving average of $86.09 and a 200 day moving average of $75.57. Marvell Technology has a fifty-two week low of $50.56 and a fifty-two week high of $119.88. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.79.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, October 11th. This represents a $0.24 dividend on an annualized basis and a yield of 0.21%. Marvell Technology’s payout ratio is -14.12%.

Insider Activity at Marvell Technology

In other news, insider Muhammad Raghib Hussain sold 150,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $80.50, for a total value of $12,075,000.00. Following the completion of the sale, the insider now owns 694,487 shares in the company, valued at approximately $55,906,203.50. The trade was a 17.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Willem A. Meintjes sold 1,500 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $73.87, for a total transaction of $110,805.00. Following the completion of the sale, the chief financial officer now owns 111,753 shares of the company’s stock, valued at approximately $8,255,194.11. This represents a 1.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 267,000 shares of company stock worth $20,899,260 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marvell Technology

Several large investors have recently modified their holdings of the business. State Street Corp raised its holdings in shares of Marvell Technology by 0.3% in the 3rd quarter. State Street Corp now owns 19,943,655 shares of the semiconductor company’s stock valued at $1,438,336,000 after purchasing an additional 68,893 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Marvell Technology by 24.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,623,872 shares of the semiconductor company’s stock worth $812,509,000 after buying an additional 2,254,610 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Marvell Technology by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 11,388,139 shares of the semiconductor company’s stock worth $818,916,000 after buying an additional 219,692 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Marvell Technology by 4.3% in the 3rd quarter. Wellington Management Group LLP now owns 8,694,320 shares of the semiconductor company’s stock worth $627,034,000 after buying an additional 359,005 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in shares of Marvell Technology by 26.6% in the 3rd quarter. Van ECK Associates Corp now owns 7,471,823 shares of the semiconductor company’s stock worth $538,868,000 after buying an additional 1,570,050 shares during the last quarter. 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.