Brokers Set Expectations for MRVL Q1 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL) – Analysts at B. Riley issued their Q1 2027 earnings per share estimates for shares of Marvell Technology in a research report issued to clients and investors on Thursday, March 6th. B. Riley analyst C. Ellis forecasts that the semiconductor company will post earnings per share of $0.56 for the quarter. B. Riley has a “Buy” rating and a $135.00 price target on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. B. Riley also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.71 EPS and Q4 2027 earnings at $0.78 EPS.

A number of other analysts have also recently issued reports on the company. Stifel Nicolaus lowered their target price on Marvell Technology from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday. Needham & Company LLC lowered their price objective on shares of Marvell Technology from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday. KeyCorp cut their price objective on shares of Marvell Technology from $135.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday. StockNews.com upgraded Marvell Technology from a “sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, Bank of America dropped their price target on Marvell Technology from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $121.68.

Marvell Technology Stock Down 2.0 %

Shares of Marvell Technology stock opened at $70.84 on Monday. Marvell Technology has a 1 year low of $53.19 and a 1 year high of $127.48. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.60 and a quick ratio of 1.11. The company has a market capitalization of $61.30 billion, a P/E ratio of -41.67, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The business has a 50-day moving average of $108.27 and a two-hundred day moving average of $94.00.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, January 10th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.34%. Marvell Technology’s payout ratio is -23.53%.

Insider Transactions at Marvell Technology

In other Marvell Technology news, EVP Chris Koopmans sold 6,000 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $122.50, for a total value of $735,000.00. Following the transaction, the executive vice president now directly owns 97,244 shares of the company’s stock, valued at $11,912,390. This represents a 5.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brad W. Buss acquired 3,000 shares of Marvell Technology stock in a transaction dated Friday, March 7th. The shares were purchased at an average price of $69.00 per share, with a total value of $207,000.00. Following the acquisition, the director now owns 87,113 shares of the company’s stock, valued at approximately $6,010,797. This trade represents a 3.57 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 36,255 shares of company stock worth $4,330,980. 0.33% of the stock is owned by company insiders.

Institutional Trading of Marvell Technology

Hedge funds have recently added to or reduced their stakes in the company. Castle Rock Wealth Management LLC grew its holdings in Marvell Technology by 165.8% in the 4th quarter. Castle Rock Wealth Management LLC now owns 16,283 shares of the semiconductor company’s stock valued at $1,734,000 after buying an additional 10,157 shares in the last quarter. Total Wealth Planning & Management Inc. bought a new stake in shares of Marvell Technology in the fourth quarter valued at about $824,000. Menard Financial Group LLC acquired a new position in shares of Marvell Technology in the fourth quarter valued at about $669,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Marvell Technology in the fourth quarter valued at about $105,450,000. Finally, Chelsea Counsel Co. bought a new position in Marvell Technology during the fourth quarter worth about $44,000. 83.51% of the stock is owned by institutional investors and hedge funds.

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.