Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) – Roth Capital issued their Q1 2027 EPS estimates for shares of Marvell Technology in a report released on Thursday, March 6th. Roth Capital analyst S. Desilva forecasts that the semiconductor company will post earnings per share of $0.57 for the quarter. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.69 EPS and Q4 2027 earnings at $0.71 EPS.
Several other equities research analysts also recently weighed in on the company. UBS Group upped their price target on Marvell Technology from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $140.00 price target on shares of Marvell Technology in a research note on Thursday. Needham & Company LLC dropped their price objective on shares of Marvell Technology from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday. Melius began coverage on shares of Marvell Technology in a research report on Monday, January 27th. They set a “buy” rating and a $188.00 price objective for the company. Finally, Barclays lowered their target price on shares of Marvell Technology from $150.00 to $130.00 and set an “overweight” rating for the company in a research note on Thursday. Three research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and an average price target of $121.68.
Marvell Technology Stock Down 2.0 %
Shares of NASDAQ MRVL opened at $70.84 on Monday. The stock has a market cap of $61.30 billion, a P/E ratio of -41.67, a PEG ratio of 1.61 and a beta of 1.42. The business’s fifty day simple moving average is $108.27 and its 200-day simple moving average is $94.00. Marvell Technology has a 12-month low of $53.19 and a 12-month high of $127.48. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30.
Marvell Technology Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Friday, January 10th were paid a $0.06 dividend. The ex-dividend date was Friday, January 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.34%. Marvell Technology’s dividend payout ratio (DPR) is currently -23.53%.
Insider Activity
In related news, EVP Chris Koopmans sold 6,000 shares of Marvell Technology stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $124.40, for a total value of $746,400.00. Following the transaction, the executive vice president now directly owns 93,931 shares in the company, valued at $11,685,016.40. This trade represents a 6.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $122.50, for a total transaction of $183,750.00. Following the transaction, the chief financial officer now owns 112,711 shares of the company’s stock, valued at approximately $13,807,097.50. The trade was a 1.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,255 shares of company stock valued at $4,330,980. Company insiders own 0.33% of the company’s stock.
Institutional Investors Weigh In On Marvell Technology
Institutional investors have recently added to or reduced their stakes in the business. Zweig DiMenna Associates LLC lifted its holdings in shares of Marvell Technology by 6.3% in the 4th quarter. Zweig DiMenna Associates LLC now owns 213,521 shares of the semiconductor company’s stock valued at $23,583,000 after buying an additional 12,700 shares during the period. Berbice Capital Management LLC purchased a new position in Marvell Technology in the fourth quarter worth $637,000. RFG Advisory LLC lifted its holdings in Marvell Technology by 6.2% in the fourth quarter. RFG Advisory LLC now owns 42,621 shares of the semiconductor company’s stock valued at $4,708,000 after acquiring an additional 2,507 shares during the period. Braun Stacey Associates Inc. purchased a new stake in shares of Marvell Technology during the 3rd quarter worth $16,435,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Marvell Technology by 2.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,261,887 shares of the semiconductor company’s stock worth $235,247,000 after purchasing an additional 66,654 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.
About Marvell Technology
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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