Zacks Research Has Optimistic Outlook of MRVL Q1 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL) – Investment analysts at Zacks Research lifted their Q1 2027 earnings estimates for Marvell Technology in a report issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $0.63 per share for the quarter, up from their previous estimate of $0.58. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.73 EPS and FY2028 earnings at $3.49 EPS.

Other equities research analysts have also recently issued reports about the company. William Blair raised Marvell Technology to a “strong-buy” rating in a research note on Wednesday, February 5th. Citigroup dropped their target price on Marvell Technology from $136.00 to $122.00 and set a “buy” rating for the company in a report on Thursday, March 6th. Melius assumed coverage on Marvell Technology in a report on Monday, January 27th. They set a “buy” rating and a $188.00 price target on the stock. StockNews.com raised shares of Marvell Technology from a “sell” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, Needham & Company LLC reduced their target price on shares of Marvell Technology from $120.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Three equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $120.44.

Marvell Technology Stock Performance

Marvell Technology stock opened at $70.39 on Friday. The company’s 50-day moving average price is $99.06 and its 200-day moving average price is $93.52. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. The company has a market cap of $60.96 billion, a PE ratio of -41.41, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. Marvell Technology has a twelve month low of $53.19 and a twelve month high of $127.48.

Hedge Funds Weigh In On Marvell Technology

A number of large investors have recently added to or reduced their stakes in MRVL. True Wealth Design LLC grew its position in shares of Marvell Technology by 1,481.8% in the 3rd quarter. True Wealth Design LLC now owns 348 shares of the semiconductor company’s stock worth $25,000 after buying an additional 326 shares during the last quarter. ORG Partners LLC boosted its stake in Marvell Technology by 175.3% in the fourth quarter. ORG Partners LLC now owns 234 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 149 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in Marvell Technology in the fourth quarter worth $26,000. Rialto Wealth Management LLC acquired a new position in shares of Marvell Technology during the fourth quarter worth $27,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Marvell Technology during the 4th quarter valued at $33,000. 83.51% of the stock is currently owned by institutional investors.

Insider Activity

In other Marvell Technology news, EVP Mark Casper sold 2,500 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $113.00, for a total transaction of $282,500.00. Following the completion of the sale, the executive vice president now owns 24,706 shares in the company, valued at $2,791,778. This represents a 9.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of Marvell Technology stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $118.33, for a total value of $177,495.00. Following the completion of the transaction, the chief financial officer now owns 111,211 shares in the company, valued at $13,159,597.63. This represents a 1.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 37,685 shares of company stock worth $4,026,768. Corporate insiders own 0.33% of the company’s stock.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 11th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.34%. Marvell Technology’s dividend payout ratio is presently -23.53%.

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.