Marvell Technology, Inc. (MRVL)
| Market Cap | 66.04B |
| Revenue (ttm) | 5.28B |
| Net Income (ttm) | -965.90M |
| Shares Out | 866.20M |
| EPS (ttm) | -1.12 |
| PE Ratio | n/a |
| Forward PE | 37.34 |
| Dividend | $0.24 (0.31%) |
| Ex-Dividend Date | Jul 12, 2024 |
| Volume | 31,682,044 |
| Open | 78.30 |
| Previous Close | 69.84 |
| Day's Range | 72.71 - 79.00 |
| 52-Week Range | 46.07 - 85.76 |
| Beta | 1.46 |
| Analysts | Strong Buy |
| Price Target | 91.74 (+20.33%) |
| Earnings Date | Aug 29, 2024 |
About MRVL
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. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits. The company also provides el... [Read more]
Financial Performance
In 2023, MRVL's revenue was $5.51 billion, a decrease of -6.96% compared to the previous year's $5.92 billion. Losses were -$933.40 million, 470.9% more than in 2022.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for MRVL stock is "Strong Buy." The 12-month stock price forecast is $91.74, which is an increase of 20.33% from the latest price.
News
Marvell stock: Could MRVL be the next big thing in AI?
Marvell Technology Inc (NASDAQ: MRVL) is emerging as a major player in the artificial intelligence sector, according to Ivana Delevska, founder and chief investment officer of Spear Invest. With share...
Marvell Technology Posts First Beat-And-Raise In 5 Quarters: Analysts Focus On 'Solid AI Story'
Marvell Technology Inc MRVL shares climbed in early trading on Friday, after the company reported upbeat second-quarter sales.
Marvell Technology Stock Surges on Better-Than-Expected Sales, Boosted by AI Demand
Marvell Technology (MRVL) shares surged nearly 5% in early trading Friday after the maker of networking circuits posted better-than-expected quarterly sales, driven by demand for equipment to support ...
MRVL, LULU & ULTA Report Earnings, INTC Considers Business Split
Tech continues to beat in earnings thanks to Marvell (MRVL), while athleisure and cosmetics take a hit from Lululemon's (LULU) and ULTA Beauty's (ULTA) miss. Intel (INTC) generated investor buzz as it...
Marvell Turns Corner on AI Chip Demand. Its Earnings are Positive for Rival Broadcom.
The company's stock was lifted after it posted upbeat numbers, which should bode well for its chief rival.
Marvell Technology, Inc. (MRVL) Q2 2025 Earnings Call Transcript
Marvell Technology, Inc. (NASDAQ:MRVL) Q2 2025 Earnings Call Transcript August 29, 2024 4:45 PM ET Company Participants Ashish Saran - SVP of IR Matt Murphy - Chairman and CEO Willem Meintjes - CFO C...
Chipmaker Marvell Tech beats quarterly revenue estimates amid AI surge
Chipmaker Marvell Technology surpassed expectations for quarterly revenue and forecast third-quarter results above Wall Street estimates on Thursday, on the back of strong demand for its electro-optic...
Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2025 Financial Results
Q2 Net Revenue: $1.273 billion, declined by (5)% year-on-year Q2 Gross Margin: 46.2% GAAP gross margin; 61.9% non-GAAP gross margin Q2 Diluted income (loss) per share: $(0.22) GAAP diluted loss per sh...
What You Need To Know Ahead of Marvell Technology's Earnings Report
UPDATE—Aug. 29, 2024: This article has been updated to reflect more recent share price information.
How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q2 Earnings
Marvell Technology, Inc. MRVL is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 29.
Marvell Looking To Leverage Expertise In Electro-Optics And Custom Silicon To Stake Claim In AI Boom
AI-driven Data Center has been the lone bright spot for Marvell, as the rest of the business has been hit hard by the cyclical semiconductor correction. I see some room for upside in the coming FQ2 re...
Marvell Technology: EPS Turnaround Ahead, Q2 Report On Tap
I.T. sector P/E recovers back near 30x, driven by optimism around AI trade. Marvell Technology is seen benefiting from AI in the years ahead, with the potential for AI to represent 40% of revenue by F...
Marvell to Showcase Latest Cloud Storage and CXL Memory Technologies at FMS 2024
Awarded Most Innovative Sustainability Technology for Marvell® Structera™ X CXL Memory-Expansion Controller SANTA CLARA, Calif. , Aug. 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), ...
Microsoft Integrates Marvell NIST FIPS 140-3 Level-3 Compliant LiquidSecurity HSMs into Azure Key Vault and Managed HSM Services
SANTA CLARA, Calif. , Aug. 6, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that Microsoft—which extensively us...
Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2025 Financial Results
SANTA CLARA, Calif. , Aug. 5, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call follow...
Marvell Introduces Breakthrough Structera CXL Product Line to Address Server Memory Bandwidth and Capacity Challenges in Cloud Data Centers
New product line is the industry's first to integrate Arm® Neoverse® processors, inline compression, and four memory channels. Structera ™ A CXL near-memory accelerator family is optimized to address ...
Marvell Announces Immediate Availability of Open Ecosystem Software for Teralynx 10 51.2T Switch
Marvell ® Teralynx ® 10 switch now available in Linux Foundation's open-source SONiC, capitalizing on market shift to open network platforms SANTA CLARA, Calif. , July 25, 2024 /PRNewswire/ -- Marvell...
Marvell Teralynx 10 51.2T Ethernet Switch Enters Volume Production for Global AI Cloud Deployments
Unique architecture delivers high bandwidth, low latency, low power and programmability in a single platform for optimized cloud AI deployments. Seamless support for open network operating system soft...
Marvell's AI Chip Story Has More Upside Ahead
Marvell's AI Chip Story Has More Upside Ahead
Broadcom, Marvell, and 3 Other Chip Stocks to Play AI, Says J.P. Morgan
J.P. Morgan analyst Harlan Sur favors Broadcom, Marvell Technology, Micron Technology, Analog Devices, and Microchip Technology.
5 Semiconductor Stocks Set For Explosive Growth In Second Half 2024, Says JPMorgan: Nvidia Not Included
In the fiercely competitive semiconductor industry, Nvidia Corp often captures the spotlight with its groundbreaking AI advancements. However, the industry's next major winners might not be the usual ...
Marvell Technology: Analyzing Potential Upside Of AI, Recovery Of Other Businesses
Marvell Technology stock has lagged behind the S&P 500 since my last Buy recommendation. The company's Data Center segment performed well in Q1 FY 2025, but other segments dragged down total revenue. ...
Marvell could double its revenue from here, says Goldman Sachs' Sung Cho
Sung Cho, Goldman Sachs management of public tech investing, joins 'Closing Bell' to discuss why he believes there is more upside in the tech sector.
Marvell Technology: Severely Underappreciated In Round #2 Of AI Chip Wars
Marvell Technology is underperforming in the market, but has potential for valuation expansion due to changing demand in data center market. Marvell's data center revenue is at an all-time high, benef...
AMD Inventory Headwinds & Robust MRVL Demand
AMD's (AMD) takeaways from Asia are mixed, according to a Keybanc analyst. The analyst also highlights that Marvell's (MRVL) feedback indicates demand for optical networking is robust across all segme...