Marvell Technology, Inc. (MRVL)

NASDAQ: MRVL · Real-Time Price · USD
124.76
+7.18 (6.11%)
At close: Jan 17, 2025, 4:00 PM
125.51
+0.75 (0.60%)
After-hours: Jan 17, 2025, 7:53 PM EST
6.11%
Market Cap 107.95B
Revenue (ttm) 5.38B
Net Income (ttm) -1.48B
Shares Out 865.30M
EPS (ttm) -1.71
PE Ratio n/a
Forward PE 48.26
Dividend $0.24 (0.19%)
Ex-Dividend Date Jan 10, 2025
Volume 14,801,158
Open 120.00
Previous Close 117.58
Day's Range 119.41 - 125.37
52-Week Range 53.19 - 126.15
Beta 1.41
Analysts Strong Buy
Price Target 117.04 (-6.19%)
Earnings Date Mar 6, 2025

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]

Industry Semiconductors
Sector Technology
IPO Date Jun 27, 2000
Employees 6,577
Stock Exchange NASDAQ
Ticker Symbol MRVL
Full Company Profile

Financial Performance

In 2023, Marvell Technology'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 Statements

Analyst Forecast

According to 29 analysts, the average rating for MRVL stock is "Strong Buy." The 12-month stock price forecast is $117.04, which is a decrease of -6.19% from the latest price.

Price Target
$117.04
(-6.19% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Marvell Technology: A High-Growth AI Powerhouse Heading Into 2025

Marvell Technology stands out as a leader in the transition to custom silicon AI, offering efficient and cost-effective solutions. With data center products comprising 73% of Q3 revenue and a 98% YoY ...

4 hours ago - Seeking Alpha

Marvell Technology, Inc. To Host Investor Day

SANTA CLARA, Calif. , Jan. 16, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will host its Investor Day in N...

4 days ago - PRNewsWire

Nordea, Parisi Gray, Graypoint Load Up On Marvell Technology Shares, IAIM Dilutes 98% In Q4: Here's What MRVL's Technical Analysis Says

Wealth management companies have loaded up on Marvell Technology Inc.'s MRVL shares in the fourth quarter as it achieved a significant milestone with its new chip. Technical analysis of daily moving a...

5 days ago - Benzinga

These 2 AI chip stocks could outperform Nvidia in 2025: should you invest now?

Nvidia has turned into more of an obsession for investors in search of outsized returns. The artificial intelligence darling contributed the most to the S&P 500's overall returns in 2024 – and NVDA re...

Other symbols: AVGO
5 days ago - Invezz

The 3 Best Chip Stocks to Buy for 2025, According to an Analyst

Broadcom is Jefferies' top pick among chip stocks.

Other symbols: AVGONVDA
6 days ago - Barrons

Marvell's Inflection Is Here - Fade The Rally Before Buying

It is apparent that MRVL's AI monetization is merely delayed compared to its early-winner chip peers, as observed in the FQ3'25 data center revenue growth by +98.1% YoY. Much of the tailwinds are also...

6 days ago - Seeking Alpha

Marvell Likely To Upgrade Its $2.5B AI Revenue Target

Marvell Technology is poised to exceed its $1.5 billion AI revenue target for FY25, driven by strong demand from hyperscaler customers like Amazon. The company is targeting $2.5 billion in FY26AI reve...

6 days ago - Seeking Alpha

Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum

Needham analyst N. Quinn Bolton noted 2024's divergence of the fortunes of semiconductor companies exposed to different end markets.

Other symbols: AVGONVDA
7 days ago - Benzinga

Nvidia, Marvell, Synopsys Demonstrate AI Leadership And Strong Chip Design Momentum: Analyst

Companies exposed to artificial intelligence and accelerated computing have continued to see their end demand and visibility strengthen.

Other symbols: NVDASNPS
9 days ago - Benzinga

MRVL Stock Has Gained Over 7% In Last Five Sessions As Marvell Technology's New Chip Boosts AI Server Performance: Here's What Technical Analysis Says

Shares of Marvell Technology Inc MRVL have risen by 7.04% over the last five trading sessions as the semiconductor manufacturer said that its XPU chip with a new update accelerates the performance of ...

11 days ago - Benzinga

NVDA's "Kingmaker" Role in Tech, AVGO & MRVL Key A.I. Players

CFRA's Angelo Zino notes success in Nvidia (NVDA) CEO Jensen Huang's speech at CES 2025, saying the company will play a part in many industries inside and outside of tech. He sees Nvidia as a "kingmak...

Other symbols: AVGONVDA
11 days ago - Schwab Network

Marvell Stock Gains as Custom AI Chips Boost Performance

Marvell Technology (MRVL) shares climbed Monday after the company said its artificial intelligence (AI) accelerator chips (XPUs) are now better able to increase the performance of AI servers.

13 days ago - Investopedia

A.I. "Leaders Will Continue to Lead," AVGO & MRVL Top Growers

Shana Sissel doesn't think a Santa Claus rally was necessary this year, noting dip-buying opportunities traders took advantage of into 2025. She believes tech will continue to lead with names like Bro...

Other symbols: AVGO
13 days ago - Schwab Network

Marvell Announces Breakthrough Co-Packaged Optics Architecture for Custom AI Accelerators

New Marvell AI accelerator (XPU) architecture enables higher bandwidth and longer reach scale-up fabric connections for custom AI servers. XPUs with integrated Co-Packaged Optics (CPO) enhance AI serv...

14 days ago - PRNewsWire

10-20% Market Pullback Possible, MRVL's A.I. Climb, MSTR "Oversold"

Eddy Gifford says he likes to see pullbacks but not corrections for market dip-buying opportunities. He believes a 10 to 20% market pullback is possible as the U.S. braces for a change in president ad...

Other symbols: MSTR
16 days ago - Schwab Network

2024 Year in Review: NVDA A.I. Leadership, AVGO's Rally & MRVL Excitement

You know Nvidia (NVDA) if you had any involvement in the markets throughout 2024. The A.I. giant dominated the trading floor and became inseparable from the tech sector.

Other symbols: AVGONVDA
21 days ago - Schwab Network

Nvidia, Broadcom, Marvell: Tech trends to watch in 2025

The tech sector (XLK) has gained 25% since the start of 2024, driven by gains related to artificial intelligence (AI). Bokeh Capital Partners, founder and chief investment officer Kimberly Forrest, jo...

Other symbols: AVGONVDA
21 days ago - Yahoo Finance

Marvell: To Join The Big Boys Club - Reiterating Buy

We reiterate our buy rating on Marvell Technologies considering its position in the next big thing in AI: custom ASIC. Marvell's expanded agreement with Amazon AWS and its AI custom ASICs position sho...

4 weeks ago - Seeking Alpha

Marvell Technology Stock Gets a Higher Price Target on AI Chip Opportunity

The company can grow its revenue by 25% per year for the next three to four years, Raymond James says.

4 weeks ago - Barrons

Broadcom and Marvell are a growing threat to Nvidia as AI-chip needs evolve

Both Broadcom and Marvell have talked about big potential opportunities for their custom ASIC chips.

Other symbols: AVGONVDA
4 weeks ago - Market Watch

Do Custom AI Chips Make Marvell Stock A Buy?

Marvell Technology, a semiconductor company specializing in integrated circuits tailored for the data center space, saw its stock jump by 10% in Friday's trading amid optimism about demand for the com...

5 weeks ago - Forbes

Marvell Technology, Inc. Declares Quarterly Dividend Payment

SANTA CLARA, Calif. , Dec. 13, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 30, 2025 to shar...

5 weeks ago - PRNewsWire

Options Corner: AMZN, MRVL, TSM

Big Tech and retail giants go under the microscope of today's Options Corner. Tom White looks into the unusual market activity behind Amazon (AMZN), Marvell (MRVL), and TSMC (TSM).

Other symbols: AMZNTSM
5 weeks ago - Schwab Network

Marvell Technology: Top Pick For AI Growth

Marvell Technology's data center growth surged in Q3'25, with a 98% increase driven by AI demand, setting a strong foundation for eFY26. A major restructuring in Q3'25 refocused Marvell on data center...

5 weeks ago - Seeking Alpha

AMD, Broadcom, Marvell Are in Nvidia's Wake. This One Can Take Second Spot.

There's no question which company rules the semiconductor space—but a fight is ramping up over who comes next.

Other symbols: AMDAVGONVDA
5 weeks ago - Barrons