Marvell Technology, Inc. (MRVL)
| Market Cap | 94.63B |
| Revenue (ttm) | 5.38B |
| Net Income (ttm) | -1.48B |
| Shares Out | 865.30M |
| EPS (ttm) | -1.71 |
| PE Ratio | n/a |
| Forward PE | 42.45 |
| Dividend | $0.24 (0.22%) |
| Ex-Dividend Date | Jan 10, 2025 |
| Volume | 3,272,971 |
| Open | 107.98 |
| Previous Close | 109.11 |
| Day's Range | 107.37 - 110.47 |
| 52-Week Range | 53.19 - 126.15 |
| Beta | 1.46 |
| Analysts | Strong Buy |
| Price Target | 111.07 (+1.56%) |
| Earnings Date | Dec 3, 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, 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 StatementsAnalyst Forecast
According to 30 analysts, the average rating for MRVL stock is "Strong Buy." The 12-month stock price forecast is $111.07, which is an increase of 1.56% from the latest price.
News
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.
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.
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...
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...
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).
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...
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.
Marvell Unveils Industry's First Coherent-lite 1.6 Tbps O-band-optimized DSP for Data Center Campus Connectivity
New Aquila DSP Delivers Cost, Power, and Scalability for 2 km to 20 km Connectivity, Extending Marvell Optical Interconnect Leadership SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Techn...
Marvell Introduces 1.6 Tbps LPO Chipset to Enable Optical Short-reach, Scale-up Compute Fabric Interconnects
Addresses the Speed and Reach Limitations of Passive, Direct-attached Copper (DAC) Cables SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in dat...
Marvell Announces Breakthrough Custom HBM Compute Architecture to Optimize Cloud AI Accelerators
New Marvell AI accelerator (XPU) architecture enables up to 25% more compute, 33% greater memory while improving power efficiency. Marvell collaborating with Micron, Samsung and SK hynix on custom hig...
Why Marvell Stock Grew 2x This Year?
Marvell Technology, a semiconductor company specializing in integrated circuits tailored for the data center space, has had a remarkable year. The stock has soared nearly 90% year-to-date, with its ma...
Meet the Small AI Chip Maker Now More Valuable Than Intel
Marvell's role in helping tech titans create their own data center chips has boosted its revenue—and valuation.
Dow Settles Above 45,000 For First Time As Salesforce, Marvell Surge: Investor Sentiment Improves, Fear Index In 'Greed' Zone
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI'
Marvell Technology's (MRVL) stock rise topped all Nasdaq 100 gainers Wednesday after the chipmaker posted a current-quarterly forecast that significantly exceeded Wall Street expectations.
Marvell Technology Reaches $100 Billion Valuation After Earnings Beat And Amazon Deal
Shares of Marvell Technology surged to a record high on Wednesday, as the semiconductor firm eclipsed a market capitalization of $100 billion for the first time after reporting better-than-expected ea...
3-Stock Lunch: Marvell Technology, Campbell's & Chewy
Eva Ados, ERShares COO and chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
MRVL Shows Data Centers Critical to Fuel A.I. Future
@MarketRebellion's Marc X. LoPresti says the market is finally realizing that the explosion of new data centers for A.I.
Marvell stock rallying over 20% on Q4 guidance, AI
Marvell Technology (MRVL) rallies 20% higher after beating third quarter earnings estimates in conjunction with its positive fourth quarter and full-year guidance. Catalysts Seana Smith and Madison Mi...
MRVL's Strong A.I. Positioning, Poised for More Gains
Marvell (MRVL) soared to a new all-time high after posting a strong earnings beat and guidance. William Kerwin says the company has established an optimal chip portfolio for GPUs, while David Nicholso...
Marvell Technology Posts Solid Q3 Beat: Analysts Raise Forecasts, Expect 40%-50% Earnings Growth
Shares of Marvell Technology Inc MRV climbed in early trading on Wednesday, after the company reported upbeat earnings for the third quarter.
Marvell stock analysis: overvalued or undervalued?
Marvell Technology Inc (NASDAQ: MRVL) says continued strength in its custom AI chips business helped it beat Street estimates in its third financial quarter. Shares of the semiconductor behemoth have ...
Marvell Stock Rises. Why It's an Alternative to Nvidia in the AI Chip Trade.
Shares were up 20% on Wednesday as Wall Street analysts welcomed the chip designer's earnings for the October quarter.
Marvell Q3: Lofty Expectations Could Burn Investors (Downgrade)
Marvell Technology delivered a stunning beat-and-raise in its fiscal Q3 earnings release. Marvell Technology has made significant strides toward its $75B market opportunity as the AI growth inflection...