Marvell Technology, Inc. (MRVL)
| Market Cap | 61.98B |
| Revenue (ttm) | 5.35B |
| Net Income (ttm) | -980.10M |
| Shares Out | 865.60M |
| EPS (ttm) | -1.13 |
| PE Ratio | n/a |
| Forward PE | 49.58 |
| Dividend | $0.24 (0.34%) |
| Ex-Dividend Date | Jul 12, 2024 |
| Volume | 5,969,742 |
| Open | 70.79 |
| Previous Close | 71.00 |
| Day's Range | 69.86 - 71.73 |
| 52-Week Range | 46.07 - 85.76 |
| Beta | 1.45 |
| Analysts | Strong Buy |
| Price Target | 88.59 (+23.73%) |
| Earnings Date | Aug 22, 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 $88.59, which is an increase of 23.73% from the latest price.
News
AAPL, MRVL, AVGO: How Gen A.I. Impacts Networking Stocks
How does Apple's (AAPL) push in to generative A.I. impact the next iPhone cycle?
Marvell Extends Connectivity Leadership With Industry's First 1.6T PAM4 DSP for Active Electrical Cables
New Alaska ® A 1.6T PAM4 DSP for copper interconnects is built on Marvell industry-leading 5nm PAM4 technology. Addresses the growing need for 200G/lane I/O to handle AI accelerator and GPU bandwidth ...
11 favored semiconductor stocks expected to outperform Nvidia over the next year
Nvidia Corp. dominates coverage of the semiconductor industry, and this will continue as long as this company keeps blowing past even its own expectations for sales and profits each quarter. But there...
Marvell Technology, Inc. Declares Quarterly Dividend Payment
SANTA CLARA, Calif. , June 21, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on July 31, 2024 to shareho...
Broadcom's Cutting-Edge AI Networking Technology Leaves Nvidia, Marvell, Cisco Behind: JPMorgan
Broadcom Inc. (NASDAQ) is not only holding its position in the datacenter and AI Ethernet switching market but is also making significant strides forward. With its stock currently trading at $1,735.04...
Marvell (MRVL) Remains a Strong Chip Stock
Marvell (MRVL) remains a strong chip maker overall even though quarterly results were mixed, notes Michael Robinson. He and Greg Halter discuss the takeaways from Marvell's earnings.
Bullish on Dell (DELL) & Marvel (MRVL) After Earnings
Dell's (DELL) 1Q adjusted EPS came in at $1.27 and revenue came in at $22.24B. Darin Tuttle discusses Dell as its 1Q optimized server orders came in at $2.6B.
Marvell's Q1 Struggles in Other Divisions Outweigh AI, Data Center Growth
Marvell Technology's (MRVL) first-quarter fiscal 2025 report released after the bell Thursday showed that struggles in most areas of business offset an 87% year-over-year jump in data center revenue.
Marvell earnings display big AI revenue boost, but other areas still challenged
Marvell Technology Inc. rode artificial-intelligence demand to strong growth in its data-center business for the most recent quarter, but shares fell in the extended session as other businesses contin...
Marvell's (MRVL) Position in the Semiconductor Space
Marvell (MRVL) reports earnings this afternoon. Kevin Green discusses what to watch when Marvell reports.
Marvell Technology misses first-quarter revenue estimates
Chipmaker Marvell Technology missed Wall Street expectations for first-quarter revenue on Thursday, hurt by weak client spending in its wireless carrier and enterprise markets.
Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results
Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-year Q1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross margin Q1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per s...
Trading Strategies For Marvell Stock Post Q1 Print, A Top Holding In Spear Alpha ETF (SPRX) - Marvell Tech (NASDAQ:MRVL)
Marvell Technology, Inc MRVL was moving slightly higher on Thursday ahead of its first-quarter earnings print set to take place after the market closes.
Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure
Built on Marvell industry-leading 5nm PAM4 technology, new Alaska ® P PCIe retimer product line scales connections between AI accelerators, GPUs, CPUs and other components inside servers. Higher compu...
What You Need To Know Ahead of Marvell Technology's Earnings Report
Marvell Technology (MRVL) is set to report earnings for the first quarter of its 2025 fiscal year after the bell on Thursday, with investors likely watching for growth in the company's data center seg...
Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom
Hedge funds started cutting their stakes in the Magnificent Seven in the first quarter of 2024 and investing in broader artificial intelligence stocks instead, a new Goldman Sachs analysis shows.
Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
Nvidia Stock Will Lift These Other AI Chip Makers, Says Analyst
Jefferies analysts are upbeat on the artificial-intelligence outlook for Astera Labs, Marvell, Broadcom, and AMD, along with top pick Nvidia.
Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2025 Financial Results
SANTA CLARA, Calif. , May 6, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call followi...
Marvell Appoints Rick Wallace and Daniel Durn to its Board of Directors
SANTA CLARA, Calif. , April 29, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, has appointed Rick Wallace, President and Chief E...
GM Recognizes Marvell With 2023 Overdrive Award For Its Automotive Ethernet Technology
Marvell® Brightlane™ end-to-end Ethernet portfolio enabling connectivity inside GM vehicles SANTA CLARA, Calif. , April 23, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in da...
China remains crucial for U.S. chipmakers as tensions between the world's top two economies rise
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.
Can Marvell Compete With Nvidia? AI Era Event Sheds Light
It's been a monster year for Nvidia NVDA. The pioneering chipmaker has become the hottest stock in a hot tech market driven by the rapid adoption of Artificial Intelligence (AI) technology. Nvidia is ...
Marvell wins new AI chip business, but at lower margins
Marvell Technology on Thursday said it has won new business helping large U.S.-based cloud computing firms make custom chips for artificial intelligence but that its custom unit carries lower margins ...
Look beyond Nvidia as these three AI-chip stocks win praise from BofA
Nvidia Corp. and Broadcom Inc. shares are BofA's leading ways to play the artificial-intelligence trend within the chip sector, but several other players could carve out a “profitable niche.”