Marvell Technology, Inc. (MRVL)
| Market Cap | 76.84B |
| Revenue (ttm) | 5.28B |
| Net Income (ttm) | -965.90M |
| Shares Out | 866.20M |
| EPS (ttm) | -1.12 |
| PE Ratio | n/a |
| Forward PE | 43.52 |
| Dividend | $0.24 (0.27%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 7,072,327 |
| Open | 88.00 |
| Previous Close | 87.83 |
| Day's Range | 87.36 - 89.78 |
| 52-Week Range | 50.35 - 95.09 |
| Beta | 1.44 |
| Analysts | Strong Buy |
| Price Target | 91.93 (+3.63%) |
| 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 28 analysts, the average rating for MRVL stock is "Strong Buy." The 12-month stock price forecast is $91.93, which is an increase of 3.63% from the latest price.
News
Chip stocks: What sets Marvell Technology apart from ASML
While Wall Street patiently awaits Nvidia's (NVDA) third quarter earnings due out this Wednesday, what are other viable semiconductor stocks for investors seeking to explore the industry? Spear Invest...
Marvell: Seizing AI Opportunities While Non-AI Segments Show Signs Of Resurgence
Marvell's stock has risen 18% since my last recommendation in July, driven by growth in the AI infrastructure market. The company aims to capture 20% of the $40 billion custom AI chip market, with sig...
Marvell's AI Revenue Targets Now Look Conservative
Marvell Technology's strong Q2 results and ambitious AI revenue targets signal significant growth potential, driven by robust demand in the data center infrastructure market. MRVL has secured key hype...
Marvell Technology, Inc. Announces Conference Call to Review Third Quarter of Fiscal Year 2025 Financial Results
SANTA CLARA, Calif. , Nov. 5, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call follow...
5 Chip Stocks to Buy on the Dip
Volatility in the semiconductor sector can give opportunities for investors.
Broadcom, Marvell Set To Lead In 2025 As Sector Is 'At The Cusp Of A Semiconductor Up-Cycle,' Says Analyst
As the tech world navigates 2024, JPMorgan analyst Harlan Sur has one clear message for stock investors: semiconductors are back in the driver's seat.
Marvell Technology Q3 Preview: Expecting Strong Growth In Custom Silicon, Upgrade
I am upgrading to a “Strong Buy” rating on Marvell Technology, driven by their custom silicon products supporting Amazon's Trainium AI chips and Alphabet's AI developments. Amazon's Trainium2, support...
Cramer's Mad Dash: Marvell Technology
CNBC's Jim Cramer delivers his daily Mad Dash.
Marvell Demonstrates Industry-Leading 3nm PCIe Gen 7 Connectivity for Accelerated Infrastructure at OCP 2024
Extends PAM4 Connectivity Leadership to Scale Next Generation AI Server Compute Fabrics SANTA CLARA, Calif. , Oct. 15, 2024 /PRNewswire/ -- OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL),...
Three reasons why Marvell Technologies stock is poised for a rally
Marvell Technologies is working with big tech to price custom ASIC solutions. This sets up the company well if the tech companies decide to scale up their new AI projects.
Marvell Delivers Custom Ethernet Network Interface Controller Solution at Open Compute Project
SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the dev...
Marvell to Showcase Accelerated Infrastructure for AI at 2024 OCP Global Summit
Data Center Portfolio Powers the Next Generation of AI and Cloud SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data ...
Marvell's Custom Silicon Strategy: Powering The AI Surge
Marvell's data center revenue soared 92% year-over-year in Q2, now making up 69% of total revenue. Marvell capitalizes on AI demand with custom silicon solutions, targeting a $421 billion AI market by...
Marvell: Well-Poised For A Major AI Upcycle
Marvell Technology's AI networking and custom compute chips are well-positioned to bolster its AI growth inflection prospects. It faces tough competition against Broadcom while attempting to gain more...
Marvell Technology: The Turnaround We Have Been Waiting For Is Finally Here
Marvell's diverse end markets provide diversification, but until this last quarter, the strong data center growth has been more than offset by weakness in other end markets. With management confidentl...
Marvell Technology Inc (MRVL) Trading 3.26% Higher on Oct 2
Shares of Marvell Technology Inc (MRVL, Financial) surged 3.26% in mid-day trading on Oct 2. The stock reached an intraday high of $72.87, before settling at $72.60, up from its previous close of $70....
Marvell Technology: It's Time To Get More Constructive (Rating Upgrade)
Marvell Technology's stock has not made a great deal of progress since we last covered it and is effectively down by 9%. We are now revising our rating from a HOLD to a BUY. The AI-related momentum is...
Qualcomm, Broadcom, Marvell Stocks Rise. The AI Run Gets Boost After Micron's Strong Outlook.
Chip stocks rose Thursday on the back of Micron's AI demand outlook.
Marvell Technology: All Clear For EBITDA Growth To Take Off
I reiterate a buy rating for Marvell Technology (MRVL) due to expected growth acceleration and EBITDA margin expansion. The Data Center segment's revenue grew 7.9% sequentially, and with no signs of s...
NVDA, MRVL, AVGO: Names to Watch in the Semiconductor Space
Jim Kelleher believes Nvidia (NVDA) is so big "they're dragging the whole sector behind." However, he and Angelo Zino agree there's other names to keep an eye on as the A.I.
Marvell to Showcase Optical Interconnect Innovations for Accelerated Infrastructure at ECOC 2024
Delivering Breakthrough Technologies Designed to Meet the Rising Demand for Bandwidth Across AI-Driven Data Centers and Networks SANTA CLARA, Calif. , Sept. 20, 2024 /PRNewswire/ -- ECOC 2024 – Marv...
Marvell Technology's billionaire co-founder, Sehat Sutardja, has died
The Indonesia born billionaire led Marvell Technology to become one of the world's largest chipmakers before stepping down from the company he co-founded after being accused of fraud
Nasdaq, Marvell Technology And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed lower by around 0.5% during Monday's session. Investors, meanwhile, focused on some notable insider trades.
Semiconductor Smackdown: Broadcom Vs. Micron Vs. Marvell
In the race for semiconductor supremacy, three giants stand tall: Broadcom Inc AVGO, Micron Technology Inc MU, and Marvell Technology Inc MRVL.
Marvell Technology, Inc. Declares Quarterly Dividend Payment
SANTA CLARA, Calif. , Sept. 13, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 31, 2024 to sha...