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Marvell Technology, Inc. (MRVL)

NASDAQ: MRVL · IEX Real-Time Price · USD
65.50
-0.15 (-0.23%)
After-hours:Oct 15, 2021 7:45 PM EDT
65.65
0.36 (0.55%)
At close: Oct 15, 4:00 PM
Market Cap54.07B
Revenue (ttm)3.46B
Net Income (ttm)-371.04M
Shares Out821.06M
EPS (ttm)-0.52
PE Ration/a
Forward PE31.06
Dividend$0.24 (0.37%)
Ex-Dividend DateOct 7, 2021
Volume5,971,324
Open66.00
Previous Close65.29
Day's Range65.26 - 66.28
52-Week Range40.75 - 67.19
Beta1.06
AnalystsBuy
Price Target73.48 (+11.9%)
Est. Earnings DateDec 2, 2021

About MRVL

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD)...

IndustrySemiconductors & Semiconductor Equipment
IPO DateJun 27, 2000
Employees5,287
Stock ExchangeNASDAQ
Ticker SymbolMRVL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for MRVL stock is "Buy." The 12-month stock price forecast is 73.48, which is an increase of 11.93% from the latest price.

Price Target
$73.48
(11.93% upside)
Analyst Consensus: Buy

News

Top Wall Street analysts are bullish on these stocks with earnings underway

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Costco and General Motors

Other symbols:COSTGMSONO
2 hours ago - CNBC

Buy This Tech Stock Before It Soars Further

Investor day updates from this tech company indicate that it is about to step on the gas.

1 day ago - The Motley Fool

Marvell Wins 2021 Leading Lights Award for Public Company of the Year

SANTA CLARA, Calif., Oct. 14, 2021 /PRNewswire/ -- Marvell (NASDAQ: MRVL) is pleased to announce that it has been awarded Light Reading's Leading Lights Public Company of the Year.

3 days ago - PRNewsWire

Marvell Announces Industry's First Commercial Switch Platforms with Dent to Accelerate Smart Retail and Enterprise Ed...

SANTA CLARA, Calif., Oct. 12, 2021 /PRNewswire/ -- Marvell (NASDAQ: MRVL) today announced that its Prestera® Ethernet switch platforms incorporating Dent are being deployed by leading enterprise custome...

5 days ago - PRNewsWire

What's Next For Marvell Technology Stock After 8% Rally Last Week?

Marvell Technology Inc. stock has gained 8% in the past week and currently trades at around $65 per share. Additionally, Marvell, a semiconductor technology company, has seen its stock gain almost 8% ov...

6 days ago - Forbes

Marvell Technology, Inc. Announces Results of Senior Notes Exchange

SANTA CLARA, Calif., Oct. 8, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, announced today the final results of the Company's offer to...

1 week ago - PRNewsWire

Why Are Marvell Shares Trading Higher Today?

After the investor day presentation, analysts raised their price targets on Marvell Technology Inc (NASDAQ:MRVL), claiming an upside up to 50%. Rosenblatt analyst Hans Mosesmann maintained with a Buy an...

1 week ago - Benzinga

Marvell Technology Raises Long-Term Targets

Marvell Technology Inc (NASDAQ: MRVL) held its investor day meeting on October 6. The fabless chipmaker raised its long-term sales growth target to 15% - 20% from the prior estimate of 10% - 15%.

1 week ago - Benzinga

Marvell's transformation has put it in 'the sweet spot' of semiconductor industry, says CEO

CNBC's Jim Cramer interviewed Marvell President and CEO Matt Murphy on Wednesday's episode of "Mad Money" following the company's investor day.

1 week ago - CNBC Television

Marvell (MRVL) Closes Innovium Buyout, Boosts Portfolio

Marvell's (MRVL) acquisition of the networking solutions firm, Innovium, will aid it in strengthening its silicon solutions portfolio, thereby enhancing the scope of its cloud data center business.

1 week ago - Zacks Investment Research

These 2 Stocks Helped Markets Get Their Groove Back Wednesday

An ugly start to the day turned around by the close.

Other symbols:AFRM
1 week ago - The Motley Fool

Stocks Close Higher After Debt Ceiling Offer; Marvell, Digital Turbine, Atlassian show strength

Stocks close higher after McConnell debt ceiling offer; Marvell, Digital Turbine, Atlassian show strength. Investor's Business Daily has been helping people invest smarter results by providing exclusive...

Other symbols:APPSTEAM
1 week ago - Investors Business Daily

Marvell Technology Hikes Growth Estimates

Marvell Technology Inc (NASDAQ: MRVL) raised its long-term growth projections from the previous 15% to 15% - 20% at the Marvell Investor Day 2021 event. Marvell Technology is a fabless chipmaker focused...

1 week ago - Benzinga

Marvell's Latest Data Infrastructure Offerings: Everything You Need To Know

Marvell Technology Inc (NASDAQ: MRVL) unveiled a new advanced silicon platform based on Taiwan Semiconductor Manufacturing Co Ltd's (NYSE: TSM) 3nm process technology. Marvell will have IP cores on upco...

1 week ago - Benzinga

Marvell Completes Acquisition of Innovium

SANTA CLARA, Calif., Oct. 5, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced that it has completed its acquisition of In...

1 week ago - PRNewsWire

Marvell Extends Data Infrastructure Leadership with TSMC 3nm Platform

SANTA CLARA, Calif., Oct. 5, 2021 /PRNewswire/ -- Marvell (NASDAQ: MRVL) today announced it is extending its data infrastructure silicon leadership with a new advanced silicon platform based on TSMC's 3...

1 week ago - PRNewsWire

Marvell Expands 5nm Data Infrastructure Portfolio with New Prestera Carrier Switch and OCTEON 10 DPU

SANTA CLARA, Calif., Oct. 5, 2021 /PRNewswire/ -- Marvell (NASDAQ: MRVL) today announced the expansion of its industry-leading 5nm data infrastructure platform with the launch of the industry's first 5n...

1 week ago - PRNewsWire

Semiconductor chip shortage could extend through 2022, Marvell CEO says

The shortage of semiconductor chips that has hamstrung the automotive and electronic industries may not be over next year, Marvell Technology CEO says.

2 weeks ago - CNBC

Every end market for semiconductors is up, Marvell CEO says

Marvell CEO Matthew Murphy joins 'TechCheck' to examine the semiconductor shortage and what it'll mean for industry in 2022.

2 weeks ago - CNBC Television

When Will Marvell Technology's Acquisitions Start to Pay Off?

Chip designer Marvell has been an aggressive acquirer in recent years, and losses have started to mount as a result.

2 weeks ago - The Motley Fool

3 Stocks We're Ready to Buy if the Market Crashes This Month

These tech stocks are riding secular growth trends, but would be especially good buys if there's a market pullback.

Other symbols:AAPLDUOL
3 weeks ago - The Motley Fool

Marvell Technology, Inc. Declares Quarterly Dividend Payment

SANTA CLARA, Calif., Sept. 23, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on October 27, 2021 to shareh...

3 weeks ago - PRNewsWire

3 Futuristic Stocks for a 5G, Cannabis, and Metaverse World

These companies today could be the companies of tomorrow, at a discount.

Other symbols:GTBIFNVDA
1 month ago - The Motley Fool

Marvell Technology (MRVL) Announces Bond Exchange Worth $2B

Marvell Technology (MRVL) commences an offer for its bond holders, under which certain unregistered senior notes worth $2 billion will be exchanged for new registered senior notes.

1 month ago - Zacks Investment Research

Marvell Announces Bond Exchange

SANTA CLARA, Calif., Sept. 10, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, announced that on September 9, 2021 it commenced an offer...

1 month ago - PRNewsWire