Marvell Technology, Inc. (MRVL)
| Market Cap | 56.89B |
| Revenue (ttm) | 5.35B |
| Net Income (ttm) | -980.10M |
| Shares Out | 865.60M |
| EPS (ttm) | -1.13 |
| PE Ratio | n/a |
| Forward PE | 45.50 |
| Dividend | $0.24 (0.37%) |
| Ex-Dividend Date | Jul 12, 2024 |
| Volume | 8,595,002 |
| Open | 65.91 |
| Previous Close | 63.99 |
| Day's Range | 64.67 - 66.30 |
| 52-Week Range | 46.07 - 85.76 |
| Beta | 1.46 |
| Analysts | Strong Buy |
| Price Target | 88.78 (+35.09%) |
| 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 $88.78, which is an increase of 35.09% from the latest price.
News
Marvell Announces Immediate Availability of Open Ecosystem Software for Teralynx 10 51.2T Switch
Marvell ® Teralynx ® 10 switch now available in Linux Foundation's open-source SONiC, capitalizing on market shift to open network platforms SANTA CLARA, Calif. , July 25, 2024 /PRNewswire/ -- Marvell...
Marvell Teralynx 10 51.2T Ethernet Switch Enters Volume Production for Global AI Cloud Deployments
Unique architecture delivers high bandwidth, low latency, low power and programmability in a single platform for optimized cloud AI deployments. Seamless support for open network operating system soft...
Broadcom, Marvell, and 3 Other Chip Stocks to Play AI, Says J.P. Morgan
J.P. Morgan analyst Harlan Sur favors Broadcom, Marvell Technology, Micron Technology, Analog Devices, and Microchip Technology.
5 Semiconductor Stocks Set For Explosive Growth In Second Half 2024, Says JPMorgan: Nvidia Not Included
In the fiercely competitive semiconductor industry, Nvidia Corp often captures the spotlight with its groundbreaking AI advancements. However, the industry's next major winners might not be the usual ...
Marvell could double its revenue from here, says Goldman Sachs' Sung Cho
Sung Cho, Goldman Sachs management of public tech investing, joins 'Closing Bell' to discuss why he believes there is more upside in the tech sector.
AMD Inventory Headwinds & Robust MRVL Demand
AMD's (AMD) takeaways from Asia are mixed, according to a Keybanc analyst. The analyst also highlights that Marvell's (MRVL) feedback indicates demand for optical networking is robust across all segme...
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...