Marvell Technology, Inc. (MRVL)
| Market Cap | 54.07B |
| Revenue (ttm) | 3.46B |
| Net Income (ttm) | -371.04M |
| Shares Out | 821.06M |
| EPS (ttm) | -0.52 |
| PE Ratio | n/a |
| Forward PE | 31.06 |
| Dividend | $0.24 (0.37%) |
| Ex-Dividend Date | Oct 7, 2021 |
| Volume | 5,971,324 |
| Open | 66.00 |
| Previous Close | 65.29 |
| Day's Range | 65.26 - 66.28 |
| 52-Week Range | 40.75 - 67.19 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 73.48 (+11.9%) |
| Est. Earnings Date | Dec 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)...
Financial Performance
Financial StatementsAnalyst 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.
News
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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.
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.
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...
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...
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...
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...
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%.
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.
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.
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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...
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...
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...
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...
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...
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...
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.
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.
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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...
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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.
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...