Marvell Technology, Inc. (MRVL)

NASDAQ: MRVL · IEX Real-Time Price · USD
-1.16 (-1.59%)
At close: May 17, 2024, 4:00 PM
+0.02 (0.03%)
After-hours: May 17, 2024, 7:58 PM EDT
Market Cap 62.36B
Revenue (ttm) 5.51B
Net Income (ttm) -933.40M
Shares Out 865.48M
EPS (ttm) -1.08
PE Ratio n/a
Forward PE 51.45
Dividend $0.24 (0.33%)
Ex-Dividend Date Apr 11, 2024
Volume 5,467,351
Open 73.67
Previous Close 73.08
Day's Range 71.89 - 74.02
52-Week Range 44.70 - 85.76
Beta 1.47
Analysts Strong Buy
Price Target 86.93 (+20.87%)
Earnings Date May 30, 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]

Industry Semiconductors
Sector Technology
IPO Date Jun 27, 2000
Employees 6,577
Stock Exchange NASDAQ
Ticker Symbol MRVL
Full Company Profile

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 Statements

Analyst Forecast

According to 29 analysts, the average rating for MRVL stock is "Strong Buy." The 12-month stock price forecast is $86.93, which is an increase of 20.87% from the latest price.

Price Target
(20.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts


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