Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Marvell (MRVL)
NASDAQ:MRVL
Holding MRVL?
Track your performance easily
MRVL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.07 - $85.76
Previous Close$69.84
Volume32.03M
Average Volume (3M)11.33M
Market Cap
$60.45B
Enterprise Value$63.75B
Total Cash (Recent Filing)$847.70M
Total Debt (Recent Filing)$4.15B
Price to Earnings (P/E)―
Beta2.07
Next Earnings
Nov 28, 2024EPS Estimate
$0.41Last Dividend Ex-Date
Jul 12, 2024Dividend Yield0.35%
Share Statistics
EPS (TTM)-1.13
Shares Outstanding865,600,000
10 Day Avg. Volume10,621,351
30 Day Avg. Volume11,330,876
Standard Deviation0.13
R-Squared0.34
Alpha0.00709
Financial Highlights & Ratios
Price to Book (P/B)-70.12
Price to Sales (P/S)11.29
Price to Cash Flow (P/CF)46.50
P/FCF Ratio52.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.92
Enterprise Value/Gross Profit27.80
Enterprise Value/Ebitda96.10
Forecast
1Y Price Target
$93.95Price Target Upside23.23% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering22
Marvell News
Bulls Say, Bears Say
Bulls Say
AI RevenueManagement expressed confidence in exceeding its prior AI revenue targets of $1.5bn/$2.5bn for FY2025/26.
Data CenterA clean set of results and a guide above consensus from Marvell, as momentum in electro-optics and custom silicon continues to power Datacenter growth.
EarningsMarvell Technology Inc. achieved its first beat and raise in 5 quarters due to strength in Custom Compute and Electro-Optics.
Bears Say
Customer LossMarvell could lose a customer that amounts to half of the nearline HDD market due to STX selling its HDD SoC business to Broadcom.
Gross MarginsGross margins are expected to be lower for the next several quarters due to mix (consumer, custom AI).
ValuationHigh share price leaves little room for error.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MRVL FAQ
What was Marvell’s price range in the past 12 months?
Marvell lowest stock price was $46.07 and its highest was $85.76 in the past 12 months.
What is Marvell’s market cap?
Currently, no data Available
When is Marvell’s upcoming earnings report date?
Marvell’s upcoming earnings report date is Nov 28, 2024 which is in 89 days.
How were Marvell’s earnings last quarter?
Marvell released its earnings results on Aug 29, 2024. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.295 by $0.005.
Is Marvell overvalued?
According to Wall Street analysts Marvell’s price is currently Undervalued.
Does Marvell pay dividends?
Marvell pays a Quarterly dividend of $0.06 which represents an annual dividend yield of 0.35%. See more information on Marvell dividends here
What is Marvell’s EPS estimate?
Marvell’s EPS estimate is $0.41.
How many shares outstanding does Marvell have?
Marvell has 865,600,000 shares outstanding.
What happened to Marvell’s price movement after its last earnings report?
Marvell reported an EPS of $0.3 in its last earnings report, beating expectations of $0.295. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Marvell?
Among the largest hedge funds holding Marvell’s share is Matrix Capital Management Company, LP. It holds Marvell’s shares valued at 1B.
---
Marvell Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$93.95 (23.23% Upside)
$93.95 (23.23% Upside)
Blogger Sentiment
Bullish
MRVL Sentiment 89%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 533.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.0%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
24.92%
12-Months-Change
Fundamentals
Return on Equity
-6.54%
Trailing 12-Months
Asset Growth
-8.00%
Trailing 12-Months
Company Description
Marvell
Marvell Technology Group Ltd. is a semiconductor company. It designs, develops and markets analog, mixed and digital signal processing, and embedded and standalone integrated circuits. The company has operations in the United States, Singapore, Japan, South Korea, India, Israel, China, Taiwan, Malaysia, the Philippines, Thailand, and Vietnam.
---
MRVL Company Deck
---
MRVL Earnings Call
Q2 2024
0:00 / 0:00
---
MRVL Net revenue Breakdown
66.72% Direct customers
33.28% Distributors
---
MRVL Stock 12 Month Forecast
Average Price Target
$93.95
▲(23.23% Upside)
Technical Analysis
Best Analysts Covering MRVL
1 Year
1 Year Success Rate
30/39 ratings generated profit
1 Year Average Return
+29.53%
reiterated a buy rating 6 months ago
Copying Timothy Arcuri's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +29.53% per trade.
---