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Marvell (MRVL)
NASDAQ:MRVL
Marvell (MRVL) Stock Price & Analysis
10,097 Followers
MRVL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.07 - $85.76
Previous Close$65.72
Volume8.63M
Average Volume (3M)10.84M
Market Cap
$56.89B
Enterprise Value$60.19B
Total Cash (Recent Filing)$847.70M
Total Debt (Recent Filing)$4.15B
Price to Earnings (P/E)―
Beta1.90
Next Earnings
Aug 22, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Jul 12, 2024Dividend Yield0.38%
Share Statistics
EPS (TTM)-1.13
Shares Outstanding865,600,000
10 Day Avg. Volume10,573,461
30 Day Avg. Volume10,841,388
Standard Deviation0.13
R-Squared0.34
Alpha0.00960
Financial Highlights & Ratios
Price to Book (P/B)-56.05
Price to Sales (P/S)11.30
Price to Cash Flow (P/CF)28.50
P/FCF Ratio22.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.26
Enterprise Value/Gross Profit26.24
Enterprise Value/Ebitda90.72
Forecast
1Y Price Target
$91.23Price Target Upside38.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
Marvell News
Bulls Say, Bears Say
Bulls Say
AI Revenue GrowthMarvell is increasingly confident they can exceed $1.5 billion AI revenue this year as custom silicon ramps.
Cloud And AI DemandCloud (AI and cloud infra) again drove strong revenue growth, as the company saw robust AI demand for their electro-optics portfolio.
Data Center PerformanceData Center came in above expectations, indicating strong performance in this segment.
Bears Say
EarningsEarnings have never been higher than $1.36 in the last 8 years, and have averaged $0.71, indicating limited historical profitability.
Gross MarginGross margins are expected to be lower for the next several quarters due to mix (consumer, custom AI).
Market SegmentsSustained weakness in carrier infrastructure and networking segments could push revenue forecasts lower.
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Ownership Overview
28.19% Insiders
38.53% Mutual Funds
19.86% Other Institutional Investors
13.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 Aug 22, 2024 which is in 25 days.
How were Marvell’s earnings last quarter?
Marvell released its earnings results on May 30, 2024. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.237 by $0.003.
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 0.38%. See more information on Marvell dividends here
What is Marvell’s EPS estimate?
Marvell’s EPS estimate is $0.3.
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 $0.24 in its last earnings report, beating expectations of $0.237. Following the earnings report the stock price went down -10.47%.
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.
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Marvell Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$91.23 (38.82% Upside)
$91.23 (38.82% Upside)
Blogger Sentiment
Bullish
MRVL Sentiment 89%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 6.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.55%
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.
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MRVL Company Deck
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MRVL Earnings Call
Q1 2024
0:00 / 0:00
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MRVL Net revenue Breakdown
66.72% Direct customers
33.28% Distributors
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MRVL Stock 12 Month Forecast
Average Price Target
$91.23
▲(38.82% Upside)
Technical Analysis
Best Analysts Covering MRVL
1 Year
1 Year Success Rate
43/56 ratings generated profit
1 Year Average Return
+27.69%
reiterated a buy rating 2 months ago
Copying Rick Schafer's trades and holding each position for 1 Year would result in 76.79% of your transactions generating a profit, with an average return of +27.69% per trade.
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