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Marvell (MRVL)
NASDAQ:MRVL
Marvell (MRVL) Stock Price & Analysis
8,959 Followers
MRVL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.75 - $85.68
Previous Close$68.28
Volume5.31M
Average Volume (3M)14.57M
Market Cap
$58.78B
Enterprise Value$62.00B
Total Cash (Recent Filing)$950.80M
Total Debt (Recent Filing)$4.17B
Price to Earnings (P/E)-63.1
Beta1.77
Next Earnings
May 23, 2024EPS Estimate
$0.24Last Dividend Ex-Date
Apr 11, 2024Dividend Yield0.35%
Share Statistics
EPS (TTM)-1.08
Shares Outstanding866,000,000
10 Day Avg. Volume12,669,124
30 Day Avg. Volume14,568,291
Standard Deviation0.14
R-Squared0.35
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-76.08
Price to Sales (P/S)10.74
Price to Cash Flow (P/CF)26.90
P/FCF Ratio21.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.26
Enterprise Value/Gross Profit27.03
Enterprise Value/Ebitda128.42
Forecast
1Y Price Target
$89.42Price Target Upside34.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
Marvell News
PremiumMarket News
QQQ ETF Update, 3/26/2024 
PremiumMarket News
QQQ ETF Update, 3/22/2024 
PremiumMarket News
QQQ ETF Update, 3/20/2024 Bulls Say, Bears Say
Bulls Say
Innovation And Market PenetrationMarvell's first 3nm AI ASIC design win reflects a strong position in next-gen AI accelerator ASICs.
Market ExpansionTotal Addressable Market (TAM) for MRVL is projected to grow at a 29% CAGR through 2028, showing potential for substantial market expansion.
Strategic GrowthMarvell's strategic acquisitions contribute to a competitive position across accelerated custom compute and optical/Ethernet connectivity.
Bears Say
CompetitionConcerns remain regarding competition, particularly from NVIDIA's internal DSP development, which could impact Marvell's market share and growth.
Financial GuidanceMarvell's recent revenue guidance was significantly below consensus, with substantial declines expected in key segments like Carrier, Enterprise Networking, and Consumer.
Operational PerformanceOperational expenses for Marvell are projected to increase, reaching a high percentage of revenues not seen since F2Q21, alongside expected declines in gross margins.
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Ownership Overview
28.23% Insiders
38.66% Mutual Funds
17.15% Other Institutional Investors
15.97% 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 $36.75 and its highest was $85.68 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 May 23, 2024 which is in 36 days.
How were Marvell’s earnings last quarter?
Marvell released its earnings results on Mar 07, 2024. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.462 by -$0.002.
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 $0.24.
How many shares outstanding does Marvell have?
Marvell has 866,000,000 shares outstanding.
What happened to Marvell’s price movement after its last earnings report?
Marvell reported an EPS of $0.46 in its last earnings report, missing expectations of $0.462. Following the earnings report the stock price went down -11.362%.
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 908M.
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Marvell Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$89.42 (34.59% Upside)
$89.42 (34.59% Upside)
Blogger Sentiment
Bullish
MRVL Sentiment 96%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 2.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.15%
12-Months-Change
Fundamentals
Return on Equity
-6.13%
Trailing 12-Months
Asset Growth
-5.74%
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
Q4 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 Months Forecast
Average Price Target
$89.42
▲(34.59% Upside)
Technical Analysis
Best Analysts Covering MRVL
1 Year
1 Year Success Rate
30/37 ratings generated profit
1 Year Average Return
+29.73%
reiterated a buy rating 7 days ago
Copying Christopher Rolland's trades and holding each position for 1 Year would result in 81.08% of your transactions generating a profit, with an average return of +29.73% per trade.
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