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Marvell (MRVL)
NASDAQ:MRVL
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MRVL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.07 - $85.76
Previous Close$73.4
Volume6.35M
Average Volume (3M)11.58M
Market Cap
$63.58B
Enterprise Value$66.90B
Total Cash (Recent Filing)$808.70M
Total Debt (Recent Filing)$4.13B
Price to Earnings (P/E)―
Beta2.12
Next Earnings
Nov 28, 2024EPS Estimate
$0.41Next Dividend Ex-Date
Oct 11, 2024Dividend Yield0.32%
Share Statistics
EPS (TTM)-1.12
Shares Outstanding143,228,163
10 Day Avg. Volume12,516,352
30 Day Avg. Volume11,577,140
Standard Deviation0.13
R-Squared0.34
Alpha0.00993
Financial Highlights & Ratios
Price to Book (P/B)0.74
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)8.70
P/FCF Ratio7.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.67
Enterprise Value/Gross Profit29.17
Enterprise Value/Ebitda87.31
Forecast
1Y Price Target
$93.71Price Target Upside28.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
Marvell News
Bulls Say, Bears Say
Bulls Say
AI Market ExposureMarvell offers investors a unique, non-Nvidia, alternative to gain leverage to the AI/Data Center trade, with 70% of its revenue currently derived directly from the AI and Data Center markets.
Market Share LeadershipMarvell's specialty in the communications and connectivity segment, allows it to assume a leading market share in secular growth areas, e.g., data infrastructure, cloud and 5G.
Revenue GrowthMarvell's guidance for F3Q25 indicates a 14% quarter-over-quarter revenue increase, driven by growth in Datacenter, Enterprise & Networking, Carrier Infrastructure, Consumer, and Auto/Industrial sectors.
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 MarginsA faster than anticipated AI custom silicon ramp could pressure gross margins further into FY26 and FY27.
Operating MetricsPast track record of weak operating metrics, high leverage and poor shareholder returns calls for concern.
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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 71 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 0.32%. 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 866,200,000 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 up 9.164%.
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:
$93.71 (28.78% Upside)
$93.71 (28.78% 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
Sold Shares
Worth $6.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 3.8%
Last 30 Days ▲ 3.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.22%
12-Months-Change
Fundamentals
Return on Equity
-6.53%
Trailing 12-Months
Asset Growth
-6.70%
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
Q2 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
$93.71
▲(28.78% Upside)
Technical Analysis
Best Analysts Covering MRVL
1 Year
1 Year Success Rate
46/56 ratings generated profit
1 Year Average Return
+29.16%
reiterated a buy rating 28 days ago
Copying Rick Schafer's trades and holding each position for 1 Year would result in 82.14% of your transactions generating a profit, with an average return of +29.16% per trade.
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