Zacks Research upgraded shares of Marvell Technology (NASDAQ:MRVL – Free Report) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.
Several other equities research analysts have also commented on MRVL. Morgan Stanley raised their price target on shares of Marvell Technology from $95.00 to $103.00 and gave the company an “equal weight” rating in a research note on Friday, March 6th. Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $110.00 in a research report on Friday, March 6th. Oppenheimer reissued an “outperform” rating and issued a $150.00 price objective (up from $115.00) on shares of Marvell Technology in a report on Wednesday, December 3rd. Roth Mkm raised their target price on Marvell Technology from $105.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, TD Cowen lifted their target price on Marvell Technology from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $117.24.
Read Our Latest Research Report on MRVL
Marvell Technology Stock Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities analysts anticipate that Marvell Technology will post 0.91 earnings per share for the current year.
Marvell Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be issued a $0.06 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio (DPR) is 7.79%.
Insider Activity at Marvell Technology
In related news, insider Sandeep Bharathi sold 44,414 shares of the firm’s stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $99.61, for a total transaction of $4,424,078.54. Following the transaction, the insider owned 55,199 shares in the company, valued at $5,498,372.39. This trade represents a 44.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew J. Murphy sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total value of $2,961,000.00. Following the sale, the chief executive officer directly owned 310,106 shares in the company, valued at approximately $30,607,462.20. The trade was a 8.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,414 shares of company stock worth $7,850,479 over the last quarter. 0.19% of the stock is currently owned by company insiders.
Institutional Trading of Marvell Technology
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jessup Wealth Management Inc acquired a new position in Marvell Technology during the fourth quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new stake in Marvell Technology in the 4th quarter valued at about $25,000. Cherry Tree Wealth Management LLC bought a new position in shares of Marvell Technology during the 4th quarter valued at about $26,000. Atlantic Edge Private Wealth Management LLC boosted its position in shares of Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. Finally, MidFirst Bank acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $28,000. Institutional investors own 83.51% of the company’s stock.
Key Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: NVIDIA announced a $2 billion investment and deeper NVLink Fusion / silicon?photonics partnership with Marvell — investors view this as a structural win that integrates Marvell into NVIDIA’s AI infrastructure supply chain and could materially expand Marvell’s addressable market. Nvidia invests $2bn in chipmaker Marvell to boost AI networking
- Positive Sentiment: Bank of America reiterated a Buy on MRVL and raised its price target to $125, citing the NVIDIA partnership and Marvell’s expanding role in AI data?center networking — this is a notable sell?side vote of confidence that can sustain buying momentum. Bank of America raises Marvell Technology price target on Nvidia partnership
- Positive Sentiment: Several outlets and sell?side firms (Benchmark, others) raised or reaffirmed Buy ratings and higher targets (examples cited up to ~$130), reinforcing bullish analyst sentiment after the NVIDIA announcement. Marvell (MRVL) Surges 13% as Bank of America Lifts Target to $125 on Nvidia Deal
- Neutral Sentiment: Marvell’s most recent quarter beat modestly (EPS and revenue slightly above estimates; revenue +22% YoY) and the company offered Q1 guidance (EPS 0.740–0.840) — fundamentals support the rally but the beat was not dramatic on its own. Marvell Technology (MRVL): Buy, sell, or hold post Q4 earnings?
- Neutral Sentiment: Market commentators and newsletters highlight Marvell as an AI?ecosystem winner (coverage from Seeking Alpha, The Motley Fool, Investopedia), which increases retail and ETF flows into MRVL?exposed products — that can amplify moves but also add volatility. Nvidia Is Investing in Marvell Technology Stock. Should You Do the Same?
- Negative Sentiment: Valuation and momentum risk: the stock has rerated quickly after the deal; some writeups urge investors to weigh a higher multiple and recent insider sales before buying the rally — potential pullbacks are possible if near?term execution or integration details disappoint. Assessing Marvell Technology (MRVL) Valuation After Strong Multi?Year Returns And Recent Share Price Pullback
About Marvell Technology
Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.
Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.
Further Reading
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