Brokerages Set Marvell Technology, Inc. (NASDAQ:MRVL) Target Price at $117.24

Marvell Technology, Inc. (NASDAQ:MRVL) has been assigned an average recommendation of “Moderate Buy” from the thirty-seven ratings firms that are covering the firm, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation, twenty-six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $117.2424.

Several analysts recently weighed in on the company. Needham & Company LLC lowered their price objective on Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Susquehanna reiterated a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Evercore reiterated an “outperform” rating and issued a $133.00 price target on shares of Marvell Technology in a report on Wednesday, March 4th. Benchmark reissued a “buy” rating and set a $130.00 price target on shares of Marvell Technology in a research report on Tuesday. Finally, Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $90.00 to $110.00 in a research note on Friday, March 6th.

Insider Transactions at Marvell Technology

In other news, insider Sandeep Bharathi sold 44,414 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider owned 55,199 shares in the company, valued at approximately $5,498,372.39. This 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 accessible through the SEC website. Also, CEO Matthew J. Murphy sold 30,000 shares of the stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the completion of the sale, the chief executive officer directly owned 310,106 shares in the company, valued at approximately $30,607,462.20. This trade represents a 8.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 97,268 shares of company stock worth $9,747,735. 0.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Ellsworth Advisors LLC acquired a new stake in Marvell Technology in the third quarter worth approximately $5,864,000. Vanguard Group Inc. increased its position in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Marvell Technology by 1,292.1% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 389,809 shares of the semiconductor company’s stock valued at $32,656,000 after purchasing an additional 361,807 shares during the period. Triasima Portfolio Management inc. bought a new stake in shares of Marvell Technology in the 3rd quarter worth $1,426,000. Finally, Robeco Schweiz AG raised its stake in shares of Marvell Technology by 1.4% in the 3rd quarter. Robeco Schweiz AG now owns 973,765 shares of the semiconductor company’s stock worth $81,864,000 after buying an additional 12,977 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Stock Performance

Shares of MRVL opened at $107.11 on Tuesday. The firm has a market cap of $93.66 billion, a price-to-earnings ratio of 34.78, a PEG ratio of 0.97 and a beta of 1.83. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $84.86 and its two-hundred day moving average is $85.26. Marvell Technology has a 52-week low of $47.08 and a 52-week high of $107.84.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the previous year, the firm earned $0.60 EPS. The company’s revenue was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Analysts forecast that Marvell Technology will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio is 7.79%.

Marvell Technology News Roundup

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: NVIDIA’s $2B investment and expanded NVLink Fusion partnership is being treated as a strategic “vote of confidence” that accelerates Marvell’s AI infrastructure addressable market and cross?sell opportunities. Marvell Gets Nvidia’s $2B ‘Vote of Confidence’: Analysts Strike a Bullish Chord
• Positive Sentiment: Bank of America reiterated Buy and lifted its price target (to $125), citing the Nvidia tie?up as a catalyst for stronger AI/data?center revenue — another broker followed with a $130 target, reinforcing upside expectations. Bank of America raises Marvell Technology price target on Nvidia partnership
• Positive Sentiment: Market commentary and outlets are framing Marvell as an AI?infrastructure beneficiary (many buy/spark pieces), which supports continued investor interest and ETF flows into MRVL. Marvell Technology (MRVL) Shares Skyrocket, What You Need To Know
• Neutral Sentiment: Zacks upgraded Marvell from “strong sell” to “hold,” reducing negative bias but stopping short of a buy call—useful context but less marketmoving than the Nvidia deal. Zacks.com
• Neutral Sentiment: Several analyst / investor pieces evaluate MRVL post?Q4 earnings (beat on EPS/revenue and raised Q1 guidance) — these explain the longer?term thesis but add less immediate price pressure than the Nvidia story. Marvell Technology (MRVL): Buy, Sell, or Hold Post Q4 Earnings?
• Negative Sentiment: Insider selling: EVP Mark Casper disclosed large sales this week (combined ~17,854 shares across April 1–2), trimming his position significantly — a near?term negative signal investors often watch for timing/valuation concerns. SEC Form 4 filing (Mark Casper)
• Negative Sentiment: Broader macro/geopolitical headlines (e.g., Trump/Iran tension) have pressured chip names at times this week and can trigger short?term volatility for MRVL despite company?specific positives. Chip Stocks Fall After Trump Iran Warning

Marvell Technology Company Profile

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.