Brokers Set Expectations for MRVL Q1 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL) – Roth Capital issued their Q1 2027 earnings per share estimates for Marvell Technology in a research report issued on Thursday, March 6th. Roth Capital analyst S. Desilva expects that the semiconductor company will post earnings per share of $0.57 for the quarter. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.69 EPS and Q4 2027 earnings at $0.71 EPS.

Several other brokerages have also commented on MRVL. Benchmark restated a “buy” rating and issued a $135.00 price target on shares of Marvell Technology in a research note on Thursday, March 6th. Citigroup decreased their target price on shares of Marvell Technology from $136.00 to $122.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. Melius started coverage on shares of Marvell Technology in a research report on Monday, January 27th. They set a “buy” rating and a $188.00 price target on the stock. StockNews.com raised Marvell Technology from a “sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, Raymond James set a $110.00 price target on Marvell Technology in a research note on Thursday. Three research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $120.44.

Marvell Technology Stock Down 7.3 %

MRVL stock opened at $65.67 on Monday. The stock has a market cap of $56.82 billion, a PE ratio of -38.63, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The firm’s 50-day simple moving average is $108.27 and its 200 day simple moving average is $94.00. Marvell Technology has a fifty-two week low of $53.19 and a fifty-two week high of $127.48. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, January 10th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.37%. Marvell Technology’s dividend payout ratio (DPR) is presently -23.53%.

Insider Activity

In related news, Director Brad W. Buss acquired 3,000 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were bought at an average price of $69.00 per share, for a total transaction of $207,000.00. Following the acquisition, the director now owns 87,113 shares in the company, valued at $6,010,797. This trade represents a 3.57 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $122.50, for a total value of $183,750.00. Following the completion of the transaction, the chief financial officer now directly owns 112,711 shares of the company’s stock, valued at approximately $13,807,097.50. This trade represents a 1.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,255 shares of company stock valued at $4,330,980. Insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Marvell Technology

A number of institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Marvell Technology during the fourth quarter valued at $1,138,354,000. GQG Partners LLC bought a new position in Marvell Technology during the 4th quarter valued at about $802,410,000. Nuveen Asset Management LLC boosted its position in Marvell Technology by 232.2% in the fourth quarter. Nuveen Asset Management LLC now owns 9,360,425 shares of the semiconductor company’s stock valued at $1,033,859,000 after buying an additional 6,543,132 shares in the last quarter. Wellington Management Group LLP boosted its stake in Marvell Technology by 43.1% in the fourth quarter. Wellington Management Group LLP now owns 12,442,302 shares of the semiconductor company’s stock worth $1,374,252,000 after purchasing an additional 3,747,982 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Marvell Technology by 30.1% during the 4th quarter. Invesco Ltd. now owns 16,157,979 shares of the semiconductor company’s stock worth $1,784,649,000 after acquiring an additional 3,737,705 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

About Marvell Technology

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.