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Marvell (MRVL)
NASDAQ:MRVL
Marvell (MRVL) Stock Price & Analysis
9,162 Followers
MRVL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.03 - $85.68
Previous Close$69.02
Volume4.98M
Average Volume (3M)13.52M
Market Cap
$58.87B
Enterprise Value$62.95B
Total Cash (Recent Filing)$950.80M
Total Debt (Recent Filing)$4.17B
Price to Earnings (P/E)-63.7
Beta1.85
Next Earnings
May 30, 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. Volume9,331,907
30 Day Avg. Volume13,518,457
Standard Deviation0.13
R-Squared0.35
Alpha0.00963
Financial Highlights & Ratios
Price to Book (P/B)-76.74
Price to Sales (P/S)10.85
Price to Cash Flow (P/CF)27.10
P/FCF Ratio21.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.43
Enterprise Value/Gross Profit27.45
Enterprise Value/Ebitda130.39
Forecast
1Y Price Target
$89.48Price Target Upside31.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
Marvell News
PremiumCompany Announcements
Marvell Enhances Board with Two High-Profile Industry ExecutivesBulls Say, Bears Say
Bulls Say
AI Revenue GrowthThe company's AI business is expected to grow significantly, indicating a strong future revenue stream.
Market ExpansionTotal Addressable Market (TAM) for Marvell is projected to grow at a 29% CAGR through 2028, showing potential for substantial market expansion.
Strategic AcquisitionsMarvell’s strategic acquisitions contribute to a competitive position across accelerated custom compute and optical/Ethernet connectivity.
Bears Say
Competitive ThreatsConcerns remain regarding competition, particularly from NVIDIA's internal DSP development, which could impact Marvell's market share and growth.
Financial GuidanceRecent revenue guidance was significantly below consensus, with substantial declines expected in key segments.
Operational PerformanceOperational expenses are projected to increase, reaching a high percentage of revenues not seen since F2Q21.
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Ownership Overview
28.25% Insiders
38.22% Mutual Funds
25.40% Other Institutional Investors
8.13% 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 $40.03 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 30, 2024 which is in 16 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 865,475,040 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:
$89.48 (31.55% Upside)
$89.48 (31.55% Upside)
Blogger Sentiment
Bullish
MRVL Sentiment 96%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.73%
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 Month Forecast
Average Price Target
$89.48
▲(31.55% Upside)
Technical Analysis
Best Analysts Covering MRVL
1 Year
1 Year Success Rate
29/36 ratings generated profit
1 Year Average Return
+29.81%
reiterated a buy rating last month
Copying Christopher Rolland's trades and holding each position for 1 Year would result in 80.56% of your transactions generating a profit, with an average return of +29.81% per trade.
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