Marvell Technology (NASDAQ:MRVL) Releases Quarterly Earnings Results

Marvell Technology (NASDAQ:MRVLGet Free Report) released its quarterly earnings results on Thursday. The semiconductor company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01, Briefing.com reports. Marvell Technology had a positive return on equity of 4.59% and a negative net margin of 27.49%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s revenue was up 63.3% compared to the same quarter last year. Marvell Technology updated its Q2 2026 guidance to 0.620-0.720 EPS.

Marvell Technology Stock Performance

MRVL stock opened at $63.73 on Friday. The stock’s 50 day simple moving average is $58.96 and its 200 day simple moving average is $87.09. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. Marvell Technology has a 12-month low of $47.09 and a 12-month high of $127.48. The stock has a market capitalization of $55.05 billion, a PE ratio of -37.49, a price-to-earnings-growth ratio of 1.61 and a beta of 1.83.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Friday, April 11th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Friday, April 11th. Marvell Technology’s dividend payout ratio (DPR) is currently -23.53%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on MRVL shares. UBS Group lowered their target price on shares of Marvell Technology from $110.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, May 19th. KeyCorp lowered their price objective on shares of Marvell Technology from $135.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday, March 6th. Summit Insights lowered shares of Marvell Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Redburn Atlantic began coverage on Marvell Technology in a research report on Wednesday. They set a “neutral” rating and a $67.00 price target on the stock. Finally, Susquehanna cut their price objective on Marvell Technology from $110.00 to $90.00 and set a “positive” rating for the company in a report on Tuesday. Seven equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.32.

View Our Latest Stock Report on MRVL

Insider Activity at Marvell Technology

In related news, Director Brad W. Buss bought 3,000 shares of the company’s stock in a transaction that occurred on 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 completion of the acquisition, the director now owns 87,113 shares of the company’s stock, valued at $6,010,797. This trade represents a 3.57% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark Casper sold 12,460 shares of the business’s stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $55.00, for a total transaction of $685,300.00. The disclosure for this sale can be found here. Insiders have sold 33,541 shares of company stock valued at $2,079,948 over the last ninety days. Insiders own 0.33% of the company’s stock.

Institutional Trading of Marvell Technology

A hedge fund recently raised its stake in Marvell Technology stock. Intech Investment Management LLC raised its position in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) by 3.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,784 shares of the semiconductor company’s stock after purchasing an additional 1,085 shares during the quarter. Intech Investment Management LLC’s holdings in Marvell Technology were worth $1,772,000 as of its most recent SEC filing. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Company Profile

(Get Free Report)

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.

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Earnings History for Marvell Technology (NASDAQ:MRVL)

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