Marvell Technology (NASDAQ:MRVL) Stock Price Up 7% – Time to Buy?

Marvell Technology, Inc. (NASDAQ:MRVL) traded up 7% during mid-day trading on Friday . The company traded as high as $223.67 and last traded at $223.55. 20,815,251 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 28,821,127 shares. The stock had previously closed at $208.83.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell’s planned Celestial AI acquisition is boosting the stock’s AI narrative. Celestial’s photonics technology could help Marvell address rising bandwidth demands from hyperscale data centers and expand its custom silicon and connectivity opportunity. Why Marvell Stock Rallied Today
• Positive Sentiment: AI-related stocks led the broader market’s top performers, with investors favoring companies positioned to benefit from continued hyperscaler spending. Marvell’s recent selloff made it a prominent rebound candidate. Marvell Rises as AI Silicon Bounces
• Positive Sentiment: The company’s latest results continue to support the long-term bull case: quarterly revenue rose 36.5% year over year to approximately $2.74 billion, adjusted EPS exceeded estimates, and management raised its fiscal 2027 and 2028 revenue outlooks. Data-center strength and expanded hyperscaler relationships remain key catalysts.
• Positive Sentiment: Some analysts view Marvell as an attractive way to participate in AI infrastructure growth, while institutional ownership and recent purchases by major investors provide additional support. RBC Analyst on Marvell or Broadcom

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MRVL shares. TD Cowen lifted their target price on Marvell Technology from $225.00 to $245.00 and gave the stock a “hold” rating in a report on Friday, August 28th. Craig Hallum raised their price target on Marvell Technology from $217.00 to $300.00 and gave the company a “buy” rating in a report on Friday, August 28th. Bank of America upped their price objective on Marvell Technology from $240.00 to $365.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Stifel Nicolaus upped their price target on shares of Marvell Technology from $321.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, William Blair restated an “outperform” rating on shares of Marvell Technology in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.76.

Marvell Technology Stock Up 7.0%

The company has a market cap of $196.03 billion, a PE ratio of 73.78, a P/E/G ratio of 1.20 and a beta of 2.25. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $221.10 and its 200 day moving average is $180.87.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the prior year, the firm earned $0.67 EPS. The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, analysts predict that Marvell Technology, Inc. will post 3.03 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 7.92%.

Insider Transactions at Marvell Technology

In other news, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the transaction, the chief executive officer directly owned 783,186 shares in the company, valued at approximately $184,894,550.88. The trade was a 0.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 41,981 shares of company stock valued at $9,727,132. Insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On Marvell Technology

A number of hedge funds have recently made changes to their positions in the stock. Cape ANN Savings Bank lifted its position in shares of Marvell Technology by 2.3% during the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after buying an additional 50 shares during the last quarter. Arlington Trust Co LLC increased its position in shares of Marvell Technology by 24.1% during the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after purchasing an additional 52 shares in the last quarter. GoalVest Advisory LLC lifted its holdings in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after purchasing an additional 65 shares during the last quarter. Mayflower Financial Advisors LLC boosted its position in shares of Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after purchasing an additional 68 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its stake in Marvell Technology by 12.9% during the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after buying an additional 72 shares during the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

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.