Q2 EPS Estimates for Marvell Technology Raised by B. Riley

Marvell Technology, Inc. (NASDAQ:MRVL) – Investment analysts at B. Riley raised their Q2 2026 earnings per share estimates for shares of Marvell Technology in a research note issued to investors on Tuesday, December 3rd. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings of $0.47 per share for the quarter, up from their previous forecast of $0.40. B. Riley currently has a “Buy” rating and a $135.00 target price on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.78 per share.

MRVL has been the subject of several other research reports. Oppenheimer boosted their target price on shares of Marvell Technology from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus reissued a “buy” rating and issued a $125.00 target price (up previously from $114.00) on shares of Marvell Technology in a research note on Wednesday. Needham & Company LLC boosted their target price on shares of Marvell Technology from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday. Susquehanna boosted their target price on shares of Marvell Technology from $110.00 to $125.00 and gave the company a “positive” rating in a research note on Wednesday. Finally, Rosenblatt Securities boosted their target price on shares of Marvell Technology from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and an average target price of $119.04.

Marvell Technology Trading Up 0.1 %

NASDAQ:MRVL opened at $113.51 on Friday. The company has a market capitalization of $100.59 billion, a PE ratio of -66.77, a price-to-earnings-growth ratio of 4.15 and a beta of 1.46. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.28. Marvell Technology has a 52-week low of $50.56 and a 52-week high of $119.88. The stock has a fifty day simple moving average of $86.09 and a 200-day simple moving average of $75.57.

Hedge Funds Weigh In On Marvell Technology

Several institutional investors and hedge funds have recently made changes to their positions in MRVL. Ameriprise Financial Inc. boosted its stake in shares of Marvell Technology by 24.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,623,872 shares of the semiconductor company’s stock valued at $812,509,000 after buying an additional 2,254,610 shares during the last quarter. Swedbank AB boosted its stake in shares of Marvell Technology by 653.5% during the 2nd quarter. Swedbank AB now owns 2,334,015 shares of the semiconductor company’s stock valued at $163,148,000 after buying an additional 2,024,269 shares during the last quarter. Temasek Holdings Private Ltd boosted its stake in shares of Marvell Technology by 581.8% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,240,085 shares of the semiconductor company’s stock valued at $161,555,000 after buying an additional 1,911,532 shares during the last quarter. Holocene Advisors LP purchased a new position in shares of Marvell Technology during the 3rd quarter valued at approximately $120,116,000. Finally, Van ECK Associates Corp boosted its stake in shares of Marvell Technology by 26.6% during the 3rd quarter. Van ECK Associates Corp now owns 7,471,823 shares of the semiconductor company’s stock valued at $538,868,000 after buying an additional 1,570,050 shares during the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, Director Ford Tamer sold 92,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $74.16, for a total value of $6,822,720.00. Following the completion of the sale, the director now owns 351,193 shares of the company’s stock, valued at $26,044,472.88. This trade represents a 20.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $73.87, for a total value of $110,805.00. Following the transaction, the chief financial officer now owns 111,753 shares of the company’s stock, valued at approximately $8,255,194.11. This trade represents a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 267,000 shares of company stock valued at $20,899,260 over the last 90 days. 0.33% of the stock is owned by corporate insiders.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.21%. The ex-dividend date was Friday, October 11th. Marvell Technology’s dividend payout ratio (DPR) is -14.12%.

Marvell Technology Company Profile

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.