Zacks Research Issues Optimistic Estimate for MRVL Earnings

Marvell Technology, Inc. (NASDAQ:MRVL) – Investment analysts at Zacks Research upped their Q1 2027 EPS estimates for Marvell Technology in a research report issued on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $0.63 per share for the quarter, up from their prior estimate of $0.58. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for Marvell Technology’s Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.73 EPS and FY2028 earnings at $3.49 EPS.

A number of other research analysts have also issued reports on the company. Barclays dropped their target price on Marvell Technology from $150.00 to $130.00 and set an “overweight” rating on the stock in a report on Thursday, March 6th. The Goldman Sachs Group lifted their target price on shares of Marvell Technology from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, January 10th. Melius Research raised Marvell Technology to a “strong-buy” rating in a report on Monday, January 27th. UBS Group lifted their price objective on Marvell Technology from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Marvell Technology from a “sell” rating to a “hold” rating in a research report on Thursday, January 9th. Three research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $120.44.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $70.49 on Friday. The stock’s 50-day moving average price is $99.94 and its 200 day moving average price is $93.56. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $61.05 billion, a PE ratio of -41.46, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. Marvell Technology has a 52-week low of $53.19 and a 52-week high of $127.48.

Insiders Place Their Bets

In other news, EVP Mark Casper sold 2,500 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $113.00, for a total value of $282,500.00. Following the completion of the sale, the executive vice president now directly owns 24,706 shares of the company’s stock, valued at approximately $2,791,778. This represents a 9.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Chris Koopmans sold 6,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $124.40, for a total transaction of $746,400.00. Following the transaction, the executive vice president now directly owns 93,931 shares in the company, valued at $11,685,016.40. This trade represents a 6.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 37,685 shares of company stock valued at $4,026,768 in the last quarter. Insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. 111 Capital acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $2,770,000. Thoma Capital Management LLC acquired a new stake in shares of Marvell Technology during the 4th quarter valued at about $883,000. Keystone Financial Services LLC bought a new stake in Marvell Technology in the fourth quarter valued at about $224,000. Castle Rock Wealth Management LLC lifted its stake in Marvell Technology by 165.8% during the fourth quarter. Castle Rock Wealth Management LLC now owns 16,283 shares of the semiconductor company’s stock worth $1,734,000 after purchasing an additional 10,157 shares during the period. Finally, Total Wealth Planning & Management Inc. bought a new stake in shares of Marvell Technology in the 4th quarter valued at approximately $824,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

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.