Marvell Technology (MRVL) – Analysts’ Recent Ratings Changes

Marvell Technology (NASDAQ: MRVL) has recently received a number of price target changes and ratings updates:

• 3/6/2025 – Marvell Technology was given a new $110.00 price target on by analysts at Raymond James.
• 3/6/2025 – Marvell Technology was given a new $100.00 price target on by analysts at Roth Capital.
• 3/6/2025 – Marvell Technology had its “overweight” rating reaffirmed by analysts at Wells Fargo & Company.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Piper Sandler from $120.00 to $95.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Barclays PLC from $150.00 to $130.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at KeyCorp from $135.00 to $115.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – Marvell Technology was downgraded by analysts at Summit Insights from a “buy” rating to a “hold” rating.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Morgan Stanley from $113.00 to $90.00. They now have an “equal weight” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Stifel Nicolaus from $130.00 to $115.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Citigroup Inc. from $136.00 to $122.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Bank of America Co. from $150.00 to $120.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at Needham & Company LLC from $120.00 to $100.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Marvell Technology had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $140.00 price target on the stock.
• 3/6/2025 – Marvell Technology had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $135.00 price target on the stock.
• 3/6/2025 – Marvell Technology had its price target lowered by analysts at TD Cowen from $125.00 to $95.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Marvell Technology was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating. They now have a $110.00 price target on the stock.
• 2/14/2025 – Marvell Technology had its “overweight” rating reaffirmed by analysts at Barclays PLC.
• 2/14/2025 – Marvell Technology had its “equal weight” rating reaffirmed by analysts at Morgan Stanley.
• 2/5/2025 – Marvell Technology was upgraded by analysts at William Blair to a “strong-buy” rating.
• 1/28/2025 – Marvell Technology had its price target lowered by analysts at Morgan Stanley from $120.00 to $113.00. They now have an “equal weight” rating on the stock.
• 1/27/2025 – Marvell Technology was upgraded by analysts at Melius Research to a “strong-buy” rating.
• 1/27/2025 – Marvell Technology is now covered by analysts at Melius. They set a “buy” rating and a $188.00 price target on the stock.

Marvell Technology Price Performance

MRVL stock traded up $2.37 during midday trading on Monday, hitting $72.76. The company’s stock had a trading volume of 12,173,914 shares, compared to its average volume of 12,604,463. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 12 month low of $53.19 and a 12 month high of $127.48. The company has a 50 day moving average of $99.06 and a two-hundred day moving average of $93.85. The firm has a market capitalization of $63.01 billion, a price-to-earnings ratio of -42.80, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, April 11th. This represents a $0.24 annualized dividend and a yield of 0.33%. Marvell Technology’s payout ratio is -23.53%.

Insider Buying and Selling at Marvell Technology

In other news, Director Brad W. Buss purchased 3,000 shares of the business’s stock in a transaction on Friday, March 7th. The stock was acquired at an average price of $69.00 per share, for a total transaction of $207,000.00. Following the acquisition, the director now directly owns 87,113 shares of the company’s stock, valued at $6,010,797. This represents a 3.57 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Panteha Dixon sold 1,430 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $68.75, for a total value of $98,312.50. Following the sale, the chief accounting officer now directly owns 31,100 shares in the company, valued at $2,138,125. This trade represents a 4.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,685 shares of company stock worth $4,026,768. Insiders own 0.33% of the company’s stock.

Institutional Trading of Marvell Technology

A number of large investors have recently made changes to their positions in MRVL. Swedbank AB raised its position in Marvell Technology by 1.0% during the third quarter. Swedbank AB now owns 2,357,695 shares of the semiconductor company’s stock valued at $170,037,000 after purchasing an additional 23,680 shares during the period. PNC Financial Services Group Inc. raised its holdings in Marvell Technology by 1.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 71,783 shares of the semiconductor company’s stock valued at $5,177,000 after buying an additional 1,062 shares during the period. Avior Wealth Management LLC lifted its position in Marvell Technology by 26.2% in the third quarter. Avior Wealth Management LLC now owns 1,363 shares of the semiconductor company’s stock worth $98,000 after buying an additional 283 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Marvell Technology by 2.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,261,887 shares of the semiconductor company’s stock worth $235,247,000 after buying an additional 66,654 shares during the period. Finally, Raymond James Trust N.A. increased its position in Marvell Technology by 14.4% during the third quarter. Raymond James Trust N.A. now owns 21,248 shares of the semiconductor company’s stock valued at $1,532,000 after acquiring an additional 2,670 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

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.