Marvell Technology (NASDAQ:MRVL) Updates Q3 2027 Earnings Guidance

Marvell Technology (NASDAQ:MRVL) updated its third quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.050-1.150 for the period, compared to the consensus EPS estimate of 1.030. The company issued revenue guidance of $3.0 billion-$3.3 billion, compared to the consensus revenue estimate of $3.0 billion.

Analyst Ratings Changes

A number of equities research analysts recently commented on MRVL shares. UBS Group set a $275.00 target price on shares of Marvell Technology in a research report on Monday. Needham & Company LLC raised their price objective on Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Cantor Fitzgerald upped their target price on Marvell Technology from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. DA Davidson set a $225.00 price target on Marvell Technology in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. raised their price target on Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus price target of $258.42.

Marvell Technology Stock Performance

Shares of NASDAQ:MRVL traded down $3.66 during trading on Thursday, hitting $241.45. The stock had a trading volume of 32,701,479 shares, compared to its average volume of 28,897,510. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology has a 12-month low of $61.44 and a 12-month high of $329.88. The stock has a market capitalization of $211.22 billion, a price-to-earnings ratio of 82.69, a price-to-earnings-growth ratio of 1.50 and a beta of 2.24. The stock has a 50-day simple moving average of $230.49 and a two-hundred day simple moving average of $175.15.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the company earned $0.62 EPS. Marvell Technology’s quarterly revenue was up 27.6% on a year-over-year basis. On average, equities research analysts expect that Marvell Technology will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio is 8.22%.

Insider Buying and Selling at Marvell Technology

In related news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 783,186 shares of the company’s stock, valued at $184,894,550.88. This trade represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,981 shares of company stock worth $9,753,132 over the last ninety days. 0.12% of the stock is owned by insiders.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: NVIDIA’s strong quarter and upbeat AI-demand outlook have lifted semiconductor and networking stocks, supporting optimism that Marvell’s data-center connectivity and custom-silicon businesses are benefiting from continued AI infrastructure spending. Marvell’s Big AI Test Comes One Day After NVIDIA’s Blowout Quarter
• Positive Sentiment: Analysts are focused on Marvell’s recently announced approximately $12.2 billion custom-chip opportunity with Google, as well as a broader $75 billion pipeline. Evidence of stronger custom-silicon demand or improved guidance could provide a further catalyst. Marvell Technology’s Next Earnings Report Could Send the Stock Soaring
• Positive Sentiment: Rosenblatt raised its price target from $240 to $300 and expects another “beat-and-raise” quarter, while Susquehanna also sees additional upside. These revisions indicate that some analysts believe AI networking momentum remains underappreciated. Rosenblatt Raises Marvell Price Target to $300
• Neutral Sentiment: Consensus expectations call for roughly $0.93 in adjusted EPS and $2.72 billion in revenue. Investors will likely prioritize forward guidance, data-center growth, custom-chip timing and commentary on the Google relationship rather than the quarter’s headline results alone. Marvell Technology Q2 Earnings Preview
• Negative Sentiment: MRVL has already gained about 188% year to date and trades at a high valuation, leaving little room for an earnings or outlook disappointment. Options markets imply an approximately 10% move after the report, highlighting unusually high event risk. Marvell Stock Could Swing 10% After Earnings
• Negative Sentiment: Investors are also monitoring potential dilution from the Google warrant arrangement and competition from Broadcom in custom AI chips. These concerns may explain the stock’s more restrained trading despite the favorable AI-sector backdrop. MRVL Earnings Ahead: Google Partnership Tailwind, Dilution Headwind

Institutional Trading of Marvell Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of Marvell Technology during the 4th quarter valued at approximately $34,000. Prosperity Bancshares Inc acquired a new position in shares of Marvell Technology in the 4th quarter valued at $42,000. Strive Asset Management LLC acquired a new position in shares of Marvell Technology in the 3rd quarter valued at $42,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Marvell Technology during the fourth quarter worth $49,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Company Profile

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.