Marvell Technology (NASDAQ:MRVL) Trading Down 1% – What’s Next?

Marvell Technology, Inc. (NASDAQ:MRVL)’s stock price dropped 1% during trading on Thursday . The stock traded as low as $80.00 and last traded at $80.38. Approximately 16,455,749 shares changed hands during trading, an increase of 8% from the average daily volume of 15,306,866 shares. The stock had previously closed at $81.21.

Marvell Technology News Summary

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

• Positive Sentiment: RBC Capital initiated coverage of Marvell with an “Outperform” recommendation, providing a high-profile buy-side endorsement that can attract investors and support the stock. RBC Capital initiates coverage of Marvell Technology (MRVL) with outperform recommendation
• Positive Sentiment: Coverage pieces highlight Marvell as an AI-focused chipmaker with upside over the next decade; these bullish narratives (citing strong revenue growth and strategic moves into AI/data-center chips) support a constructive long-term thesis. 1 AI Stock With the Potential to Deliver Outsize Returns Over the Next 10 Years
• Positive Sentiment: Brokerage consensus remains favorable — a recent aggregation shows a “Moderate Buy” consensus from brokerages, which can underpin investor confidence despite short-term volatility. Marvell Technology, Inc. (NASDAQ:MRVL) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Wall Street and independent commentaries provide mixed/analytical takes on Marvell’s rebound and positioning; useful for context but not an immediate catalyst. Here’s What the Wall Street Thinks About Marvell Technology (MRVL)
• Neutral Sentiment: Seeking Alpha published analysis on the drivers behind Marvell’s rebound — important for investor debate but represents opinion/analysis rather than new fundamental data. The Bet Behind Marvell’s Rebound
• Neutral Sentiment: An options piece reviews a long-call butterfly on MRVL (a defined-risk, limited-profit strategy), indicating some traders expect limited near-term movement — this suggests reduced directional conviction from options traders. Analyzing a Butterfly Spread on Marvell Technology
• Negative Sentiment: Zacks flagged that Marvell registered a bigger intraday fall than the market and reported a downgrade from “strong-buy” to “hold” at Zacks Research — analyst downgrades and visible price weakness are direct near-term negative catalysts. Marvell Technology (MRVL) Registers a Bigger Fall Than the Market: Important Facts to Note

Analyst Ratings Changes

MRVL has been the subject of a number of recent analyst reports. Barclays upped their price target on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 3rd. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a research report on Tuesday, January 6th. Wells Fargo & Company raised their target price on shares of Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. TD Cowen increased their price target on shares of Marvell Technology from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, December 3rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $150.00 price objective (up from $115.00) on shares of Marvell Technology in a research report on Wednesday, December 3rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $115.70.

Marvell Technology Price Performance

The stock has a market capitalization of $68.17 billion, a P/E ratio of 28.20, a P/E/G ratio of 0.80 and a beta of 1.95. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average price of $86.95 and a two-hundred day moving average price of $80.80.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.02. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter last year, the firm earned $0.43 earnings per share. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Friday, January 9th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, January 9th. Marvell Technology’s payout ratio is currently 8.42%.

Marvell Technology announced that its board has approved a stock buyback plan on Wednesday, September 24th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the semiconductor company to buy up to 7.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares in the company, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On Marvell Technology

Institutional investors have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC purchased a new position in Marvell Technology during the second quarter valued at approximately $27,000. Atlantic Edge Private Wealth Management LLC lifted its position in Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Kiker Wealth Management LLC grew its stake in shares of Marvell Technology by 374.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares in the last quarter. Nova Wealth Management Inc. increased its holdings in shares of Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after buying an additional 353 shares during the last quarter. Finally, Westside Investment Management Inc. increased its holdings in shares of Marvell Technology by 62.5% in the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock worth $32,000 after buying an additional 160 shares during the last quarter. 83.51% of the stock is owned by 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.