Marvell Technology Inc (NASDAQ:MRVL) has a beta value of 1.84 and has seen 12.47 million shares traded in the recent trading session. The company, currently valued at $59.47B, closed the recent trade at $68.98 per share which meant it lost -$3.43 on the day or -4.74% during that session. The MRVL stock price is -84.81% off its 52-week high price of $127.48 and 31.75% above the 52-week low of $47.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 17.39 million shares traded. The 3-month trading volume is 20.49 million shares.
The consensus among analysts is that Marvell Technology Inc (MRVL) is Buy stock at the moment, with a recommendation rating of 1.36. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 2 out of 27 have rated it as a Hold, with 24 advising it as a Buy. 0 have rated the stock as Underweight.
Marvell Technology Inc (NASDAQ:MRVL) trade information
Sporting -4.74% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MRVL stock price touched $68.98 or saw a rise of 6.8%. Year-to-date, Marvell Technology Inc shares have moved -6.26%, while the 5-day performance has seen it change -4.54%. Over the past 30 days, the shares of Marvell Technology Inc (NASDAQ:MRVL) have changed 2.66%. Short interest in the company has seen 23.39 million shares shorted with days to cover at 1.14.
Wall Street analysts have a consensus price target for the stock at $100, which means that the shares’ value could jump 31.02% from the levels at last check today.. The projected low price target is $75.0 while the price target rests at a high of $115.0. In that case, then, we find that the latest price level in today’s session is -66.71% off the targeted high while a plunge would see the stock gain -8.73% from the levels at last check today..
Marvell Technology Inc (MRVL) estimates and forecasts
The company’s shares have lost -40.10% over the past 6 months.
Earnings growth for 2025 is a modest 77.82% while over the next 5 years, the company’s earnings are expected to increase by 40.29%.
MRVL Dividends
Marvell Technology Inc is expected to release its next earnings report on 2025-May-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.24 at a share yield of 0.35%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.43%.
Marvell Technology Inc (NASDAQ:MRVL)’s Major holders
Insiders own 0.30% of the company shares, while shares held by institutions stand at 87.86% with a share float percentage of 88.13%. Investors are also buoyed by the number of investors in a company, with Marvell Technology Inc having a total of 1777.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 129.87 million shares worth more than $9.08 billion. As of 2024-06-30, FMR LLC held 15.0021% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 74.41 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.2 billion and represent 8.5953% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Securities Fund-Fidelity Blue Chip Growth Fund . As of Mar 31, 2025 , the former fund manager holds about 3.17% shares in the company for having 27.33 shares of worth $1.89 billion while later fund manager owns 18.62 shares of worth $1.29 billion as of May 31, 2025 , which makes it owner of about 2.16% of company’s outstanding stock.
