Marvell Technology Inc (NASDAQ:MRVL) has a beta value of 1.76 and has seen 5.94 million shares traded in the recent trading session. The company, currently valued at $52.77B, closed the recent trade at $61.09 per share which meant it gained $0.9 on the day or 1.49% during that session. The MRVL stock price is -108.68% off its 52-week high price of $127.48 and 22.93% 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 24.57 million shares traded. The 3-month trading volume is 20.56 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. The expected earnings per share for the stock is 0.67.
Marvell Technology Inc (NASDAQ:MRVL) trade information
Over the past 30 days, the shares of Marvell Technology Inc (NASDAQ:MRVL) have changed 0.23%. Short interest in the company has seen 26.04 million shares shorted with days to cover at 1.61.
Wall Street analysts have a consensus price target for the stock at $110, which means that the shares’ value could jump 44.46% from the levels at last check today.. The projected low price target is $90.0 while the price target rests at a high of $122.0. In that case, then, we find that the latest price level in today’s session is -99.71% off the targeted high while a plunge would see the stock gain -47.32% from the levels at last check today..
Marvell Technology Inc (MRVL) estimates and forecasts
The company’s shares have lost -34.41% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 42.64%.
30 analysts offering their estimates for the company have set an average revenue estimate of 2.01B for the current quarter. 29 have an estimated revenue figure of 2.11B for the next ending quarter. Year-ago sales stood 1.27B and 1.52B respectively for this quarter and the next, and analysts expect sales will grow by 57.74% for the current quarter and 42.64% for the next.
Earnings growth for 2025 is a modest 78.01% while over the next 5 years, the company’s earnings are expected to increase by 39.59%.
MRVL Dividends
Marvell Technology Inc is expected to release its next earnings report on 2025-May-28 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 0.39%. 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 0.32% of the company shares, while shares held by institutions stand at 87.50% with a share float percentage of 87.78%. Investors are also buoyed by the number of investors in a company, with Marvell Technology Inc having a total of 1786.0 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 3.16% shares in the company for having 27.33 shares of worth $1.67 billion while later fund manager owns 21.14 shares of worth $1.29 billion as of Mar 31, 2025 , which makes it owner of about 2.45% of company’s outstanding stock.
