B. Riley Increases Earnings Estimates for Marvell Technology

Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) - Analysts at B. Riley increased their Q2 2026 earnings per share (EPS) estimates for Marvell Technology in a report released on Tuesday, December 3rd. B. Riley analyst C. Ellis now forecasts that the semiconductor company will earn $0.47 per share for the quarter, up from their prior forecast of $0.40. B. Riley has a "Buy" rating and a $135.00 price target on the stock. The consensus estimate for Marvell Technology's current full-year earnings is $0.78 per share.

A number of other research firms also recently commented on MRVL. Loop Capital boosted their price objective on shares of Marvell Technology from $95.00 to $110.00 and gave the stock a "hold" rating in a report on Wednesday. Needham & Company LLC boosted their price target on Marvell Technology from $95.00 to $120.00 and gave the stock a "buy" rating in a research note on Wednesday. Piper Sandler restated an "overweight" rating and issued a $120.00 price target (up previously from $100.00) on shares of Marvell Technology in a report on Wednesday. Wells Fargo & Company lifted their price objective on Marvell Technology from $110.00 to $130.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $125.00 target price (up previously from $114.00) on shares of Marvell Technology in a report on Wednesday. Three analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company's stock. According to MarketBeat, Marvell Technology presently has an average rating of "Moderate Buy" and a consensus price target of $119.04.

Marvell Technology Stock Performance

Shares of NASDAQ MRVL traded up $0.14 during trading on Friday, hitting $113.51. 13,771,877 shares of the company were exchanged, compared to its average volume of 12,026,631. The firm's fifty day moving average price is $86.09 and its 200 day moving average price is $75.57. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 1.26. Marvell Technology has a 1 year low of $50.56 and a 1 year high of $119.88.

Hedge Funds Weigh In On Marvell Technology

Several hedge funds and other institutional investors have recently modified their holdings of the company. Oddo BHF Asset Management Sas purchased a new position in Marvell Technology in the third quarter valued at approximately $10,944,000. Beaird Harris Wealth Management LLC raised its stake in shares of Marvell Technology by 2,313.8% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 700 shares of the semiconductor company's stock valued at $50,000 after acquiring an additional 671 shares during the period. Peapack Gladstone Financial Corp lifted its holdings in shares of Marvell Technology by 27.3% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 23,312 shares of the semiconductor company's stock valued at $1,681,000 after acquiring an additional 5,005 shares in the last quarter. Synovus Financial Corp boosted its position in Marvell Technology by 60.5% during the 3rd quarter. Synovus Financial Corp now owns 6,489 shares of the semiconductor company's stock worth $468,000 after purchasing an additional 2,445 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Marvell Technology in the 3rd quarter valued at $3,432,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Marvell Technology

In related news, EVP Mark Casper sold 2,500 shares of Marvell Technology stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $70.83, for a total value of $177,075.00. Following the transaction, the executive vice president now owns 22,494 shares in the company, valued at approximately $1,593,250.02. This trade represents a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the company's stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $73.87, for a total value of $110,805.00. Following the sale, the chief financial officer now owns 111,753 shares of the company's stock, valued at $8,255,194.11. This represents a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 267,000 shares of company stock worth $20,899,260 in the last 90 days. 0.33% of the stock is owned by company insiders.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.21%. The ex-dividend date was Friday, October 11th. Marvell Technology's payout ratio is -14.12%.

Marvell Technology Company Profile

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.