Roth Capital Has Positive Estimate for MRVL Q2 Earnings

Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) - Equities researchers at Roth Capital lifted their Q2 2026 earnings per share (EPS) estimates for Marvell Technology in a note issued to investors on Wednesday, December 4th. Roth Capital analyst S. Desilva now forecasts that the semiconductor company will earn $0.43 per share for the quarter, up from their prior estimate of $0.37. The consensus estimate for Marvell Technology's current full-year earnings is $0.78 per share.

MRVL has been the subject of several other research reports. The Goldman Sachs Group increased their target price on shares of Marvell Technology from $87.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday. Bank of America increased their price objective on shares of Marvell Technology from $108.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday. UBS Group boosted their target price on Marvell Technology from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Wednesday. Oppenheimer upped their price target on Marvell Technology from $110.00 to $125.00 and gave the stock an "outperform" rating in a research note on Wednesday. Finally, Morgan Stanley lifted their price objective on Marvell Technology from $82.00 to $102.00 and gave the company an "equal weight" rating in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Marvell Technology presently has a consensus rating of "Moderate Buy" and a consensus price target of $119.04.

Marvell Technology Trading Up 0.1 %

Shares of NASDAQ MRVL traded up $0.14 during mid-day trading on Friday, reaching $113.51. 13,771,877 shares of the company's stock were exchanged, compared to its average volume of 12,026,631. The company's 50-day moving average is $86.09 and its 200-day moving average is $75.57. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.79. Marvell Technology has a 52-week low of $50.56 and a 52-week high of $119.88.

Marvell Technology Dividend Announcement

The business 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. The ex-dividend date was Friday, October 11th. This represents a $0.24 annualized dividend and a yield of 0.21%. Marvell Technology's dividend payout ratio is currently -14.12%.

Insiders Place Their Bets

In related news, insider Muhammad Raghib Hussain sold 150,000 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $80.50, for a total value of $12,075,000.00. Following the completion of the sale, the insider now directly owns 694,487 shares of the company's stock, valued at $55,906,203.50. This represents a 17.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark Casper sold 2,500 shares of the firm's stock in a transaction that occurred 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 $1,593,250.02. This represents a 10.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 267,000 shares of company stock valued at $20,899,260. 0.33% of the stock is owned by corporate insiders.

Institutional Trading of Marvell Technology

Large investors have recently bought and sold shares of the business. True Wealth Design LLC raised its holdings in shares of Marvell Technology by 1,481.8% in the third quarter. True Wealth Design LLC now owns 348 shares of the semiconductor company's stock valued at $25,000 after buying an additional 326 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Marvell Technology during the 2nd quarter valued at approximately $32,000. Quarry LP purchased a new stake in Marvell Technology during the 2nd quarter valued at approximately $32,000. Whittier Trust Co. lifted its position in Marvell Technology by 74.5% during the 3rd quarter. Whittier Trust Co. now owns 492 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 210 shares during the period. Finally, Goodman Advisory Group LLC acquired a new position in shares of Marvell Technology in the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 83.51% of the company's stock.

About Marvell Technology

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.