Marvell Technology (NASDAQ:MRVL) Issues Q4 Earnings Guidance

Marvell Technology (NASDAQ:MRVLGet Free Report) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.54-0.64 for the period, compared to the consensus EPS estimate of $0.52. The company issued revenue guidance of $1.71-1.89 billion, compared to the consensus revenue estimate of $1.65 billion. Marvell Technology also updated its Q4 2025 guidance to 0.540-0.640 EPS.

Marvell Technology Trading Down 1.0 %

NASDAQ:MRVL traded down $0.95 during trading hours on Tuesday, reaching $95.91. The stock had a trading volume of 24,731,790 shares, compared to its average volume of 9,022,518. 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 $50.35 and a 52 week high of $98.72. The company has a 50 day moving average price of $83.01 and a two-hundred day moving average price of $74.56.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 11th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.25%. The ex-dividend date was Friday, October 11th. Marvell Technology’s dividend payout ratio is currently -21.62%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MRVL shares. Wells Fargo & Company boosted their target price on Marvell Technology from $90.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, November 26th. Morgan Stanley upped their price objective on Marvell Technology from $77.00 to $82.00 and gave the company an “equal weight” rating in a research report on Friday, August 30th. Barclays upped their target price on Marvell Technology from $80.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. Roth Mkm reiterated a “buy” rating and issued a $95.00 target price on shares of Marvell Technology in a report on Friday, August 30th. Finally, Oppenheimer upped their target price on Marvell Technology from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.43.

Get Our Latest Stock Analysis on MRVL

Insider Activity

In related news, CEO Matthew J. Murphy sold 6,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $73.29, for a total transaction of $439,740.00. Following the sale, the chief executive officer now directly owns 208,915 shares of the company’s stock, valued at $15,311,380.35. This trade represents a 2.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Muhammad Raghib Hussain sold 150,000 shares of the firm’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 sale, the insider now directly owns 694,487 shares in the company, valued at approximately $55,906,203.50. This trade represents a 17.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 267,000 shares of company stock valued at $20,899,260. Company insiders own 0.33% of the company’s stock.

About Marvell Technology

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Marvell Technology (NASDAQ:MRVL)

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