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 Price Performance

MRVL stock traded down $0.95 during mid-day trading on Tuesday, reaching $95.91. 24,731,790 shares of the company’s stock were exchanged, compared to its average volume of 9,022,518. The stock’s 50 day moving average is $83.01 and its 200 day moving average is $74.56. 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 12-month low of $50.35 and a 12-month high of $98.72.

Marvell Technology Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have recently weighed in on MRVL. Evercore ISI raised their target price on Marvell Technology from $98.00 to $122.00 and gave the company an “outperform” rating in a research report on Monday. Susquehanna raised their target price on Marvell Technology from $95.00 to $110.00 and gave the company a “positive” rating in a research report on Wednesday, November 27th. Rosenblatt Securities lifted their price objective on Marvell Technology from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Citigroup reiterated a “buy” rating and set a $91.00 price objective on shares of Marvell Technology in a research report on Monday, October 14th. Finally, Morgan Stanley lifted their price objective on Marvell Technology from $77.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Friday, August 30th. Three analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $96.43.

View Our Latest Stock Report on MRVL

Insider Activity

In related news, CFO Willem A. Meintjes sold 1,500 shares of Marvell Technology stock in a transaction on Monday, September 16th. The stock was sold at an average price of $73.87, for a total value of $110,805.00. Following the completion of the transaction, the chief financial officer now directly owns 111,753 shares in the company, valued at approximately $8,255,194.11. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Muhammad Raghib Hussain sold 150,000 shares of Marvell Technology stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $80.50, for a total value of $12,075,000.00. Following the completion of the transaction, the insider now owns 694,487 shares of the company’s stock, 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 ninety days, insiders sold 267,000 shares of company stock valued at $20,899,260. 0.33% of the stock is currently owned by corporate insiders.

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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