Marvell Technology (NASDAQ:MRVL) Issues Q3 Earnings Guidance

Marvell Technology (NASDAQ:MRVL) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.35-0.45 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of $1.38-1.52 billion, compared to the consensus revenue estimate of $1.41 billion. Marvell Technology also updated its Q3 2025 guidance to 0.350-0.450 EPS.

Marvell Technology Stock Up 9.2 %

MRVL traded up $6.40 during midday trading on Friday, hitting $76.24. The company had a trading volume of 32,029,839 shares, compared to its average volume of 12,577,870. The company has a quick ratio of 1.24, a current ratio of 1.80 and a debt-to-equity ratio of 0.28. Marvell Technology has a 52 week low of $46.07 and a 52 week high of $85.76. The stock’s 50 day moving average price is $67.95 and its 200 day moving average price is $69.46. The company has a market capitalization of $65.99 billion, a price-to-earnings ratio of -67.47, a PEG ratio of 2.99 and a beta of 1.47.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 29th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.30. Marvell Technology had a negative net margin of 18.33% and a positive return on equity of 4.51%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the firm posted $0.18 EPS. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. On average, research analysts anticipate that Marvell Technology will post 0.75 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Friday, July 12th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.31%. The ex-dividend date was Friday, July 12th. Marvell Technology’s dividend payout ratio is presently -21.24%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MRVL shares. Oppenheimer reiterated an outperform rating and issued a $90.00 price objective (up from $80.00) on shares of Marvell Technology in a report on Friday, May 31st. Roth Mkm reissued a buy rating and set a $95.00 price objective on shares of Marvell Technology in a research note on Friday. Jefferies Financial Group started coverage on shares of Marvell Technology in a report on Monday, May 13th. They set a buy rating and a $85.00 price target on the stock. StockNews.com lowered shares of Marvell Technology from a hold rating to a sell rating in a research note on Wednesday, May 15th. Finally, Stifel Nicolaus reaffirmed a buy rating and set a $95.00 price target (up previously from $90.00) on shares of Marvell Technology in a research report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $91.62.

Insider Buying and Selling

In other news, CFO Willem A. Meintjes sold 1,500 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $66.75, for a total value of $100,125.00. Following the completion of the transaction, the chief financial officer now directly owns 113,253 shares in the company, valued at $7,559,637.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Willem A. Meintjes sold 1,500 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $66.75, for a total transaction of $100,125.00. Following the sale, the chief financial officer now directly owns 113,253 shares in the company, valued at approximately $7,559,637.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel Durn bought 1,425 shares of Marvell Technology stock in a transaction on Monday, June 24th. The shares were purchased at an average cost of $70.21 per share, with a total value of $100,049.25. Following the completion of the purchase, the director now directly owns 1,923 shares in the company, valued at $135,013.83. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 65,500 shares of company stock valued at $4,872,620. 0.33% of the stock is currently owned by company insiders.

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.