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 Up 23.2 %

MRVL opened at $118.15 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.79. The business has a 50 day moving average of $84.44 and a 200-day moving average of $75.04. Marvell Technology has a 52 week low of $50.35 and a 52 week high of $119.88.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend was Friday, October 11th. Marvell Technology’s payout ratio is -14.12%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MRVL. JPMorgan Chase & Co. lifted their price objective on Marvell Technology from $90.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday. 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. KeyCorp lifted their target price on Marvell Technology from $95.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday. Roth Mkm reissued a “buy” rating and issued a $95.00 target price on shares of Marvell Technology in a report on Friday, August 30th. Finally, The Goldman Sachs Group lifted their target price on Marvell Technology from $77.00 to $87.00 and gave the stock a “buy” rating in a report on Friday, August 30th. Three research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.92.

View Our Latest Analysis on Marvell Technology

Insiders Place Their Bets

In related news, CEO Matthew J. Murphy sold 6,000 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $73.29, for a total transaction of $439,740.00. Following the completion of the transaction, the chief executive officer now owns 208,915 shares in the company, valued at $15,311,380.35. The trade was a 2.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Willem A. Meintjes sold 1,500 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $73.87, for a total value of $110,805.00. Following the transaction, the chief financial officer now owns 111,753 shares of the company’s stock, valued at approximately $8,255,194.11. The trade was a 1.32 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 267,000 shares of company stock valued at $20,899,260 over the last ninety days. 0.33% of the stock is owned by 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.

See Also

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

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