Zacks Research Brokers Boost Earnings Estimates for MRVL

Marvell Technology, Inc. (NASDAQ:MRVL) – Analysts at Zacks Research increased their Q2 2026 EPS estimates for shares of Marvell Technology in a report issued on Wednesday, June 11th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $0.51 per share for the quarter, up from their previous estimate of $0.46. The consensus estimate for Marvell Technology’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for Marvell Technology’s Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $2.16 EPS, Q2 2027 earnings at $0.67 EPS, Q4 2027 earnings at $0.77 EPS and FY2027 earnings at $2.78 EPS.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, May 29th. The semiconductor company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01. Marvell Technology had a negative net margin of 7.56% and a positive return on equity of 8.42%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the prior year, the firm earned $0.24 EPS. The business’s revenue was up 63.3% on a year-over-year basis.

MRVL has been the subject of a number of other reports. TD Cowen upped their price objective on shares of Marvell Technology from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, May 30th. Loop Capital lowered their price target on shares of Marvell Technology from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, May 30th. Susquehanna cut their price objective on Marvell Technology from $110.00 to $90.00 and set a “positive” rating on the stock in a report on Tuesday, May 27th. Redburn Atlantic started coverage on Marvell Technology in a research report on Wednesday, May 28th. They set a “neutral” rating and a $67.00 price objective on the stock. Finally, Needham & Company LLC dropped their target price on Marvell Technology from $100.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, May 30th. Seven analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $94.73.

Marvell Technology Stock Performance

Shares of NASDAQ:MRVL opened at $69.99 on Monday. Marvell Technology has a 1 year low of $47.09 and a 1 year high of $127.48. The stock has a market capitalization of $60.46 billion, a price-to-earnings ratio of -122.79, a price-to-earnings-growth ratio of 0.77 and a beta of 1.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.30 and a quick ratio of 0.94. The company’s 50 day simple moving average is $60.89 and its 200 day simple moving average is $84.87.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Friday, July 11th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date is Friday, July 11th. Marvell Technology’s payout ratio is -42.11%.

Insider Buying and Selling at Marvell Technology

In other news, CFO Willem A. Meintjes sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $60.00, for a total transaction of $90,000.00. Following the transaction, the chief financial officer now directly owns 124,348 shares of the company’s stock, valued at $7,460,880. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Panteha Dixon sold 1,286 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $65.00, for a total transaction of $83,590.00. Following the sale, the chief accounting officer now owns 32,094 shares of the company’s stock, valued at $2,086,110. This trade represents a 3.85% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,394 shares of company stock valued at $1,656,076. Corporate insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MRVL. Centricity Wealth Management LLC bought a new position in shares of Marvell Technology in the 4th quarter worth $26,000. Rialto Wealth Management LLC bought a new stake in shares of Marvell Technology in the 4th quarter worth approximately $27,000. Lee Danner & Bass Inc. purchased a new stake in Marvell Technology during the 4th quarter valued at about $35,000. Capital Analysts LLC increased its holdings in shares of Marvell Technology by 236.3% in the 4th quarter. Capital Analysts LLC now owns 343 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 241 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new position in shares of Marvell Technology during the fourth quarter valued at approximately $44,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

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.