Marvell Technology (NASDAQ:MRVL) Receives Outperform Rating from Royal Bank Of Canada

Posted by George Bondi on Aug 20th, 2026

Marvell Technology (NASDAQ:MRVL – Get Free Report)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank Of Canada in a report released on Thursday,Benzinga reports. They presently have a $360.00 price target on the semiconductor company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 53.34% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a report on Wednesday, June 24th. Loop Capital upgraded Marvell Technology to a “strong-buy” rating in a research report on Tuesday, June 16th. Morgan Stanley lifted their price target on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Marvell Technology in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and an average target price of $245.12.

View Our Latest Stock Report on MRVL

Marvell Technology Stock Performance

Shares of MRVL opened at $234.78 on Thursday. The firm’s 50 day moving average is $235.18 and its 200-day moving average is $169.36. The stock has a market capitalization of $205.38 billion, a P/E ratio of 81.54, a P/E/G ratio of 1.35 and a beta of 2.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology has a 12-month low of $61.44 and a 12-month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts anticipate that Marvell Technology will post 3.07 EPS for the current fiscal year.

Insider Transactions at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,981 shares of company stock valued at $9,753,132 in the last three months. 0.12% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Marvell Technology

A number of hedge funds have recently added to or reduced their stakes in MRVL. Focused Wealth Management Inc acquired a new stake in shares of Marvell Technology in the first quarter worth $608,000. Swedbank AB boosted its holdings in shares of Marvell Technology by 2.8% during the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock worth $315,925,000 after buying an additional 85,816 shares during the period. Wilson Asset Management International PTY Ltd. grew its stake in Marvell Technology by 20.4% in the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock valued at $11,442,000 after buying an additional 22,837 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock worth $27,105,000 after acquiring an additional 90,800 shares during the period. Finally, Varma Mutual Pension Insurance Co raised its holdings in Marvell Technology by 25.4% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after acquiring an additional 32,130 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key Stories Impacting Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Major Google AI agreement: Marvell issued Alphabet’s Google a warrant to purchase up to approximately 58.97 million shares at $206.58 per share—about 6.7% of shares outstanding and potentially worth $12.2 billion. The warrant is tied to production and deployment milestones, which could improve Marvell’s long-term revenue visibility. Marvell pops on Google AI chip deal
Positive Sentiment: Broader AI infrastructure opportunity: The partnership reportedly covers custom accelerators linked to Google’s Tensor Processing Unit ecosystem, as well as networking, storage, optical, memory-interface and near-memory technologies. Analysts estimate the maximum opportunity could approach $120 billion through fiscal 2033, although that figure depends on Google meeting purchase targets. Marvell expands Google AI partnership
Positive Sentiment: Analyst support: William Blair maintained a Buy rating, while TD Cowen raised its price target to $225 from $200. The deal also strengthens Marvell’s competitive position against Broadcom in custom AI silicon. TD Cowen raises Marvell price target
Neutral Sentiment: Earnings approaching: Investors are focused on Marvell’s upcoming quarterly results, with expectations for continued AI-driven momentum. The company previously reported revenue growth of 27.6% year over year and guided to $0.88–$0.98 in quarterly EPS. Marvell earnings preview
Negative Sentiment: Dilution and valuation concerns: If fully exercised, Google’s warrant would increase Marvell’s share count. With MRVL trading at a high earnings multiple, several analysts—including Morgan Stanley and TD Cowen—retain Hold ratings, arguing that substantial AI growth is already reflected in the stock price. Marvell deal and dilution analysis
Negative Sentiment: Insider selling adds pressure: Reports of executive share sales ahead of earnings have raised concerns about valuation and near-term volatility, even though the transactions may reflect scheduled liquidity plans. Marvell shares and insider selling

Marvell Technology Company Profile

(Get Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.