FY2027 Earnings Estimate for MRVL Issued By Erste Group Bank

Posted by George Bondi on Jul 29th, 2026

Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) – Investment analysts at Erste Group Bank raised their FY2027 earnings per share estimates for shares of Marvell Technology in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst S. Lingnau now forecasts that the semiconductor company will post earnings of $3.08 per share for the year, up from their previous forecast of $3.07. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $3.07 per share. Erste Group Bank also issued estimates for Marvell Technology’s FY2028 earnings at $5.12 EPS.

MRVL has been the subject of several other reports. Susquehanna lifted their price objective on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Scotiabank began coverage on Marvell Technology in a report on Tuesday, May 26th. They set an “outperform” rating on the stock. Compass Point set a $190.00 price objective on Marvell Technology in a research report on Tuesday, May 26th. Raymond James Financial set a $235.00 target price on shares of Marvell Technology and gave the company a “strong-buy” rating in a research note on Thursday, May 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $360.00 price target on shares of Marvell Technology in a research note on Tuesday, July 7th. 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.45.

Check Out Our Latest Stock Report on Marvell Technology

Marvell Technology Stock Down 7.8%

Shares of NASDAQ MRVL opened at $174.47 on Wednesday. The firm’s 50-day moving average is $243.79 and its two-hundred day moving average is $154.95. The company has a market capitalization of $152.63 billion, a PE ratio of 59.75, a price-to-earnings-growth ratio of 1.18 and a beta of 2.20. Marvell Technology has a 12-month low of $61.44 and a 12-month high of $329.88. 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 (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm’s revenue was up 27.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS.

Hedge Funds Weigh In On Marvell Technology

A number of hedge funds have recently made changes to their positions 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 position in 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 purchasing an additional 85,816 shares during the period. Wilson Asset Management International PTY Ltd. increased its holdings 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 purchasing an additional 22,837 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased 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 valued at $27,105,000 after purchasing an additional 90,800 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co raised its position in Marvell Technology by 25.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after purchasing an additional 32,130 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In other news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the transaction, the chief operating officer directly owned 227,754 shares in the company, valued at $64,208,407.68. This represents a 4.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the completion of the sale, the chief financial officer directly owned 6,902 shares in the company, valued at $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 45,981 shares of company stock worth $9,835,542. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be issued a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s payout ratio is 8.22%.

Trending Headlines about Marvell Technology

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

Positive Sentiment: Marvell plans to invest $250 million in India over the next three years, expanding its Bangalore facility, workforce and technology infrastructure to support next-generation AI development. The investment could strengthen Marvell’s engineering capacity and long-term position in AI data-center infrastructure. Marvell to Invest $250 Million in India
Positive Sentiment: Erste Group Bank modestly increased its Marvell earnings forecasts to $3.08 per share for FY2027 and $5.12 for FY2028, from $3.07 and $5.09, respectively. The firm maintained a “Hold” rating, suggesting limited near-term conviction despite improving longer-term estimates. Marvell earnings estimate update
Neutral Sentiment: Some analysts continue to identify Marvell as a potential beneficiary of AI networking and data-center spending, although comparisons with other high-growth technology companies highlight differences in profitability, valuation and risk.
Negative Sentiment: Marvell was caught in a broad semiconductor selloff as investors questioned whether AI funding and infrastructure demand can support current valuations. Concerns about circular financing, an AI bubble and a narrower group of companies benefiting from the trade have pressured AI-focused chip stocks. Marvell Technology Stock Slides As AI Funding Doubts Hit Chip Stocks
Negative Sentiment: Weakness in Korean memory stocks and rising competition from Chinese chipmakers, including ChangXin Memory Technologies, have intensified concerns about semiconductor demand, pricing and the durability of AI-related growth. Is the AI Chip Trade Actually Cracking?
Negative Sentiment: Commentary that Marvell is “priced beyond perfection,” together with concerns about potential shareholder dilution, has made the stock particularly vulnerable to profit-taking after its strong multiyear advance. Marvell Technology Priced Beyond Perfection

About Marvell Technology

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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.