Breaking Down Marvell Tech: 28 Analysts Share Their Views

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Analysts' ratings for Marvell Tech MRVL over the last quarter vary from bullish to bearish, as provided by 28 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 12 12 4 0 0
Last 30D 2 0 0 0 0
1M Ago 0 0 1 0 0
2M Ago 9 12 3 0 0
3M Ago 1 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $120.36, a high estimate of $149.00, and a low estimate of $91.00. Witnessing a positive shift, the current average has risen by 17.75% from the previous average price target of $102.22.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of Marvell Tech among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christian Schwab Craig-Hallum Raises Buy $149.00 $132.00
Tore Svanberg Stifel Raises Buy $130.00 $125.00
Joseph Moore Morgan Stanley Raises Equal-Weight $120.00 $102.00
Toshiya Hari Goldman Sachs Raises Buy $115.00 $87.00
Harlan Sur JP Morgan Raises Overweight $130.00 $90.00
Gary Mobley Loop Capital Raises Hold $110.00 $95.00
Atif Malik Citigroup Raises Buy $112.00 $91.00
Matthew Prisco Cantor Fitzgerald Raises Overweight $135.00 $120.00
John Vinh Keybanc Raises Overweight $125.00 $95.00
Timothy Arcuri UBS Raises Buy $115.00 $110.00
Christian Schwab Craig-Hallum Raises Buy $132.00 $88.00
Rick Schafer Oppenheimer Raises Outperform $125.00 $110.00
Harsh Kumar Piper Sandler Raises Overweight $120.00 $100.00
Christopher Rolland Susquehanna Raises Positive $125.00 $110.00
Tore Svanberg Stifel Raises Buy $125.00 $114.00
Joseph Moore Morgan Stanley Raises Equal-Weight $102.00 $82.00
Mark Lipacis Evercore ISI Group Raises Outperform $127.00 $122.00
Vivek Arya B of A Securities Raises Buy $125.00 $108.00
Hans Mosesmann Rosenblatt Raises Buy $140.00 $120.00
Cody Acree Benchmark Raises Buy $135.00 $115.00
Quinn Bolton Needham Raises Buy $120.00 $95.00
Blayne Curtis Barclays Raises Overweight $115.00 $85.00
Mark Lipacis Evercore ISI Group Raises Outperform $122.00 $98.00
Christopher Rolland Susquehanna Raises Positive $110.00 $95.00
Rick Schafer Oppenheimer Raises Outperform $110.00 $90.00
Aaron Rakers Wells Fargo Raises Overweight $110.00 $90.00
Gary Mobley Loop Capital Announces Hold $95.00 -
Atif Malik Citigroup Maintains Buy $91.00 $91.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Marvell Tech. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Marvell Tech compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Marvell Tech's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Marvell Tech's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Marvell Tech analyst ratings.

Delving into Marvell Tech's Background

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

Key Indicators: Marvell Tech's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Marvell Tech's remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 6.87%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Marvell Tech's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -44.61%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Marvell Tech's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.9%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Marvell Tech's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -3.38%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.32.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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