The Analyst Verdict: Marvell Tech In The Eyes Of 31 Experts

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In the latest quarter, 31 analysts provided ratings for Marvell Tech MRVL, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 12 15 4 0 0
Last 30D 0 1 0 0 0
1M Ago 3 2 0 0 0
2M Ago 9 12 3 0 0
3M Ago 0 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $123.71, along with a high estimate of $150.00 and a low estimate of $95.00. Marking an increase of 17.67%, the current average surpasses the previous average price target of $105.13.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A clear picture of Marvell Tech's perception among financial experts is painted 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
John Vinh Keybanc Raises Overweight $135.00 $125.00
Blayne Curtis Barclays Raises Overweight $150.00 $115.00
Aaron Rakers Wells Fargo Raises Overweight $140.00 $130.00
Toshiya Hari Goldman Sachs Raises Buy $131.00 $115.00
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 -

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: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Marvell Tech compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Marvell Tech's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Marvell Tech's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Marvell Tech analyst ratings.

Get to Know Marvell Tech Better

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.

Understanding the Numbers: Marvell Tech's Finances

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Marvell Tech's revenue growth over a period of 3 months has been noteworthy. As of 31 October, 2024, the company achieved a revenue growth rate of approximately 6.87%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in 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 is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -3.38%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Marvell Tech's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.32.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

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