Marvell Technology Group Ltd

Equities

MRVL

US5738741041

Semiconductors

Market Closed - Nasdaq 21:00:02 31/05/2024 BST 5-day change 1st Jan Change
68.84 USD -10.43% Intraday chart for Marvell Technology Group Ltd -8.24% +14.14%
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Marvell Technology's Optical, Custom Silicon for AI to Drive Growth, Morgan Stanley Says MT
Evercore ISI Adjusts Price Target on Marvell Technology to $91 From $88, Maintains Outperform Rating MT
Stifel Adjusts Price Target on Marvell Technology to $90 From $86, Maintains Buy Rating MT
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Oppenheimer Raises Marvell Technology's Price Target to $90 From $80, Maintains Outperform Rating MT
B. Riley Raises Price Target on Marvell Technology to $100 From $95, Maintains Buy Rating MT
Top Premarket Decliners MT
Stocks Fall Pre-Bell Ahead of Pending Inflation Report; Asia, Europe Mostly Up MT
Morgan Stanley Raises Price Target on Marvell Technology to $77 From $71, Maintains Equalweight Rating MT
Futures slip as investors brace for inflation numbers RE
Marvell Technology's Shares Decline Pre-Bell After Fiscal Q1 Adjusted Earnings, Revenue Decline MT
Transcript : Marvell Technology, Inc., Q1 2025 Earnings Call, May 30, 2024
Marvell Technology Fiscal Q1 Adjusted Earnings, Revenue Fall; Fiscal Q2 Guidance Issued MT
Marvell Technology Guides For Q2 Revenue of $1.25 Billion, +/-5%, vs CIQ Analyst Consensus of $1.24 Billion MT
Earnings Flash (MRVL) MARVELL Reports Q1 EPS $0.24 MT
Marvell Technology misses quarterly revenue estimates RE
Earnings Flash (MRVL) MARVELL Reports Q1 Revenue $1.16B MT
(MRVL) MARVELL Forecasts Q2 EPS Range $0.29 +/- $0.05 MT
Equity Markets Lower as Traders Weigh GDP Report MT
Equity Markets Fall Intraday as Traders Parse GDP Report MT
Major tech firms develop AI networking standard but without major player Nvidia RE
Marvell Technology, Inc. Expands Connectivity Portfolio with New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure CI
Futures Decline Pre-Bell as Traders Await Key Economic Reports; Asia Down, Europe Rises MT
Nasdaq Closes Above 17,000 for First Time Amid Nvidia Rally MT
Nasdaq Closes Above 17,000 for First Time on Nvidia Rally MT
Chart Marvell Technology Group Ltd
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Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows: - data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.; - enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises; - telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.; - consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals; - automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems. Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
76.85 USD
Average target price
89.94 USD
Spread / Average Target
+17.04%
Consensus