Analysts' ratings for Marvell Tech ( MRVL ) over the last quarter vary from bullish to bearish, as provided by 26 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 10 | 12 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 9 | 12 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Marvell Tech ( MRVL ) and provided 12-month price targets. The average target is $118.88, accompanied by a high estimate of $140.00 and a low estimate of $91.00. This current average reflects an increase of 18.74% from the previous average price target of $100.12.
In examining recent analyst actions, we gain insights into how financial experts perceive Marvell Tech. ( MRVL ) The following summary 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 |
---|---|---|---|---|---|
Morgan Stanley | Raises | Equal-Weight | |||
Goldman Sachs | Raises | Buy | |||
JP Morgan | Raises | Overweight | |||
Raises | Hold | ||||
Citigroup | Raises | Buy | |||
Cantor Fitzgerald | Raises | Overweight | |||
Keybanc | Raises | Overweight | |||
UBS | Raises | Buy | |||
Craig-Hallum | Raises | Buy | |||
Oppenheimer | Raises | Outperform | |||
Harsh Kumar | Piper Sandler | Raises | Overweight | ||
Susquehanna | Raises | Positive | |||
Stifel | Raises | Buy | |||
Morgan Stanley | Raises | Equal-Weight | |||
Mark Lipacis | Raises | Outperform | |||
B of A Securities | Raises | Buy | |||
Rosenblatt | Raises | Buy | |||
Benchmark | Raises | Buy | |||
Needham | Raises | Buy | |||
Barclays | Raises | Overweight | |||
Mark Lipacis | Raises | Outperform | |||
Susquehanna | Raises | Positive | |||
Oppenheimer | Raises | Outperform | |||
Wells Fargo | Raises | Overweight | |||
Announces | Hold | - | |||
Citigroup | Maintains | Buy |
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. ( MRVL ) This insight gives a snapshot of analysts' perspectives on the current state of the company.
Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Marvell Tech ( MRVL ) compared to the broader market.
Price Targets: Analysts predict movements in price targets, offering estimates for Marvell Tech's ( MRVL ) future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Marvell Tech's ( MRVL ) 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 ( MRVL ) analyst ratings.
Marvell Technology ( MRVL ) is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell ( MRVL ) serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
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: Over the 3 months period, Marvell Tech ( MRVL ) showcased positive performance, achieving a revenue growth rate of 6.87% as of 31 October, 2024. This reflects 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -44.61%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -4.9%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -3.38%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.32, Marvell Tech ( MRVL ) adopts a prudent financial strategy, indicating a balanced approach to debt management.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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