NasdaqGS - Nasdaq Real Time Price • USD
Marvell Technology, Inc. (MRVL)
At close: April 18 at 4:00 PM EDT
Pre-Market: 9:21 AM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| No. of Analysts | 26 | 26 | 28 | 27 |
| Avg. Estimate | 0.24 | 0.29 | 1.42 | 2.4 |
| Low Estimate | 0.23 | 0.25 | 1.14 | 1.87 |
| High Estimate | 0.5 | 0.54 | 2.24 | 2.91 |
| Year Ago EPS | 0.31 | 0.33 | 1.51 | 1.42 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| No. of Analysts | 25 | 25 | 29 | 28 |
| Avg. Estimate | 1.17B | 1.23B | 5.33B | 6.97B |
| Low Estimate | 1.15B | 1.18B | 4.92B | 6B |
| High Estimate | 1.49B | 1.53B | 6.37B | 7.53B |
| Year Ago Sales | -- | -- | 5.51B | 5.33B |
| Sales Growth (year/est) | -- | -- | -3.20% | 30.80% |
Earnings History
| CURRENCY IN USD | 4/30/2023 | 7/31/2023 | 10/31/2023 | 1/31/2024 |
|---|---|---|---|---|
| EPS Est. | 0.29 | 0.32 | 0.4 | 0.46 |
| EPS Actual | 0.31 | 0.33 | 0.41 | 0.46 |
| Difference | 0.02 | 0.01 | 0.01 | 0 |
| Surprise % | 6.90% | 3.10% | 2.50% | 0.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| Current Estimate | 0.24 | 0.29 | 1.42 | 2.4 |
| 7 Days Ago | 0.24 | 0.29 | 1.41 | 2.38 |
| 30 Days Ago | 0.24 | 0.29 | 1.41 | 2.39 |
| 60 Days Ago | 0.41 | 0.45 | 2.01 | 2.82 |
| 90 Days Ago | 0.41 | 0.45 | 2.03 | 2.77 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2025) | Next Year (2026) |
|---|---|---|---|---|
| Up Last 7 Days | -- | 1 | 1 | 2 |
| Up Last 30 Days | -- | 1 | 1 | 3 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | 1 | 2 | -- |
Growth Estimates
| CURRENCY IN USD | MRVL | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -22.60% | -- | -- | 0.80% |
| Next Qtr. | -12.10% | -- | -- | 9.60% |
| Current Year | -6.00% | -- | -- | 4.50% |
| Next Year | 69.00% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 18.20% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 25.66% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Initiated | Evercore ISI Group: Outperform | 4/16/2024 |
| Maintains | Roth MKM: Buy to Buy | 4/12/2024 |
| Maintains | Stifel: Buy to Buy | 4/12/2024 |
| Reiterates | Cantor Fitzgerald: Overweight to Overweight | 4/12/2024 |
| Reiterates | Needham: Buy to Buy | 4/12/2024 |
| Maintains | Keybanc: Overweight to Overweight | 4/8/2024 |
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