Marvell Technology, Inc. with ticker code (MRVL) have now 28 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $100.00 and $56.00 suggesting an average Analsyt target price of $67.21. Now with the previous closing price of $52.80 this is indicating there is a potential upside of 27.3%. The 50 day moving average now sits at $52.70 while the 200 day moving average is $51.81. The market capitalization for the company is 44.96B. The stock price is currently at: $52.01 USD
The potential market cap would be $57,233,693,670 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of $6.41 and a -1.1% return on assets.
Marvell Technology, Inc., through its subsidiaries, is a supplier of data infrastructure semiconductor solutions. The Company is engaged in the design, development, and sale of integrated circuits. Its product solutions serve five end markets, such as data center, enterprise networking, carrier infrastructure, consumer, and automotive/industrial. The Company’s product offerings include custom application-specific integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters, processors, and storage controllers. It develops custom system-on-a-chip (SoC) solutions tailored to individual customer specifications. Its electro-optical products include pulse amplitude modulation (PAM) and coherent digital signal processors (DSPs), laser drivers, trans-impedance amplifiers (TIAs), silicon photonics and data center interconnect (DCI) solutions. It offers a portfolio of Ethernet solutions spanning controllers, network adapters, physical transceivers, and switches.
