Marvell Technology, Inc. which can be found using ticker (MRVL) have now 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $120.00 and $74.20 calculating the mean target price we have $92.11. Now with the previous closing price of $71.81 this indicates there is a potential upside of 28.3%. It’s also worth noting that there is a 50 day moving average of $68.06 and the 200 moving average now moves to $68.29. The total market capitalization for the company now stands at 61.67B. The price for the stock stands currently at: $71.20 USD
The potential market cap would be $79,107,930,478 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 $6.11 and a -1.17% 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.
