Marvell Technology, Inc. with ticker code (MRVL) now have 27 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 100 and 56 and has a mean target at $69.85. Now with the previous closing price of $50.69 and the analysts are correct then there would likely be a percentage uptick in value of 37.8%. It’s also worth noting that there is a 50 day moving average of $55.18 and the 200 moving average now moves to $50.34. The total market capitalization for the company now stands at 42.68B. The current share price for the company is: 49.47 USD
The potential market cap would be $58,816,092,400 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 6.56 and a -0.33% 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.
