Marvell Technology, Inc. which can be found using ticker (MRVL) have now 27 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $56.00 calculating the average target price we see $69.85. Given that the stocks previous close was at $46.83 this would indicate that there is a potential upside of 49.2%. It’s also worth noting that there is a 50 day moving average of $53.95 and the 200 moving average now moves to $50.66. The market capitalization for the company is 40.63B. The stock price for the company is currently $47.09 USD
The potential market cap would be $60,601,179,989 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.
