Marvell Technology, Inc. Share Price Target ‘$70.08’, now 7.2% Upside Potential

Broker Ratings
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Marvell Technology, Inc. which can be found using ticker (MRVL) have now 26 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $100.00 and $56.00 and has a mean share price target at $70.08. (at the time of writing). Now with the previous closing price of $65.36 this indicates there is a potential upside of 7.2%. It’s also worth noting that there is a 50 day moving average of $57.20 and the 200 day MA is $54.32. The company has a market capitalization of 59.15B. The current share price for the company is: $68.42 USD

The potential market cap would be $63,420,562,995 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.

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