Marvell Technology, Inc. Share Price Target ‘$87.72’, now 22.0% Upside Potential

Broker Ratings
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Marvell Technology, Inc. with ticker code (MRVL) have now 30 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $100.00 and $71.00 suggesting an average analyst share price target price of $87.72. (at the time of writing). Given that the stocks previous close was at $71.92 and the analysts are correct then there would likely be a percentage uptick in value of 22.0%. Also worth taking note is the 50 day moving average now sits at $68.73 and the 200 day moving average is $61.66. The company has a market capitalization of 64.45B. The stock price for the company is currently is currently $74.47 USD

The potential market cap would be $78,611,273,227 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 $6.40 and a -1.25% 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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