Marvell Technology, Inc. Share Price Target ‘$89.12’, now 23.4% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Marvell Technology, Inc. with ticker code (MRVL) now have 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $100.00 and $75.00 suggesting an average analyst share price target price of $89.12. (at the time of writing). Given that the stocks previous close was at $72.20 and the analysts are correct then we can expect a percentage increase in value of 23.4%. It’s also worth noting that there is a 50 day moving average of $70.46 and the 200 moving average now moves to $63.79. The company has a market capitalization of 62.39B. The current stock price for Microsoft Corporation is currently $72.08 USD

The potential market cap would be $77,014,061,489 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 $6.19 and a -1.35% 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.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search