Marvell Technology, Inc. with ticker code (MRVL) have now 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $75.00 suggesting an average analyst share price target price of $89.29. (at the time of writing). Now with the previous closing price of $57.67 this would indicate that there is a potential upside of 54.8%. Also worth taking note is the 50 day moving average now sits at $69.63 and the 200 moving average now moves to $65.35. The company has a market cap of 50.40B. The current share price for the company is: $58.22 USD
The potential market cap would be $78,026,538,426 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.
