While Marvell Technology Inc has overperformed by 2.29%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MRVL rose by 63.97%, with highs and lows ranging from $127.48 to $53.19, whereas the simple moving average jumped by 38.40% in the last 200 days.
On January 27, 2025, Melius started tracking Marvell Technology Inc (NASDAQ: MRVL) recommending Buy. A report published by Wells Fargo on December 04, 2024, Reiterated its previous ‘Overweight’ rating for MRVL. UBS also reiterated MRVL shares as ‘Buy’, quoting a target price of $115 on the company’s shares in a report dated December 04, 2024. The Benchmark Company Reiterated the rating as Buy on December 04, 2024, but set its price target from $115 to $135. TD Cowen resumed its ‘Buy’ rating for MRVL, as published in its report on December 04, 2024. Susquehanna’s report from December 04, 2024 suggests a price prediction of $125 for MRVL shares, giving the stock a ‘Positive’ rating. Stifel also rated the stock as ‘Buy’.
Analysis of Marvell Technology Inc (MRVL)
MRVL currently pays a dividend of $0.24 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 6.87%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Marvell Technology Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -10.33% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.11, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 14.03M can be a very valuable indicator of volatility for MRVL stock. On a monthly basis, the volatility of the stock is set at 3.84%, whereas on a weekly basis, it is put at 4.91%, with a loss of -9.00% over the past seven days. Furthermore, long-term investors anticipate a median target price of $131.12, showing growth from the present price of $112.86, which can serve as yet another indication of whether MRVL is worth investing in or should be passed over.
How Do You Analyze Marvell Technology Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.86%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 84.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MRVL shares are owned by institutional investors to the tune of 84.21% at present.
