Marvell Technology (NASDAQ:MRVL) Trading Down 2.2% – Should You Sell?

Marvell Technology, Inc. (NASDAQ:MRVL)’s stock price was down 2.2% during mid-day trading on Tuesday . The company traded as low as $86.77 and last traded at $88.23. Approximately 24,250,554 shares were traded during trading, an increase of 20% from the average daily volume of 20,183,412 shares. The stock had previously closed at $90.23.

Key Headlines Impacting Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Marvell agreed to acquire networking/connectivity provider XConn for about $540 million, a bolt‑on to expand its AI and data‑center connectivity product set and address more of the data‑path hardware stack. This strengthens Marvell’s go‑to‑market in servers and optical interconnects. Marvell to buy networking equipment firm XConn in $540 million deal amid AI infrastructure push
• Positive Sentiment: Market commentary and media coverage frame the XConn deal as part of a broader push to dominate AI data‑center connectivity, reinforcing Marvell’s strategic position in infrastructure for AI workloads. Marvell To Acquire XConn In $540 Million Deal To Dominate AI Data Center Connectivity
• Positive Sentiment: Analyst sentiment turned more bullish: Melius Research upgraded MRVL to Buy with a $135 price target, and Zacks highlighted Marvell among AI/data‑center‑driven picks — both signal potential upside if execution and AI demand persist. Melius Sets $135 Target on Marvell (MRVL) as Custom Silicon Demand Accelerates
• Neutral Sentiment: Industry/opinion pieces note Marvell as a beneficiary of surging memory prices and as a play on the “AI data path” beyond GPUs — useful context for medium‑term revenue mix but not an immediate stock catalyst. Marvell Technology And Astera Labs: Quiet Winners From Surging Memory Prices
• Negative Sentiment: Despite the positives, shares fell on heavier volume — likely profit‑taking after a strong run into year‑end. Elevated multiples (P/S and P/E) and the stock’s run higher amplify sensitivity to execution risks and near‑term guidance misses. Is MRVL Stock a Buy, Sell or Hold at a P/S Multiple of 7.67X?

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Jefferies Financial Group raised their target price on Marvell Technology from $80.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Summit Redstone set a $105.00 price objective on shares of Marvell Technology in a report on Wednesday, October 15th. Hsbc Global Res upgraded shares of Marvell Technology to a “hold” rating in a research report on Monday, November 24th. Roth Capital upped their target price on shares of Marvell Technology from $105.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Finally, Needham & Company LLC raised their price target on shares of Marvell Technology from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Four analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.25.

Marvell Technology Stock Down 2.2%

The stock has a market cap of $74.83 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 0.87 and a beta of 1.95. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The stock’s 50-day moving average is $87.85 and its 200-day moving average is $80.42.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.06 billion. During the same period in the prior year, the business posted $0.43 EPS. The business’s revenue for the quarter was up 36.8% compared to the same quarter last year. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. As a group, research analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, January 9th. Marvell Technology’s payout ratio is currently 8.42%.

Marvell Technology declared that its board has initiated a share repurchase program on Wednesday, September 24th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, EVP Mark Casper sold 1,253 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $101.00, for a total transaction of $126,553.00. Following the completion of the transaction, the executive vice president owned 9,023 shares in the company, valued at approximately $911,323. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.33% of the company’s stock.

Institutional Trading of Marvell Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in MRVL. Game Plan Financial Advisors LLC bought a new position in shares of Marvell Technology in the second quarter valued at $27,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Kiker Wealth Management LLC raised its position in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the period. Nova Wealth Management Inc. lifted its holdings in shares of Marvell Technology by 3,922.2% during the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 353 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its position in shares of Marvell Technology by 62.5% in the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 160 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Company Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.