Marvell Technology (NASDAQ:MRVL) Shares Down 4% Following Analyst Downgrade

Marvell Technology, Inc. (NASDAQ:MRVL) was down 4% during trading on Tuesday after Citigroup lowered their price target on the stock from $114.00 to $113.00. Citigroup currently has a buy rating on the stock. Marvell Technology traded as low as $72.79 and last traded at $75.54. Approximately 22,035,554 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 14,912,365 shares. The stock had previously closed at $78.66.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada started coverage on shares of Marvell Technology in a report on Wednesday, January 14th. They issued an “outperform” rating and a $105.00 price objective for the company. Evercore ISI increased their price target on Marvell Technology from $122.00 to $156.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Summit Redstone set a $105.00 price objective on Marvell Technology in a report on Wednesday, October 15th. Cantor Fitzgerald set a $100.00 target price on Marvell Technology in a research report on Tuesday, December 16th. Finally, Needham & Company LLC dropped their price target on Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.31.

Insiders Place Their Bets

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is owned by company insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Completed Celestial AI acquisition expands Marvell’s addressable market with Photonic Fabric™ optical interconnect tech that targets large-scale AI deployments; this is a multi-year growth catalyst (contribution expected later, per company communication). Marvell Completes Acquisition of Celestial AI
• Positive Sentiment: Analyst and media coverage highlights Marvell’s strong secular position in AI infrastructure (networking, optical interconnects, custom ASICs) and above‑average financial growth, supporting a multi-quarter growth narrative. Is Marvell (MRVL) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: MarketRank / institutional support stories underscore broad analyst/investor conviction and high institutional ownership, which can amplify rebounds if upcoming catalysts (quarterly guidance, integration updates) are positive. Top 5 MarketRank™ Stocks Backed by Analysts and Big Institutions (MRVL)
• Neutral Sentiment: Needham and other boutiques kept constructive ratings but lowered price targets, flagging the acquisition as a long‑term positive while warning of near‑term EPS pressure — suggests volatility as investors reprice timing of benefits. Marvell Technology: Celestial AI Acquisition Unlocks Long-Term Photonics-Driven Growth Despite Near-Term EPS Pressure
• Neutral Sentiment: Longer-term scenario pieces argue Marvell is positioned to benefit from rising AI infrastructure spend; these are strategic/conviction reads but not immediate price catalysts. Where Will Marvell Stock Be In 5 Years?
• Negative Sentiment: Several sell‑side firms trimmed price targets (examples: Citigroup, Rosenblatt, Needham lowered PTs; Benchmark reiterated a Hold). Those downgrades/trimmed targets are driving near‑term selling and headline risk despite many analysts remaining Buy. Marvell Technology Stock Slips As Analysts Cut Price Targets

Hedge Funds Weigh In On Marvell Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC bought a new position in shares of Marvell Technology in the 4th quarter valued at $25,000. Game Plan Financial Advisors LLC bought a new stake in Marvell Technology during the 2nd quarter worth $27,000. Atlantic Edge Private Wealth Management LLC increased its holdings in 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 purchasing an additional 200 shares in the last quarter. Kiker Wealth Management LLC raised its position in Marvell Technology by 374.7% in the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Finally, Nova Wealth Management Inc. boosted its stake 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 in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

The company has a fifty day moving average price of $85.80 and a two-hundred day moving average price of $81.55. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64. The company has a market capitalization of $64.07 billion, a P/E ratio of 26.51, a PEG ratio of 0.76 and a beta of 1.97.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.02. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. Marvell Technology’s revenue for the quarter was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities analysts forecast 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 was paid on Thursday, January 29th. Stockholders of record on Friday, January 9th were 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 was Friday, January 9th. Marvell Technology’s dividend payout ratio is currently 8.42%.

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.