What is Marvell Technology's (MRVL) earnings report?
Marvell Technology, Inc. (NASDAQ:MRVL) issued its earnings results on Wednesday, August, 25th. The semiconductor company reported $0.34 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.03.
What is the value of the MRVL?
Marvell (MRVL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Marvell Technology (MRVL) closed the most recent trading day at $67.73, moving +0.09% from the previous trading session.
What is Marvell Technology's (MRVL) PE ratio?
Marvell Technology (NASDAQ:MRVL) has a recorded net income of -$277.30 million. MRVL has generated -$0.53 earnings per share over the last four quarters. What is Marvell Technology's price-to-earnings ratio? Marvell Technology (NASDAQ:MRVL) has a forward price-to-earnings ratio of 84.69. The price/earnings-to-growth ratio is 3.47.
What is the price of Marvell Technology stock?
One share of MRVL stock can currently be purchased for approximately $73.10. How much money does Marvell Technology make? Marvell Technology has a market capitalization of $60.20 billion and generates $2.97 billion in revenue each year.
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Is Mrvl a buy or sell?
For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
What is the price target for MRVL?
Stock Price TargetsHigh$125.00Median$78.00Low$55.00Average$79.17Current Price$52.99
Is Marvell a good long-term stock?
Marvell Technology Out of this tumult comes semiconductor company Marvell (MRVL), which reported solid Q1 earnings, upbeat guidance for the near term, favorable long-term growth prospects, and strong fundamentals. What's more, Marvell has been rated highly by analysts.
What is Mrvl PE ratio?
Marvell Technology PE ratio as of July 18, 2022 is 38.90. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Compare MRVL With Other Stocks.
What does Marvell Technology do?
Marvell Technology, Inc., through its subsidiaries, is a supplier of infrastructure semiconductor solutions. The Company is engaged in the design, development and sale of integrated circuits.
What's the ticker symbol for Marvel?
MRVL Stock Price | Marvell Technology Inc.
Will Marvell stock go up?
Based on 19 Wall Street analysts offering 12 month price targets for Marvell in the last 3 months. The average price target is $81.11 with a high forecast of $125.00 and a low forecast of $60.00. The average price target represents a 52.13% change from the last price of $53.32.
Should I invest in Marvell?
The company's forward earnings multiple of 28 is also lower than last year's average of 38. So investors looking to buy a growth stock are getting Marvell Technology at an attractive valuation, and the massive pace of growth that it could clock in the long run makes buying this chipmaker a no-brainer right now.
Which is the best stock to invest now?
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Which ETF has Marvell?
Marvell Technology, Inc....ETFs with the most MRVL shares.TickerFund Name# OF SHARESSMHVanEck Semiconductor ETF5.31MSOXXiShares Semiconductor ETF5.05M4 more rows
What is the forward PE of AMD?
20.75Valuation Measures 4As of Date: 7/22/2022 Current12/31/2021Enterprise Value138.39B170.66BTrailing P/E32.8744.28Forward P/E20.7543.67PEG Ratio (5 yr expected)1.021.275 more rows
Is Marvell a public company?
Marvell Technology, Inc. is an American company, based in Delaware, which develops and produces semiconductors and related technology....Marvell Technology.TypePublicTotal assetsUS$22.11 billion (2021)Total equityUS$15.70 billion (2021)Number of employees6,729 (January 2022)Websitewww.marvell.com11 more rows
Will Marvell stock go up?
Based on 19 Wall Street analysts offering 12 month price targets for Marvell in the last 3 months. The average price target is $81.11 with a high forecast of $125.00 and a low forecast of $60.00. The average price target represents a 52.13% change from the last price of $53.32.
Is Marvell Technology a good buy?
Marvell's stock price has spiked since early 2020. It has pulled back in the last couple of months. With likely continued sales growth, it is currently a Buy.
How much will AMD stock rise?
The consensus view by analysts is that the stock could rise around 40% over the coming year to $143.12 from the $101.90 level as the market close on 8 June 2022. The highest AMD stock price target suggested it could almost double to $200, while even the most pessimistic pencilled in an increase of 9% to $111.
What is the target price for Microsoft?
Stock Price TargetsHigh$400.00Median$331.70Low$287.00Average$337.19Current Price$251.90
When will Marvell Technology release earnings?
Marvell Technology last released its earnings data on June 6th, 2021. The semiconductor company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. The firm earned $832.28 million during the quarter, compared to the consensus estimate of $803.02 million.
What does the blue line on the earnings chart mean?
The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.
Can you listen to Marvell's earnings call?
The conference call for Marvell Technology's latest earnings report can be listened to online. Listen to Conference Call
How long after MRVL earnings report?
Below you can see how MRVL performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
How do earnings move the market?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
What is Marvell Technology?
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, such as hard disk drive (HDD) and solid-state drive controllers, as well as HDD components, such as HDD preamps and motor combo drivers; and develops software enabled silicon solutions consisting of serial advanced technology attachment port multipliers, bridges, statistical analysis system, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprise, data centers, and cloud computing businesses. The company also provides networking products comprising Ethernet solutions; embedded communication processors; and network processors. In addition, it offers mobile and wireless products comprising communications and applications processors; connectivity solutions, including Wi-Fi, Bluetooth, global positioning system, and ZigBee, which are integrated into a variety of end devices, such as gaming devices, printers, enterprise solutions, video dongles tablets, in-car infotainment, and smart appliances; and mobile computing products. Further, the company provides printer system-on-a-chip products, as well as custom printer application-specific integrated circuits; and smart home products that are designed to enable the next generation of connected consumer platforms, and to enhance the eco-friendly Connected Lifestyle throughout the home, including platforms for set-top boxes, video dongles, and smart appliances. It operates in the United States, China, Thailand, Malaysia, the Philippines, India, Israel, Italy, Japan, Singapore, South Korea, Spain, Switzerland, and Taiwan. Marvell Technology Group Ltd. was founded in 1995 and is headquartered in Hamilton, Bermuda.
Marvell Technology (MRVL)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Earnings History
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
When will Marvell Technology release its earnings?
Marvell Technology is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021. View our earnings forecast for Marvell Technology.
What is the ticker symbol for Marvell?
Marvell Technology trades on the NASDAQ under the ticker symbol "MRVL."
What is MarketBeat community ratings?
MarketBeat's community ratings are surveys of what our community members think about Marvell Technology and other stocks. Vote “Outperform” if you believe MRVL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MRVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
How much does Marvell Technology make?
Marvell Technology has a market capitalization of $48.28 billion and generates $2.97 billion in revenue each year. The semiconductor company earns $-277,300,000.00 in net income (profit) each year or $0.58 on an earnings per share basis.
What is Marvell's P/E ratio?
The P/E ratio of Marvell Technology is -151.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Where is Marvell Technology located?
It offers compute, networking, storage and custom related solutions. The company was founded in 1995 and is headquartered in Wilmington, DE .
Does Marvell Technology have a dividend?
Marvell Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Marvell Technology is 41.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marvell Technology will have a dividend payout ratio of 17.14% next year.
How much has Marvell Technology Group stock jumped in 2021?
Why Marvell Technology Group Stock Jumped 23% in the First Half of 2021. Shares of semiconductor designer Marvell Technology Group (NASDAQ: MRVL) jumped 23% during the first half of 2021, according to data from S&P Global Market Intelligence.
What is Marvell Technology Inc?
Marvell Technology Inc. said Tuesday it has reached an agreement to acquire Innovium Inc., a provider of software for cloud and edge data centers, in an all-stock deal valued at $1.1 billion. The deal is expected to close by year-end and to add $150 million in incremental revenue in fiscal 2023.
What is fair value in accounting?
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Is Marvell a big mover?
Marvell (MRVL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.