Currently, there are 862.20M common shares owned by the public and among those 857.68M shares have been available to trade.
The company’s stock has a 5-day price change of 13.56% and -3.51% over the past three months. MRVL shares are trading -38.12% year to date (YTD), with the 12-month market performance up to 2.97% higher. It has a 12-month low price of $47.08 and touched a high of $127.48 over the same period. MRVL has an average intraday trading volume of 20.42 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.88%, 15.06%, and -17.74% respectively.
Institutional ownership of Marvell Technology Inc (NASDAQ: MRVL) shares accounts for 83.73% of the company’s 862.20M shares outstanding.
It has a market capitalization of $58.93B and a beta (3y monthly) value of 1.75. The earnings-per-share (ttm) stands at -$0.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.53% over the week and 3.42% over the month.
Analysts forecast that Marvell Technology Inc (MRVL) will achieve an EPS of 0.67 for the current quarter, 0.73 for the next quarter and 3.58 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.66 while analysts give the company a high EPS estimate of 0.66. Comparatively, EPS for the current quarter was 0.3 a year ago. Earnings per share for the fiscal year are expected to increase by 77.55%, and 27.70% over the next financial year.
TD Cowen coverage for the Marvell Technology Inc (MRVL) stock in a research note released on May 30, 2025 offered a Buy rating with a price target of $70. Redburn Atlantic was of a view on May 28, 2025 that the stock is Neutral, while Melius gave the stock Hold rating on May 22, 2025, issuing a price target of $66. Cantor Fitzgerald on their part issued Neutral rating on May 07, 2025.
