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Marvell Technology, Inc. (MRVL)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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66.31-0.76 (-1.13%)
At close: 4:00PM EDT
65.76 -0.55 (-0.83%)
Pre-Market: 04:33AM EDT
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Neutralpattern detected
Previous Close67.07
Open67.50
Bid0.00 x 800
Ask0.00 x 1300
Day's Range65.87 - 67.70
52 Week Range35.30 - 68.12
Volume5,228,237
Avg. Volume5,702,989
Market Cap54.327B
Beta (5Y Monthly)1.10
PE Ratio (TTM)N/A
EPS (TTM)-0.37
Earnings DateDec 01, 2021 - Dec 06, 2021
Forward Dividend & Yield0.24 (0.41%)
Ex-Dividend DateJul 08, 2021
1y Target Est69.04
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    Buy This Tech Stock Before It Soars Further

    Shares of Marvell Technology Group (NASDAQ: MRVL) have been in fine form over the past six months, beating the broader market comfortably on the back of robust demand for its chips, which are used in several fast-growing applications such as 5G wireless networks, cloud computing, automotive, and the industrial market. Shares of the company are taking off in October thanks to a spate of price-target upgrades by Wall Street analysts in response to Marvell's investor day presentation, which pointed toward an acceleration in the company's revenue and earnings. Rosenblatt Securities, for instance, raised its price target on Marvell stock to $100, which implies a 53%-plus upside from current levels, while Jefferies' price target of $82 points toward 25% upside.

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