Marvell Technology, Inc. (MRVL)
Pre-Market: 04:33AM EDT
Chart Events
Performance Outlook
| Previous Close | 67.07 |
| Open | 67.50 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1300 |
| Day's Range | 65.87 - 67.70 |
| 52 Week Range | 35.30 - 68.12 |
| Volume | 5,228,237 |
| Avg. Volume | 5,702,989 |
| Market Cap | 54.327B |
| Beta (5Y Monthly) | 1.10 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.37 |
| Earnings Date | Dec 01, 2021 - Dec 06, 2021 |
| Forward Dividend & Yield | 0.24 (0.41%) |
| Ex-Dividend Date | Jul 08, 2021 |
| 1y Target Est | 69.04 |
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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.
