MRVL - Marvell Technology Group Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
22.39
-0.26 (-1.17%)
As of 3:46PM EST. Market open.
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Previous Close22.65
Open22.82
Bid22.31 x 800
Ask22.33 x 1400
Day's Range22.18 - 23.35
52 Week Range18.08 - 28.86
Volume8,826,308
Avg. Volume9,679,388
Market Cap15.014B
Beta (5Y Monthly)1.27
PE Ratio (TTM)N/A
EPS (TTM)-0.68
Earnings DateMar 04, 2020
Forward Dividend & Yield0.24 (1.05%)
Ex-Dividend DateDec 23, 2019
1y Target Est29.48
  • Marvell Technology (MRVL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
    Zacks

    Marvell Technology (MRVL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    Marvell (MRVL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Marvell Partners With Analog Devices to Deliver 5G Solutions
    Zacks

    Marvell Partners With Analog Devices to Deliver 5G Solutions

    Marvell (MRVL) and Analog Devices developing next generation RU solutions optimized for a wide range of functional splits and architectures.

  • Marvell Technology (MRVL) Stock Moves -1.35%: What You Should Know
    Zacks

    Marvell Technology (MRVL) Stock Moves -1.35%: What You Should Know

    Marvell Technology (MRVL) closed the most recent trading day at $22.65, moving -1.35% from the previous trading session.

  • Marvell and Analog Devices Announce Collaboration for Highly Integrated 5G Radio Solutions
    PR Newswire

    Marvell and Analog Devices Announce Collaboration for Highly Integrated 5G Radio Solutions

    Marvell (Nasdaq: MRVL) and Analog Devices, Inc. (Nasdaq: ADI) today announced a technology collaboration leveraging Marvell's industry-leading 5G digital platform and ADI's world-class wideband RF transceiver technology to deliver fully optimized solutions for 5G base stations. As part of the collaboration, the companies will offer fully integrated 5G digital front-end (DFE) ASIC solutions with tightly coupled RF transceivers and will collaborate to develop next generation Radio Unit (RU) solutions including baseband and RF technology optimized for a diverse set of functional splits and architectures.

  • Barrons.com

    Nokia and Marvell Join List of Mobile World Conference Dropouts

    The future of this year’s edition of Mobile World Congress is seriously in doubt, as more companies cancel their participation out of concerns about the spread of the coronavirus.

  • Marvell Launches Industry's Lowest Power Automotive Ethernet PHY
    PR Newswire

    Marvell Launches Industry's Lowest Power Automotive Ethernet PHY

    Marvell (NASDAQ: MRVL), today announced the launch of its second generation 88Q1110/88Q1111 100BASE-T1 automotive Ethernet PHY with the lowest power consumption in the industry. Connected cars today require many more in-vehicle, high-speed data applications than ever before, prompting the need for innovative automotive solutions to effectively move data around the car. As a leader in networking solutions, Marvell provides a complete portfolio of automotive qualified switches, PHYs, and controller solutions that are implemented into various in-vehicle domains such as infotainment, gateway, and ADAS. The launch of Marvell's second generation 100BASE-T1 PHY broadens the physical layer transceiver product line which spans from 100Mbps to multi-gigabit and enables reliable and standards-based platforms optimized to address data-intensive applications.

  • JPMorgan: These 3 Stocks Are Well-Positioned to Benefit from 5G Ramp
    TipRanks

    JPMorgan: These 3 Stocks Are Well-Positioned to Benefit from 5G Ramp

    Investment bank JPMorgan has been looking into the advent of 5G, and pointing out possible paths that the new technology will take as it makes inroads to the digital ecosystem. The most obvious point, of course, is that by the end of this year all of the major mobile providers will have rolled out nationwide 5G networks. That shift has already begun.What is equally important, but less obvious, is that paths toward monetization are not completely clear. JPMorgan does not expect digital customers to pay for 5G specifically in selecting new plans. Customer choice of provider may hinge on the type of spectrum offered in the new networks. As of now, most are still in the low bands. Early adopting customers will see the largest – and most immediate – benefits, as they will enter mostly empty networks. As the spectrums fill – with open channels and active customers – connection speeds will slow. Late adopters will see less benefit from 5G.From the provider end, one key factor will be availability of processor chips. It’s been mentioned before that chip makers, who have had a hard time in recent years due to the US-China tariff dispute, are poised to benefit from the 5G switch. They are looking at increased production and sales, while their stock prices are depressed, offering investors a relatively low point of entry in time to take advantage of that likely increase in commerce.We’ve use TipRanks’ Stock Screener tool, with the search parameters set for a Buy rating and an upside greater than 10%, to pull up three of the chip maker stocks that JPMorgan has tapped as Buys in the 5G runup. Let's take a closer look:Qorvo, Inc. (QRVO)First on our list is Qorvo, a maker of integrated circuit chips for wireless communications applications. These are the chips that allow your smartphones and PCs to connect to your home wi-fi signal. Qorvo chips are also used in industrial radio, wireless security, remote meter reading, and cordless phones. The company is a relative newcomer, founded in 2015 through a corporate merger.In recent years, Qorvo has been impacted in multiple ways by market forces. The trade war, mentioned above, put pressure on chip industry generally, but Qorvo’s exposure to Apple led it, in late 2018, to lower 2019 guidance. The maturation of the smartphone replacement cycle, slowing down demand for wireless connection chips, hurt the company, as did competition from Broadcom for iPhone business in mid-2019.However, Qorvo has been on an upswing in recent months. Fiscal Q3 2020 results, reported at the end of January, beat the forecasts and showed modest gains year-over-year. The top line revenue came in 2% above estimates, at $869 million, for a 4.4% yoy gain. EPS was up only a half-percent yoy but was 11.4% above forecasts at $1.86. the company’s Mobile Products business was a major driver of the gains.JPMorgan’s 4-star analyst Bill Peterson stated in his recent note on QRVO, “Qorvo remains well-positioned to benefit from 5G ramps with key design wins in hand and on increasing wireless infrastructure investments as we move through the 2020. The team maintained its above market/consensus expectation of 5G smartphone units for 2020, which would reflect upside to our estimates. However, more important in our view, is the significant content growth opportunities the team is capturing. Despite 5G-led growth, the company provided a conservative view on the June quarter (initial view of Q/Q revenue decline), which takes into account potential impacts from the Coronavirus."Peterson bumped his QRVO price target up 22% to $135, and reiterated his Buy rating on the stock. His new price target indicates confidence in a 28% upside to QRVO. (To watch Peterson’s track record, click here)Overall, QRVO shares rate a Moderate Buy from the analyst consensus. This is based on 17 recent reviews, with a 10-7 split between the Buys and Holds. Shares are priced at $104.19, and the $129.93, average price target suggests an upside of 24%. (See Qorvo stock analysis at TipRanks)Qualcomm (QCOM)Next up is Qualcomm, the main supplier of modem chips to Apple’s iPhone line. Qualcomm has cemented this position – and excluded competitors – as part of its royalty dispute settlement with Apple. The settlement, reached late last year, also included a large monetary transfer in QCOM’s favor.Qualcomm reported its fiscal Q1 2020 just last week. EPS, at 99 cents, beat the forecast by 14%, although it was down 17% year-over-year. Revenue did better, beating the forecast by 5.2% and growing 4.9% yoy. The reported top line was $5.08 billion. QCOM shares have overperformed in recent months – the stock is up 24% in the last 6 months, against a NASDAQ gain of 18%.As it starts a new fiscal year, Qualcomm is taking a cautious outlook. The company sees a slower 5G ramp in China, partly due to the Coronavirus outbreak impacting travel and trade patterns. More importantly, the company sees the overall slowing in smartphone demand – as the replacement cycle for devices matures, resulting in longer device lifespans – as the key driver in chip demand. This leads back to the Apple settlement, which has locked in a major customer for QCOM.4-star JPM analyst Samik Chatterjee brings these points together in his note on QCOM shares. He writes, “Key points we would highlight to investors to address these concerns include: 1) 5G content increase, which is the underlying driver of the bull case for QCOM shares, remains intact and is delivering ahead of expectation; 2) Tough near-term unit outlook is more reflective of current market conditions, which are likely to drive smartphone industry volumes down y/y in the March quarter; and 3) Gross margin improvement is on track for QTL and QCT segments, and total company gross margins are moderating entirely driven by mix of revenues between QTL and QCT. We maintain our favorable view of the 5G content opportunity.."Chatterjee’s Buy rating is supported by a $105 price target, suggesting an upside of 20%. (To watch Chatterjee’s track record, click here)Overall, the stock has a $100 average price target, implying an upside growth potential of 15%. The analysts are split on the stock, with 10 saying Buy and 8 saying Hold, giving the stock a Moderate Buy from the analyst consensus. (See Qualcomm stock analysis at TipRanks)Marvell Technology (MRVL)Marvell is a smaller player in the semiconductor chip industry, but it maintains a world-wide presence with offices and facilities in 14 countries. The Silicon Valley company saw strong revenues in fiscal 2019, over $2.86 billion, and net profits of $179 million.The company positioned itself well last year, partnering with Samsung on 5G development and working to acquire competitors Avera and Aquantia – Avera in a deal worth $650 million and Aquantia for $450 million. Both moves were made in cash, a measure of Marvell’s fundamental strength.That strength was not clear in the Q3 results. EPS met estimates, at 17 cents, although revenues just missed at $662 million. The company chalked up the declines to seasonal slowdowns in demand. The balance sheet, however, showed $438.4 million in cash on hand – a drop of only 23% despite the company spending $1.1 billion during the year on acquisitions.The company also maintained its dividend payment during the quarter. At 6 cents per share and 1% yield, the dividend is small – smaller even then the yield on Treasury bonds – but it is reliable. The company has an 8-year history of keeping up the payments, and the payout ratio of 85% indicates that the payment is easily sustainable. It’s an added incentive for income-minded investors.Harlan Sur, a 5-star analyst with JPM, sees Marvell in a good place to benefit from 5G rollout. The analyst has recently met with Marvell’s CFO Jean Hu and Head of IR, Ashish Saran in Silicon Valley and "came away confident that the team is well positioned in 5G as it continues to ramp strongly into Samsung and remains on track to ramp Nokia in 2H20." The analyst noted, "We maintain our expectation of Marvell being well on the way to becoming a networking/ASIC/5G powerhouse and we continue to see upside to OW-rated MRVL shares from current levels."Sur’s $31 price target suggest an upside of 29% on MRVL shares, and backs up his Overweight rating. (To watch Sur’s track record, click here)Marvell’s Moderate Buy consensus rating is based on 9 Buys given recently, along with 2 holds and a single Sell. It’s a bargain stock for the chip industry, priced at just $23.69. It has an average price target of $28.83, which indicates an upside potential of 22%. Along with the modest dividend, that gives the stock a high return potential. (See Marvell stock analysis at TipRanks)

  • TheStreet.com

    Marvell Drops After Chipmaker Downgraded, Target Cut at Cowen

    Marvell Technology MRVL shares fell after a top industry analyst downgraded his rating on the semiconductor company and cut his target price.

  • MarketWatch

    Marvell stock falls after Cowen double downgrade

    Shares of Marvell Technology Group Inc. are off more than 6% in Friday trading after Cowen & Co. analyst Karl Ackerman downgraded the stock two notches, to underperform from outperform, arguing that investors have an overly rosy view of the company's revenue and earnings trajectory. He argued that the 5G infrastructure opportunity is getting pushed out, which restricts Marvell's chances for a turnaround as most of the deployments in this calendar year will happen in China, where the company has very little share. "We think bulls are anticipating $2 EPS in C21, above Street $1.48 and our new $1.25," he wrote, while lowering his price target to $18 from $27. The stock has lost 11% over the past three months, as the S&P 500 has added 8.1%.

  • Benzinga

    No Fear Friday: PreMarket Prep Recap For Feb. 7, 2020

    If Friday’s episode of PreMarket Prep is any indication, opinions are extremely divided on how the coronavirus could affect U.S. markets. Co-host Dennis Dick bemoaned the steady upward move in U.S. stocks, and said he’s still approaching this market with caution until the coronavirus gets under control. Co-host Joel Elconin is not as bearish, and is sticking to watching key technical levels.

  • PR Newswire

    Marvell Technology Group Ltd. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2020 Financial Results

    Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2020 financial results on Wednesday, March 4, 2020, at 1:45 p.m. Pacific Time.

  • Marvell Announces Dual 400GbE MACsec PHY with Class C PTP Timestamping for Data Center and 5G Infrastructure
    PR Newswire

    Marvell Announces Dual 400GbE MACsec PHY with Class C PTP Timestamping for Data Center and 5G Infrastructure

    Marvell (NASDAQ: MRVL) today announced its dual 400GbE (Gigabit Ethernet) MACsec PHY transceiver with 256-bit encryption and Class C compliant precision time protocol (PTP) timestamping, bringing advanced performance, security and transfer speeds for next-generation networking infrastructure. Hardware-based point-to-point encryption encompassing Ethernet speeds up to 400G is being deployed in cloud, carrier and enterprise networks to address the market demand for enhanced data security. In addition, the stringent timing requirements of 5G radios are driving the timing accuracy that needs to be delivered by networks supporting these services. The new 400GbE PHY device incorporates Marvell's industry-leading 56G PAM4 SerDes technology, IEEE 802.1AE 256-bit MACsec encryption and highly accurate PTP timestamping. This comprehensive and innovative feature set enables network equipment manufacturers to deliver solutions with increased throughput, enhanced security and timing precision for hyperscale data center, edge, enterprise and 5G infrastructure applications.

  • Marvell Technology (MRVL) Gains But Lags Market: What You Should Know
    Zacks

    Marvell Technology (MRVL) Gains But Lags Market: What You Should Know

    In the latest trading session, Marvell Technology (MRVL) closed at $24.21, marking a +0.71% move from the previous day.

  • Apple’s Success Reversing Patent Cases May Dim CalTech’s Win
    Bloomberg

    Apple’s Success Reversing Patent Cases May Dim CalTech’s Win

    (Bloomberg) -- If any company knows how to get rid of a billion-dollar patent-infringement verdict, it’s Apple Inc.Apple pledged to appeal Wednesday’s $1.1 billion verdict won by California Institute of Technology, in which it was told to pay $838 million and its chip supplier Broadcom Inc. was hit with $270 million in royalties by a federal jury in Los Angeles. Apple is counting on its past history challenging such verdicts to mean good odds for the future.In the past decade, the iPhone maker has evaded a $533 million verdict over controlling digital content, a $506 million judgment over microprocessor technology and a $625.5 million verdict for a way to display documents. In cases Apple hasn’t won, the company keeps fighting -- it’s been embroiled in a decade-long fight to avoid paying as much as $1 billion over secure communications to VirnetX Holding Corp.“They are certainly one of the most targeted entities out there, so it makes sense for them to aggressively defend themselves when they don’t see a path to settlement,” said Jonathan Stroud, chief intellectual property counsel for Unified Patents LLC, which challenges patents used in litigation against its members, including Apple. “Otherwise they’ll be seen as an ATM and continue to be targeted regardless.”Led by Chief Litigation Counsel Noreen Krall, Apple’s strategy has been geared to maintaining the company’s high-profit margin. That means waging a years-long battle with Samsung Electronics Co. when Apple thought the Korean electronics maker had copied iPhone designs and a no-holds-barred fight with chipmaker Qualcomm Inc. to lower royalties it pays on critical telecommunications technology.The cases don’t always end in complete victories. Apple continued to lose market share to Samsung, and its battle with Qualcomm ended in a settlement where it paid the chipmaker billions of dollars and agreed to start using its chips again.“This is just the starting point,” said Bridget Smith, a lawyer with Lowenstein & Weatherwax in Los Angeles, of Wednesday’s verdict. “They’re still going to have to win on appeal.”Apple also has been accused of being a bully when it comes to using other companies’ inventions. Medical device maker Masimo Corp. claims Apple stole health monitoring technology, and a Florida company that makes “virtual iPhones” to test for flaws has accused Apple of trying to control security research.The big-dollar verdicts against Apple are in part because of its size. The $838 million won by CalTech is less than two days’ worth of sales for Apple and is equal to less than 2% of the company’s $55.3 billion net income in fiscal 2019.Broadcom’s share of the verdict could mean a bigger rap to its bottom line. The San Jose-based chipmaker reported $22.6 billion in sales in the fiscal year ended Nov. 3, and net income of $2.7 billion. Broadcom fell as much as 2.8% Thursday on the news.CalTech said it was “committed to protecting its intellectual property in furtherance of its mission to expand human knowledge and benefit society through research integrated with education.”District Court Judge George Wu, who presided over the trial, has ordered a telephone conference Feb. 6 to determine the next steps in the case. The verdict is the sixth-largest for a patent-infringement case in U.S. history, according to data compiled by Bloomberg. No $1 billion-plus patent verdict has ever stood -- they are tossed on appeal or settle for a lower amount.“Less than a hundred million, there’s not a lot of attention,” said Bernard Chao, a professor at the University of Denver Sturm College of Law. “But when you get in excess of nine figures, I think you start raising eyebrows and drawing attention.”The biggest decision won by a university was a $1.17 billion verdict won by Carnegie Mellon University against Marvell Technology Group Ltd. in 2013. An appeals court later ordered that damages be recalculated and the case settled for $750 million.“When you have a number that big, the courts scrutinize the verdict and say ‘Is this legit?’” said Patrick McElhinny of K&L Gates in Pittsburgh, who represented Carnegie Mellon. “They typically are. As long as they are grounded in the record, they are perfectly appropriate.”Apple and other Silicon Valley companies have been trying to lower how much patent owners can collect in damages for years. They have argued too often juries are awarding big awards when the invention is for a tiny component in a complex device.The concern, said Timothy Holbrook, a professor at Emory Law in Atlanta, is “giving too much weight to the value of this technology as it relates to a broader product.”Working to limit damages is at the heart of a Supreme Court petition Apple has filed seeking to overturn a $439 million judgment won by VirnetX. In a second case involving the same patents but newer products, a federal appeals court ordered a recalculation of a $503 million verdict.“There is no doubt that they’ll spend a large amount of money to fight to the bitter end even long after it’s become crystal clear they should take responsibility via a license,” said Brad Caldwell of Caldwell Cassady Curry in Dallas, who has represented VirnetX for the past decade.Even as tech companies want to avoid paying high royalties, universities are trying to collect more money from their research, with recent lawsuits filed by the University of California against Abbott Laboratories over an infant formula and lighting companies and retailers over LED bulbs, along with a cross-country battle among research institutes over who will get royalties on ground-breaking gene-editing technology.Universities are seen as the incubators for new ideas and have to rely on a sometimes fickle federal government for funding, said Peter Corless, a patent lawyer with Mintz Levin in Boston who often represents universities.“Everyone is so under pressure to come up with funds to be more competitive and put together better packages for incoming professors,” Corless said. The universities nonetheless have been asking themselves “If we start asserting some of our patents against blue chip corporate America is that appropriate for us and who we are?”While many legal experts predict the damages award will be cut, if Apple doesn’t get an outright victory, Corless said CalTech won’t give up without a fight.“It’s a big deal,” he said. “It would change an institution if they get the money.”(Adds comment from VirnetX lawyer in 19th paragraph. An earlier version corrected the verdict amount in first deck headline.)\--With assistance from Malathi Nayak and Edvard Pettersson.To contact the reporters on this story: Susan Decker in Washington at sdecker1@bloomberg.net;Ian Lopez in Arlington at ilopez32@bloomberg.net;Matthew Bultman in Arlington at mbultman@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, ;Keith Perine at kperine2@bloomberg.net, Elizabeth Wasserman, Rebecca BakerFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Benzinga

    7 Semiconductor Stocks To Buy On Coronavirus Weakness

    Semiconductor stocks were mixed on Wednesday after a rough week of trading as concerns have grown about the impact of the Wuhan coronavirus on the Chinese economy. This week, Bank of America analyst Vivek Arya said the coronavirus creates downside risk in the first quarter for semiconductor stocks, especially those exposed to smartphone, auto and industrial end-markets.

  • Marvell Technology (MRVL) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Marvell Technology (MRVL) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Marvell Technology (MRVL) closed at $26.33, marking a +1.78% move from the previous day.

  • When Should You Buy Marvell Technology Group Ltd. (NASDAQ:MRVL)?
    Simply Wall St.

    When Should You Buy Marvell Technology Group Ltd. (NASDAQ:MRVL)?

    Let's talk about the popular Marvell Technology Group Ltd. (NASDAQ:MRVL). The company's shares led the NASDAQGS...

  • Marvell Technology (MRVL) Surges: Stock Moves 5.7% Higher
    Zacks

    Marvell Technology (MRVL) Surges: Stock Moves 5.7% Higher

    Marvell Technology (MRVL) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

  • 3 “Strong Buy” Stocks for the 5G Revolution in 2020
    TipRanks

    3 “Strong Buy” Stocks for the 5G Revolution in 2020

    5G could be the key growth driver for "tech" stocks in 2020.That's the upshot of a new report out of investment bank Needham this week, as its analysts report back from the just-ended Consumer Electronics Show in Las Vegas. Accelerating sales of both handsets and the infrastructure needed to make them work will provide a "major growth catalyst" for semiconductor-makers in particular, and tech in general, opines Needham, accelerating off a slowdown in the second half of 2019."5G handset roll-outs [will accelerate] throughout 2020, especially in the 2H," culminating in total phone sales of perhaps 200 million by the time the year is out. So... how do you plan to play this trend?Leveraging TipRanks' Stock Screener tool to comb through Needham's picks, we've come up with three stocks that win high marks not just from the analyst making this 2020 forecast -- but from Wall Street analysts in general. Here's what you need to know about them.Tower Semiconductor (TSEM)First up is Tower Semiconductor, which as the name implies is a maker of analog intensive mixed-signal semiconductor devices.Investors in Tower Semiconductor stock can expect to see "low double-digit" organic growth in 2020, says Needham analyst Rajvindra Gill. And while that may not sound like much, it's significantly faster -- potentially as much as twice as fast -- as the 6.7% growth rate that most Wall Street analysts are expecting (which could mean additional upgrades will follow as Tower delivers on its promises).Tower aims to aggressively expand capacity at its factories churning out 200mm and 300mm chips to supply growing demand for 5G smartphones, which are experiencing "stronger than expected 5G proliferation." In particular, Tower sees an opportunity to supply makers of OLED fingerprint sensors for these phones. Oh, and gross margins on these products may already have "bottomed out" at 19%.Indeed, Gill takes the lead on recommending this one, assigning Tower stock a "buy" rating and $30 price target. (To watch Gill's track record, click here)With sales growing faster than expected, and profit margins firming perhaps sooner than expected, the outlook for Tower is looking pretty good, and $30 a share is certainly not out of the question -- nearly a 17% profit from today's share price.TSEM has built its Strong Buy consensus rating on solid performance which has attracted three "buy" and one "hold" ratings in the last three months. This stock is selling for $25.55, so the $26.83 average price target implies an upside of 5%. (See Tower stock analysis at TipRanks)Marvell Technology (MRVL)Long known as a designer of analog and mixed-signal embedded and standalone integrated circuits, Needham analyst Quinn Bolton views Marvell Technology as a prime beneficiary of the growing 5G base station market, which Bolton sees as capable of producing up to $6 billion in annual sales globally.Huawei will be Marvell's primary competitor in this market, dominating sales in both China and Europe, which could pose a problem. However, the analyst still sees $4 billion in annual sales elsewhere as up for grabs. To win this work, Marvell must win business from the base station makers that aren't named Huawei, which include Ericsson, Nokia, and Samsung.The good news here (for Marvell) is that Bolton believes "Huawei’s ability to ship critical 5G infrastructure products ... targeting international markets may be further limited," decreasing the competitive threat outside of China and Europe.Result: Bolton believes Marvell stock is a "buy." In so doing, he's joining a chorus of nine other analysts who have assigned Marvell stock buy-equivalent ratings over the past month. (See Marvell stock analysis at TipRanks)Resonant Inc. (RESN) Last and certainly least-well-known, we come to Resonant. A bona fide microcap at just $80 million in market cap, Resonant hails from Goleta, California, where it's trying to build a business making designing filters for radio frequency electronics used in smartphones.The company's not profitable yet, nor free cash flow positive, yet Needham likes this one fully as much as its larger, better-known peers in the semiconductor space.Indeed, assigning Resonant a $4.50 target price (the stock costs less than $2.50 a share today), Needham's Rajvindra Gill makes the case that this stock could be a near two-bagger as it expands to serve 5G needs in an RF filter market that could grow to $28 billion in annual sales by 2025 (from just $12 billion in 2019).Ramping demand for "streaming video and increased bandwidth requirements" will be the catalyst here, as 5G speeds demand more advanced tech to service them.At the same time, though, Gill urges investors not to forget about 4G just yet, which will "continue to play major role in the market." This is because in the early stages of the 5G revolution, true 5G speeds won't be available everywhere, all the time, and investors should anticipate that "the 4G network to provide a backstop for 5G coverage holes." Because 4G is currently Resonant's strength, there's an opportunity for this tiny company to become a major player in the "old" technology as its competitors focus their attention elsewhere.Survey says... Wall Street agrees. A grand total of four out of four ratings published in the past two months say Resonant is a "buy." And even if not everyone's as optimistic as Needham, the consensus price target on this stock is still $4.25 a share -- and 71% upside for buyers today. (See Resonant’s price targets and analyst ratings on TipRanks)

  • Marvell Technology (MRVL) Gains As Market Dips: What You Should Know
    Zacks

    Marvell Technology (MRVL) Gains As Market Dips: What You Should Know

    Marvell Technology (MRVL) closed at $26.50 in the latest trading session, marking a +1.53% move from the prior day.

  • Marvell Technology Charts Mixed but the Long Term Trend Remains Positive
    TheStreet.com

    Marvell Technology Charts Mixed but the Long Term Trend Remains Positive

    Marvell Technology Group has been covered by us at Real Money. In this daily bar chart of MRVL, below, we can see that prices are above the rising 50-day moving average line and above the rising 200-day moving average line. The 200-day moving average line has a long history as a technical indicator going back at least to Joseph Granville in the 1960's. The slope of the 200-day line is positive so we can say that the long-term trend of MRVL is positive.

  • Benzinga

    December's Investor Movement Index Ends 2019 On A HIgh Note

    For the first time since the summer of 2017, TD Ameritrade’s Investor Movement Index (IMX) posted its third consecutive increase to hit a 14-month high of 5.55 through December. The most recent edition ...

  • Marvell Technology Group Ltd. (MRVL) vs. Top 20 Hedge Fund Stocks in 2019
    Insider Monkey

    Marvell Technology Group Ltd. (MRVL) vs. Top 20 Hedge Fund Stocks in 2019

    We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57% each. Hedge funds' top 3 stock picks returned 44.6% this year and beat the S&P 500 ETFs by […]

  • Here's Why We're Wary Of Buying Marvell Technology Group Ltd.'s (NASDAQ:MRVL) For Its Upcoming Dividend
    Simply Wall St.

    Here's Why We're Wary Of Buying Marvell Technology Group Ltd.'s (NASDAQ:MRVL) For Its Upcoming Dividend

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...