Marvell Technology, Inc.
- Open
- 237.79
- Day high
- 240.94
- Day low
- 232.02
- Prev close
- 243.27
- Volume
- 14.9M
- Mkt cap
- $206.5B
- P/E (TTM)
- 80.2
- EPS (TTM)
- $2.94
- P/B
- 11.3
- P/S
- 23.7
- Yield
- 0.13%
- Per share
- $0.30
- ▼Insiders net selling -$27.2M over the last 3 months (0 open-market buys, 12 sales)
- 🏛Institutions accumulating (13F)
Marvell Technology, Inc. (MRVL) is a Technology company listed on NASDAQ. The stock is up 232% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 12 sales (SEC Form 4). Drillr has 6 published research articles covering MRVL.
Marvell Technology, Inc. (MRVL) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 22 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
MRVL earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 27, 2026 | $0.80 | $0.80 | +0.3% | $2.4B | +0.5% |
| Mar 5, 2026 | $0.79 | $0.80 | +1.0% | $2.2B | +0.5% |
| Dec 2, 2025 | $0.74 | $0.76 | +2.3% | $2.1B | +0.3% |
| Aug 28, 2025 | $0.67 | $0.67 | -0.4% | $2.0B | -0.2% |
| May 29, 2025 | $0.61 | $0.62 | +1.3% | $1.9B | +1.0% |
| Mar 5, 2025 | $0.59 | $0.60 | +1.7% | $1.8B | +1.0% |
| Dec 3, 2024 | $0.41 | $0.43 | +4.9% | $1.5B | +4.1% |
| Aug 29, 2024 | $0.29 | $0.30 | +2.2% | $1.3B | +1.9% |
| May 30, 2024 | $0.24 | $0.24 | +1.2% | $1.2B | +0.6% |
| Mar 7, 2024 | $0.46 | $0.46 | -0.4% | $1.4B | +0.4% |
| Nov 30, 2023 | $0.40 | $0.41 | +2.5% | $1.4B | +1.3% |
| Aug 24, 2023 | $0.32 | $0.33 | +3.1% | $1.3B | -4.3% |
MRVL insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 1, 2026 | Koopmans Chrisofficer: President and COO | Sell | 10,000 | $281.92 |
| Jun 29, 2026 | RAMASWAMI RAJIVdirector | Option | 3,082 | — |
| Jun 29, 2026 | WALLACE RICHARD Pdirector | Grant | 1,034 | — |
| Jun 29, 2026 | Knight Maracheldirector | Grant | 1,034 | — |
| Jun 29, 2026 | Andrews Sara Cdirector | Grant | 1,034 | — |
| Jun 29, 2026 | Buss Brad Wdirector | Grant | 1,034 | — |
| Jun 29, 2026 | House Rebecca Wdirector | Grant | 1,034 | — |
| Jun 29, 2026 | RAMASWAMI RAJIVdirector | Grant | 1,034 | — |
| Jun 23, 2026 | Durn Danielofficer: Chief Financial Officer | Sell | 2,250 | $281.01 |
| Jun 17, 2026 | Bharathi Sandeepofficer: President, Data Center Group | Tax | 2,482 | $308.88 |
| Jun 17, 2026 | Bharathi Sandeepofficer: President, Data Center Group | Sell | 2,231 | $299.13 |
| Jun 17, 2026 | Bharathi Sandeepofficer: President, Data Center Group | Option | 4,713 | — |
| Jun 16, 2026 | MURPHY MATTHEW Jdirector, officer: Chairman of the Board and CEO | Sell | 7,500 | $298.76 |
| Jun 16, 2026 | House Rebecca Wdirector | Option | 3,940 | — |
| Jun 15, 2026 | Buss Brad Wdirector | Option | 3,940 | — |
Source: MRVL SEC Form 4 filings, latest Jul 1, 2026. For informational purposes only — not investment advice.
See the full MRVL insider & 13F page →MRVL research & analysis
MRVL Stock: S&P 500 Inclusion Inside the AI Chip Selloff
Marvell and Flex are joining the S&P 500 at month-end, replacing Pool and Campbell's. What it means for MRVL inside the AI semi selloff.
FLEXAVGOARM, AVGO, MRVL: AI ASIC Cohort Rotation After $218B Day
Arm, AVGO, MRVL all rotate together as the AI ASIC cohort sees positioning unwinds. What the moves signal about each name's setup heading into next earnings.
ARMAVGOAVGO Q2 FY26 -15% Sell-Off: AI Guidance Hold Resets $300B
Broadcom dropped 15% after-hours on June 3 after AI semiconductor guidance held flat. AVGO at $479.23 erased $300B as the AI ASIC cohort tested.
AVGOAVGO vs NVDA: Holding ASIC as Network Silicon Compresses
Broadcom holds its custom-ASIC franchise with Google and Meta while network-silicon margins compress. The cohort split between AVGO, NVDA, and MRVL is.
AVGONVDAMRVL +22% on Huang's Trillion-Dollar Call: The 5x Math
Marvell jumped 22% on Jensen Huang's public trillion-dollar valuation call. The 5x math requires revenue trajectory, ASIC mix, and optical positioning all.
NVDAAVGONVDA's 2026 GenAI Outlook: Top 6 Semiconductor Stocks Ranked by Upside Potential
Anchored to Motley Fool's May 2026 Nvidia alert, this analyzes six semis' GenAI exposure via latest financials/guidance. NVDA/TSM/AVGO lead rankings amid 2026 growth outlooks.
NVDATSMAVGO
Marvell Technology, Inc. company profile
Overview
Marvell Technology, Inc. (NASDAQ:MRVL) is a leading semiconductor company founded in 1995 and headquartered in Wilmington, Delaware. The company designs, develops, and sells integrated circuits that power critical infrastructure across data centers, telecommunications networks, automotive systems, and consumer electronics. Over nearly three decades, Marvell has evolved from a storage-focused semiconductor company into a major provider of data infrastructure solutions, particularly gaining prominence in the artificial intelligence and cloud computing boom of the 2020s.
Business
Marvell operates in the semiconductor industry, specifically focusing on data infrastructure solutions. The company designs and manufactures integrated circuits - complex electronic components that serve as the "brains" of various computing and networking systems. These chips enable data to move efficiently between different parts of computer systems and across networks. The company's business is organized around several key product categories. **Data Center solutions** represent the largest segment at approximately 75% of revenue, generating $1.37 billion in the most recent quarter. This includes custom AI accelerator chips (called XPUs), optical transceivers that convert electrical signals to light for high-speed data transmission, Ethernet controllers that manage network connections, and specialized processors for cloud computing applications. **Enterprise Networking products** account for roughly 10% of revenue and include network switches, physical layer transceivers (PHYs) that handle the electrical aspects of network connections, and controllers for business networking equipment. **Carrier Infrastructure solutions** represent about 6% of revenue, providing chips for telecommunications equipment including 5G base stations and optical transport systems. The remaining revenue comes from **Consumer products** (approximately 6%) primarily focused on storage controllers for hard drives and solid-state drives, and **Automotive and Industrial** solutions (about 5%) including chips for electric vehicles, autonomous driving systems, and industrial automation equipment. Marvell's products essentially serve as the fundamental building blocks that enable modern digital infrastructure to function efficiently.
Revenue model
Marvell generates revenue primarily through direct product sales of its semiconductor chips to original equipment manufacturers (OEMs), cloud service providers, telecommunications companies, and system integrators. The company operates a fabless business model, meaning it designs the chips but outsources manufacturing to specialized foundries like Taiwan Semiconductor Manufacturing Company (TSMC). The company's customers include major technology companies such as Amazon Web Services, Meta, and various hyperscale cloud providers who purchase custom AI accelerator chips and networking solutions. Telecommunications equipment manufacturers buy Marvell's carrier infrastructure products, while automotive companies integrate Marvell's chips into electric vehicles and advanced driver assistance systems. **Revenue drivers and margin factors** include several key elements. Technology leadership in advanced process nodes (like 3-nanometer and 2-nanometer chip manufacturing) allows Marvell to command premium pricing, while the shift toward AI and machine learning applications has created substantial demand for high-performance, specialized chips. Custom silicon programs, where Marvell designs chips specifically for individual customers, typically involve multi-year contracts with predictable revenue streams but may have lower initial margins due to development costs. **Margin pressures** can arise from intense competition in commodity networking chips, cyclical downturns in end markets like consumer electronics and telecommunications, and the substantial upfront investment required for new chip designs. Additionally, as newer, more complex chips require advanced manufacturing processes, the cost of production at leading-edge foundries continues to increase. Supply chain disruptions and changes in customer inventory levels can also impact both revenue timing and profitability.
Competitive moat
Marvell's competitive moat stems primarily from its deep technical expertise in complex, high-performance semiconductor design and its established relationships with leading-edge foundries and major customers. The company has built significant intellectual property around data movement and processing, particularly in areas like high-speed optical communications, custom AI accelerators, and advanced networking protocols. These technologies require years of development and substantial R&D investment, creating barriers for new entrants. The **custom silicon business** represents Marvell's strongest moat, as these multi-generational partnerships with hyperscale customers involve deep technical collaboration and switching costs. Once a customer has invested in developing systems around Marvell's custom chips, replacing them requires significant time and engineering resources. The company's ability to execute complex, large-scale chip designs with over 100 billion transistors demonstrates technical capabilities that only a few global competitors possess. However, Marvell faces **significant competitive threats** from larger semiconductor companies like Broadcom, Intel, and NVIDIA, which have greater resources for R&D and manufacturing partnerships. The rapid evolution of AI technologies also creates risk that new architectures or approaches could disrupt existing product lines. Additionally, some of Marvell's largest customers, particularly in cloud computing, have been developing their own custom chips internally, potentially reducing demand for third-party solutions. The company's moat is moderate but faces ongoing pressure from well-funded competitors and evolving customer strategies in critical markets like AI and data center infrastructure.
Risks & safety
**Overall Assessment**: Moderate financial safety with strong cash generation but elevated valuation metrics and some leverage concerns. **Cash and Debt Position**: - Cash and short-term investments: $948 million - Strong free cash flow generation: $1.4 billion annually - Debt-to-equity ratio: 0.32 (manageable but notable leverage) - Current ratio: 1.54 (adequate liquidity) - No immediate solvency concerns given strong operational cash flow **Valuation Metrics**: - EV/EBITDA: 44.3x (significantly elevated) - Price-to-book: 7.3x (high premium to book value) - Graham number suggests significant overvaluation relative to conservative metrics **Other Considerations**: - Cyclical semiconductor industry exposure creates earnings volatility - Heavy dependence on AI/data center market growth continuation - Customer concentration risk with major cloud providers - Capital-intensive industry requiring continuous R&D investment
Recent development
Over the past several years, Marvell has undergone a significant strategic transformation, pivoting from a diversified semiconductor company toward becoming a specialized provider of AI and data center infrastructure solutions. The company has **reorganized its business structure**, merging multiple product groups into two primary divisions: a dedicated Cloud Data Center group and a Multi-Market Business group, reflecting its increased focus on high-growth AI applications. The most significant development has been Marvell's **aggressive expansion into custom AI silicon**, where the company designs specialized accelerator chips for individual hyperscale customers. This business has grown from essentially zero to over $1.5 billion in annual revenue, with management targeting $2.5 billion for fiscal 2026. The company has secured major **multi-generational partnerships** with customers like Amazon Web Services, involving comprehensive agreements covering custom AI chips, networking products, and optical solutions. **Technology advancement** has been a key focus, with Marvell introducing industry-leading products like the first 3-nanometer 1.6 terabit digital signal processor and developing next-generation 2-nanometer silicon IP. The company has also invested heavily in **Co-Packaged Optics technology**, which integrates optical components directly with electronic chips to improve performance and reduce power consumption in AI systems. Simultaneously, Marvell has been **restructuring its traditional businesses**, with enterprise networking and carrier infrastructure segments experiencing cyclical downturns. The company has maintained investment in these areas while redirecting resources toward higher-growth AI applications, expecting these traditional markets to recover to approximately $2 billion combined annual revenue over time.
MRVL company profile · for informational purposes only — not investment advice.
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