Read Our Investor Brief on Marvell Technology

Shares of Technology sector company Marvell Technology moved 3.5% today, and are now trading at a price of $40.67. The large-cap stock's daily volume was 11,871,673 compared to its average volume of 11,692,666. The S&P 500 index returned a 0.4% performance.

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. The company is based in Wilmington and has 6,695 full time employees. Its market capitalization is $34,699,640,832. Marvell Technology currently offers its equity investors a dividend that yields 0.6% per year.

27 analysts are following Marvell Technology and have set target prices ranging from $41 to $125 per share. On average, they have given the company a rating of buy. At today's prices, MRVL is trading -34.81% away from its average analyst target price of $62.39 per share.

Over the last year, MRVL shares have gone down by -47.6%, which represents a difference of -35.0% when compared to the S&P 500. The stock's 52 week high is $81.54 per share and its 52 week low is $33.75. With average free cash flows of $528,243,750.0 that have been growing at an average rate of 33.1% over the last four years, Marvell Technology declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ MM) Capital expenditures ($ MM) Free Cash Flow ($ MM) YoY Growth (%)
2022-01-31 819 -187 632 -9.39
2021-01-31 817 -120 698 154.98
2020-01-31 360 -87 274 -46.26
2019-01-31 597 -87 509 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.