Large-cap Technology company Marvell Technology has logged a 2.0% change today on a trading volume of 3,698,708. The average volume for the stock is 13,427,058.
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. Based in Wilmington, United States the company has 7,418 full time employees and a market cap of $46,908,698,624. Marvell Technology currently offers its equity investors a dividend that yields 0.4% per year.
The company is now trading -22.84% away from its average analyst target price of $70.69 per share. The 27 analysts following the stock have set target prices ranging from $60.0 to $100.0, and on average give Marvell Technology a rating of buy.
Over the last 52 weeks, MRVL stock has risen 12.0%, which amounts to a 1.0% difference compared to the S&P 500. The stock's 52 week high is $67.99 whereas its 52 week low is $33.75 per share. Based on Marvell Technology's average net margin growth of 18.1% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-03-16 | 2,968,900 | -277,298 | -9 | -115.25 |
| 2020-03-23 | 2,699,161 | 1,584,391 | 59 | 1083.33 |
| 2019-03-28 | 2,865,791 | -179,094 | -6 | -127.27 |
| 2018-03-08 | 2,409,170 | 520,831 | 22 | 2100.0 |
| 2017-03-28 | 2,300,992 | 21,151 | 1 | 103.23 |
| 2016-05-12 | 2,602,497 | -811,400 | -31 |
