Shares of Technology sector company Marvell Technology moved -1.2% today, and are now trading at a price of $91.42. The Large-Cap stock's daily volume was 2,581,104 compared to its average volume of 20,613,425. The S&P 500 index returned a -0.0% performance.
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company is based in Wilmington and has 7,042 full time employees. Its market capitalization is $78,813,175,808. Marvell Technology currently offers its equity investors a dividend that yields 0.3% per year.
39 analysts are following Marvell Technology and have set target prices ranging from $58.2 to $122.0 per share. On average, they have given the company a rating of buy. At today's prices, MRVL is trading 4.81% away from its average analyst target price of $87.23 per share.
Over the last year, MRVL's share price has increased by 27.5%, which represents a difference of 10.7% when compared to the S&P 500. The stock's 52 week high is $127.48 per share whereas its 52 week low is $47.09. With average free cash flows of $858.73 Million that have been growing at an average rate of 23.1% over the last 5 years, Marvell Technology is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,681,200 | 284,600 | 1,396,600 | 35.04 |
| 2023 | 1,370,500 | 336,300 | 1,034,200 | -4.47 |
| 2022 | 1,288,800 | 206,200 | 1,082,600 | 66.53 |
| 2021 | 819,300 | 169,200 | 650,100 | -8.5 |
| 2020 | 817,300 | 106,800 | 710,500 | 155.23 |
| 2019 | 360,297 | 81,921 | 278,376 |
