MRVL Chart
About

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. It operates in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 66.48B
Enterprise Value 68.55B Income 2.47B Sales 7.79B
Book/sh 16.56 Cash/sh 3.20 Dividend Yield 31.00%
Payout 8.45% Employees 7042 IPO —
P/E 27.60 Forward P/E 22.66 PEG —
P/S 8.53 P/B 4.73 P/C —
EV/EBITDA 28.00 EV/Sales 8.79 Quick Ratio 1.56
Current Ratio 2.01 Debt/Eq 33.99 LT Debt/Eq —
EPS (ttm) 2.84 EPS next Y 3.46 EPS Growth —
Revenue Growth 36.80% Earnings 2026-03-05 ROA 3.48%
ROE 18.04% ROIC — Gross Margin 50.71%
Oper. Margin 17.73% Profit Margin 31.75% Shs Outstand 847.26M
Shs Float 845.09M Short Float 4.73% Short Ratio 2.42
Short Interest — 52W High 104.67 52W Low 47.09
Beta 1.98 Avg Volume 15.88M Volume 8.36M
Target Price $115.65 Recom Buy Prev Close $77.79
Price $78.39 Change 0.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$115.65
Mean price target
2. Current target
$78.39
Latest analyst target
3. DCF / Fair value
$41.50
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$78.39
Low
$85.00
High
$156.00
Mean
$115.65

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main UBS Buy → Buy $120
2026-02-17 reit Cantor Fitzgerald Neutral → Neutral $100
2026-02-03 main Citigroup Buy → Buy $113
2026-02-03 main UBS Buy → Buy $115
2026-02-03 reit Benchmark Hold → Hold —
2026-02-03 main Needham Buy → Buy $118
2026-02-03 main Rosenblatt Buy → Buy $115
2026-01-15 init RBC Capital — → Outperform $105
2026-01-07 main Rosenblatt Buy → Buy $120
2026-01-05 up Melius Research Hold → Buy $135
2025-12-08 down Benchmark Buy → Hold —
2025-12-03 main Barclays Equal-Weight → Equal-Weight $105
2025-12-03 main Goldman Sachs Neutral → Neutral $90
2025-12-03 main Jefferies Buy → Buy $120
2025-12-03 reit B. Riley Securities Buy → Buy $130
2025-12-03 main Roth Capital Buy → Buy $135
2025-12-03 reit Piper Sandler Overweight → Overweight $135
2025-12-03 main Evercore ISI Group Outperform → Outperform $156
2025-12-03 reit Oppenheimer Outperform → Outperform $150
2025-12-03 main Stifel Buy → Buy $114
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 144662 — — MURPHY MATTHEW JOSEPH Chief Executive Officer — 2026-02-02 00:00:00 D nan
1 5131 — — CASPER MARK JOHN Officer — 2026-01-15 00:00:00 D nan
2 11466 — — BHARATHI SANDEEP Officer — 2026-01-15 00:00:00 D nan
3 26415 — — MURPHY MATTHEW JOSEPH Chief Executive Officer — 2026-01-15 00:00:00 D nan
4 59667 — — MEINTJES WILLEM A Chief Financial Officer — 2026-01-15 00:00:00 D nan
5 11361 — — KOOPMANS CHRISTOPHER R Chief Executive Officer — 2026-01-15 00:00:00 I nan
6 5000 — Sale at price 93.08 per share. CASPER MARK JOHN Officer — 2026-01-05 00:00:00 D 465400.0
7 30534 — — CASPER MARK JOHN Officer — 2025-12-15 00:00:00 D nan
8 59673 — — BHARATHI SANDEEP Officer — 2025-12-15 00:00:00 D nan
9 17100 — — MEINTJES WILLEM A Chief Financial Officer — 2025-12-15 00:00:00 D nan
Financials
Line Item2025-01-312024-01-312023-01-312022-01-31
TaxEffectOfUnusualItems-3.84M-27.53M-25.54M-4.19M
TaxRateForCalcs0.010.210.210.13
NormalizedEBITDA1.01B981.80M1.77B933.50M
TotalUnusualItems-353.90M-131.10M-121.60M-32.40M
TotalUnusualItemsExcludingGoodwill-353.90M-131.10M-121.60M-32.40M
NetIncomeFromContinuingOperationNetMinorityInterest-885.00M-933.40M-163.50M-421.00M
ReconciledDepreciation1.36B1.40B1.39B1.25B
ReconciledCostOfRevenue3.39B3.21B2.93B2.40B
EBITDA651.60M850.70M1.65B901.10M
EBIT-705.30M-547.00M255.70M-344.20M
NetInterestIncome-174.40M-191.00M-152.90M-138.50M
InterestExpense189.40M211.70M170.60M139.30M
InterestIncome15.00M20.70M17.70M800.00K
NormalizedIncome-534.94M-829.83M-67.44M-392.79M
NetIncomeFromContinuingAndDiscontinuedOperation-885.00M-933.40M-163.50M-421.00M
TotalExpenses6.13B5.94B5.56B4.78B
TotalOperatingIncomeAsReported-720.30M-567.70M238.00M-347.70M
DilutedAverageShares865.50M861.30M851.40M796.86M
BasicAverageShares865.50M861.30M851.40M796.86M
DilutedEPS-1.02-1.08-0.19-0.53
BasicEPS-1.02-1.08-0.19-0.53
DilutedNIAvailtoComStockholders-885.00M-933.40M-163.50M-421.00M
NetIncomeCommonStockholders-885.00M-933.40M-163.50M-421.00M
NetIncome-885.00M-933.40M-163.50M-421.00M
NetIncomeIncludingNoncontrollingInterests-885.00M-933.40M-163.50M-421.00M
NetIncomeContinuousOperations-885.00M-933.40M-163.50M-421.00M
TaxProvision-9.70M174.70M248.60M-62.50M
PretaxIncome-894.70M-758.70M85.10M-483.50M
OtherIncomeExpense-353.90M-131.10M-121.60M-29.70M
OtherNonOperatingIncomeExpenses11.90M12.40M2.70M
SpecialIncomeCharges-353.90M-131.10M-121.60M-32.40M
GainOnSaleOfBusiness0.00
OtherSpecialCharges100.00M
RestructuringAndMergernAcquisition353.90M131.10M21.60M32.40M
GainOnSaleOfSecurity-1.11M
NetNonOperatingInterestIncomeExpense-174.40M-191.00M-152.90M-138.50M
InterestExpenseNonOperating189.40M211.70M170.60M139.30M
InterestIncomeNonOperating15.00M20.70M17.70M800.00K
OperatingIncome-366.40M-436.60M359.60M-315.30M
OperatingExpense2.75B2.73B2.63B2.38B
ResearchAndDevelopment1.95B1.90B1.78B1.42B
SellingGeneralAndAdministration798.20M834.00M843.60M955.30M
GrossProfit2.38B2.29B2.99B2.06B
CostOfRevenue3.39B3.21B2.93B2.40B
TotalRevenue5.77B5.51B5.92B4.46B
OperatingRevenue5.77B5.51B5.92B4.46B
Line Item2025-01-312024-01-312023-01-312022-01-31
OrdinarySharesNumber866.00M865.54M856.10M846.70M
ShareIssued866.00M865.54M856.10M846.70M
NetDebt3.12B3.22B3.58B3.93B
TotalDebt4.34B4.40B4.74B4.73B
TangibleBookValue-1.27B-1.11B-1.49B-2.45B
InvestedCapital17.49B19.00B20.13B20.25B
WorkingCapital1.09B1.25B894.40M1.10B
NetTangibleAssets-1.27B-1.11B-1.49B-2.45B
CapitalLeaseObligations279.30M235.40M245.40M178.50M
CommonStockEquity13.43B14.83B15.64B15.70B
TotalCapitalization17.36B18.89B19.54B20.19B
TotalEquityGrossMinorityInterest13.43B14.83B15.64B15.70B
StockholdersEquity13.43B14.83B15.64B15.70B
GainsLossesNotAffectingRetainedEarnings400.00K1.10M0.00
OtherEquityAdjustments400.00K1.10M
RetainedEarnings-1.11B-16.70M1.12B1.49B
AdditionalPaidInCapital14.53B14.85B14.51B14.21B
CapitalStock1.70M1.70M1.70M1.70M
CommonStock1.70M1.70M1.70M1.70M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest6.78B6.40B6.88B6.41B
TotalNonCurrentLiabilitiesNetMinorityInterest4.75B4.58B4.50B5.02B
OtherNonCurrentLiabilities478.20M213.00M296.20M323.30M
TradeandOtherPayablesNonCurrent73.40M56.60M28.50M35.00M
NonCurrentDeferredLiabilities33.80M58.70M64.20M34.50M
NonCurrentDeferredTaxesLiabilities33.80M58.70M64.20M34.50M
LongTermDebtAndCapitalLeaseObligation4.17B4.25B4.11B4.63B
LongTermCapitalLeaseObligation231.00M196.00M201.60M140.30M
LongTermDebt3.93B4.06B3.91B4.48B
CurrentLiabilities2.03B1.81B2.39B1.39B
CurrentDeferredLiabilities39.80M64.90M65.20M110.20M
CurrentDeferredRevenue22.10M43.20M45.20M39.00M
CurrentDebtAndCapitalLeaseObligation177.80M146.70M628.20M101.40M
CurrentCapitalLeaseObligation48.30M39.40M43.80M38.20M
CurrentDebt129.50M107.30M584.40M63.20M
OtherCurrentBorrowings129.50M107.30M584.40M63.20M
PensionandOtherPostRetirementBenefitPlansCurrent302.50M262.70M244.50M241.30M
CurrentProvisions11.70M76.50M102.00M8.50M
PayablesAndAccruedExpenses1.50B1.26B1.35B927.20M
CurrentAccruedExpenses817.20M834.30M762.60M442.40M
InterestPayable43.50M41.30M22.10M20.10M
Payables677.80M429.10M584.20M484.80M
TotalTaxPayable55.60M17.80M118.40M23.30M
IncomeTaxPayable55.60M17.80M118.40M23.30M
AccountsPayable622.20M411.30M465.80M461.50M
TotalAssets20.20B21.23B22.52B22.11B
TotalNonCurrentAssets17.08B18.17B19.24B19.62B
OtherNonCurrentAssets74.80M56.80M58.30M61.00M
NonCurrentPrepaidAssets824.70M850.10M763.60M270.50M
NonCurrentDeferredAssets401.20M311.90M465.90M493.50M
NonCurrentDeferredTaxesAssets401.20M311.90M465.90M493.50M
InvestmentsAndAdvances48.20M45.80M36.10M30.70M
LongTermEquityInvestment48.20M45.80M36.10M30.70M
GoodwillAndOtherIntangibleAssets14.70B15.94B17.13B18.15B
OtherIntangibleAssets3.11B4.35B5.54B6.64B
Goodwill11.59B11.59B11.59B11.51B
NetPPE1.04B959.60M788.70M604.80M
AccumulatedDepreciation-1.25B-1.08B-958.10M-865.40M
GrossPPE2.28B2.04B1.75B1.47B
OtherProperties246.00M203.60M211.30M142.00M
MachineryFurnitureEquipment1.73B1.52B1.23B1.03B
LandAndImprovements312.40M306.20M
Properties306.60M312.40M0.00293.60M
CurrentAssets3.12B3.06B3.28B2.49B
OtherCurrentAssets113.90M125.90M109.60M111.00M
PrepaidAssets111.00M
Inventory1.03B864.40M1.07B720.30M
FinishedGoods320.70M340.60M312.00M141.40M
WorkInProcess709.00M523.80M756.30M578.90M
Receivables1.03B1.12B1.19B1.05B
AccountsReceivable1.03B1.12B1.19B1.05B
AllowanceForDoubtfulAccountsReceivable-2.60M-2.00M-2.10M-3.00M
GrossAccountsReceivable1.03B1.12B1.19B1.05B
CashCashEquivalentsAndShortTermInvestments948.30M950.80M911.00M613.50M
CashAndCashEquivalents948.30M950.80M911.00M613.50M
CashEquivalents57.20M2.60M150.70M177.60M
CashFinancial891.10M948.20M760.30M435.90M
Line Item2025-01-312024-01-312023-01-312022-01-31
FreeCashFlow1.39B1.02B1.07B632.40M
RepurchaseOfCapitalStock-725.00M-150.00M-115.00M0.00
RepaymentOfDebt-109.40M-1.62B-265.60M-708.00M
IssuanceOfDebt0.001.30B200.00M3.90B
CapitalExpenditure-291.60M-350.20M-217.30M-186.90M
InterestPaidSupplementalData173.40M173.70M147.90M91.20M
IncomeTaxPaidSupplementalData40.10M120.60M95.90M7.90M
EndCashPosition948.30M950.80M911.00M613.50M
BeginningCashPosition950.80M911.00M613.50M748.50M
ChangesInCash-2.50M39.80M297.50M-135.00M
FinancingCashFlow-1.38B-980.20M-662.90M2.79B
CashFlowFromContinuingFinancingActivities-1.38B-980.20M-662.90M2.79B
NetOtherFinancingCharges-428.70M-395.40M-369.20M-290.80M
ProceedsFromStockOptionExercised87.60M99.20M91.30M84.50M
CashDividendsPaid-207.50M-206.80M-204.40M-191.00M
CommonStockDividendPaid-207.50M-206.80M-204.40M-191.00M
NetCommonStockIssuance-725.00M-150.00M-115.00M0.00
CommonStockPayments-725.00M-150.00M-115.00M0.00
NetIssuancePaymentsOfDebt-109.40M-327.20M-65.60M3.19B
NetLongTermDebtIssuance-109.40M-327.20M-65.60M3.19B
LongTermDebtPayments-109.40M-1.62B-265.60M-708.00M
LongTermDebtIssuance0.001.30B200.00M3.90B
InvestingCashFlow-300.70M-350.50M-328.40M-3.75B
CashFlowFromContinuingInvestingActivities-300.70M-350.50M-328.40M-3.75B
NetOtherInvestingChanges1.30M-300.00K1.20M-3.20M
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
NetBusinessPurchaseAndSale-10.40M0.00-112.30M-3.56B
SaleOfBusiness0.00
PurchaseOfBusiness-10.40M0.00-112.30M-3.56B
NetIntangiblesPurchaseAndSale-7.00M-13.90M-11.10M-17.70M
PurchaseOfIntangibles-7.00M-13.90M-11.10M-17.70M
NetPPEPurchaseAndSale-284.60M-336.30M-206.20M-169.20M
PurchaseOfPPE-284.60M-336.30M-206.20M-169.20M
OperatingCashFlow1.68B1.37B1.29B819.30M
CashFlowFromContinuingOperatingActivities1.68B1.37B1.29B819.30M
ChangeInWorkingCapital129.10M57.80M-649.80M-662.90M
ChangeInOtherWorkingCapital18.30M2.50M29.60M
ChangeInPayablesAndAccruedExpense262.50M-121.60M359.20M199.80M
ChangeInAccruedExpense81.00M27.50M447.00M106.60M
ChangeInPayable181.50M-149.10M-87.80M93.20M
ChangeInAccountPayable181.50M-149.10M-87.80M93.20M
ChangeInPrepaidAssets3.40M-93.10M-480.40M-161.80M
ChangeInInventory-230.00M201.90M-385.90M-291.90M
ChangeInReceivables93.20M70.60M-142.70M-409.00M
ChangesInAccountReceivables93.20M70.60M-142.70M-409.00M
OtherNonCashItems65.90M54.90M101.40M284.90M
StockBasedCompensation597.40M609.80M552.40M460.70M
AssetImpairmentCharge528.80M32.90M5.60M6.20M
DeferredTax-111.90M150.80M50.40M-93.90M
DeferredIncomeTax-111.90M150.80M50.40M-93.90M
DepreciationAmortizationDepletion1.36B1.40B1.39B1.25B
DepreciationAndAmortization1.36B1.40B1.39B1.25B
AmortizationCashFlow1.05B1.10B1.09B979.40M
AmortizationOfIntangibles1.05B1.10B1.09B979.40M
Depreciation304.30M299.80M304.90M265.90M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations-885.00M-933.40M-163.50M-421.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for MRVL
Date User Asset Broker Type Position Size Entry Price Patterns