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Marvell Technology Inc

Marvell Technology Inc (MRVL)

68.27
0.01
(0.01%)
Closed June 26 4:00PM
67.50
-0.77
(-1.13%)
After Hours: 7:58PM

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Key stats and details

Current Price
67.50
Bid
67.50
Ask
67.60
Volume
6,637,003
67.28 Day's Range 68.47
46.07 52 Week Range 85.7571
Market Cap
Previous Close
68.26
Open
68.08
Last Trade Time
Financial Volume
$ 450,036,371
VWAP
67.8072
Average Volume (3m)
11,509,231
Shares Outstanding
865,600,000
Dividend Yield
0.36%
PE Ratio
-63.31
Earnings Per Share (EPS)
-1.08
Revenue
5.51B
Net Profit
-933.4M

About Marvell Technology Inc

Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silico... Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for Ethernet applications. The firm is an active acquirer, with five large acquisitions since 2017 helping it pivot out of legacy consumer applications to focus on the cloud and 5G markets. Show more

Sector
Semiconductor,related Device
Industry
Semiconductor,related Device
Website
Headquarters
Dover, Delaware, USA
Founded
1970
Marvell Technology Inc is listed in the Semiconductor,related Device sector of the NASDAQ with ticker MRVL. The last closing price for Marvell Technology was $68.26. Over the last year, Marvell Technology shares have traded in a share price range of $ 46.07 to $ 85.7571.

Marvell Technology currently has 865,600,000 shares outstanding. The market capitalization of Marvell Technology is $59.09 billion. Marvell Technology has a price to earnings ratio (PE ratio) of -63.31.

Marvell Technology (MRVL) Options Flow Summary

Overall Flow

Bearish

Net Premium

-988k

Calls / Puts

146.34%

Buys / Sells

45.31%

OTM / ITM

206.06%

Sweeps Ratio

0.02%

MRVL Latest News

Marvell Technology, Inc. Declares Quarterly Dividend Payment

Marvell Technology, Inc. Declares Quarterly Dividend Payment PR Newswire SANTA CLARA, Calif., June 21, 2024 SANTA CLARA, Calif., June 21, 2024 /PRNewswire/ -- Marvell Technology, Inc.ย (NASDAQ:...

Dell Shares Drop 15% in Pre-Market; Gap Soars 24% on Surprising Quarterly Profits, and More in Earnings

Gap (NYSE:GPS) – Gap reported quarterly earnings of 41 cents per share, along with revenues of $3.39 billion in the first quarter. Analysts surveyed by LSEG had forecasted earnings of 14...

Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results

Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results PR Newswire SANTA CLARA, Calif., May 30, 2024 Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1...

Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure

Marvell Expands Connectivity Portfolio With New PCIe Retimer Product Line to Scale Compute Fabrics of Accelerated Infrastructure PR Newswire SANTA CLARA, Calif., May 30, 2024 Built on Marvell...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-5.63-7.6986188978573.1375.366.81425897170.34648368CS
4-9.4-12.223667100176.977.43566.11284072570.64152486CS
12-5.76-7.8624078624173.2678.461.72171150923170.02149455CS
266.9811.533377395960.5285.757155.631281154569.58749487CS
529.4216.219008264558.0885.757146.071133126963.90467112CS
15610.518.42105263165793.8533.751084108858.01735297CS
26043.68183.37531486123.8293.8516.451011622449.66851368CS

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MRVL Discussion

View Posts
Tiger Money Tiger Money 11 hours ago
Nice!
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Sirpeter Sirpeter 11 hours ago
My Aug. 16 calls I told you about yesterday just came through...already green...this is my repeat play I scored on earlier in the mo.
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Sirpeter Sirpeter 1 day ago
Oh good, so you're making some...
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Tiger Money Tiger Money 1 day ago
On huma, I just bought 10 7.5 July strike for .10 and sold 10 of the 12.5 July strike for .05 for $50 total for 500 shares in that range! After I did it, the .05 offer for the 12.5 went to zero and the offer on the 7.5 went to .15.
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Sirpeter Sirpeter 1 day ago
Bidding 2 Aug16 77s @$1.20
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Sirpeter Sirpeter 1 week ago
Good pick
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Tiger Money Tiger Money 1 week ago
FYI - brtx is warming up
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Sirpeter Sirpeter 1 week ago
Cleaning up on this last week helped with stand today's portfolio sell off...there maybe another play on this sometime this week
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Sirpeter Sirpeter 2 weeks ago
Analyst est are in the high 80s+...believe thats where it will go
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Sirpeter Sirpeter 2 weeks ago
Thx
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Tiger Money Tiger Money 2 weeks ago
Yes it is! Congratulations
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Sirpeter Sirpeter 2 weeks ago
Its not too late to get in my MRVL play is killing it
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Tiger Money Tiger Money 2 weeks ago
Heck yes
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Sirpeter Sirpeter 2 weeks ago
Wazz up Tiger? being over 70 today pretty much confirms an uptrend going
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Sirpeter Sirpeter 2 weeks ago
Good job Marvell...you're doing what you're supposed to
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Sirpeter Sirpeter 2 weeks ago
Earnings were out last week...pretty flat...Im buying on the higher forcast for the rest of the yr also is an AI player
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Tiger Money Tiger Money 2 weeks ago
Earnings or anything coming up or just bullish? Thanks
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Sirpeter Sirpeter 2 weeks ago
I bought 5 WMT 6/28 70s @.10...this one s/b done consolidating within a couple days then move higher
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Sirpeter Sirpeter 3 weeks ago
Looking at clues MRVL may run...6 mo chart shows it always runs from bottom of a channel
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Sirpeter Sirpeter 3 weeks ago
I have 6/21 72 and 75 calls...its hard to say which direction the stock is going at this point...drive carefully as they say
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Tiger Money Tiger Money 3 weeks ago
Any recommendations on options to buy?
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Sirpeter Sirpeter 3 weeks ago
Barchartย ->

Marvell Technology (MRVL)ย stock still looks undervalued despite disappointing resultsย released on May 30ย for the quarter that ended May 4. MRVL stock could still be worth over 31% more atย $89ย per share.

MRVL stock closed at $68.10 on Thursday, June 6, down 13% from a recentย peak of $78.33ย on May 28, before the fiscal Q1 2025 results were released. Investors were surprised that the chip design company showed a 12% lower revenue Y/Y.ย 


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Tiger Money Tiger Money 3 weeks ago
Awesome. I will take a look when out of my meeting
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Sirpeter Sirpeter 3 weeks ago
Added more 6/21 calls yesterday and this morning ...confident of a breakout just starting...playing the odds
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Sirpeter Sirpeter 3 weeks ago
Big maybe but could see 75 by then
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Tiger Money Tiger Money 3 weeks ago
No worries. My call my buy my button my loss my responsibility
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Sirpeter Sirpeter 3 weeks ago
Oh gee...didn't you had it that close ...sorry
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Tiger Money Tiger Money 3 weeks ago
Yes sir. My options expire Friday. Need a big sling shot
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Sirpeter Sirpeter 3 weeks ago
Marvell is looking marvalous so far this morning...in slingshot mode
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Sirpeter Sirpeter 3 weeks ago
Institutions own 85% of the shares here...they most likely will reload @ .60+ (by friday or Mon)...not selling any shares or June 21 options...just saying
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Tiger Money Tiger Money 3 weeks ago
I hear ya!
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Sirpeter Sirpeter 3 weeks ago
They're selling this like they're going out of business...analyst still have high expectations for this going forward...Marvell actually beat some of their expectations...I maybe stubborn but I still believe the selling is over done
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Sirpeter Sirpeter 4 weeks ago
Taking punishment its in the AI group and the 2nd half of the yr will be good for them
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Sirpeter Sirpeter 4 weeks ago
Just added... 2 June 24 75s
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Sirpeter Sirpeter 4 weeks ago
Way oversold...will recover next week
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Tiger Money Tiger Money 4 weeks ago
Oh well. We will get the next one. Back to HUMA, AGBA and ESTAโ€ฆ.
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Sirpeter Sirpeter 4 weeks ago
Yup
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Tiger Money Tiger Money 4 weeks ago
Glad I bought next weeks expiry as I almost bought tmrw expiry that would be worthless assuming the stock closes tmrw where it is at this moment.
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Sirpeter Sirpeter 4 weeks ago
Earnings miss .82%..earnings beat .22%
Mixed...good backlog so will see
Not much change in the pps so far
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Tiger Money Tiger Money 4 weeks ago
Market seems to be digesting the quarter
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Tiger Money Tiger Money 4 weeks ago
Earnings on deck!
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Sirpeter Sirpeter 1 month ago
NVDA beat est...they will be chasing Marvell next
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Monksdream Monksdream 4 months ago
MRVL new 52 week high
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djmk2 djmk2 4 months ago
Citigroup analysts replaced NVDA as their number one chip stock pick with MRVL because they felt MRVL has more upside potential.
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djmk2 djmk2 4 months ago
Both NVDA & MRVL make custom fab chips. The main difference is MRVL seems to get the cold shoulder.
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djmk2 djmk2 4 months ago
Slowly heading to $85 per share. Bullish options lately.
👍️ 1
djmk2 djmk2 4 months ago
The entire option chain and the put/call ratios look very bullish for MRLV.
Current dip is a buying opportunity.
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djmk2 djmk2 5 months ago
MRVL traded thousands of shares in the early premarket today at prices in the $72.xx range and then with about 1 1/2 hour prior to the opening bell it went from the $72.xx down to $66.93 on ZERO news. Now its approaching the $70.00 area this afternoon with no news to affect it.
If it dives early I am buying more because it usually rebounds (all or part) throughout the regular trading day.
It is affected by the slightest momentum whether it is up or down.
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PennyPusher786 PennyPusher786 5 months ago
Awesome right. And marvel operates globally, they have at least 100+ postings for jobs on LinkedIn, they have a good few thousand employees of which MANY left backgrounds of AMD and Qualcomm... Might be a $200 - $400 runner in the near term
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PennyPusher786 PennyPusher786 5 months ago
I've been watching... My wife actually brought it to my attention... funny enough. Proud of her... It was the very first stock she poured her heart into researching and she invested a small portion of her savings.

Let me know what you've got... she thinks, this may have a NVIDIA style run yet, but I'm not yet convinced. I need to get more info. Haven't invested the time yet.

Might just blow up over night with the right news and keep moving
👍️ 1

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