MRVL Stock Analysis: Marvell Technology | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 203.970m USD | 12M Return: 255.3% | US5738741041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.18B
EPS Trend: 92.5%
Qual. Beats: -1
Rev. Trend: 93.9%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Marvell Technology is a U.S.-headquartered fabless semiconductor company that designs data infrastructure chips spanning from the data center core to the network edge. Its product portfolio includes ethernet controllers, network adapters, physical transceivers and switches, single and multi-core processors, custom application-specific integrated circuits (ASICs), fibre channel adapters, and storage controllers for hard disk and solid-state drives. The company also offers a broad set of interconnect technologies, such as coherent and coherent-lite digital signal processors (DSPs), silicon photonics, co-packaged optics, linear pluggable optics, active electrical cable DSPs, and PCIe retimer solutions, alongside host interface products supporting SATA, SAS, PCIe, NVMe, and NVMe-over-fabrics standards. Marvell sells through both direct customers and distributors, serving data center, communications, and other end markets across the Americas, Asia, and other international regions. The company was incorporated in 1995 and is headquartered in Wilmington, Delaware.
Marvell operates within the GICS Information Technology sector, specifically the Semiconductors sub-industry, and follows a fabless model that outsources wafer manufacturing and focuses internal resources on chip design, IP development, and reference platforms. Demand for its products is closely tied to hyperscale data center build-outs, cloud and enterprise networking upgrades, and the rollout of high-speed optical interconnects used to link AI training clusters and large-scale storage systems.
- Custom AI silicon revenue surges from hyperscaler cloud customers
- China export controls threaten significant data center chip revenue
- Optical DSP and interconnect demand grows with AI data center buildouts
| Net Income: 2.64b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.15 > 1.0 |
| NWC/Revenue: 57.35% < 20% (prev 29.21%; Δ 28.14% < -1%) |
| CFO/TA 0.08 > 3% & CFO 2.20b > Net Income 2.64b |
| Net Debt (1.68b) to EBITDA (4.76b): 0.35 < 3 |
| Current Ratio: 3.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (921.2m) vs 12m ago 5.84% < -2% |
| Gross Margin: 51.42% > 18% (prev 44.64%; Δ 6.78% > 0.5%) |
| Asset Turnover: 39.26% > 50% (prev 35.14%; Δ 4.12% > 0%) |
| Interest Coverage Ratio: 16.15 > 6 (EBIT TTM 3.50b / Interest Expense TTM 216.4m) |
| A: 0.20 (Total Current Assets 7.92b - Total Current Liabilities 2.50b) / Total Assets 27.6b |
| B: 0.06 (Retained Earnings 1.59b / Total Assets 27.6b) |
| C: 0.15 (EBIT TTM 3.50b / Avg Total Assets 24.1b) |
| D: 2.05 (Book Value of Equity 18.5b / Total Liabilities 9.02b) |
| Altman-Z'' = 4.61 = AA |
| DSRI: 1.17 (Receivables 2.22b/1.45b, Revenue 9.45b/7.23b) |
| GMI: 0.87 (GM 44.64% / 51.42%) |
| AQI: 0.91 (AQ_t 0.66 / AQ_t-1 0.73) |
| SGI: 1.31 (Revenue 9.45b / 7.23b) |
| TATA: 0.02 (NI 2.64b - CFO 2.20b) / TA 27.6b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of September 15, 2026, the stock is trading at USD 236.10 with a total of 17,134,464 shares traded. Over the past week, the price has changed by +13.06%, over one month by +11.21%, over three months by -15.87% and over the past year by +255.31%.
Current recommended Stop Loss: 209.60 (which is 11.2% or 1.8 ATR below the current price).
Marvell Technology has received a consensus analysts rating of 4.49. Therefore, it is recommended to buy MRVL.
- StrongBuy: 23
- Buy: 9
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 284.6 | 20.6% |
P/E Trailing = 77.4608
P/E Forward = 55.8659
P/S = 21.5834
P/B = 11.397
P/EG = 1.249
Revenue TTM = 9.45b USD
EBIT TTM = 3.50b USD
EBITDA TTM = 4.76b USD
Long Term Debt = 4.96b USD (from longTermDebt, last quarter)
Short Term Debt = 59.3m USD (from shortTermDebt, last quarter)
Debt = 5.61b USD (from shortLongTermDebtTotal, last quarter) + Leases 323.2m
Net Debt = 1.68b USD (calculated: Debt 5.61b - CCE 3.93b)
Enterprise Value = 206b USD (204b + Debt 5.61b - CCE 3.93b)
Interest Coverage Ratio = 16.15 (Ebit TTM 3.50b / Interest Expense TTM 216.4m)
EV/FCF = 118.9x (Enterprise Value 206b / FCF TTM 1.73b)
FCF Yield = 0.84% (FCF TTM 1.73b / Enterprise Value 206b)
FCF Margin = 18.31% (FCF TTM 1.73b / Revenue TTM 9.45b)
Net Margin = 27.93% (Net Income TTM 2.64b / Revenue TTM 9.45b)
Gross Margin = 51.42% ((Revenue TTM 9.45b - Cost of Revenue TTM 4.59b) / Revenue TTM)
Gross Margin QoQ = 53.14% (prev 52.15%)
Tobins Q-Ratio = 7.46 (Enterprise Value 206b / Total Assets 27.6b)
Interest Expense / Debt = 3.86% (Interest Expense 216.4m / Debt 5.61b)
Taxrate = 13.69% (418.7m / 3.06b)
NOPAT = 3.02b (EBIT 3.50b * (1 - 13.69%))
Current Ratio = 3.17 (Total Current Assets 7.92b / Total Current Liabilities 2.50b)
Debt / Equity = 0.30 (Debt 5.61b / totalStockholderEquity, last quarter 18.5b)
Debt / EBITDA = 0.35 (Net Debt 1.68b / EBITDA 4.76b)
Debt / FCF = 0.97 (Net Debt 1.68b / FCF TTM 1.73b)
Total Stockholder Equity = 16.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.97% (Net Income 2.64b / Total Assets 27.6b)
RoE = 16.22% (Net Income TTM 2.64b / Total Stockholder Equity 16.3b)
RoCE = 16.46% (EBIT 3.50b / Capital Employed (Equity 16.3b + L.T.Debt 4.96b))
RoIC = 12.24% (NOPAT 3.02b / Invested Capital 24.6b)
WACC = 17.82% (E(204b)/V(210b) * Re(18.22%) + D(5.61b)/V(210b) * Rd(3.86%) * (1-Tc(0.14)))
Discount Rate = 18.22% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 63.85 | Cagr: 2.84%
[DCF] Terminal Value 52.75% ; FCFF base≈1.65b ; Y1≈1.86b ; Y5≈2.63b
[DCF] Fair Price = 14.81 (EV 14.7b - Net Debt 1.68b = Equity 13.0b / Shares 876.9m; r=17.82% [WACC]; 5y FCF grow 13.07% → 2.50% )
EPS Correlation: 92.53 | EPS CAGR: 38.62% | SUE: -4.0 | # QB: -1
Revenue Correlation: 93.91 | Revenue CAGR: 25.14% | SUE: 1.55 | # QB: 1
EPS current Quarter (2026-10-31): EPS=1.10 | Chg30d=+2.57% | Revisions=+81% | Analysts=33
EPS current Year (2027-01-31): EPS=4.20 | Chg30d=+3.60% | Revisions=+91% | GrowthEPS=+47.9% | GrowthRev=+47.0%
EPS next Year (2028-01-31): EPS=6.72 | Chg30d=+7.68% | Revisions=+84% | GrowthEPS=+59.9% | GrowthRev=+51.2%
[Analyst] Revisions Ratio: +92% (up=80, down=2)