# Marvell Technology, Inc. – Consensus ‘buy’ rating and 22.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.consensus-buy-rating-and-22.0-upside-potential-2/4121160507
- Published: 2024-06-17T14:45:29+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** with ticker code (MRVL) have now 30 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between $100.00 and $75.00 suggesting an average Analsyt target 
price of $88.92. Given that the stocks previous close was at $72.87 this indicates
there is a potential upside of 22.0%. Also worth taking note is the 50 day moving
average now sits at $69.82 and the 200 day MA is $62.86. The company has a market
cap of 63.42B. The current stock price for Microsoft Corporation is currently $73.27
USD

 The potential market cap would be $77,391,649,585 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $6.19 and
a -1.35% return on assets.

Marvell Technology, Inc., through its subsidiaries, is a supplier of data infrastructure
semiconductor solutions. The Company is engaged in the design, development, and 
sale of integrated circuits. Its product solutions serve five end markets, such 
as data center, enterprise networking, carrier infrastructure, consumer, and automotive/
industrial. The Company’s product offerings include custom application-specific 
integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters,
processors, and storage controllers. It develops custom system-on-a-chip (SoC) solutions
tailored to individual customer specifications. Its electro-optical products include
pulse amplitude modulation (PAM) and coherent digital signal processors (DSPs), 
laser drivers, trans-impedance amplifiers (TIAs), silicon photonics and data center
interconnect (DCI) solutions. It offers a portfolio of Ethernet solutions spanning
controllers, network adapters, physical transceivers, and switches.

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