# Marvell Technology, Inc. – Consensus ‘buy’ rating and 28.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.consensus-buy-rating-and-28.1-upside-potential/4121126247
- Published: 2023-08-30T12:37:40+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** with ticker code (MRVL) now have 27 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between 100 and 60 with the
average target price sitting at $70.69. Now with the previous closing price of $
55.17 this would indicate that there is a potential upside of 28.1%. There is a 
50 day moving average of $60.85 and the 200 day MA is $47.90. The market capitalization
for the company is 48.42B. The stock price is currently at: 56.12 USD

 The potential market cap would be $62,041,571,954 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 6.56 and
a -0.33% 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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