# Marvell Technology, Inc. – Consensus ‘buy’ rating and 29.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.consensus-buy-rating-and-29.7-upside-potential/4121163264
- Published: 2024-07-01T13:00:59+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** which can be found using ticker (MRVL) have now 30 
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
$100.00 and $75.00 calculating the average target price we see $89.12. Given that
the stocks previous close was at $68.73 this is indicating there is a potential 
upside of 29.7%. There is a 50 day moving average of $69.81 and the 200 moving average
now moves to $63.46. The company has a market capitalization of 60.51B. The current
share price for the company is: $69.90 USD

 The potential market cap would be $78,455,475,565 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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