# Marvell Technology, Inc. – Consensus ‘buy’ rating and 29.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.consensus-buy-rating-and-29.8-upside-potential/4121172754
- Published: 2024-10-01T13:05:40+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** with ticker code (MRVL) now have 30 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $120.00 and $74.20 with the average target price sitting
at $92.11. Given that the stocks previous close was at $70.99 and the analysts are
correct then we can expect a percentage increase in value of 29.8%. It’s also worth
noting that there is a 50 day moving average of $68.25 and the 200 day moving average
is $68.66. The market capitalization for the company is 62.47B. Currently the stock
stands at: $72.12 USD

 The potential market cap would be $81,055,690,248 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 $6.11 and
a -1.17% 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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