# Marvell Technology, Inc.  Share Price Target ‘$88.33’, now 24.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.share-price-target-88.33-now-24.6-upside-potential/4121149527
- Published: 2024-04-02T12:04:54+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** which can be found using ticker (MRVL) now have 29 
confirmed analysts covering the stock with the consensus suggesting a rating of ‘
buy’. The range between the high target price and low target price is between $100.00
and $71.00 calculating the average target share price we see $88.33. (at the time
of writing). Now with the previous closing price of $70.88 this indicates there 
is a potential upside of 24.6%. The day 50 moving average is $69.85 and the 200 
day moving average is $60.55. The company has a market capitalization of 63.39B.
The current share price for the company is: $73.20 USD

 The potential market cap would be $78,997,525,792 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 $6.40 and
a -1.25% 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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