# Marvell Technology, Inc.  Share Price Target ‘$88.92’, now 21.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.share-price-target-88.92-now-21.4-upside-potential/4121161857
- Published: 2024-06-24T13:39:41+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** with ticker code (MRVL) now have 30 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 $75.00 with the
average share target price sitting at $88.92. (at the time of writing). Given that
the stocks previous close was at $73.24 this would imply there is now a potential
upside of 21.4%. There is a 50 day moving average of $69.84 and the 200 moving average
now moves to $63.15. The company has a market cap of 62.23B. The current share price
for the company is: $71.89 USD

 The potential market cap would be $75,550,414,684 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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