# Marvell Technology, Inc.  Share Price Target ‘$92.11’, now 24.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/marvell-technology-inc.share-price-target-92.11-now-24.5-upside-potential/4121174304
- Published: 2024-10-15T12:01:19+01:00
- Author: Charlotte Edwards

**Marvell Technology, Inc.** which can be found using ticker (MRVL) have now 30 
confirmed analysts covering the stock with the consensus suggesting a rating of ‘
buy’. The target price High/Low ranges between $120.00 and $74.20 with the average
share target price sitting at $92.11. (at the time of writing). Given that the stocks
previous close was at $74.01 this indicates there is a potential upside of 24.5%.
Also worth taking note is the 50 day moving average now sits at $69.93 and the 200
moving average now moves to $69.34. The market cap for the company is 67.29B. Currently
the stock stands at: $77.68 USD

 The potential market cap would be $83,742,087,656 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.

Share on: