Marvell TechnologyMRVL
About: Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Employees: 6,577
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
15% more repeat investments, than reductions
Existing positions increased: 425 | Existing positions reduced: 370
5% less capital invested
Capital invested by funds: $54.4B [Q2] → $52B (-$2.48B) [Q3]
3% less funds holding
Funds holding: 1,094 [Q2] → 1,064 (-30) [Q3]
4.98% less ownership
Funds ownership: 88.01% [Q2] → 83.03% (-4.98%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 30 [Q2] → 25 (-5) [Q3]
20% less first-time investments, than exits
New positions opened: 119 | Existing positions closed: 149
29% less call options, than puts
Call options by funds: $1.45B | Put options by funds: $2.03B
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Loop Capital Gary Mobley 55% 1-year accuracy 12 / 22 met price target | 8%upside $95 | Hold Initiated | 11 Nov 2024 |
Citigroup Atif Malik 55% 1-year accuracy 23 / 42 met price target | 4%upside $91 | Buy Maintained | 14 Oct 2024 |
Rosenblatt Hans Mosesmann 60% 1-year accuracy 42 / 70 met price target | 37%upside $120 | Buy Maintained | 30 Aug 2024 |
B of A Securities Vivek Arya 58% 1-year accuracy 31 / 53 met price target | 2%upside $90 | Buy Maintained | 30 Aug 2024 |
Benchmark Cody Acree 74% 1-year accuracy 25 / 34 met price target | 31%upside $115 | Buy Maintained | 30 Aug 2024 |
Financial journalist opinion
Based on 19 articles about MRVL published over the past 30 days
