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)
16% more repeat investments, than reductions
Existing positions increased: 434 | Existing positions reduced: 375
4% less capital invested
Capital invested by funds: $54.4B [Q2] → $52B (-$2.44B) [Q3]
10% less first-time investments, than exits
New positions opened: 121 | Existing positions closed: 134
1% less funds holding
Funds holding: 1,096 [Q2] → 1,083 (-13) [Q3]
4.92% less ownership
Funds ownership: 88.02% [Q2] → 83.1% (-4.92%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 30 [Q2] → 25 (-5) [Q3]
29% less call options, than puts
Call options by funds: $1.45B | Put options by funds: $2.03B
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Morgan Stanley Joseph Moore 63% 1-year accuracy 36 / 57 met price target | 7%upside $120 | Equal-Weight Maintained | 20 Dec 2024 |
Goldman Sachs Toshiya Hari 56% 1-year accuracy 59 / 106 met price target | 3%upside $115 | Buy Maintained | 5 Dec 2024 |
Citigroup Atif Malik 55% 1-year accuracy 24 / 44 met price target | 0%upside $112 | Buy Maintained | 4 Dec 2024 |
Cantor Fitzgerald Matthew Prisco 50% 1-year accuracy 2 / 4 met price target | 21%upside $135 | Overweight Reiterated | 4 Dec 2024 |
Keybanc John Vinh 45% 1-year accuracy 25 / 56 met price target | 12%upside $125 | Overweight Maintained | 4 Dec 2024 |
Financial journalist opinion
Based on 92 articles about MRVL published over the past 30 days