Marvell Technology (NASDAQ:MRVL) Stock Price Up 5.5% – Should You Buy?

02 May 2026, 13:00 by Amy Steele · The Cerbat Gem

Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report)’s share price rose 5.5% on Thursday . The company traded as high as $165.61 and last traded at $165.15. Approximately 20,003,275 shares were traded during trading, a decline of 4% from the average daily volume of 20,774,006 shares. The stock had previously closed at $156.57.

More Marvell Technology News

Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: April outperformance — MRVL gained sharply in April (about a two-thirds move from the end of March), making it one of the month’s top AI-infrastructure winners and pulling investor attention and flows into the stock. ARM, Marvell, or Vertiv: Which AI Infrastructure Stock Crushed It in April?
Positive Sentiment: Acquisition and hyperscaler traction — Marvell acquired Polariton Technologies to boost high‑speed optical connectivity for AI data centers and is integrating that work with Celestial AI and custom chip efforts; the company cites design activity with major hyperscalers (including Google), which supports durable revenue growth in the data-center AI cycle. Marvell’s AI Data Center Push Meets Early Quantum Computing Exposure
Positive Sentiment: Fundamentals + scalable earnings thesis — Analysts and note writers highlight Marvell’s AI infrastructure exposure as driving scalable revenue and earnings growth; the company reported a modest beat in its latest quarter and gave Q1 FY2027 EPS guidance, which supports the growth narrative. Marvell: AI Infrastructure Exposure Is Driving Scalable Earnings Growth
Positive Sentiment: High-profile endorsement — Positive media commentary, including Jim Cramer calling Marvell a “total winner,” adds retail and momentum interest that can amplify price action in the near term. Jim Cramer Says “I Think That You’ve Got a Total Winner in Marvell”
Neutral Sentiment: Market breadth tailwind — Nasdaq and broader tech indexes rallied into month-end, which helped lift tech/AI hardware names like Marvell; this is a macro/supportive factor rather than company-specific news. S&P 500 and Nasdaq 100 Rally to Record Highs on Earnings Optimism
Neutral Sentiment: Supply-chain/partner noise — Reports that Marvell-related order changes affected smaller optics suppliers (e.g., POET) have circulated; this is more of a supplier-impact story and does not directly change Marvell’s growth narrative, but it can create short-term headlines. Down Nearly 50% from All-Time Highs, Should You Buy the Dip in POET Technologies Stock?

Wall Street Analyst Weigh In

MRVL has been the topic of a number of research reports. Stifel Nicolaus increased their price target on Marvell Technology from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. UBS Group increased their price target on Marvell Technology from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Erste Group Bank initiated coverage on Marvell Technology in a research report on Thursday, April 2nd. They set a “buy” rating on the stock. Morgan Stanley increased their price target on Marvell Technology from $95.00 to $103.00 and gave the stock an “equal weight” rating in a research report on Friday, March 6th. Finally, Needham & Company LLC lowered their target price on Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $122.73.

Read Our Latest Analysis on Marvell Technology

Marvell Technology Trading Down 0.1%

The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $144.24 billion, a price-to-earnings ratio of 53.56, a PEG ratio of 1.50 and a beta of 1.83. The firm has a 50-day moving average of $108.68 and a 200 day moving average of $93.32.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.21 billion. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities analysts predict that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is 7.79%.

Insider Activity at Marvell Technology

In other news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total value of $1,161,486.54. Following the transaction, the executive vice president owned 4,023 shares in the company, valued at approximately $430,501.23. This trade represents a 72.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 223,560 shares of company stock worth $26,243,062 in the last quarter. Company insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On Marvell Technology

Several hedge funds have recently modified their holdings of MRVL. Vanguard Group Inc. boosted its stake in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after acquiring an additional 15,166,976 shares in the last quarter. Norges Bank bought a new stake in shares of Marvell Technology during the 4th quarter worth $895,455,000. Ameriprise Financial Inc. boosted its stake in shares of Marvell Technology by 59.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after acquiring an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Marvell Technology by 47.0% during the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock worth $1,000,689,000 after acquiring an additional 3,805,431 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in shares of Marvell Technology by 111.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock worth $449,722,000 after acquiring an additional 3,056,808 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

About Marvell Technology

(Get Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.