Analyst ratings for Marvell Tech MRVL Forecasts for the last quarter range from optimistic to pessimistic, as indicated by ten analysts.

The table below summarizes their recent ratings and provides insight into evolving sentiment over the past 30 days, as well as a comparison with previous months.

The 12-month price targets analyzed by analysts provide insights with an average target of $90.3, a high estimate of $100.00, and a low estimate of $77.00. The current average has increased by 4.39% compared to the previous average price target of $86.50, showing a positive change.

Analysis of Analyst Ratings: A Detailed Breakdown

By examining recent analyst actions, we gain insights into how financial professionals perceive Marvell Tech. The following summary provides an overview of the key analysts, their recent evaluations, and any adjustments to their ratings and price targets.

Key findings:

• Action taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they “maintain,” “increase,” or “lower” their rating reflects their reaction to recent developments related to Marvell Tech. This information provides a snapshot of how analysts perceive the current state of the company.
• Evaluation: Analysts provide comprehensive analysis and qualitative ratings ranging from outperform to underperform. These ratings reflect expectations for Marvell Tech’s relative performance compared to the overall market.
• Price targets: Analysts study the movements and provide estimates for the future value of Marvell Tech stock. This analysis shows how analysts’ expectations change over time.

Gain valuable insights into Marvell Tech’s market position by understanding these analyst ratings as well as relevant financial indicators. Stay informed and make strategic decisions with our ratings table.

Stay up to date with Marvell Tech analyst ratings.

Everything you need to know about Marvell Tech

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-largest market share. Marvell serves the data center, carrier, enterprise, automotive and consumer end markets with processors, optical and copper transceivers, switches and storage controllers.

Financial Insights: Marvell Tech

Market capitalization analysis: The company has a lower market capitalization profile, which is below the industry average, indicating a smaller size compared to peers.

Negative sales trend: Examining Marvell Tech’s financials over 3 months reveals challenges. As of April 30, 2024, the company recorded a decline of approximately -12.17% in revenue growth, reflecting a decline in sales revenue. Compared to its industry peers, the company is lagging behind and has a growth rate that is below the average of its peers in the IT sector.

Net margin: Marvell Tech’s net margin is below the industry average, indicating potential challenges in maintaining high profitability. With a net margin of -18.57%, The company may encounter obstacles in managing costs effectively.

Return on equity (ROE): Marvell Tech’s return on equity is below the industry average, indicating difficulties in efficiently utilizing equity. With a return on equity of -1.47%, The company may face obstacles in achieving optimal returns for shareholders.

Return on assets (ROA): Marvell Tech’s ROA is below the industry average, indicating difficulties in efficiently utilizing assets. With an ROA of -1.03%, The company may encounter obstacles in achieving optimal returns on its assets.

Debt management: Marvell Tech’s debt ratio is below the industry average of 0.3This is due to a lower dependence on external financing and a more conservative financial approach.

Understanding the relevance of analyst ratings

Ratings come from analysts or specialists in banking and finance who report on specific stocks or specific sectors (usually once a quarter for each stock). Analysts usually get their information from company conference calls and meetings, financial reports and discussions with key insiders to make their decisions.

In addition to their assessments, some analysts expand their insights by providing forecasts for key metrics such as earnings, revenue and growth estimates. This supplementary information provides further guidance to traders. It is important to recognize that despite their specialization, analysts are also human and can only make forecasts based on their beliefs.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.