Marvell Technology(MRVL)
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What You Need To Know Ahead of Marvell Technology's Earnings Report
investopedia.com· 2024-05-29 19:05
Key TakeawaysMarvell Technology is set to release its first-quarter earnings report for the 2025 fiscal year after the bell on Thursday.The tech company is expected to report falling revenue sequentially and from the year-ago period, while net income is projected to show a narrowing loss sequentially, but a widening loss from the year-ago quarter, according to analyst estimates compiled by Visible Alpha.Investors are likely to be watching data center revenue, as the segment is exposed to Marvell's AI-relate ...
Marvell (MRVL) to Report Q1 Earnings: What's in the Offing?
zacks.com· 2024-05-28 16:21
Marvell Technology (MRVL) is slated to report first-quarter fiscal 2025 results on May 30, after market close.For the fiscal first quarter, the company projects total revenues of $1.15 billion (+/- 5%). It expects non-GAAP earnings per share to be 23 cents (+/- 5 cents).The Zacks Consensus Estimate for revenues is pegged at $1.15 billion, indicating a decline of 12.9% from the year-ago quarter’s $1.32 billion. The consensus mark for earnings is pinned at 23 cents per share, suggesting a decline of 25.8% fro ...
Marvell (MRVL) Is Considered a Good Investment by Brokers: Is That True?
zacks.com· 2024-05-24 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Marvell Technology (MRVL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marvell currently has an average brokerage recommenda ...
Unveiling Marvell (MRVL) Q1 Outlook: Wall Street Estimates for Key Metrics
zacks.com· 2024-05-24 14:23
Analysts on Wall Street project that Marvell Technology (MRVL) will announce quarterly earnings of $0.23 per share in its forthcoming report, representing a decline of 25.8% year over year. Revenues are projected to reach $1.15 billion, declining 12.9% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...
Earnings Preview: Marvell Technology (MRVL) Q1 Earnings Expected to Decline
zacks.com· 2024-05-23 15:06
Wall Street expects a year-over-year decline in earnings on lower revenues when Marvell Technology (MRVL) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 30. ...
Marvell Technology (MRVL) Stock Falls Amid Market Uptick: What Investors Need to Know
zacks.com· 2024-05-21 22:45
The latest trading session saw Marvell Technology (MRVL) ending at $73.30, denoting a -1.57% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.23%.Coming into today, shares of the chipmaker had gained 18.43% in the past month. In that same time, the Business Services sector gained 5.37%, while the S&P 500 gained 7.08%.The investment community wil ...
Taking Advantage Of Higher Implied Volatility On Marvell Stock
investors.com· 2024-05-21 18:18
Marvell Technology (MRVL) is set to report earnings on May 30 after the closing bell. The options market is pricing in a 10% move in either direction, and higher implied volatility ahead of earnings makes selling premium more attractive. Here's how you can set up a cash-secured put on Marvell stock.X What Makes A Cash-secured Put Attractive?A cash-secured put involves selling an at-the-money or out-of-the-money put option and simultaneously setting aside enough cash to buy the stock.The goal is to either ha ...
Wall Street Favorites: 3 Semiconductor Stocks With Strong Buy Ratings for May 2024
investorplace.com· 2024-05-17 10:00
Semiconductor stocks to buy: it’s the answer to the question, what do artificial intelligence, the 5G rollout, the Internet of Things (IoT) and a host of other innovations have in common?Let’s get down to it. Semiconductors represent the building blocks of technology. While the focus in the market tends to be on the front-facing innovation such as generative AI, none of the innovations that we gawk over would be possible without semiconductors.And yes, certain semiconductors get the lion’s share of the atte ...
Marvel Biosciences Announces Private Placement
newsfilecorp.com· 2024-05-16 22:39
Calgary, Alberta--(Newsfile Corp. - May 16, 2024) - Marvel Biosciences Corp. (TSXV: MRVL) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the "Company" or "Marvel"), is pleased to announce a proposed non-brokered private placement of up to 10,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of one common share in the capital of the Company (a "Common Share") and one Common Share purchase wa ...
Marvell Technology (MRVL) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-05-13 22:51
The latest trading session saw Marvell Technology (MRVL) ending at $69.02, denoting a +0.8% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.21%, and the technology-dominated Nasdaq saw an increase of 0.29%.Heading into today, shares of the chipmaker had lost 2.41% over the past month, lagging the Business Services sector's loss of 0.67% and the S&P 500's gain of 1.29% in that time.The investment community wi ...