Marvell Technology(MRVL)

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Is Marvell (MRVL) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-03-13 14:36
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 ...
Marvell Technology(MRVL) - 2024 Q4 - Annual Report
2024-03-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40357 MARVELL TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 85-3971597 (State or other jurisdiction ...
传统业务承压,AI维持景气
国金证券· 2024-03-12 16:00
业绩简评 2024 年 3月 8日公司披露FY24Q4(23.11~24.1)业绩,公司该季 度实现营收14.27 亿美元,同比增长1%,环比基本持平;GAAP 毛 利率46.6%,Non GAAP 毛利率63.9%,GAAP 净利润-3.93 亿美元, GAAP EPS 为-0.45 美元,Non GAAP 净利润为 4.02 亿美元,Non GAAP EPS 为0.46 美元。 公司预计FY25Q1 营收 11.5 亿美元,相较FY24Q1 的 14.47 亿美元 有较大同比下滑,GAAP 毛利率为44.5%~47.2%,Non GAAP 毛利率 为62%~63%,Non GAAP EPS 为 0.23±0.05 美元。 经营分析 美元(元) 成交金额(百万元) 公司AI产品维持较高景气度,公司FY24Q4数据中心营收达到7.65 90.00 7,000 亿美元,同比增长 54%,环比增长 38%。公司预计 FY25Q1 数据中 81.00 6,000 5,000 心营收将保持低个位数环比增长,主要营收驱动力来源于强劲的 72.00 4,000 63.00 光模块电芯片需求,以及定制芯片的初步出货,但同时 ...
Silicon Box cutting-edge, advanced panel-level packaging foundry announces $3.6B investment for expansion into Italy
Prnewswire· 2024-03-12 11:31
Investment in Northern Italy (Nord Italia), will bring first-of-its-kind, end-to-end chiplet based semiconductor system integration to Europe Investment of up to $3.6B (€3.2B) will create approximately 1,600 semiconductor jobs at Silicon Box's new manufacturing facility, and create thousands of indirect supplier and contract construction jobs New Italian facility will enable next generation applications in artificial intelligence (AI), high performance computing (HPC), large language models (LLM), electric ...
Marvell Technology Stock Has 19% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-03-08 21:50
Investors are growing increasingly bullish on Marvell Technology's (MRVL -11.36%) prospects. The stock has climbed 98% over the last year and 39% year to date. Even with that big price jump, Rosenblatt analyst Hans Mosesmann reiterated a buy rating on the stock earlier this week with a near-term price target of $100. Hitting that target implies a 19% price jump over the next 12 months.Demand for Marvell's semiconductor solutions tied to artificial intelligence (AI) is taking off. As a result, analysts expec ...
Why Marvell Technology Stock Was Sliding Today
The Motley Fool· 2024-03-08 19:03
Shares of chip-maker Marvell Technology (MRVL -10.39%) were sliding today after the company delivered results in line with expectations but offered weaker-than-expected guidance for the first quarter.Marvell, which specializes in networking and storage solutions, is expected to benefit from the boom in AI, but high expectations were already baked into the stock after shares had doubled over the last year coming into the report.As of 1:07 p.m. ET, the stock was down 10.1% on the news. Marvell falls short of ...
Marvell Technology Stock Slips on Q1 Profit, Revenue Outlook
Investopedia· 2024-03-08 16:15
Key TakeawaysDemand for Marvell Technology's AI products soared in the fourth quarter, but the rest of the company's business stumbled.Sales at four of its five divisions declined in the period.The maker of integrated circuits gave first-quarter earnings and revenue guidance that missed estimates, and shares fell 7% Friday morning. Shares of Marvell Technology (MRVL) slipped 7% Friday, a day after the maker of integrated circuits posted a weaker-than-expected first-quarter outlook as soaring demand for arti ...
Marvell Optical CTO Dr. Radha Nagarajan Awarded 2024 David Richardson Medal from Optica
Prnewswire· 2024-03-08 14:00
In making the selection, Optica notes that Dr. Nagarajan is "an insightful engineer and outstanding innovator and mentor" and mentions his "ability to move from concept to commercialization and deployment continues to have a profound impact" on the industry. Established in 1966, the Richardson Medal recognizes significant contributions to optical engineering, primarily in the commercial and industrial sector. It honors David Richardson's unique contributions to applied optics. "Congratulations to Radha on r ...
Marvell's (MRVL) Q4 Earnings Meet Estimates, Stock Falls
Zacks Investment Research· 2024-03-08 13:11
Marvell Technology (MRVL) reported impressive results for the fourth quarter of fiscal 2024, wherein revenues outpaced the Zacks Consensus Estimate while non-GAAP earnings matched the same. The chipmaker’s fourth-quarter revenues and earnings came in line with the midpoint of management’s guidance.Despite reporting decent fourth-quarter results, MRVL stock fell 7.7% during Thursday’s extended trading session as its guidance for the first-quarter fiscal 2025 top and bottom lines was weak.Let’s delve deeper i ...
2 Artificial Intelligence (AI) Stocks You May Regret Not Buying Right Now Before They Soar 31% to 88%
The Motley Fool· 2024-03-08 10:15
Artificial intelligence (AI) is already driving solid growth for many companies involved in the proliferation of this technology, such as semiconductor companies whose chips are being deployed for AI training and inference applications. At the same time, there are many companies busy integrating AI into their products and services so that they can arm their customers with more productive tools and grow their businesses.Marvell Technology (MRVL 4.57%) and The Trade Desk (TTD -0.43%) are two companies that fi ...