On February 14, 2025, Marvell Technology (NASDAQ: MRVL) closed at $106.51, marking a 1.82% decrease from the previous session.
This performance lagged behind the broader market, with the S&P 500 rising by 1.04%, the Dow Jones Industrial Average up by 0.77%, and the Nasdaq Composite appreciating by 1.51%.
Over the past month, Marvell’s shares have declined by 9.12%, underperforming both the Computer and Technology sector’s gain of 1.48% and the S&P 500’s increase of 3.92%.
Upcoming Earnings Announcement
Investors are closely monitoring Marvell’s upcoming earnings report, scheduled for March 5, 2025. Analysts project an Earnings Per Share (EPS) of $0.59, representing a 28.26% increase compared to the same quarter last year. Revenue is anticipated to reach $1.8 billion, a 26.48% rise from the corresponding period in the previous year.
Analyst Revisions and Stock Performance
Recent analyst estimate revisions often reflect shifting business trends. Positive adjustments suggest increased confidence in a company’s performance.
Marvell has experienced a 0.87% upward revision in consensus EPS estimates over the past 30 days and currently holds a Zacks Rank of #2 (Buy).
Valuation Metrics
Marvell’s Forward P/E ratio stands at 38.91, indicating a premium compared to the industry average of 24.78. The company’s PEG ratio is 1.15, factoring in expected earnings growth, while the industry average is 1.97.
Industry Context
Operating within the Electronics – Semiconductors industry, part of the broader Computer and Technology sector, this industry is currently ranked 142nd out of over 250 industries, placing it in the bottom 44%. Research indicates that industries in the top 50% outperform those in the lower half by a factor of 2 to 1.
Recent Developments
In December 2024, Marvell announced that its custom AI silicon programs had entered volume production, leading to a projected fourth-quarter revenue of $1.8 billion, surpassing Wall Street’s expectations of $1.65 billion. This growth is attributed to increased demand in AI network and custom processor chips.
Stock Performance Overview
As of February 19, 2025, Marvell’s stock is trading at $107.29, with an intraday high of $107.92 and a low of $104.99. The year-to-date total return is -2.81%, while the 12-month return stands at 65.46%.
Key Financial Metrics
| Metric | Value |
|---|---|
| Closing Price (Feb 14, 2025) | $106.51 |
| Forward P/E Ratio | 38.91 |
| PEG Ratio | 1.15 |
| Projected EPS (Q4 FY2025) | $0.59 |
| Projected Revenue (Q4 FY2025) | $1.8 billion |
| Industry Rank | 142nd |
While Marvell Technology has faced recent stock declines, the company’s strong projected earnings and revenue growth, driven by advancements in AI and custom silicon solutions, suggest potential for future performance. Investors should monitor the upcoming earnings release and industry trends to make informed decisions.
FAQs
When is Marvell Technology’s next earnings report?
Marvell is scheduled to release its next earnings report on March 5, 2025.
What are the projected EPS and revenue for the upcoming quarter?
Analysts anticipate an EPS of $0.59 and revenue of $1.8 billion for the upcoming quarter.
How has Marvell’s stock performed over the past year?
Over the past 12 months, Marvell’s stock has achieved a total return of 65.46%.