Stocks · Technology · Semiconductors
Marvell Technology, Inc. MRVL
$272.29 +1.57% Close, Oct 2, 2026 · NASDAQ · Market cap $238.46B
Strong trend
Next earnings report: Dec 1, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 16.7% from 1.3% a year earlier.
- Over the past year the stock returned +224.6%, ahead of the S&P 500 by 209.5 percentage points.
- Revenue over the last four quarters was $9.45B, up 30.6% from a year earlier, slowing from 34.1% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth50Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 18%
- FCF growth (TTM, YoY)Bottom 41%
- Revenue growth, 3-year CAGRTop 37%
- Revenue growth accelerationBottom 16%
Quality44Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 44%
- Gross marginTop 50%
- Operating marginTop 21%
- Cash conversion (OCF / net income)Bottom 14%
- Accruals (lower is better)Bottom 12%
- Net debt / EBITDA (lower is better)Top 49%
- Interest coverTop 35%
Value30Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 50%
- Free-cash-flow yieldBottom 32%
- EBITDA / enterprise valueBottom 42%
- Sales / enterprise valueBottom 9%
Momentum96Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 5%
- 6-month returnTop 4%
- 1-year return vs S&P 500Top 4%
- Distance from 52-week highTop 30%
- Trend checklist (0–4)Top 18%
Revisions37Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 25%
- Consecutive EPS beatsTop 41%
- Share of analysts rating BuyTop 22%
- Upside to consensus price targetBottom 19%
Stability33Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 27%
- Maximum drawdown, 3 yearsTop 50%
- Beta vs S&P 500 (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Top 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 34.1% | 30.6% | ↓ |
| Gross margin | 44.6% | 51.4% | ↑ |
| Operating margin | 1.3% | 16.7% | ↑ |
| FCF margin | 21.1% | 18.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 30.6% | 34.1% | ↓ | Top 18% |
| Gross margin | 51.4% | 44.6% | ↑ | Top 50% |
| Operating margin | 16.7% | 1.3% | ↑ | Top 21% |
| Net margin | 27.9% | -1.4% | ↑ | — |
| Free-cash-flow margin | 18.3% | 21.1% | ↓ | — |
| Return on invested capital | 5.4% | — | Top 44% | |
| Revenue growth, 3-year CAGR | 11.4% | — | Top 37% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.83×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 1.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 8.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +22.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.28×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.09%
- Net buyback yield (TTM)
- 0.76%
- Shareholder yield
- 0.85%
- Share count change, 1 year
- +5.8%
- Share count change, 3-year CAGR
- +2.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 1, 2026 (filed Aug 28, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +1.0%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $278.38
- Target vs current price
- +2.2%
- Analysts with a rating
- 73
- Share rating Buy or Strong Buy
- 82%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 27, 2026 | +0.6% | -1.5% | -15.8% | +5.6% | — |
| May 27, 2026 | +0.3% | -4.6% | +39.6% | +32.9% | +20.5% |
| Mar 5, 2026 | +1.0% | -3.1% | +15.8% | +36.7% | +162.5% |
| Dec 2, 2025 | +2.3% | +2.0% | +1.0% | -4.8% | -10.3% |
| Aug 28, 2025 | -0.4% | +3.3% | -14.3% | +12.1% | +2.5% |
| May 29, 2025 | +1.3% | -1.3% | +2.6% | +23.8% | +13.0% |
| Mar 5, 2025 | +1.7% | +2.0% | -24.0% | -29.1% | -27.9% |
| Dec 3, 2024 | +4.9% | -1.0% | +10.5% | +14.0% | -11.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 27, 2026 | $0.94 | $0.93 | +0.6% | $2.74B |
| May 27, 2026 | $0.80 | $0.80 | +0.3% | $2.42B |
| Mar 5, 2026 | $0.80 | $0.79 | +1.0% | $2.22B |
| Dec 2, 2025 | $0.76 | $0.74 | +2.3% | $2.07B |
| Aug 28, 2025 | $0.67 | $0.67 | -0.4% | $2.01B |
| May 29, 2025 | $0.62 | $0.61 | +1.3% | $1.90B |
| Mar 5, 2025 | $0.60 | $0.59 | +1.7% | $1.82B |
| Dec 3, 2024 | $0.43 | $0.41 | +4.9% | $1.52B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 90.2× | — | — | Bottom 50% |
| P/E (forward) | 64.7× | — | — | — |
| EV / EBITDA | 50.4× | — | — | Bottom 42% |
| EV / Sales | 25.38× | — | — | Bottom 9% |
| Free-cash-flow yield | 0.73% | — | — | Bottom 32% |
| Earnings yield | 1.11% | — | — | Bottom 50% |
P/E over the past five years
Range 29.5× – 71.8× since Nov 1, 2025. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 20
- Days above the 200-day average
- 146
- 50-day average slope (20 days)
- +2.2%
- 200-day average slope (20 days)
- +10.5%
- Distance from 50-day average
- +20.1%
- Distance from 200-day average
- +63.1%
- RSI (14)
- 65.0
- Relative volume
- 0.89×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 79.4%
- Volatility vs own 5-year history
- 85th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.04
- Correlation with S&P 500
- 0.49
- Current drawdown from 1-year high
- -13.9%
- Maximum drawdown, 3 years
- -60.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 7, 2021 | Jan 5, 2023 | -62.1% | 271 days | 463 days (Nov 7, 2024) |
| Jan 23, 2025 | Apr 21, 2025 | -60.8% | 60 days | 244 days (Apr 10, 2026) |
| Jun 4, 2026 | Jul 29, 2026 | -48.4% | 37 days | Not yet recovered |
| Jan 25, 2021 | Mar 8, 2021 | -26.4% | 29 days | 71 days (Jun 17, 2021) |
| Oct 9, 2020 | Nov 2, 2020 | -17.5% | 16 days | 4 days (Nov 6, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $238.46B
- P/E (TTM)
- 90.2
- EPS, diluted (TTM)
- $3.02
- Revenue (TTM)
- $9.45B
- Dividend yield
- 0.11%
- 52-week range
- $70.69 – $329.88
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $4.46B | $5.92B | $5.51B | $5.77B | $8.19B |
| Gross profit | $2.06B | $2.99B | $2.29B | $2.38B | $4.18B |
| Operating income | -$347.7M | $238.0M | -$567.7M | -$720.3M | $1.34B |
| Net income | -$421.0M | -$163.5M | -$933.4M | -$885.0M | $2.67B |
| EPS (diluted) | -$0.53 | -$0.19 | -$1.08 | -$1.02 | $3.07 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.82B | $1.90B | $2.01B | $2.07B | $2.22B | $2.42B | $2.74B |
| Net income | -$676.3M | $200.2M | $177.9M | $194.8M | $1.90B | $396.1M | $34.5M | $308.0M |
| EPS (diluted) | -$0.78 | $0.23 | $0.20 | $0.22 | $2.19 | $0.46 | $0.04 | $0.33 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $819.3M | $1.29B | $1.37B | $1.68B | $1.75B |
| Capital expenditure | -$186.9M | -$217.3M | -$350.2M | -$291.6M | -$354.1M |
| Free cash flow | $632.4M | $1.07B | $1.02B | $1.39B | $1.40B |
| Dividends paid | -$191.0M | -$204.4M | -$206.8M | -$207.5M | -$205.1M |
| Net share buybacks | $84.5M | -$115.0M | -$150.0M | -$725.0M | -$1.96B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $3.93B
- Total assets
- $27.55B
- Total liabilities
- $9.02B
- Total debt
- $5.29B
- Net debt
- $1.35B
- Shareholders’ equity
- $18.53B
As of Aug 1, 2026 (filed Aug 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 9, 2026 | $0.06 | Oct 29, 2026 |
| Jul 10, 2026 | $0.06 | Jul 30, 2026 |
| Apr 10, 2026 | $0.06 | Apr 30, 2026 |
| Jan 9, 2026 | $0.06 | Jan 29, 2026 |
| Oct 10, 2025 | $0.06 | Oct 30, 2025 |
| Jul 11, 2025 | $0.06 | Jul 31, 2025 |
| Apr 11, 2025 | $0.06 | May 1, 2025 |
| Jan 10, 2025 | $0.06 | Jan 30, 2025 |
Short interest
- Shares sold short
- 31,342,713
- Days to cover
- 1.70
- Change vs previous report
- -17.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 25, 2006
- 2-for-1
- Jun 29, 2004
- 2-for-1