Marvell Technology (MRVL)
Designs custom compute, networking, connectivity, and storage silicon for cloud and AI infrastructure.
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Designs data-infrastructure chips spanning custom compute, Ethernet switching, optical and electrical connectivity, and storage. Operates as a fabless supplier serving data centers and communications markets, with manufacturing outsourced and the portfolio shaped through acquisitions and divestitures.
Designs custom compute, Ethernet switching, optical and electrical connectivity, storage controllers and accelerators, and security silicon for AI, cloud, carrier, and enterprise systems. A single reportable segment covers integrated-circuit design, development, and sales, while revenue is presented across data center and communications and other end markets.
Operates a fabless model with engineering strengths in complex system-on-chip architecture, analog and mixed-signal design, digital signal processing, and security firmware. The workforce is concentrated in the Americas and APAC, with a smaller EMEA presence. Acquisitions have added infrastructure compute, custom ASICs, electro-optics, cloud switching, photonic interconnect, and PCIe/CXL switching.
Depends on third-party wafer fabrication, assembly, and testing. Customer concentration, export controls, tariffs, rapid technology change, acquisition integration, and competition also shape operations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $246 | Target: $268 |
| Sep 9, 2026 | Piper Sandler | Initiate | Rating: —Target: $110 | Target: $270 |
| Aug 28, 2026 | Craig-Hallum | Reiterate | Rating: —Target: $164 | Target: $300 |
| Aug 28, 2026 | Oppenheimer | Reiterate | Rating: —Target: $300 | Target: $325 |
| Aug 28, 2026 | Needham | Reiterate | Rating: —Target: $270 | Target: $300 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Aug 1, 2026Cash & short-term investments $3.93B · Total debt $5.29B · Total assets $27.55B · Shareholders' equity $18.53B
- Revenue
- $2.74B
- Operating income
- $456.9M
- Net income
- $308.0M
HistoryDividendAnnual yield
| Institutions | 79.89% | 699.61M shares | |
|---|---|---|---|
| 2,367 holders · as of Jun 30, 2026 | |||
| Insiders | 0.27% | 2.38M shares | |
| 17 holders · as of Sep 16, 2026 | |||
| Other | 19.84% | 173.77M shares | |
| remainder | |||
875.77M company shares as of Sep 10, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.78% | 85.64M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.61% | 57.90M | as of Jun 30, 2026 |
FMR LLCInstitution | 6.50% | 56.93M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.78% | 41.83M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 3.46% | 30.29M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 15, 2026 | Matthew J. Murphy | director, officer: Chairman of the Board and CEO | −7,500 | $223.39 |
| Sep 1, 2026 | Chris Koopmans | officer: President and COO | −10,000 | $203.27 |
| Aug 17, 2026 | Matthew J. Murphy | director, officer: Chairman of the Board and CEO | −7,500 | $236.08 |
| Aug 3, 2026 | Chris Koopmans | officer: President and COO | −10,000 | $180.50 |
| Jul 15, 2026 | Matthew J. Murphy | director, officer: Chairman of the Board and CEO | −7,500 | $209.52 |
- Broadcom
Broadest rival across custom silicon, switching, interconnect, and storage
- Nvidia
AI compute and networking platform spanning switches, DPUs, and scale-up links
- Credo Technology Group
Focused rival in active cables, optical DSPs, and high-speed retimers
- Astera Labs
Rack-scale AI connectivity rival in PCIe, CXL, cables, and fabric switches
- Microchip Technology
Storage and PCIe / CXL connectivity rival for data-center infrastructure
- Cisco Systems
Switching-silicon and optics rival from hyperscale AI to carrier networks
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marvell Technology | $253.28 | −1.64% | $225.40B | 85.3 | 47.1 | 23.9 | +36.6% |
| Broadcom | $361.92 | −0.26% | $1.73T | 46.3 | 20.9 | 19.4 | +85.5% |
| Nvidia | $226.18 | −0.52% | $5.51T | 28.7 | 19.0 | 18.2 | +105.9% |
| Credo Technology Group | $183.47 | −2.24% | $34.92B | 66.6 | 25.8 | 21.9 | +114.7% |
| Astera Labs | $334.47 | −1.85% | $58.41B | 167.9 | 60.2 | 48.6 | +104.5% |
| Microchip Technology | $74.15 | −0.88% | $40.61B | 103.7 | 19.0 | 7.9 | +38.1% |
| Cisco Systems | $111.22 | −0.12% | $439.31B | 33.5 | 21.7 | 6.9 | +17.6% |
| Median | 56.5 | 21.3 | 18.8 | +95.0% |