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How to Buy Marvell Technology Stock

Marvell Technology Inc

Marvell Technology, Inc. , together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.

Marvell Technology stock last closed at $73.36, up 4.2% from the previous day, and has increased 18.23% in one year. It has underperformed other stocks in the Semiconductors industry by 0.06 percentage points. Marvell Technology stock is currently +59.24% from its 52-week low of $46.07, and -14.46% from its 52-week high of $85.76.

At the moment, there are 865.6M MRVL shares outstanding. The market value of MRVL is $63.50B. In the past 24 hours, 10.23M MRVL shares were traded.

How to Buy Marvell Technology Stock

Not sure how to invest in Marvell Technology stock? Here's how.
  1. Decide where to buy Marvell Technology stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Marvell Technology stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your method of payment and add your info.
  4. Research Marvell Technology stock: The Marvell Technology ticker symbol is MRVL. Is Marvell Technology stock a good investment? Should you buy shares of MRVL? How do MRVL's underlying business fundamentals look? Do top analysts think Marvell Technology is a good buy? Why has MRVL's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if MRVL is a good stock to buy).
  5. Make your MRVL purchase: Decide if you will purchase MRVL shares at the current market price or use a limit order to purchase MRVL shares at a specific price.
  6. Get updates on your MRVL position: Create a watchlist to important notifications about your new investment in Marvell Technology shares.

Step 1: Decide where to buy Marvell Technology stock

You will need a brokerage account in order to access the NASDAQ market and buy MRVL stock.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy MRVL stock today.

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Step 4: Research Marvell Technology stock

Once you have identified the best place to buy Marvell Technology stock, it's important to evaluate their stock prior to buying, so you actually wrap your head around the risk and upside.

Overview of key MRVL info

MRVL Price
$73.36
1w %
5.1%
1y %
18.23%
5y %
204.9%
P/E
-64.92x
P/B
4.39x
P/S
11.87x
PEG
N/A
Revenue
$5.35B
Earnings
-$980.10M
Fore. Rev. Growth
16.55%
Fore. Earn. Growth
N/A
Market Cap
$63.50B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Marvell Technology

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on MRVL's stock page.

How is MRVL stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MRVL's intrinsic value.

Using relative valuations ratios:

  • MRVL may be undervalued based on its P/B ratio of 4.39x, relative to Semiconductors industry P/B ratio of 9.92x

You can do more valuation research on MRVL's stock here.

MRVL Financial Health

Positive Financial Indicators:

  • MRVL's operating cash flow of $1.49B allows it to safely service it's debt of $4.15B.
  • There are more short-term assets than short-term liabilities on the MRVL balance sheet.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the MRVL balance sheet.
  • MRVL profit margin has gone down from -2.9% to -18.3% in the past year.
  • Total MRVL debt is higher than 5 years ago, relative to shareholder equity.
  • MRVL has a relatively high debt to equity ratio of 0.42.
  • MRVL earnings of -$537.60M is not sufficient to cover its interest payments.

Is it a good time to buy MRVL stock, according to Wall Street analysts?

Out of 26 Wall Street analysts who give recommendations on MRVL, the consensus analyst rating on Marvell Technology is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent MRVL Analyst Ratings

Craig Ellis, a top 1% analyst from B. Riley Securities maintains MRVL with a strong buy rating and raises their MRVL price target from $95.00 to $100.00, on May 31, 2024.

B. Riley Securities's Craig Ellis raised their price target on Marvell Technology (NASDAQ: MRVL) by 5.3% from $95 to $100 on 2024/05/31. The analyst maintained their Strong Buy rating on the stock.

Marvell Technology reported its Q1 2025 earnings on 2024/05/30.

Ellis said they hiked their price target because Marvell Technology management "expects ongoing AI and optical connectivity strength, and a large customer compute program ramp-up."

Earnings Report

For Q1 2025, Marvell Technology reported:

  • EPS of $0.24, which beat the Zacks Consensus Estimate of $0.23 but missed, by 22.6%, Q1 2024's $0.31.
  • Revenue of $1.16, which beat the Zacks Consensus Estimate of $1.15B but missed Q1 2024's $1.32B by 12.1%.
  • 62.4% gross margin, up 240 bps Y/Y.
  • Opex of $453.8M, compared to Q1 2024's $458.6 M.

For Q2 2025, management guided:

  • EPS of $0.24 to $0.34.
  • Revenue of $1.88B to $1.31B.
  • 62% gross margin.
  • Opex of $455M.

Chairman & CEO Matt Murphy commented: "Marvell delivered fQ1 revenue of $1.161B, above the mid-point of guidance, driven by stronger than forecasted demand from AI.

"Our data center revenue grew 87% Y/Y, with the start of a ramp in our custom AI programs complementing our substantial base of electro-optics revenue.

"For Q2, we are guiding an 8% sequential increase in revenue at the mid-point, fueled by ramping custom AI silicon.

"We see a favorable setup for 2H 2025, driven by continued growth in data center and the beginning of a recovery in enterprise networking and carrier infrastructure."

Joseph Moore, a top 4% analyst from Morgan Stanley maintains MRVL with a hold rating and raises their MRVL price target from $71.00 to $77.00, on May 31, 2024.

Quinn Bolton, a top 1% analyst from Needham reiterates MRVL with a buy rating and maintains their MRVL price target from $95.00 to $95.00, on May 31, 2024.

Suji Desilva, a bottom 14% analyst from Roth MKM maintains MRVL with a strong buy rating and maintains their MRVL price target from $95.00 to $95.00, on Apr 12, 2024.

John Vinh, a top 1% analyst from KeyBanc maintains MRVL with a strong buy rating and lowers their MRVL price target from $95.00 to $90.00, on Apr 8, 2024.

You can dive deeper into what analysts are forecasting on the Marvell Technology stock forecast page.

MRVL Momentum

SMA10
69.94
SMA20
72.09
SMA50
69.78
SMA100
69.88
SMA200
62.68
MACD
0.05
MACD Signal
0.3
MACD Histogram
-0.25
RSI
55.57
Stochastic %K
40.33
Stochastic %D
28.59
StochRSI %K
37.94
StochRSI %D
27.24

Is MRVL Making Money?

Last year, MRVL revenue was $5.35B. During the last five year, MRVL's revenue has grown by 12.83% per year. This was slower than the Semiconductors industry average of 31.83%.

Dive into MRVL's earnings and revenue performance here.

Are MRVL insiders buying or selling the stock?

Over the last 12 months, insiders at MRVL have sold more shares than they have bought.

Mark Casper, EVP Chief Legal Officer of MRVL, was the latest MRVL insider to sell. They sold $86,494.95 worth of MRVL shares on May 15, 2024.

Learn more about who owns MRVL shares here.

Does MRVL provide a stable income stream?

No, Marvell Technology doesn't provide an income stream by paying out dividends.

What do other traders have to say about MRVL?

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Step 5: Make your MRVL purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

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Step 6: Get updates on your MRVL position

Now that you own some MRVL stock, you'll want to stay up-to-date on your investment.

Add MRVL to a watchlist to keep tabs on your MRVL stock.

MRVL Feed

How to Buy Stock in Marvell Technology

To summarize, here are the 6 steps for buying Marvell Technology stock:

  1. Decide where to buy Marvell Technology stock
  2. Sign up for a brokerage account
  3. Put funds into your brokerage account
  4. Research Marvell Technology stock
  5. Make your MRVL purchase
  6. Get updates on your MRVL position

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Marvell Technology, create a watchlist on WallStreetZen today.

NASDAQ: MRVL
$73.36+2.96 (+4.2%)
Updated Jun 12, 2024
Open eToro Account
NASDAQ: MRVL
$73.36+2.96 (+4.2%)
Updated Jun 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Marvell Technology share?

As of Jun 12, 2024, it costs $73.36 to buy one share of Marvell Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.136 shares of MRVL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Marvell Technology stock?

According to 26 Wall Street analysts who monitor Marvell Technology, their consensus recommendation is to buy Marvell Technology stock.

What is the best way to buy Marvell Technology stock?

One way to place an order for Marvell Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.