Morningstar

Marvell Technology Inc MRVL

Morningstar Rating
Unlock
Stock XNAS Rating as of
$188.68 +0.38 (0.20%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Marvell’s Holistic Data Center Chip Portfolio Is Ballooning With Strong AI Infrastructure Spending

William Kerwin

We see Marvell as a differentiated provider of networking and processing chips into data centers, enabling impressive growth and profitability. Between switching, processing, and optical chips, Marvell has one of the broadest networking silicon portfolios in the world, and we believe it is primed to expand faster than its underlying markets as future networking setups utilize greater content and we anticipate Marvell will continue to win share even in an expanding market. In particular, we believe Marvell will be a significant beneficiary of investment in generative artificial intelligence, or gen AI, with its strong position in optical chips and a burgeoning custom accelerator business.

Read Full Report

Price vs Fair Value

View History
MRVL is trading at a LOCK|#xNZ<Lt premium.
Price
$188.68
Fair Value
LOCK|F^
Uncertainty
LOCK|c%b
1-Star Price
LOCK|c.#n
5-Star Price
X#?
Economic Moat
LOCK|&D$m
Capital Allocation
LOCK|#<hR&gg

Bulls Say, Bears Say

Bulls

Marvell’s strong position in optical chips and its burgeoning custom chip business offer a strong foothold into generative AI infrastructure, which should fuel high growth.

Bears

Marvell is significantly smaller than competitors like Broadcom and Nvidia, which risks the firm being unable to invest adequately to keep up with these massive peers.

Show More

Articles & Videos

Trading Information

Previous Close Price
$188.30
Day Range
$177.95–194.05
52-Week Range
$61.44–329.88
Bid/Ask
$186.75 / $186.96
Shares Outstanding
897.54M
Market Cap
$169.35B
Volume/Avg
30M / 42M

Key Statistics

Price/Earnings (Normalized)
62.28
Price/Sales
18.92
Dividend Yield (Trailing)
0.13%
Dividend Yield (Forward)
0.13%
Total Yield
1.27%

Company Profile

Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Large Growth
Total Number of Employees
7,480
Website
https://www.marvell.com

Competitors

Valuation

View More
Metric
MRVL
AVGO
NVDA
Price/Earnings (Normalized)
 62.2845.6234.72
Price/Book Value
 9.2920.0225.13
Price/Sales
 18.9223.9719.57
Price/Cash Flow
 54.3741.5533.81
Price/Earnings
MRVL
AVGO
NVDA

Financial Strength

Metric
MRVL
AVGO
NVDA
Quick Ratio
 2.511.932.76
Current Ratio
 3.282.243.44
Interest Coverage
 3.3610.58628.92
Quick Ratio
MRVL
AVGO
NVDA

Profitability

Metric
MRVL
AVGO
NVDA
Return on Assets (Normalized)
 11.86%23.74%79.83%
Return on Equity (Normalized)
 18.03%51.54%108.79%
Return on Invested Capital (Normalized)
 6.79%29.94%99.20%
Return on Assets
MRVL
AVGO
NVDA

Semiconductors Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NVIDIA Corp
NVDA
LOCK|%JYHD>DVLOCK|?g?$5T
 Taiwan Semiconductor Manufacturing Co Ltd ADR
TSM
LOCK|#XN%&tLOCK|$B^$2T
 Broadcom Inc
AVGO
LOCK|SD<bnS^XLOCK|g^$2T
 Micron Technology Inc
MU
LOCK|dL^ZKRQLOCK|$T$959B
 SK hynix Inc ADR
SKHY
LOCK|@>nw#JkLOCK|!KX$879B
 Advanced Micro Devices Inc
AMD
LOCK|wjKW<!bFLOCK|pF$Rf$808B
 Intel Corp
INTC
LOCK|W#N^FfJLOCK|#c$478B
 ARM Holdings PLC ADR
ARM
LOCK|h>RkGz<LOCK|^^%$285B
 Texas Instruments Inc
TXN
LOCK|&V#<%x^LOCK|&>$258B
 Analog Devices Inc
ADI
LOCK|!^&#?&B>LOCK|#>y$183B

Sponsor Center