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Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, Marvell Technology (MRVL - Free Report) was down 4.5% at $168.93. This change lagged the S&P 500's daily loss of 0.07%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq lost 0.51%.
Heading into today, shares of the chipmaker had gained 26.63% over the past month, outpacing the Computer and Technology sector's gain of 12.26% and the S&P 500's gain of 5.58%.
The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. The company is scheduled to release its earnings on May 27, 2026. The company is predicted to post an EPS of $0.8, indicating a 29.03% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.4 billion, indicating a 26.82% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.81 per share and revenue of $10.84 billion. These totals would mark changes of +34.15% and +32.25%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Marvell Technology. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Marvell Technology boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Marvell Technology has a Forward P/E ratio of 46.41 right now. This expresses a premium compared to the average Forward P/E of 44.35 of its industry.
It is also worth noting that MRVL currently has a PEG ratio of 1.18. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Electronics - Semiconductors industry stood at 1.88 at the close of the market yesterday.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 49, positioning it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, Marvell Technology (MRVL - Free Report) was down 4.5% at $168.93. This change lagged the S&P 500's daily loss of 0.07%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq lost 0.51%.
Heading into today, shares of the chipmaker had gained 26.63% over the past month, outpacing the Computer and Technology sector's gain of 12.26% and the S&P 500's gain of 5.58%.
The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. The company is scheduled to release its earnings on May 27, 2026. The company is predicted to post an EPS of $0.8, indicating a 29.03% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.4 billion, indicating a 26.82% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.81 per share and revenue of $10.84 billion. These totals would mark changes of +34.15% and +32.25%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Marvell Technology. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Marvell Technology boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Marvell Technology has a Forward P/E ratio of 46.41 right now. This expresses a premium compared to the average Forward P/E of 44.35 of its industry.
It is also worth noting that MRVL currently has a PEG ratio of 1.18. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Electronics - Semiconductors industry stood at 1.88 at the close of the market yesterday.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 49, positioning it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.