KeyCorp Comments on Marvell Technology, Inc.’s Q1 2026 Earnings (NASDAQ:MRVL)

Marvell Technology, Inc. (NASDAQ:MRVL) – Research analysts at KeyCorp issued their Q1 2026 earnings estimates for shares of Marvell Technology in a note issued to investors on Sunday, April 7th. KeyCorp analyst J. Vinh forecasts that the semiconductor company will post earnings of $0.29 per share for the quarter. KeyCorp has a “Overweight” rating and a $90.00 price objective on the stock. The consensus estimate for Marvell Technology’s current full-year earnings is $0.72 per share. KeyCorp also issued estimates for Marvell Technology’s Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.46 EPS, Q4 2026 earnings at $0.56 EPS and FY2026 earnings at $1.66 EPS.

Several other brokerages have also issued reports on MRVL. B. Riley reissued a “buy” rating and issued a $95.00 price target (up previously from $85.00) on shares of Marvell Technology in a report on Monday, March 4th. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price objective (up from $70.00) on shares of Marvell Technology in a research report on Thursday, February 29th. Citigroup reaffirmed a “buy” rating and issued a $91.00 price objective on shares of Marvell Technology in a research report on Wednesday, March 27th. Cantor Fitzgerald assumed coverage on shares of Marvell Technology in a research report on Tuesday, January 23rd. They issued an “overweight” rating and a $80.00 price objective on the stock. Finally, Summit Insights raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Friday, March 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $76.58.

Marvell Technology Price Performance

Shares of MRVL stock opened at $71.53 on Wednesday. Marvell Technology has a 12-month low of $36.90 and a 12-month high of $85.76. The firm has a market capitalization of $61.94 billion, a price-to-earnings ratio of -66.23, a price-to-earnings-growth ratio of 5.28 and a beta of 1.50. The company has a quick ratio of 1.21, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The firm has a fifty day moving average of $70.33 and a 200-day moving average of $61.64.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, March 7th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. Marvell Technology had a negative net margin of 16.95% and a positive return on equity of 4.96%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the business earned $0.34 EPS. The firm’s revenue was up .6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MRVL. Buck Wealth Strategies LLC grew its stake in Marvell Technology by 1,328.1% in the 3rd quarter. Buck Wealth Strategies LLC now owns 457 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 425 shares during the last quarter. SRS Capital Advisors Inc. grew its stake in Marvell Technology by 216.2% in the 2nd quarter. SRS Capital Advisors Inc. now owns 411 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 281 shares during the last quarter. SJS Investment Consulting Inc. grew its stake in Marvell Technology by 56.8% in the 4th quarter. SJS Investment Consulting Inc. now owns 428 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 155 shares during the last quarter. Bruce G. Allen Investments LLC grew its stake in Marvell Technology by 56.4% in the 1st quarter. Bruce G. Allen Investments LLC now owns 391 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 141 shares during the last quarter. Finally, Resurgent Financial Advisors LLC acquired a new position in Marvell Technology in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Chris Koopmans sold 5,000 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $65.26, for a total value of $326,300.00. Following the sale, the executive vice president now directly owns 124,117 shares of the company’s stock, valued at approximately $8,099,875.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO Matthew J. Murphy sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $65.59, for a total value of $1,967,700.00. Following the sale, the chief executive officer now directly owns 792,929 shares of the company’s stock, valued at approximately $52,008,213.11. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Chris Koopmans sold 5,000 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $65.26, for a total transaction of $326,300.00. Following the completion of the sale, the executive vice president now directly owns 124,117 shares in the company, valued at $8,099,875.42. The disclosure for this sale can be found here. Insiders have sold 108,000 shares of company stock valued at $7,188,790 in the last three months. 0.45% of the stock is currently owned by corporate insiders.

Marvell Technology declared that its Board of Directors has approved a share buyback plan on Thursday, March 7th that authorizes the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to reacquire up to 4.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Friday, April 12th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, April 11th. This represents a $0.24 annualized dividend and a yield of 0.34%. Marvell Technology’s dividend payout ratio (DPR) is presently -22.22%.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.