Cantor Fitzgerald Downgrades Marvell Technology (MRVL)
reports that on May 7, 2025, Cantor Fitzgerald downgraded their outlook for Marvell Technology ( NasdaqGS:MRVL ) from Overweight to Neutral .
Analyst Price Forecast Suggests 72.49% Upside
As of May 6, 2025, the average one-year price target for Marvell Technology is $105.60/share. The forecasts range from a low of $60.60 to a high of $147.00. The average price target represents an increase of 72.49% from its latest reported closing price of $61.22 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Marvell Technology is 7,869MM, an increase of 36.44%. The projected annual non-GAAP EPS is 3.38, a decrease of 9.98% from the prior forecast.
What is the Fund Sentiment?
There are
2,278 funds or institutions reporting positions
in Marvell Technology. This is an increase of 205 owner(s) or 9.89% in the last quarter. Average portfolio weight
of all funds
dedicated to MRVL is 0.59%, an increase of 78.23%. Total shares owned by institutions increased in the last three months by 1.65% to 859,308K shares.
The
put/call ratio
of MRVL is 0.96, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 27,144K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 27,440K shares , representing a decrease of 1.09%. The firm increased its portfolio allocation in MRVL by 49.29% over the last quarter.
FBGRX - Fidelity Blue Chip Growth Fund holds 22,083K shares representing 2.55% ownership of the company. In its prior filing, the firm reported owning 26,402K shares , representing a decrease of 19.56%. The firm increased its portfolio allocation in MRVL by 5.64% over the last quarter.
Jpmorgan Chase holds 21,930K shares representing 2.53% ownership of the company. In its prior filing, the firm reported owning 18,156K shares , representing an increase of 17.21%. The firm increased its portfolio allocation in MRVL by 81.26% over the last quarter.
T. Rowe Price Investment Management holds 21,130K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 27,291K shares , representing a decrease of 29.16%. The firm increased its portfolio allocation in MRVL by 21.30% over the last quarter.
Brown Advisory holds 19,301K shares representing 2.23% ownership of the company. In its prior filing, the firm reported owning 18,877K shares , representing an increase of 2.20%. The firm decreased its portfolio allocation in MRVL by 72.82% over the last quarter.
Marvell Technology Background Information
(This description is provided by the company.)
Marvell Technology, Inc. develops and produces semiconductors and related technology. The Company offers security and networking platform, secure data processing, networking, and storage solutions. Marvell Technology serves customers worldwide
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