Marvell Technology, Inc. MRVL NDXAI
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers for server and storage system connectivity; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, compute express link switches, non-volatile memory express (NVMe), and NVMe over fabrics; and develops ultra accelerator linkTM switches and ethernet for scale-up networking switches. The company serves data centers, communications, and other markets. It offers its products through direct customers and distributors. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Excellent profit margin of 29.0%.
- Compounding revenue at 11.4% over 5 years.
- Profit CAGR of 577.7% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 70.4.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MRVL Marvell Technology, Inc. NDXAI | 205.00 | 70.45 | $179.49B | 0.12% | 17.04% | 16.03% | 11.45% | 577.70% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | May 2020 | Aug 2020 | Oct 2020 | May 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | May 2024 | Aug 2024 | Nov 2024 | Jan 2025 | Apr 2025 | May 2025 | Jul 2025 | Aug 2025 | Oct 2025 | Nov 2025 | Jan 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 693.64M | 727.30M | 750.14M | 832.30M | 1.08B | 1.21B | 1.45B | 1.52B | 1.54B | 1.32B | 1.34B | 1.42B | 1.16B | 1.27B | 1.52B | - | 1.90B | 1.90B | 2.01B | 2.01B | 2.07B | 2.07B | 2.22B | 2.42B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 942.90M | - | 995.50M | - | 1.00B | - | 1.07B | 1.16B |
| Gross Profit | 326.90M | 359.26M | 381.06M | 418.20M | 371.80M | 587.80M | 750.90M | 786.00M | 777.30M | 557.20M | 521.10M | 551.20M | 527.80M | 587.60M | 349.40M | - | 952.40M | 952.40M | 1.01B | 1.01B | 1.07B | 1.07B | 1.15B | 1.26B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 694.10M | - | 711.80M | - | 702.40M | - | 734.00M | 910.70M |
| Operating Income | -96.00M | -151.27M | -9.39M | -82.30M | -266.70M | -33.40M | 69.80M | 39.10M | 105.80M | -182.40M | -205.70M | -146.30M | -152.30M | -100.40M | -702.80M | - | 258.30M | 270.60M | 298.80M | 290.10M | 367.40M | 357.80M | 413.90M | 350.10M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 600.50M | - | 617.90M | - | 2.58B | - | 749.40M | 660.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 54.70M | - | 56.40M | - | 51.20M | - | 50.80M | 256.10M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 215.90M | - | 233.70M | - | 2.22B | - | 381.60M | 83.30M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 38.00M | - | 38.90M | - | 314.10M | - | -14.50M | 48.80M |
| Net Income | -113.03M | -157.89M | -22.91M | -88.20M | -276.40M | -62.60M | -165.70M | 4.30M | 13.30M | -168.90M | -207.50M | -164.30M | -215.60M | -193.30M | -676.30M | - | 177.90M | 177.90M | 194.80M | 194.80M | 1.90B | 1.90B | 396.10M | 34.50M |
| Diluted EPS | -0.17 | -0.24 | -0.03 | -0.13 | -0.34 | -0.08 | -0.20 | 0.01 | 0.02 | -0.20 | -0.24 | -0.19 | -0.25 | -0.22 | -0.78 | - | 0.20 | 0.20 | 0.22 | 0.22 | 2.20 | 2.20 | 0.46 | 0.04 |
| R&D Expense | 279.58M | 277.14M | 255.64M | 286.10M | 367.00M | 371.90M | 444.10M | 449.00M | 448.10M | 480.70M | 474.80M | 481.10M | 476.10M | 486.70M | 488.60M | - | - | 507.70M | - | 519.00M | - | 512.50M | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2024 | Jan 2025 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.70B | 2.97B | - | 5.92B | 5.51B | 5.51B | 5.77B | 5.77B | 8.19B |
| Cost of Revenue | - | - | - | 2.93B | 3.21B | - | 3.39B | - | 4.01B |
| Gross Profit | 1.36B | 1.49B | - | 2.99B | 2.29B | 2.29B | 2.38B | 2.38B | 4.18B |
| Operating Expenses | - | - | - | 2.63B | 2.73B | - | 2.75B | - | 2.84B |
| Operating Income | -243.36M | -258.40M | - | 359.60M | -436.60M | -567.70M | -366.40M | -720.30M | 1.34B |
| EBITDA | - | - | - | 1.65B | 850.70M | - | 651.60M | - | 4.54B |
| Interest Expense | - | - | - | 170.60M | 211.70M | - | 189.40M | - | 202.60M |
| Pretax Income | - | - | - | 85.10M | -758.70M | - | -894.70M | - | 3.05B |
| Tax Provision | - | - | - | 248.60M | 174.70M | - | -9.70M | - | 376.50M |
| Net Income | 1.58B | -277.30M | - | -163.50M | -933.40M | -933.40M | -885.00M | -885.00M | 2.67B |
| Diluted EPS | 2.34 | -0.41 | - | -0.19 | -1.08 | -1.08 | -1.02 | -1.02 | 3.07 |
| R&D Expense | 1.08B | 1.07B | 1.42B | 1.78B | - | 1.90B | - | 1.95B | 2.08B |
Compounded Sales Growth
| 5 Years: | 11.45% |
| 1 Year: | 27.60% |
Compounded Profit Growth
| 5 Years: | 577.70% |
| 1 Year: | -80.40% |
Stock Price Performance
| 1 Year: | +241.51% |
| 6 Months: | +146.01% |
| 3 Months: | +151.07% |
| 1 Month: | +30.93% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Feb 2019 | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2024 | Jan 2025 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 10.76B | - | 22.52B | 21.23B | 21.23B | 20.20B | 20.20B | 22.29B |
| Current Assets | - | - | - | - | 3.28B | 3.06B | - | 3.12B | - | 6.46B |
| Cash & Equivalents | - | - | 748.47M | - | 911.00M | 950.80M | 950.80M | 948.30M | 948.30M | 2.64B |
| Inventory | - | - | - | - | 1.07B | 864.40M | - | 1.03B | - | 1.39B |
| Receivables | - | - | - | - | 1.19B | 1.12B | - | 1.03B | - | 2.19B |
| Total Liabilities | - | - | 2.33B | - | 6.88B | 6.40B | 6.40B | 6.78B | 6.78B | 7.98B |
| Current Liabilities | - | - | 1.08B | - | 2.39B | 1.81B | 1.81B | 2.03B | 2.03B | 3.22B |
| Long Term Debt | - | - | 993.17M | - | 3.91B | 4.06B | 4.06B | 3.93B | 3.93B | 3.97B |
| Total Debt | - | - | - | - | 4.74B | 4.40B | - | 4.34B | - | 4.79B |
| Total Equity | 7.31B | 8.68B | 8.44B | - | 15.64B | 14.83B | 14.83B | 13.43B | 13.43B | 14.31B |
| Shares Outstanding | - | - | - | - | 856.10M | 865.54M | - | 866.00M | - | 847.26M |
Cash Flows (Annual)
Figures in USD.
| Metric | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2024 | Jan 2025 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 360.30M | 817.30M | - | 1.29B | 1.37B | 1.37B | 1.68B | 1.68B | 1.75B |
| Investing Cash Flow | 558.85M | -119.60M | - | -328.40M | -350.50M | -350.50M | -300.70M | -300.70M | 2.10B |
| Financing Cash Flow | -853.95M | -596.80M | - | -662.90M | -980.20M | -980.20M | -1.38B | -1.38B | -2.16B |
| Capital Expenditure | -81.92M | -106.80M | - | -217.30M | -350.20M | -336.30M | -291.60M | -284.60M | -358.60M |
| Free Cash Flow | 278.38M | 710.50M | - | 1.07B | 1.02B | 1.03B | 1.39B | 1.40B | 1.39B |
| Net Change in Cash | - | - | - | 297.50M | 39.80M | - | -2.50M | - | 1.69B |
| Share Buybacks | 364.27M | 25.20M | 0 | 115.00M | - | 150.00M | - | 725.00M | 2.04B |
| Dividends Paid | 159.57M | 160.60M | 191.00M | 204.40M | - | 206.80M | - | 207.50M | 205.10M |
Ratios (Annual)
Figures in %.
| Metric | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Feb 2024 | Jan 2025 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 50.3% | 50.1% | - | 50.5% | 41.6% | 41.6% | 41.3% | 41.3% | 51.0% |
| Operating Margin % | -9.0% | -8.7% | - | 6.1% | -7.9% | -10.3% | -6.4% | -12.5% | 16.3% |
| Net Margin % | 58.7% | -9.3% | - | -2.8% | -16.9% | -16.9% | -15.3% | -15.3% | 32.6% |
| ROE % | 18.3% | -3.3% | - | -1.0% | -6.3% | -6.3% | -6.6% | -6.6% | 18.7% |
| ROCE % | - | -2.7% | - | 1.8% | -2.2% | -2.9% | -2.0% | -4.0% | 7.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 14.63% | 131.26M | $26.91B |
| 2 | Blackrock Inc. | 7.11% | 63.84M | $13.09B |
| 3 | Vanguard Capital Management LLC | 4.36% | 39.11M | $8.02B |
| 4 | Vanguard Portfolio Management LLC | 3.70% | 33.22M | $6.81B |
| 5 | State Street Corporation | 2.60% | 23.34M | $4.78B |
| 6 | Ameriprise Financial, Inc. | 2.32% | 20.84M | $4.27B |
| 7 | Geode Capital Management, LLC | 1.40% | 12.58M | $2.58B |
| 8 | Franklin Resources, Inc. | 1.27% | 11.37M | $2.33B |
| 9 | Goldman Sachs Group Inc | 1.25% | 11.25M | $2.31B |
| 10 | Van Eck Associates Corporation | 1.20% | 10.75M | $2.20B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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