Professional
Added to YB: 2025-06-02
Pitch date: 2025-03-31
MRVL [neutral]
Marvell Technology, Inc.
+37.48%
current return
Author Info
No bio for this author
Company Info
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge.
Market Cap
$78.4B
Pitch Price
$61.29
Price Target
N/A
Dividend
0.26%
EV/EBITDA
32.15
P/E
32.53
EV/Sales
10.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Alger Mid Cap Focus Fund Portfolio Holding: Marvell Technology, Inc.
MRVL (holding update): Chip maker specializing in complex SOC solutions declined after strong Q4 but weak FQ1 guidance & AI sector pullback. Well-positioned in data centers via strategic M&A. Strong IP portfolio to capitalize on cloud, 5G, auto, networking & security trends despite near-term tariff concerns.
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