Professional
Added to YB: 2023-12-05
Pitch date: 2023-12-05
MRVL [bullish]
Marvell Technology, Inc.
+64.52%
current return
Author Info
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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
$51.22
Price Target
75.00 (-11%)
Dividend
0.26%
EV/EBITDA
32.15
P/E
32.53
EV/Sales
10.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Marvell Technology: AI data center momentum offsetting enterprise weakness
MRVL: Fabless semi co. met Q3 rev $1.42B +6% but Q4 outlook weak on lower enterprise demand. BUY w/ $75 PT on AI & data center growth. Acquisitions like Cavium, Inphi boost AI, cloud positioning. Valuations premium to peers. Leadership changes align w/ future trends.
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