Marvell Technology Inc quote is equal to 45.515 USD at 2023-03-01. With automobiles becoming ever more intelligent, thanks to advanced driver assistance systems, interconnectivity for entertainment, and, eventually, self-driving technology, there is a growing need for sensors and data processing. That looks way more reasonable than the ttm earnings multiple, but it is still not cheap. Yes. MRVL - Marvell Technology Inc Forecast - CNNMoney.com The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. which is $3.82 resistance level and try to gain a foothold above it, then in the future they will most likely test this level from above and if the $47.83 50 Day Moving Average is the support level (41.39 $). I have no business relationship with any company whose stock is mentioned in this article. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands. On a per-share basis, the Wilmington, Delaware-based company said it had a loss of 2 cents. I thus do not rate MRVL a Buy yet, as I personally want to wait for a more attractive entry price (which is not guaranteed, however). An increase of 29.45% compared to the previous month's estimate. Mto Paris-le-de-France: un mardi beau et frais malgr un vent A P/B of 0.5 means its selling at half its book value. This is a medium-term price change metric. MRVL Stock Forecast, Price & News (Marvell Technology) - MarketBeat Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The width of this channel is $21.07. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. This figure corresponds to the Average Price over the previous 50/200 days. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Last update: 01/16/2023, 04:56 AM . MRVL had announced the acquisition of Inphi in October last year in a cash and stock deal valued at $10 . It is predicted that the price of one Marvell Technology share in will be in the range of A P/B of 1 means it's selling at its per share book value. After all, the broad market is trading at significantly lower valuations, as are many semiconductor companies -- not all of them are growing as fast as MRVL, of course. In January 2025 analysts predict a stock price of $53.98. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. Highest Price Target $125.00. Amazon Stock Forecast 2023: Can Amazon Rise Above $100? $93.57 / $41.01. The market capitalization of Marvell Technology is $47 347 929 000. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Is this happening to you frequently? Through its transformation from a consumer-focused business towards an infrastructure-focused business active in high-value and fast-growing areas such as data centers, Marvell Technologies has been able to improve its fundamentals dramatically.

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