Marvell Technology (MRVL) closed at $39.51 in the latest trading session, marking a +1.39% move from the prior day. This move outpaced the S&P 500's daily gain of 0.96%. At the same time, the Dow added 1.31%, and the tech-heavy Nasdaq lost 0.14%.
What is the forecast for Marvell Technology stock?
On that day, Marvell Technology is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 37.21%. Our most recent consensus estimate is calling for quarterly revenue of $1.56 billion, up 28.74% from the year-ago period.
What is the stock price for Marvell Technology?
MRVL announced a cash dividend of 0.06 with an ex-date of Jan. 5, 2023 Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate.
