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Is Marvell Technology (MRVL) a good stock to buy?

Marvell Technology (MRVL) closed the last trading session at $68.81, gaining 0.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $87.94 indicates a 27.8% upside potential.

How much does Marvell (AMD) earn per share?

For that quarter, Marvell reported earnings per share of 46 cents, in line with the consensus estimate. The stock printed revenues of $1.427 billion, which exceeded the consensus estimate of $1.42 billion. For the first quarter, analysts, on average, estimate AMD will report earnings of 25 cents per share on revenues of $1.18 billion. Read More...

How did Marvell's fourth-quarter earnings compare to the consensus estimate?

When Marvell printed its fourth-quarter earnings on March 7, the stock plunged over 11% the following day and entered into a steep downtrend, which brought the stock to a low of $63.46 on March 19. For that quarter, Marvell reported earnings per share of 46 cents, in line with the consensus estimate.

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