Marvell Technology, Inc. (MRVL) Stock Analysis — Fair Value, Risk & Moat Rating
NMS · Technology · Semiconductors
Is Marvell Technology, Inc. a safe investment right now?
Marvell Technology, Inc.'s Altman Z-Score of 11.46 places it in the safe zone. Our fair value estimate is $134.80 (Overvalued). Moat rating: 2.6/5 stars.
Could Marvell Technology, Inc. go bankrupt? Altman Z-Score analysis
Z-Score of 11.46 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives MRVL's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.1454 | 1.2 | 0.17 |
| B · Retained Earnings / Total Assets | RE / TA | 0.0608 | 1.4 | 0.09 |
| C · EBIT / Total Assets | EBIT / TA | 0.1458 | 3.3 | 0.48 |
| D · Market Cap / Total Liabilities | MCap / TL | 17.246 | 0.6 | 10.35 |
| E · Revenue / Total Assets | Rev / TA | 0.3677 | 1.0 | 0.37 |
How has MRVL's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2023 | 12.41 | Safe |
| 2024 | 13.15 | Safe |
| 2025 | 12.34 | Safe |
| 2026 | 11.46 | Safe |
Source: Calculated from MRVL's latest 10-K filing on SEC EDGAR.
What is Marvell Technology, Inc. actually worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $3.37 | Proprietary blend of reported actuals + analyst consensus, weighted by α |
| Last Year EPS | $3.07 | Annual report (SEC EDGAR) |
| Analyst Consensus EPS (This Year) | $3.83 | 39 analysts consensus |
| Trailing P/E | 51.2x | Current market pricing |
| Fair P/E (β discount) | 40.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | Growing | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $126.95 (39 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Marvell Technology, Inc. have a durable competitive advantage?
Moat rating: 2.6/5.
What makes up MRVL's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 3/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is MRVL's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2023 | 1.3% | — |
| 2024 | -2.9% | Declining |
| 2025 | -4.0% | Declining |
| 2026 | 17.3% | Rising |
Source: ROIC calculated from SEC EDGAR filings.
Is Marvell Technology, Inc.'s dividend safe?
Can Marvell Technology, Inc. afford its dividend?
Payout ratio is 7.8%. FCF covers the dividend 5.2x. 15 consecutive years of payments.
Marvell Technology, Inc.'s key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $8.2B | $5.8B | $5.9B | Rising |
| Net Income | $2.7B | −$0.9B | −$0.2B | Rising |
| Free Cash Flow | $1.4B | $1.4B | $1.1B | Rising |
| Gross Margin | 51.0% | 41.3% | 50.5% | Stable |
Recent events that affect our MRVL analysis
MRVL earnings report scheduled
Upcoming report. Consensus EPS estimate: $0.80. Revenue estimate: $2.40B. Our current Fair Value: $134.80 — a significant beat or miss could shift this estimate.
MRVL analyst consensus: 84% bullish (36 of 43 analysts)
6 Strong Buy, 30 Buy, 7 Hold, 0 Sell, 0 Strong Sell. Consensus target: $126.95 (19.3% downside). Compare with our independent Fair Value: $134.80.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
MRVL beat EPS estimates by 1.1%
Reported EPS: $0.80 vs estimate $0.79. Earnings strength supports our Fair Value of $134.80 (14.3% below current price).
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
MRVL beat EPS estimates by 3.0%
Reported EPS: $0.76 vs estimate $0.74. Earnings strength supports our Fair Value of $134.80 (14.3% below current price).
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
MRVL missed EPS estimates by 0.5%
Reported EPS: $0.67 vs estimate $0.67. Our Fair Value of $134.80 may face downward pressure if the trend continues.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
MRVL beat EPS estimates by 1.1%
Reported EPS: $0.62 vs estimate $0.61. Earnings strength supports our Fair Value of $134.80 (14.3% below current price).
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
MRVL beat EPS estimates by 1.6%
Reported EPS: $0.60 vs estimate $0.59. Earnings strength supports our Fair Value of $134.80 (14.3% below current price).
MRVL filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
MRVL paid $0.0600/share dividend
Dividend Safety Grade: A. Payout ratio: 7.8%.
Common questions about Marvell Technology, Inc.
What is Marvell Technology, Inc. stock price today?
Marvell Technology, Inc. (MRVL) stock price is $157.32 as of the latest market close, traded on the NASDAQ exchange.
What does Marvell Technology, Inc. do?
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. It develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors.
What is Marvell Technology, Inc. market cap?
Marvell Technology, Inc. has a market capitalization of $137.57B, classifying it as a large-cap stock in the Technology sector.
What sector and industry is MRVL in?
Marvell Technology, Inc. operates in the Technology sector, specifically within the Semiconductors industry. It trades on the NASDAQ under the ticker symbol MRVL.
Is MRVL stock overvalued or undervalued?
Based on our valuation model, Marvell Technology, Inc. trades 16.7% above our fair value estimate — potentially overvalued.
- FairValueLabs Fair Value: $134.80
- Current Price: $157.32
- Valuation Zone: Overvalued
What is MRVL stock forecast and analyst target price?
Based on 39 Wall Street analysts, the consensus price target for Marvell Technology, Inc. is $126.95, implying downside of 19.3% from the current price.
- Analyst High Target: $170.00
- Analyst Low Target: $85.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Marvell Technology, Inc. revenue and earnings growing?
Here are the analyst consensus growth estimates for Marvell Technology, Inc.:
- Revenue growth (current year est.): 32.5%
- EPS growth (current year est.): 34.8%
- Revenue growth (next year est.): 36.3%
- EPS growth (next year est.): 41.7%
What are Marvell Technology, Inc.'s key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $8.2B | Rising |
| Net Income | $2.7B | Rising |
| Free Cash Flow | $1.4B | Rising |
| Gross Margin | 51.0% | Stable |
What is MRVL's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Trailing P/E (last 12 months): 51.2x
- Forward P/E (next 12 months est.): 29.0x
- FairValueLabs Fair P/E: 40.0x
How volatile is MRVL stock?
Marvell Technology, Inc. has a beta of 1.82, meaning it is significantly more volatile than the broader market. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Marvell Technology, Inc. have?
Marvell Technology, Inc.'s balance sheet shows:
- Total Cash: $2.64B
- Total Debt: $4.79B
- Net Cash Position: $-2.15B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is Marvell Technology, Inc.'s free cash flow?
Marvell Technology, Inc. generated $1.44B in trailing twelve-month free cash flow (from $1.75B in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does Marvell Technology, Inc. pay a dividend, and is it safe?
Yes, Marvell Technology, Inc. pays a regular dividend. Here are the key metrics:
- Dividend Yield: 0.2%
- Payout Ratio: 7.8%
- Consecutive Years Paid: 15
- 5-Year Dividend Growth: -7.8%
- FairValueLabs Safety Grade: A
Is Marvell Technology, Inc. at risk of going bankrupt?
Marvell Technology, Inc.'s Altman Z-Score is 11.46, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Marvell Technology, Inc. have a durable competitive advantage?
Marvell Technology, Inc. scores 2.6/5 stars (Narrow moat · eroding) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 3/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is MRVL's return on equity (ROE)?
Marvell Technology, Inc.'s return on equity is 19.2%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy MRVL stock?
MRVL shares can be purchased through any brokerage account that provides access to the NASDAQ. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol MRVL
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is MRVL a value stock or speculative?
FairValueLabs classifies Marvell Technology, Inc. as Value-Speculation. It has some value characteristics but carries elevated risk factors that make it speculative. Extra due diligence is recommended.
Who is the CEO of Marvell Technology, Inc.?
The current CEO of Marvell Technology, Inc. is Mr. Matthew J. Murphy.
What is MRVL's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $3.07
- Forward EPS (next 12 months est.): $5.42
- Analyst consensus EPS (this year): $3.83
- Analyst consensus EPS (next year): $5.42
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FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Apr 22, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
MRVL analysis methodology: How we calculate fair value, Z-Scores, and moat ratings