Marvell Technology, Inc. (MRVL) Stock

Marvell Technology, Inc. (MRVL) is a Technology stock trading at $205.00 (as of 2026-07-15), with a market capitalization of $179.33B and a trailing P/E of 77.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

Understand Marvell Technology, Inc.: how it makes money

Marvell Technology designs and sells specialized integrated circuits for Ethernet networking, data center, and storage, making money when customers incorporate its chips into their network and computing equipment.

Marvell's profit model is driven by the conversion of its custom design wins pipeline into chips attached in production, which then flows through to its Data center revenue and Communications and other revenue.

Revenue by segment (latest quarter)
Data ctr$1.8B
Comm & other$0.6B

Business quality (Solid): The provided facts include a clean split of revenue into Data center and Communications and other, plus operating indicators focused on pipeline and production attachment, but detailed sub-segment reporting is not provided here.

Valuation: At 92× earnings, MRVL trades 79% above the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Data center revenue is the largest disclosed revenue driver (1.83 USD_B), aligning the operating focus with the company's core data center networking and storage exposure: A larger data center revenue base can scale operating leverage if customer demand remains steady.
  • Marvell tracks forward momentum through the design wins pipeline (custom) (75.0 USD_B) and whether designs move into production via custom attach chips in production (18.0 count): If more designs convert, that can support future revenue, rather than relying only on near-term orders.

Bear case

  • Communications and other revenue is smaller than data center revenue (0.59 USD_B), so shifts in end-market demand can change the overall mix: If communications-related demand softens, total results may be more constrained until data center and design conversions offset.
  • The design wins pipeline is a forward indicator (75.0 USD_B), and the key operating question is conversion into chips attached in production (18.0 count): Pipeline progress does not guarantee revenue, because conversion timing and production ramps can lag or disappoint.
Valuation — source: SEC EDGAR (first-party)
Price$205.00
Market Cap$179.33B
P/E Ratio77.7
EV / EBITDA143.5
Price / Book9.84
Price / Sales21.37
FCF Yield1.4%
DCF Value (model)$6.14
DCF Upside vs Price-97.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.19B
Net Margin32.6%
Revenue Growth (YoY)42.1%
EPS Growth (YoY)-403.9%
FCF Growth (YoY)-0.0%
Financial Health — source: SEC EDGAR
Altman Z-Score14.30 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E77.7
Sector P/E (Technology)34.5
Industry P/E (Electronic Equipment)42.5
vs Sector125.1%
vs Industry82.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($13.00B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryElectronic Equipment
CEOMatthew J. Murphy
Employees7,042
CountryUS
IPO Date2000-06-30

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MRVL earnings history · MRVL institutional & insider holders · MRVL KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-15.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.