MRVL - Marvell Technology Group

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 19, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Marvell Technology Group (MRVL) is a producer of storage, communications and consumer semiconductor products. The company was founded in 1995 and has approximately 7,000 employees. Marvell's U.S. operating headquarters is located in Santa Clara, California, and the company operates design centers in places including Canada, Europe, Israel, India, Singapore and China. Marvell is a fabless semiconductor company and ships more than one billion integrated circuits (known as "chips") per year. Its market segments include high volume storage, mobile and wireless, networking, consumer, and digital entertainment.
     
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  2. T0rm3nted

    T0rm3nted Moderator
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    50MA just crossed over the 200MA a few days ago but the stock continued down. Could be lagging behind by a few days and about to head back up. Sitting right at the 50MA for some support right now, and more at $9.71 at the 200MA. Could bounce back up if the MA support levels hold.

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  3. StockJock-e

    StockJock-e Brew Master
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    Resistance/support right here:

    [​IMG]
     
  4. Stockaholic

    Stockaholic Content Manager

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    Analysts at Credit Suisse upgraded Marvell Technology Group Ltd. (NASDAQ: MRVL) from Neutral to Outperform. The price target for Marvell Technology has been raised from $13.50 to $17.50. Marvell shares fell 2.58 percent to close at $12.83 on Tuesday.
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Upcoming Dividend Information:

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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Think this one might be a short tomorrow, see how the first 5 minutes trade. EPS this year is 0.30, but projections for next year are $1.23. Which is bad IF the projections are wrong. The guidance for next quarter is only in-line, so there's a chance projections might start coming down.

    Company has sold off/closed a couple of departments (multimedia solutions, ott multimedia platforms: source: https://www.fool.com/investing/2017/08/24/storage-and-networking-to-be-the-stars-of-marvell.aspx ), ostensibly to focus on higher-margin businesses. But we'll see if they can really quadruple earnings with a smaller company.
     
  7. Clair

    Clair Active Member

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    Oh wow, when I saw the thread on forum, I thought Marvel Comics went public. What a disappointment :D
     
  8. KyleLennon

    KyleLennon Member

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    The investor sentiment is mixed. The stock fell 13% in the past six months as semiconductor companies are losing the momentum in the stock market. But some investors are very bullish about the company’s prospects in the Internet of Things (IoT), automotive cars, and big data.
     
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  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looking pretty good
    [​IMG]
     
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  10. rg7803

    rg7803 Well-Known Member

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    MRVL rebounded where it should, around 15-16$, and that's nice!
     
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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Holding above the 50 sma with ER next month.
    [​IMG]
     
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  12. emmett kelly

    emmett kelly Well-Known Member

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    Marvell Technology shares are trading higher after several analysts maintained bullish ratings on the stock and raised their price targets, respectively, following the company raising its long-term growth estimates.

    Oct 7, 2021 8:54a ET
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Nice W pattern back in February-June.
    [​IMG]
     
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  14. emmett kelly

    emmett kelly Well-Known Member

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    the horse has left the barn. do not chase it.

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    Marvell Technology shares are trading higher after the company reported better-than-expected Q3 EPS and sales results and issued Q4 EPS and sales guidance above estimates.

    Dec 3, 2021 7:50a ET
     
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  15. emmett kelly

    emmett kelly Well-Known Member

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    Shares of semiconductor stocks are trading higher. Move is possibly due to continued strength following Taiwan Semiconductor earnings as well as a rotation out of software names.

    Jan 14, 2022 12:13p ET
     

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