Marvell Technology Inc. (MRVL) Stock Falls on Q4 2026 Earnings

Marvell Technology Inc. (MRVL) reported fourth-quarter fiscal 2026 results with revenue of $2.22 billion, driven by expanding margins and double-digit top-line growth.

Revenue: $2.22 billion (up 22.1% year-over-year)

Gross profit: $1.15 billion (up 25.1% year-over-year)

Operating profit: $404.4 million (up 71.9% year-over-year)

Net income attributable to common shareholders: $396.1 million (up 97.9% year-over-year)

Diluted earnings per share: $0.46 (up 100.0% year-over-year)

Cash flow and balance-sheet items showed mixed movement, with cash on hand rising substantially while operating cash generation moderated.

Cash from operating activities: $373.7 million (down 27.3% year-over-year)

Purchases of property, plant and equipment (capex): $114.3 million (up 63.5% year-over-year)

Cash and cash equivalents: $2.64 billion (up 178.3% year-over-year)

Total liabilities: $7.98 billion (up 17.7% year-over-year)

Results compared with consensus: revenue came in slightly below the Street estimate of $2.25 billion, and reported diluted EPS of $0.46 was below the estimate of $0.80. The stock moved about 8.46% since market close on the release.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Marvell Technology Inc. Insider Trading Activity

Marvell Technology Inc. insiders have traded $MRVL stock on the open market 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $MRVL stock by insiders over the last 6 months:

MATTHEW J MURPHY (Chairman of the Board and CEO) purchased 13,600 shares for an estimated $1,048,424
MARK CASPER (EVP & Chief Legal Officer) has made 0 purchases and 2 sales selling 6,253 shares for an estimated $591,953.
CHRIS KOOPMANS (President and COO) purchased 6,800 shares for an estimated $530,604
WILLEM A MEINTJES (Chief Financial Officer) purchased 3,400 shares for an estimated $265,302
SANDEEP BHARATHI (President, Data Center Group) purchased 3,400 shares for an estimated $265,302

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Marvell Technology Inc. Hedge Fund Activity

We have seen 692 institutional investors add shares of Marvell Technology Inc. stock to their portfolio, and 759 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 28,510,714 shares (-77.7%) from their portfolio in Q4 2025, for an estimated $2,422,840,475
FMR LLC added 5,072,372 shares (+4.2%) to their portfolio in Q4 2025, for an estimated $431,050,172
BROWN ADVISORY INC removed 4,923,761 shares (-42.0%) from their portfolio in Q4 2025, for an estimated $418,421,209
MILLENNIUM MANAGEMENT LLC added 4,671,036 shares (+573.9%) to their portfolio in Q4 2025, for an estimated $396,944,639
ASPEX MANAGEMENT (HK) LTD removed 4,195,561 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $352,720,813
FIL LTD removed 3,703,901 shares (-29.2%) from their portfolio in Q4 2025, for an estimated $314,757,506
LAZARD ASSET MANAGEMENT LLC removed 3,473,448 shares (-54.3%) from their portfolio in Q4 2025, for an estimated $295,173,611

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Marvell Technology Inc. Congressional Stock Trading

Members of Congress have traded $MRVL stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $MRVL stock by members of Congress over the last 6 months:

REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Marvell Technology Inc. Analyst Ratings

Wall Street analysts have issued reports on $MRVL in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Rosenblatt issued a "Buy" rating on 02/03/2026
RBC Capital issued a "Outperform" rating on 01/15/2026
Melius Research issued a "Buy" rating on 01/05/2026
Susquehanna issued a "Positive" rating on 11/25/2025
UBS issued a "Buy" rating on 11/24/2025
Oppenheimer issued a "Outperform" rating on 10/10/2025
Deutsche Bank issued a "Buy" rating on 09/25/2025

To track analyst ratings and price targets for Marvell Technology Inc., check out Quiver Quantitative's $MRVL forecast page.

Marvell Technology Inc. Price Targets

Multiple analysts have issued price targets for $MRVL recently. We have seen 25 analysts offer price targets for $MRVL in the last 6 months, with a median target of $120.0.

Here are some recent targets:

Mark Lipacis from Evercore ISI Group set a target price of $133.0 on 03/04/2026
Joseph Moore from Morgan Stanley set a target price of $95.0 on 03/02/2026
Timothy Arcuri from UBS set a target price of $120.0 on 02/23/2026
C.J. Muse from Cantor Fitzgerald set a target price of $100.0 on 02/17/2026
Kevin Cassidy from Rosenblatt set a target price of $115.0 on 02/03/2026
N. Quinn Bolton from Needham set a target price of $118.0 on 02/03/2026
Atif Malik from Citigroup set a target price of $113.0 on 02/03/2026