Marvell Technology Future Growth

Future criteria checks 4/6

Marvell Technology is forecast to grow earnings and revenue by 56.5% and 13.2% per annum respectively. EPS is expected to grow by 55.6% per annum. Return on equity is forecast to be 13.9% in 3 years.

Key information

56.5%

Earnings growth rate

55.6%

EPS growth rate

Semiconductor earnings growth	24.2%
Revenue growth rate	13.2%
Future return on equity	13.9%
Analyst coverage	Good
Last updated	19 Apr 2024

Recent future growth updates

Recent updates

Marvell Technology, Inc.'s (NASDAQ:MRVL) Intrinsic Value Is Potentially 25% Below Its Share Price

Feb 21

Revenues Not Telling The Story For Marvell Technology, Inc. (NASDAQ:MRVL)

Feb 06

Marvell Technology: AI Show-Me Story, Shares Near Fair Value, Downgrading To Hold

Jan 21

At US$60.31, Is It Time To Put Marvell Technology, Inc. (NASDAQ:MRVL) On Your Watch List?

Jan 01

Calculating The Fair Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

Nov 23

Does Marvell Technology (NASDAQ:MRVL) Have A Healthy Balance Sheet?

Oct 23

When Should You Buy Marvell Technology, Inc. (NASDAQ:MRVL)?

Sep 22

Calculating The Intrinsic Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

Aug 15

Is Marvell Technology (NASDAQ:MRVL) Using Too Much Debt?

Jul 09

Is It Too Late To Consider Buying Marvell Technology, Inc. (NASDAQ:MRVL)?

Jun 24

Estimating The Fair Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

May 07

Is Now An Opportune Moment To Examine Marvell Technology, Inc. (NASDAQ:MRVL)?

Mar 18

Does Marvell Technology (NASDAQ:MRVL) Have A Healthy Balance Sheet?

Feb 13

Calculating The Fair Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

Jan 26

What Does Marvell Technology, Inc.'s (NASDAQ:MRVL) Share Price Indicate?

Nov 25

Is Marvell Technology (NASDAQ:MRVL) A Risky Investment?

Nov 07

Earnings and Revenue Growth Forecasts

NasdaqGS:MRVL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	8,442	1,286	2,883	3,083	13
1/31/2026	7,047	460	2,238	2,301	29
1/31/2025	5,322	-419	1,299	1,569	29
2/3/2024	5,508	-933	1,020	1,371	N/A
10/28/2023	5,500	-556	851	1,175	N/A
7/29/2023	5,618	-378	766	1,083	N/A
4/29/2023	5,794	-167	1,021	1,302	N/A
1/28/2023	5,920	-163	1,072	1,289	N/A
10/29/2022	5,844	-142	1,075	1,284	N/A
7/30/2022	5,518	-218	897	1,137	N/A
4/30/2022	5,077	-498	827	1,028	N/A
1/29/2022	4,462	-421	632	819	N/A
10/30/2021	3,917	-411	469	631	N/A
7/31/2021	3,456	-371	504	624	N/A
5/1/2021	3,108	-252	523	628	N/A
1/30/2021	2,969	-277	698	817	N/A
10/31/2020	2,889	1,479	596	715	N/A
8/1/2020	2,801	1,419	420	523	N/A
5/2/2020	2,730	1,520	265	370	N/A
2/1/2020	2,699	1,584	274	360	N/A
11/2/2019	2,726	-449	317	411	N/A
8/3/2019	2,915	-420	549	645	N/A
5/4/2019	2,924	-356	540	634	N/A
2/2/2019	2,866	-179	509	597	N/A
11/3/2018	2,736	130	537	610	N/A
8/4/2018	2,502	333	462	527	N/A
5/5/2018	2,441	462	517	566	N/A
2/3/2018	2,409	433	526	571	N/A
10/28/2017	2,360	321	N/A	570	N/A
7/29/2017	2,367	255	N/A	475	N/A
4/29/2017	2,360	182	N/A	434	N/A
1/28/2017	2,301	75	N/A	-358	N/A
10/29/2016	2,274	185	N/A	-424	N/A
7/30/2016	2,325	44	N/A	-479	N/A
4/30/2016	2,439	-791	N/A	-512	N/A
1/30/2016	2,602	-738	N/A	205	N/A
10/31/2015	2,967	-734	N/A	307	N/A
8/1/2015	3,222	-561	N/A	422	N/A
5/2/2015	3,473	350	N/A	553	N/A
1/31/2015	3,637	484	N/A	729	N/A
11/1/2014	3,781	451	N/A	674	N/A
8/2/2014	3,782	439	N/A	670	N/A
5/3/2014	3,628	362	N/A	599	N/A
2/1/2014	3,404	315	N/A	448	N/A
11/2/2013	3,248	268	N/A	552	N/A
8/3/2013	3,098	234	N/A	512	N/A
5/4/2013	3,107	265	N/A	614	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRVL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: MRVL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MRVL is expected to become profitable in the next 3 years.

Revenue vs Market: MRVL's revenue (13.2% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: MRVL's revenue (13.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MRVL's Return on Equity is forecast to be low in 3 years time (13.9%).

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Marvell Technology Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 19% to US$87.34

Marvell Technology, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

Marvell Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Marvell Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2024

Price target increased by 15% to US$65.86

Marvell Technology, Inc. Provides Earnings Guidance for the Second Quarter Ending July 29, 2023

Recent updates

President recently sold US$1.7m worth of stock

President notifies of intention to sell stock

Now 20% overvalued after recent price rise

When Should You Buy Marvell Technology, Inc. (NASDAQ:MRVL)?

Marvell Technology: Potential Upcycle Coming Ahead In FY 2026

Marvell Technology: Favorable Setup For A Turnaround

Upcoming dividend of US$0.06 per share

Marvell Technology (NASDAQ:MRVL) Is Carrying A Fair Bit Of Debt

Now 24% overvalued after recent price rise

Marvell Extends 1.6T Connectivity Leadership With Industry's First PAM4 Optical DSP Integrating 200 Gbps Electrical and Optical Interfaces

Fourth quarter dividend of US$0.06 announced

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on May 1, 2024

Marvell's Tug Of War; AI Wins

Price target increased by 19% to US$87.34

Marvell Technology, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

Marvell: Capitalizing On The Data Center Boom [Downgrade]

Marvell Open Sources Octeon 10 Ml/AI Accelerator Software to Optimize 5G Ran Networks

Marvell Technology, Inc.'s (NASDAQ:MRVL) Intrinsic Value Is Potentially 25% Below Its Share Price

President notifies of intention to sell stock

Marvell Technology, Inc. to Report Q4, 2024 Results on Mar 07, 2024

Revenues Not Telling The Story For Marvell Technology, Inc. (NASDAQ:MRVL)

Marvell Extends Connectivity Leadership for Accelerated Infrastructure with 200G/Lane Partner Demonstrations at DesignCon

Marvell Technology: AI Show-Me Story, Shares Near Fair Value, Downgrading To Hold

Independent Director notifies of intention to sell stock

At US$60.31, Is It Time To Put Marvell Technology, Inc. (NASDAQ:MRVL) On Your Watch List?

Upcoming dividend of US$0.06 per share at 0.4% yield

Independent Director notifies of intention to sell stock

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on January 31, 2024

Marvell Technology, Inc. Announces Two New Marvell OCTEON 10 Processors Bring Server-Class Performance to Networking Devices

Marvell Technology, Inc. Extends Connectivity Leadership for Accelerated Computing With Two Cloud-Optimized PAM4 Optical DSPs

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Marvell Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Calculating The Fair Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

President notifies of intention to sell stock

Marvell Technology, Inc. to Report Q3, 2024 Results on Nov 30, 2023

Does Marvell Technology (NASDAQ:MRVL) Have A Healthy Balance Sheet?

President notifies of intention to sell stock

Marvell Technology, Inc. to Showcase High-Speed Connectivity Solutions for the AI Era At ECOC 2023

Upcoming dividend of US$0.06 per share at 0.5% yield

When Should You Buy Marvell Technology, Inc. (NASDAQ:MRVL)?

Marvell Technology, Inc. Declares Quarterly Dividend Payment, Payable on October 25, 2023

President notifies of intention to sell stock

Second quarter 2024 earnings: EPS misses analyst expectations

Marvell Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2024

Marvell Technology, Inc. Announces Orion, First 800 Gbps Coherent Digital Signal Processor for Pluggable Modules

Marvell Technology, Inc. Introduces Industry's First 5nm Multi-Gigabit PHY Platform

President notifies of intention to sell stock

Calculating The Intrinsic Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

Marvell Technology, Inc. to Report Q2, 2024 Results on Aug 24, 2023

President notifies of intention to sell stock

Is Marvell Technology (NASDAQ:MRVL) Using Too Much Debt?

Upcoming dividend of US$0.06 per share at 0.4% yield

President notifies of intention to sell stock

Is It Too Late To Consider Buying Marvell Technology, Inc. (NASDAQ:MRVL)?

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on July 26, 2023

Marvell Technology, Inc. Delivers Industry's Highest Capacity Central Automotive Ethernet Switches for In-Vehicle Networks

Independent Director recently sold US$5.4m worth of stock

Insider notifies of intention to sell stock

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 15% to US$65.86

Marvell Technology, Inc. Provides Earnings Guidance for the Second Quarter Ending July 29, 2023

Estimating The Fair Value Of Marvell Technology, Inc. (NASDAQ:MRVL)

Marvell Technology, Inc. Announces Changes to Its Board of Directors

Marvell Technology, Inc., Annual General Meeting, Jun 16, 2023

President exercised options and sold US$7.9m worth of stock

Upcoming dividend of US$0.06 per share at 0.6% yield

Is Now An Opportune Moment To Examine Marvell Technology, Inc. (NASDAQ:MRVL)?

Price target decreased by 7.2% to US$56.86

Full year 2023 earnings: EPS misses analyst expectations