Marvell Technology Group Ltd. (MRVL) stock has gained 117.42% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives MRVL stock a score of 72 out of a possible 100.
That rank is mainly influenced by a short-term technical score of 95. MRVL's rank also includes a fundamental score of 66. In addition to the average rating from Wall Street analysts, MRVL stock has a mean target price of 52.812. This means analysts expect the stock to increase 14.04% over the next 12 months. The long-term technical score for MRVL is 55.
What's Happening with MRVL Stock Today
Marvell Technology Group Ltd. (MRVL) stock is down -3.18% while the S&P 500 has fallen -0.34% as of 1:44 PM on Wednesday, Mar 3. MRVL has fallen -$1.52 from the previous closing price of $47.83 on volume of 7,960,261 shares. Over the past year the S&P 500 has risen 28.42% while MRVL has gained 117.42%. MRVL earned $2.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.18.
Click Here to get the full Stock Score Report on Marvell Technology Group Ltd. (MRVL) Stock.
