Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 0.6% Yield

Marvell (MRVL) PT Raised to $49 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Marvell (NASDAQ: MRVL) to $49.00 (from $46.00) while maintaining a Neutral rating.... More

Pre-Open Stock Movers 03/04: (SVBI) (SKT) (BURL) Higher; (SDGR) (YEXT) (VRM) Lower (more...)

Pre-Open Stock Movers

Schrodinger Inc. (NASDAQ: SDGR) 28.1% HIGHER; reported Q4 revenue for the quarter came in at $33 million versus the consensus estimate of $37.87 million. Schrodinger Inc. sees FY2021 revenue of $124-142 million, versus the consensus of $177.25 million.

Severn Bancorp, Inc. (NASDAQ: SVBI) 27.5% HIGHER; Shore Bancshares, Inc. (NASDAQ: SHBI), the holding company of Shore United Bank, and Severn Bancorp, Inc. (NASDAQ: SVBI), the holding... More

Marvell (MRVL) PT Raised to $52 at Craig-Hallum

Craig-Hallum analyst Christian Schwab raised the price target on Marvell (NASDAQ: MRVL) to $52.00 (from $48.00) while maintaining a Buy rating.... More

Marvell (MRVL) PT Lowered to $50 at Piper Sandler

Piper Sandler analyst Harsh Kumar lowered the price target on Marvell (NASDAQ: MRVL) to $50.00 (from $60.00) while maintaining a Overweight rating.... More

Susquehanna Exlains Why Marvell (MRVL) Is Down After Beating

Susquehanna analyst Christopher Rolland reiterated a Positive rating and $60.00 price target on Marvell (NASDAQ: MRVL) after the company announced solid results and guidance, but below the high expectations set by some big performing semis. Investors may have also been disappointed by revenue composition,... More

Marvell (MRVL) PT Lowered to $52 at UBS Despite Guidaing Ahead of Consensus

UBS analyst Timothy Arcuri lowered the price target on Marvell (NASDAQ: MRVL) to $52.00 (from $53.00) after guidance exceeded sell-side estimates but is likely to be viewed as slightly disappointing given the strength of comparable reports.

The analyst maintained a Buy rating, stating "The... More

After-Hours Stock Movers 03/03: (BXC) (SPLK) (FUBO) Higher; (YEXT) (VRM) (OKTA) Lower (more...)

After-Hours Stock Movers

Yext, Inc. (NYSE: YEXT) 15% LOWER; reported Q4 EPS of $0.00, $0.08 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $92.2 million versus the consensus estimate of $89.09 million. Yext, Inc. sees Q1 2022 EPS of ($0.07)-($0.05), versus the consensus of ($0.06). Yext, Inc. sees Q1 2022 revenue of $87-89 million, versus the consensus of $95.02 million. Yext, Inc. sees FY2022 EPS of ($0.27)-($0.22), versus the consensus of ($0.27). Yext, Inc. sees FY2022 revenue of $375-380 million, versus the consensus of $351.64 million.

Vroom (NASDAQ:... More

Marvell Technology (MRVL) Reports In-Line Q4 EPS, Offers Q1 Guidance

Marvell Technology (NASDAQ: MRVL) reported Q4 EPS of $0.29, in-line with the analyst estimate of $0.29. Revenue for the quarter came in at $798 million versus the consensus estimate of $794.3 million.

GUIDANCE:

Marvell Technology sees Q1 2021 EPS of $0.23-$0.31, versus the consensus of $0.27.... More