1. MRVL to report Q4 earnings on March 5, expected 59 cents per share. 2. Revenue forecasted at $1.80 billion, up from $1.43 billion last year. 3. Keybanc analyst raised MRVL's price target from $125 to $135. 4. MRVL offers a 0.28% annual dividend yield, quarterly dividend of 6 cents. 5. Shares rose 2.9% to close at $88.33 ahead of earnings report.
Positive earnings expectations and a price target increase could drive MRVL's stock up. Historical trends show that strong earnings typically lead to higher stock prices, especially when analysts are upbeat.
Market expectations and analyst upgrades highlight MRVL as a stock to watch, influencing investor behavior. Increased earnings and revenue forecasts are directly tied to stock performance.
The earnings report is imminent and may lead to immediate trading reactions. Quick shifts in stock prices often occur following earnings announcements.