Marvell Technology Ranks 83rd in Trading Volume with $1.555 Billion as it Sells Automotive Ethernet Business for $2.5 Billion

On April 7, 2025, Marvell Technology (MRVL) saw a trading volume of $1.555 billion, ranking 83rd in the day's stock market activity. The stock price increased by 3.18%.

Marvell Technology has agreed to sell its Automotive Ethernet business to Infineon Technologies for $2.5 billion in cash. This strategic move is expected to close in 2025, pending regulatory approvals. The deal includes Marvell's semiconductor portfolio, which is forecasted to generate revenues between $225 million and $250 million in fiscal 2026. The transaction has been approved by Marvell's Board of Directors and is subject to customary closing conditions.

Analysts predict a significant upside for Marvell stock, with a potential over 118% growth from current levels. The company is rated as "Outperform" by major brokerage firms, signaling strong future prospects. The consensus among analysts places Marvell Technology at an average recommendation rating of 1.8, indicating an "Outperform" status. On the rating scale, 1 represents a Strong Buy, and 5 signifies a Sell, highlighting the company’s favorable outlook.