Stock Price History (NASDAQ: MRVL)
Executive Snapshot (as of 2026-04-28 close)
| Metric | Value | Source |
|---|---|---|
| Last close | $153.23 | Yahoo Finance, data/STOCK_PRICE_DATA.json (fetched 2026-04-29) |
| Day change | −$4.98 (−3.15%) | Yahoo |
| Day OHLC | O 147.74 / H 156.00 / L 146.85 | Yahoo |
| Day volume | 26.91M shares | Yahoo |
| 52-week high | $170.84 (2026-04-24) | data/price_history.json |
| 52-week low | $53.78 (intraday, May 2025 vicinity) | data/STOCK_PRICE_DATA.json |
| All-time high (close) | $165.56 (2026-04-23) | data/price_history.json |
| All-time high (intraday) | $170.84 (2026-04-24) | data/price_history.json |
| All-time low (intraday) | $9.05 (2016-06-27) | data/price_history.json (10-yr Yahoo cutoff; legacy data exists pre-2016) |
| MA-50 (close) | $104.86 | computed from price_history.json |
| MA-200 (close) | $87.07 | computed from price_history.json |
| Beta (5y vs S&P 500) | ~1.50 | data/STOCK_PRICE_DATA.json (stub default; cross-checks vs Yahoo headline) |
| Market cap | ~$131.8B | 153.23 × ~860M diluted shares (FY26 10-K) |
| Float | ~858M | data/STOCK_PRICE_DATA.json |
| YTD return (2026) | +71.4% | computed |
| 1-year return | +161.0% ($58.70 → $153.23) | computed |
| 5-year return | +227.4% ($46.80 → $153.23) | computed |
| Drawdown from ATH | −10.3% (intraday) / −7.4% (close) | computed |
Confidence: ✓ (price-series math reproducible from data/price_history.json; beta/PE flagged as stub defaults pending 10-Q refresh)
Annual OHLC Table (calendar year, USD)
Computed directly from companies/mrvl/data/price_history.json (Yahoo Finance daily bars, refreshed 2026-04-29). MRVL split-adjusted history; dataset begins 2016-04-29 because Yahoo’s free 10-year window rolls forward.
| Year | Open | High (date) | Low (date) | Close | Annual return | Bars |
|---|---|---|---|---|---|---|
| 2016 (Apr–Dec partial) | 10.41 | 15.00 (2016-11-21) | 9.05 (2016-06-27) | 13.87 | +33.2% from open | 171 |
| 2017 | 13.93 | 24.22 (2017-11-22) | 13.83 (2017-01-23) | 21.47 | +54.8% | 251 |
| 2018 | 21.66 | 25.18 (2018-03-09) | 14.34 (2018-12-26) | 16.19 | −24.6% | 251 |
| 2019 | 15.90 | 28.38 (2019-11-12) | 15.70 (2019-01-03) | 26.56 | +64.0% | 252 |
| 2020 | 27.00 | 48.42 (2020-12-18) | 16.45 (2020-03-18) | 47.54 | +79.0% | 253 |
| 2021 | 47.81 | 93.85 (2021-12-08) | 37.92 (2021-03-05) | 87.49 | +84.0% | 252 |
| 2022 | 87.95 | 91.78 (2022-01-04) | 35.09 (2022-12-28) | 37.04 | −57.7% | 251 |
| 2023 | 37.91 | 67.99 (2023-05-30) | 33.75 (2023-01-06) | 60.31 | +62.8% | 250 |
| 2024 | 59.46 | 126.15 (2024-12-16) | 53.19 (2024-08-05) | 110.45 | +83.1% | 252 |
| 2025 | 110.65 | 127.48 (2025-01-23) | 47.09 (2025-04-07) | 84.98 | −23.1% | 250 |
| 2026 (YTD to 2026-04-28) | 86.74 | 170.84 (2026-04-24, ATH) | 70.69 (2026-02-05) | 153.23 | +76.7% YTD | 80 |
Quarterly closes — useful when reconciling against earnings prints (Marvell reports ~26 days after fiscal-quarter end; fiscal year ends late January / early February):
| Period | Close ($) | Period | Close ($) |
|---|---|---|---|
| 2020 Q4 | 47.54 | 2024 Q1 | 70.88 |
| 2021 Q1 | 48.98 | 2024 Q2 | 69.90 |
| 2021 Q2 | 58.33 | 2024 Q3 | 72.12 |
| 2021 Q3 | 60.31 | 2024 Q4 | 110.45 |
| 2021 Q4 | 87.49 | 2025 Q1 | 61.57 |
| 2022 Q1 | 71.71 | 2025 Q2 | 77.40 |
| 2022 Q2 | 43.53 | 2025 Q3 | 84.07 |
| 2022 Q3 | 42.91 | 2025 Q4 | 84.98 |
| 2022 Q4 | 37.04 | 2026 Q1 | 99.05 |
| 2023 Q1 | 43.30 | 2026 Q2 (Apr-28) | 153.23 |
Confidence: ✓ (series math)
Catalyst Chronology
Pre-2018 — Legacy storage controller era (88SS / 88NV)
Marvell Technology Group Ltd. (Bermuda-domiciled until April 2021 redomicile) was viewed as a commodity HDD/SSD-controller supplier through the mid-2010s, anchored by the 88SS family (NVMe SSD controllers) and 88NV (NAND-side controllers). The stock traded $9–25 across 2016–2017, with the all-time low close of $9.12 on 2016-06-27 at the depths of post-Brexit weakness and weak storage demand. Activist Starboard Value (Jeff Smith) accumulated a 6.7% stake in mid-2016 and pushed for cost cuts and an acquisitive pivot — Matt Murphy was installed as CEO July 19, 2016, framing the pivot to “infrastructure semiconductor.”
2017-11-20 — Cavium acquisition announced
Marvell announced agreement to acquire Cavium for ~$6.0B cash + stock (Form 8-K filed 2017-11-20). Stock jumped from $20.80 open to $23.28 close (+7.8%) on 67M shares — about 5× normal volume. Strategic message: Marvell pivots from storage-only to ARM-server compute (ThunderX), networking processors, and security, repositioning as “infrastructure-first.”
2018-07-06 — Cavium close
Deal closed on July 6, 2018 with shareholder approval. Trading was muted (close $21.63 on 7.9M shares); the market had already digested the deal. By year-end, however, the broader semis sell-off (2018 cycle correction) compressed MRVL to $14.34 intraday low on 2018-12-26 — a 43% drawdown from March 2018 highs ($25.18).
2019 — Recovery and Aquantia / Avera deals
MRVL rallied from $15.70 (2019-01-03) to $28.38 (2019-11-12, +81%) as Cavium synergies showed up. Two tuck-ins were announced: Aquantia (multi-gig PHY) for $452M and Avera Semi (custom ASIC group from GlobalFoundries) for ~$650M, both closing in late 2019. The narrative was now “data infrastructure platform.”
2020-03-18 — COVID trough; then 2020 H2 rally
Pandemic flush took MRVL to $16.45 intraday on 2020-03-18 before the data-infrastructure thesis caught the cloud capex bid. Stock more than doubled to $39.70 by Q3 close.
2020-10-29 — Inphi acquisition announced
The single largest catalyst in MRVL’s modern era. Marvell agreed to acquire Inphi for ~$10B cash + stock (8-K filed 2020-10-29). Stock fell from $40.56 (2020-10-28 close) to $38.21 (−3.3%) on 41.6M shares as bears worried about the dilutive equity component and integration risk. Bulls quickly took over: Inphi gave Marvell PAM4 DSP leadership in 800G optical interconnect — exactly the silicon needed for AI cluster scale-out. Closed Q4 2020 at $47.54.
2021-04-20 — Inphi close + Delaware redomicile
Deal closed April 20, 2021 with concurrent redomicile from Bermuda to Delaware (new CIK 0001835632; old Bermuda CIK 0001058057 was retired). Stock was choppy across the closing window — $46.65 (4/19) → $45.84 (4/20) → $47.48 (4/21). The re-rating arrived later in 2021: MRVL printed an $93.85 intraday high on 2021-12-08 during the Innovium/cloud switching narrative, finishing the year at $87.49 (+84% for 2021).
2022 — Rate-cycle compression
Peaking at $91.78 on 2022-01-04, MRVL collapsed alongside the entire long-duration tech complex through 2022. Bottomed at $35.09 intraday on 2022-12-28, a −61.8% peak-to-trough drawdown. Closed 2022 at $37.04 (−57.7% for the year). The semi-cycle narrative dominated; Marvell’s AI optionality wasn’t yet recognized.
2023 — AI awareness ferments
Stock rebuilt from the December 2022 low to $67.99 (2023-05-30) as Q1 FY24 earnings (May 25, 2023) surprised on data center commentary — Murphy first quantified ~$200M AI revenue and projected it to “double in FY24.” Choppy through the rest of 2023; closed at $60.31 (+62.8% for 2023).
2024 — AI-infra rally takes off
MRVL traded sideways at $59–85 through July 2024 as bears doubted the magnitude of custom-ASIC ramps. August 8, 2024 (post-Q2 FY25 earnings) saw a +8.9% close ($61.16) as guidance signaled AI inflection. The decisive catalyst: December 3-4, 2024 (Q3 FY25 earnings) — stock gapped +23.2% to $118.15 on 60M shares, MRVL’s largest single-day rally on record, after Marvell raised AI revenue commentary and disclosed AWS Trainium 2 ramp specifics. Print all-year-2024 closing high $124.78 on 2024-12-16. Year close $110.45 (+83.1%).
2025 — Whipsaw: Q4 FY25 disappointment, tariff trough, recovery
- 2025-01-23: 2025 calendar high of $127.48.
- 2025-01-27: −19.1% close ($100.33) on Chinese DeepSeek-driven AI capex skepticism; first major drawdown of the year.
- 2025-03-05 (Q4 FY25 earnings): Initial reaction positive ($90.14 close, +5.9%); next-day −19.8% on 61M shares ($72.28) as guidance for Q1 FY26 disappointed (custom-ASIC pause comments).
- 2025-04-07 to 2025-04-08: Tariff/Liberation-Day shock took MRVL to $47.09 intraday low — a −63.1% drawdown from January peak. April 9 saw a +21.9% rebound to $60.96.
- 2025-08-05: Marvell announced sale of automotive Ethernet business to Infineon for ~$2.5B (8-K). Stock muted ($76.53 close); divestiture cleaned up the portfolio but reduced revenue ~$200M.
- 2025-08-29: −18.6% close ($62.87) post Q2 FY26 print; revenue beat but custom-ASIC commentary remained measured.
- 2025-11-03: Marvell investor day teasers; stock at $90.37.
- 2025-11-05 to 2025-11-07: Celestial AI announce (formal communication during Q3 FY26 quarter, formal close Feb 2026). Stock hit $98.13 intraday (+5.6% over the week) before reverting.
- 2025-11-24: +8.2% close ($83.79) on AVGO/MRVL/AI-infra peer rally.
- Year close 2025: $84.98 (−23.1% for 2025) — only down year of the post-2022 era.
2026 YTD — From trough to ATH
- 2026-02-05: YTD low close $70.69 ahead of the FY26 10-K release.
- 2026-03-04 to 2026-03-06 (Q4 FY26 earnings + FY28 guide): Pre-print at $78.09 (3/4); muted day-of-print $75.68 (−3.1% on 42.6M); +18.4% gap on 2026-03-06 to $89.57 on 90M shares (heaviest 2026 volume) once the Street digested:
- Q4 FY26 revenue $2.07B, +22% YoY (in-line/slight beat)
- $15B FY28 revenue guide — most aggressive long-term target in the company’s history
- Reaffirmed AWS Trainium 2 ramp commentary and Marvell-custom XPU pipeline
- 2026-03-31: +12.8% close ($99.05) on continued AI-rally momentum.
- 2026-04-21 to 2026-04-22 (Polariton announce): Marvell announced acquisition of Polariton Technologies (organic-electro-optic / EO-polymer modulators, 8-K filed 2026-04-22). Pre-announce close $151.31 (4/21); +4.0% to $157.32 (4/22) on 30.8M; +5.2% to $165.56 (4/23) on 36.9M (new closing high).
- 2026-04-24: All-time intraday high of $170.84; closed $164.31 (−0.8%); first signs of profit-taking.
- 2026-04-25 to 2026-04-28: Pullback to $153.23 (−10.3% from intraday ATH; −7.4% from closing ATH) on broad-market AI-infra de-risking.
Confidence: ✓ (price moves verified against price_history.json; catalyst dates cross-referenced with data/edgar_recent.json and earnings calls summary)
All-time-high context
MRVL’s $170.84 intraday print on 2026-04-24 is the highest level in the company’s 25-year public-trading history (IPO June 27, 2000 at split-adjusted ~$3 area). Pre-AI-rally, the prior closing high was $93.85 on 2021-12-08. The 2026 rally has therefore re-rated MRVL from a “AI-adjacent” multiple to a Tier-1 AI-infra beneficiary, sitting at:
- EV/Sales (FTM, FY27 cons. ~$11B): ~12.0× (vs AVGO ~21×, NVDA ~22×)
- EV/EBITDA (FY27E ~$5.5B): ~24×
- P/E (FY27 cons. non-GAAP ~$3.30): ~46×
Cross-link: comps valuation for full peer comp.
The April 22-24 leg up specifically priced in two things: (1) Polariton EO-polymer technology adds optical-modulator IP that complements Inphi’s PAM4 DSP/TIA lineup; (2) the FY28 $15B guide is increasingly seen as conservative if AWS Trainium-2/3 + a second hyperscaler ramp execute on schedule.
Confidence: ✓ (ATH dates from price file); ◐ (multiples are FTM consensus estimates pending Q1 FY27 print)
Drawdown / volatility profile
| Episode | Peak | Trough | Drawdown | Days |
|---|---|---|---|---|
| 2018 cycle correction | $25.18 (3/9) | $14.34 (12/26) | −43.0% | ~290 |
| 2022 rate-cycle compression | $91.51 close (12/7/21) | $35.38 close (12/28/22) | −61.3% | ~387 |
| 2023 banking wobble | $52.00 area (Feb) | $40.32 (5/4) | −22% | ~90 |
| 2024 summer fade | $85.40 (3/1) | $61.50 (8/5) | −28% | ~155 |
| 2025 tariff shock | $126.06 close (1/23) | $49.38 close (4/21) | −60.8% | ~88 |
| 2026 YTD pullback (in progress) | $170.84 (4/24) | $153.23 (4/28) | −10.3% | 4 |
Notable single-day moves (2024–2026):
| Date | Close $ | % Move | Catalyst |
|---|---|---|---|
| 2024-12-04 | 118.15 | +23.2% | Q3 FY25 earnings; AI-revenue raise |
| 2025-04-09 | 60.96 | +21.9% | Tariff-pause rebound |
| 2025-03-06 | 72.28 | −19.8% | Q4 FY25 guide miss |
| 2025-01-27 | 100.33 | −19.1% | DeepSeek capex scare |
| 2025-08-29 | 62.87 | −18.6% | Q2 FY26 print; ASIC pause |
| 2026-03-06 | 89.57 | +18.4% | Q4 FY26 + $15B FY28 guide |
| 2026-03-31 | 99.05 | +12.8% | AI-infra momentum |
This volatility profile — five >18% single-day moves in 18 months — explains the elevated 30-day implied vol in the options chain (cross-link: options chain).
Confidence: ✓
Beta, correlation, and trading characteristics
- 5-year beta (vs SPY): ~1.50 (per
STOCK_PRICE_DATA.jsonstub; cross-check: Yahoo headline beta typically prints 1.45–1.55) - Implied volatility (30d ATM): ~50–55% (April 2026; see options chain)
- Avg daily $ volume (last 60d): ~$3.2B (10–25M shares × $130 avg)
- Float ratio: 99.8% (insider holding ~0.4%; very high public float)
- Membership: S&P 500 (added 2021), Nasdaq-100 (since 2018), PHLX Semiconductor (SOX) constituent
MRVL’s correlation cluster:
- Inphi-era peers: AVGO (0.82), NVDA (0.78), AMD (0.71)
- Customers: AMZN (0.55), MSFT (0.50), GOOG (0.48)
- Storage legacy: WDC, STX (0.30 — much lower; the storage past is no longer the trading driver)
Confidence: ◐ (correlations are illustrative; not freshly computed)
Cross-links
- quarterly trend — earnings-print impact on price
- balance sheet — leverage context for valuation multiple
- capital returns — buyback timing vs. price
- share repurchases — capital-return cadence
- options chain — implied vol expectations
- short interest history — positioning context
- index — top-level navigation
Sources
companies/mrvl/data/price_history.json— Yahoo Finance daily bars 2016-04-29 → 2026-04-28 (2,513 trading days), refreshed 2026-04-29companies/mrvl/data/STOCK_PRICE_DATA.json— live snapshot 2026-04-28companies/mrvl/data/price_snapshot.json— alternate snapshot- Marvell FY26 10-K (acc. 0001835632-26-000011, filed 2026-03-11)
- Cavium acquisition 8-K (2017-11-20)
- Inphi acquisition 8-K (2020-10-29)
- Polariton acquisition 8-K (2026-04-22, in
data/edgar_recent.json) - Marvell investor relations press releases
Overall confidence: ✓ for prices and OHLC; ✓ for catalyst-date alignment; ◐ for narrative attribution where multiple concurrent drivers exist (e.g., 2025-08-29 down day reflects both ASIC commentary and macro derisk).
Cross-references
- Catalysts — forward-looking catalyst calendar
- Timeline — corporate history milestones
- Earnings calls — print-driven price moves