Would You Still Hold Marvell Technology Stock If It Fell Another 30%?

MRVL: Marvell Technology logo
MRVL
Marvell Technology

Marvell Technology (MRVL) stock is down 10.5% in 5 trading days. The recent slide reflects renewed concerns around AI chip valuation and persistent softness in non-data center segments, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?

Before judging its downturn reslience, let’s look at where Marvell Technology stands today.

  • Size: Marvell Technology is a $72 Bil company with $7.2 Bil in revenue currently trading at $83.45.
  • Fundamentals: Last 12 month revenue growth of 37.1% and operating margin of 6.0%.
  • Liquidity: Has Debt to Equity ratio of 0.07 and Cash to Assets ratio of 0.06
  • Valuation: Marvell Technology stock is currently trading at P/E multiple of -696.2 and P/EBIT multiple of 700.9
  • Has returned (median) 32.7% within a year following sharp dips since 2010. See MRVL Dip Buy Analysis.

These metrics point to a Strong operational performance, alongside Very High valuation – making the stock Relatively Expensive. For details, see Buy or Sell MRVL Stock

That brings us to the key consideration for investors worried about this fall: how resilient is MRVL stock if markets turn south? This is where our downturn resilience framework comes in. Suppose MRVL stock falls another 20-30% to $58 – can investors comfortably hold on? Turns out, the stock has fared worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.

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2022 Inflation Shock

  • MRVL stock fell 62.1% from a high of $91.51 on 7 December 2021 to $34.68 on 5 January 2023 vs. a peak-to-trough decline of 25.4% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 7 November 2024
  • Since then, the stock increased to a high of $126.06 on 23 January 2025 , and currently trades at $83.45

  MRVL S&P 500
% Change from Pre-Recession Peak -62.1% -25.4%
Time to Full Recovery 672 days 464 days

 
2020 Covid Pandemic

  • MRVL stock fell 39.5% from a high of $28.49 on 17 January 2020 to $17.25 on 18 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 20 May 2020

  MRVL S&P 500
% Change from Pre-Recession Peak -39.5% -33.9%
Time to Full Recovery 63 days 148 days

 
2018 Correction

  • MRVL stock fell 40.9% from a high of $24.37 on 12 March 2018 to $14.41 on 24 December 2018 vs. a peak-to-trough decline of 19.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 17 April 2019

  MRVL S&P 500
% Change from Pre-Recession Peak -40.9% -19.8%
Time to Full Recovery 114 days 120 days

 
2008 Global Financial Crisis

  • MRVL stock fell 77.1% from a high of $20.88 on 10 January 2007 to $4.78 on 20 November 2008 vs. a peak-to-trough decline of 56.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 4 January 2010

  MRVL S&P 500
% Change from Pre-Recession Peak -77.1% -56.8%
Time to Full Recovery 410 days 1480 days

 
Feeling jittery about MRVL stock? Consider portfolio approach.

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