Marvell Technology Group Ltd. (NASDAQ:MRVL) persists its position slightly strong in context of buying side, while shares price shows upbeat performance moved up 3.54% during latest trading session. Finally to see some strong financial remarks by WSJ over MRVL performance. Out of the pool of analysts 9 gave their BUY ratings on the stock in previous month as 9 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.
The next year first quarter EPS estimates trend for current period shows $0.21 while one month ago this estimate trend was for $0.17. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.16 and for the one month was for $0.58 as compared to three months ago was for $0.58. MRVL received highest price target of 22 and low
18 Semiconductor Stocks to Buy With Fast Cloud Growth: Bank of America
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Automotive Ethernet Market to Surpass $9,885 1 Million Revenue by 2030: P&S Intelligence
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share:
According to a research report
“Time-sensitive Networking Market with COVID-19 Impact Analysis by Component (Switches, Hubs, Routers, and Gateways, Connectors, Communication Interfaces, Controllers and Processors, Memory), Applications, and Geography – Global Forecast to 2026”, published by MarketsandMarkets™, the Time-Sensitive Networking Market size is projected to reach USD 1,188 million by 2026 from an estimated USD 134 million in 2021, at a CAGR of 54.7% from 2021 to 2026.
Growing adoption of industrial automation in manufacturing industries, rising demand for deterministic Ethernet for real-time applications, and challenging multiple controller applications are among the factors driving the growth of the TSN market.
By component, the switches segment held a major share of the TSN market in 2020, and a similar trend is likely to be observed during the forecast period.