Ranjit Thomas

Marvell’s Price Target Looks Achievable

Well, as long as you look at non-GAAP EPS and ignore a humongous amount of stock comp, anything is possible. If you were to follow a fundamental investing point of view, you would come to realize that MRVL can barely do $0.50 of GAAP EPS a year. So, maybe a $10 stock price would be appropriate?