Track market-moving stories before they get noisy

Investors in Marvell Technology (MRVL -7.21%) have seen quite the volatility over the past few months. It is currently trending downward and it's is off about 34% from its all-time high, at the time of this writing. However, its current price exceeds where the stock was at the end of May, so this sell-off isn't giving up that many weeks of performance.

The question now is whether Marvell is a smart buy on the dip or if there are better options out there. Let's see if this makes it a buy now, or if investors would be better off sticking with other artificial intelligence (AI) picks.

Image source: The Motley Fool.

Marvell has a bright future, but is it enough? Marvell has two primary business units that investors are fixated on. First is its networking equipment, which helps direct the flow of information around a data center. The second is its custom AI chips, which are designed around workloads that the clients ordering them are seeing. If that sounds like a familiar business analysis, that's because it's similar to Broadcom, which has basically the same business model (with some other offerings as well). That makes it a perfect comparison for Marvell stock.

Today's Change

(

-7.21

%) $

-15.09

Current Price

$

194.23

Marvell's custom AI chip customers include Microsoft and Amazon, two heavyweights in the cloud computing world. On the flip side, Broadcom claims Alphabet, Meta Platforms, OpenAI, and Anthropic as clients. While the names of these clients are comparable, Broadcom's clients have been more aggressive in ordering custom AI chips, leading to great revenue.

This shows up in projections -- Marvell's aren't nearly as aggressive as Broadcom's. Wall Street analysts expect 41% revenue growth this fiscal year, and 45% next year, with next year's overall revenue totaling $16.7 billion. Analysts expect 66% growth this year and 63% next year for Broadcom, with its revenue reaching $172 billion. That's a major size and performance advantage for Broadcom, yet its stock is valued far lower.

AVGO PE Ratio (Forward); data by YCharts; PE = price to earnings.

So, with Broadcom having much higher expectations, yet trading at a far cheaper price tag, I think investors should be less focused on Marvell Technology and more focused on Broadcom. It's the better stock pick in terms of client base, outlook, and valuation, and easily makes for the better investment.

While Marvell Technology is still a great company and may turn out to be a strong performer, I think it has a long way to go before being comparable to Broadcom.

Keithen Drury has positions in Alphabet, Amazon, Broadcom, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Broadcom, Marvell Technology, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.

6.97K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I have downside protection in the form of long-dated QQQM puts.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Posted by Defense World Staff on Jul 24th, 2026

Assetmark Inc. lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 13.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,115 shares of the semiconductor company’s stock after selling 3,909 shares during the quarter. Assetmark Inc.’s holdings in Marvell Technology were worth $2,389,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MRVL. Laurel Wealth Advisors LLC acquired a new position in shares of Marvell Technology during the 4th quarter worth approximately $25,000. Jessup Wealth Management Inc acquired a new stake in Marvell Technology during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC increased its position in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology in the fourth quarter worth $26,000. Finally, MidFirst Bank purchased a new stake in shares of Marvell Technology in the fourth quarter valued at $28,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Key Marvell Technology News Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Several pieces argue Marvell remains a key beneficiary of AI data center and networking spending, with analysts highlighting surging demand for AI connectivity chips and the long-term growth potential of AI infrastructure. Article: 4 Networking Semiconductor Stocks to Watch in August 2026 Positive Sentiment: Commentary on Marvell’s recent selloff suggests the market may be overreacting, with bullish takes pointing to accelerating AI bookings, raised guidance, and the possibility that the stock’s decline has created a buying opportunity. Article: Wall Street is Bullish on Marvell. Here’s Our Price Target. Positive Sentiment: Multiple articles compare Marvell favorably as an AI infrastructure play, emphasizing that revenue trends and industry demand remain strong even if rivals like Nvidia are growing faster. Article: AI Infrastructure Will Mint More Millionaires Over the Next Decade: 3 Stocks to Buy Right Now Neutral Sentiment: Options-market coverage suggests traders are bracing for a larger move in MRVL, which adds to volatility expectations but does not clearly point to a directional catalyst. Article: What the Options Market Is Signaling About Marvell Technology Stock’s Next Big Swing Negative Sentiment: Some coverage highlights that Marvell’s revenue growth is still trailing Nvidia’s stronger upward trend in AI-related sales, which could temper enthusiasm versus faster-growing peers. Article: Marvell Technology vs. Nvidia: What Do the Revenue Trends of These Artificial Intelligence Companies Tell Investors? Analysts Set New Price Targets A number of analysts recently commented on the company. Wells Fargo & Company increased their price objective on Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Rosenblatt Securities restated a “buy” rating and issued a $240.00 target price on shares of Marvell Technology in a report on Friday, June 12th. Benchmark raised their price target on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Wednesday, June 24th. Finally, Bank of America upped their price objective on shares of Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $245.45.

Read Our Latest Stock Analysis on Marvell Technology

Insider Buying and Selling at Marvell Technology In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, the insider owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the sale, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is currently owned by company insiders.

Marvell Technology Stock Down 0.8% Shares of NASDAQ:MRVL opened at $209.32 on Friday. The stock’s 50-day moving average price is $243.07 and its two-hundred day moving average price is $152.87. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88. The firm has a market cap of $183.11 billion, a price-to-earnings ratio of 71.68, a PEG ratio of 1.32 and a beta of 2.20.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the company posted $0.62 EPS. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 8.22%.

About Marvell Technology (Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

Further Reading Five stocks we like better than Marvell Technology Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINETexas Instruments (NASDAQ:TXN) Price Target Raised to $340.00 at JPMorgan Chase & Co.

Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) and Marvell Technology (NASDAQ:MRVL) just posted results that frame the AI connectivity race in sharp relief.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

For value investors who don’t believe the AI bubble is bursting, starting with the semiconductor industry, some of the harder-hit names within the space might be worth a closer look. Undoubtedly, there’s more to dip-buying than simply going for the biggest (or close to it) dips in any given sell-off.

Either way, I do view shares of Marvell (NASDAQ:MRVL | MRVL Price Prediction) as enticing, especially since they’ve already shed just over 40% from peak to trough while the broader semiconductor industry fell a hair north of 20%, with the iShares Semiconductor ETF (NASDAQ:SOXX) just making it into a bear market.

Not to discount how painful bear markets can be, but whenever you have an industry-wide lift-off and doubling in under a year’s time, perhaps a brutal bear market is the kind of “correction” that you’d want to see. Whether it takes an AI bubble off the table entirely remains the big question, but either way, the relief rally enjoyed in recent sessions could go either way.

As a slate of big Magnificent Seven quarterly earnings results comes up, they could set the tone for the rest of the semi space, especially as hints of future spending get dropped. In my view, one thing that keeps getting CapEx from the big AI hyperscalers (and beyond) is custom silicon.

The custom silicon tailwind is still going strong Firms are taking command when it comes to their silicon futures, and I just don’t see that changing, especially when you consider the kinds of gross margins that the GPU makers, most notably Nvidia (NASDAQ:NVDA), have been generating in recent years.

That’s where the opportunity seems to lie in these early days of the AI race. And if Nvidia’s CEO Jensen Huang is right in that semiconductors could become the largest industry in the world, I do think that custom silicon ought to remain a top priority of tech firms that hope to win the AI race.

Undoubtedly, it’s expensive enough to stay competitive in the AI race, especially given the costs of hardware. For the firms looking to take control of their own silicon, though, I do see the economics getting better over time. Whether it’s hyperscaler custom silicon, AI labs getting into custom silicon, or software design firms getting in the game, it’s clear that the custom silicon tailwind might be one of the fiercest in all of the industry.

SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now.

For investors who view the latest semi drop as another window to buy, I think Marvell stands out as a name that could be in for the biggest recovery bounce. Indeed, high beta works both ways, with Marvell sporting a 2.20 beta and a fierce surge of 6.7% on Tuesday’s recovery session.

Of course, cyclicality applies across the broad semi scene and, in that regard, Marvell might not be deserving of a free pass if the semis move south. Whether the semis are in for a steeper correction from here (a 50% dip in the broader industry certainly isn’t off the table) or not, companies have the incentive to make the investments so that they don’t have to pay the so-called Nvidia tax forever.

The fast-growing CXL market is a driver With UBS recently shining light on the company’s CXL (Compute Express Link) business, citing a $4.5 billion total addressable market (TAM) by year-end, reaching as high as $10 billion by 2030, the firm views Marvell as a standout name worthy of a big price target upgrade. With a $340 target, which now implies a 64% gain, it certainly seems like Marvell is one of the more underestimated plays as the XPU continues moving at full speed.

Could CXL be the next big catalyst? Given the memory chip bottleneck and focus on greater efficiencies across AI, I do think UBS is spot on to raise the bar on Marvell shares, given the tailwind, which I think might still be underrated by investors, especially amid the latest industry-wide panic.

While Marvell won’t be a name for everyone, I do see it as having a unique and powerful slate of catalysts, which might just take the stock right back to new highs. With a capital-light model and all the essential tools needed for custom AI silicon, especially as inference takes off, Marvell remains a name that’s worth hanging in for the ride, at least according to most analysts.

Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts.

From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. 

Contact [email protected] for any questions or corrections.

© Zapp2Photo / Shutterstock.com

My brokerage app knows the Marvell ticker by heart. When a stock I have been accumulating drops 33.02% in a month and the underlying business keeps accelerating, the decision writes itself.

That is the single factor pulling me back to Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction): the market handed me a discount on an AI infrastructure semiconductor pure-play whose numbers still point the right direction. Shares closed at $207.96, well below the 52-week high of $329.80. Yet year to date the stock is up 145.07%, up 185.25% over one year, and up 1,811.10% over ten. This is a violent repricing inside a long uptrend, and I am adding to my cost basis at these prices.

The Data Behind My Conviction Marvell’s most recent quarter (Q1 FY2027) posted revenue of $2.418 billion, up 27.6% year over year and ahead of consensus. Data center revenue reached $1.833 billion, 76% of the total, up 27% year over year and 11% sequentially. Free cash flow more than doubled to $483.1 million, up 126.8%, while cash on the balance sheet climbed to $3.84 billion. Full fiscal 2026 revenue landed at $8.195 billion, up 42%, and the company repurchased $2.04 billion of stock during that year.

Management is guiding Q2 FY27 revenue to $2.7 billion, roughly 35% year-over-year growth, and CEO Matt Murphy said Marvell is “significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028” on “exceptional AI-related bookings.” He expects growth to accelerate each quarter through fiscal 2027. Trailing P/E sits at 65, while forward P/E drops to 47, indicating the earnings ramp is driving valuation.

Why Marvell Stands Out Every AI investor first reaches for mega-cap chip generalists. Marvell offers a concentrated bet on AI datacenter plumbing: custom XPU and XPU-attach silicon, plus 800G and 1.6T scale-out optics, 51.2T Ethernet scale-out switches, and scale-up NPO and CPO optical solutions. At a market cap of roughly $175 billion, every incremental hyperscaler design win moves the needle in a way it cannot at a generalist ten times the size. The Celestial AI and XConn acquisitions that closed in February 2026 add photonic fabric and chiplet connectivity directly to that thesis.

The Risk I Cannot Ignore With 76% of revenue from data center and a small group of hyperscalers driving most of that, customer concentration is the real risk. If a major customer moves silicon fully in-house, this thesis takes a hit. Q1 also included a $331.8 million contingent consideration charge that pushed GAAP net income down 80.6% year over year. That is acquisition-related accounting noise rather than operating deterioration, and the raised multi-year guidance tells me the bookings pipeline is deep enough to absorb any single customer’s platform decisions.

Why the Buy Button Stays Active Analyst consensus sits at a $253.69 target with 7 strong buy, 31 buy, 5 hold, and 1 strong sell ratings behind it. Marvell is compounding revenue in the high 20s heading toward the mid 30s, generating record cash, buying back stock, and sitting inside the fastest capex cycle of my investing life. The market decided it was too expensive. I decided it was on sale, and the buy button stays lit until the story changes.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marvell Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Posted by Defense World Staff on Jul 22nd, 2026

Baader Bank Aktiengesellschaft acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,197 shares of the semiconductor company’s stock, valued at approximately $515,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MRVL. Hilton Head Capital Partners LLC boosted its holdings in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new position in Marvell Technology in the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC bought a new stake in Marvell Technology in the fourth quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC bought a new stake in Marvell Technology in the fourth quarter valued at approximately $26,000. Finally, Pittenger & Anderson Inc. boosted its stake in shares of Marvell Technology by 61.5% during the first quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 120 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Trading Up 6.7% NASDAQ:MRVL opened at $207.96 on Wednesday. The firm has a market capitalization of $181.92 billion, a P/E ratio of 71.22, a PEG ratio of 1.28 and a beta of 2.20. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $329.88. The company’s 50-day simple moving average is $241.88 and its 200 day simple moving average is $151.14.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the prior year, the firm posted $0.62 earnings per share. The company’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio is 8.22%.

Trending Headlines about Marvell Technology Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Marvell is benefiting from renewed enthusiasm for AI infrastructure spending, which lifted semiconductor stocks across the market and helped chip names like MRVL rally. Marvell Stock Jumps As AI Infrastructure Spending Boom Powers Semiconductor Rally Positive Sentiment: Market coverage highlighted Marvell among the chip leaders powering a Nasdaq rebound, with investors buying back into memory and AI-related semiconductor stocks after recent weakness. Stock Market Today: Nasdaq Higher As Memory Chip Names Rally; Schwab Slides (Live Coverage) Positive Sentiment: Analysts and media pieces pointed to Marvell’s strong first-half performance and improving growth profile, reinforcing the view that the stock remains a key AI infrastructure play. Why Marvell Jumped 251% in the First Half of the Year Neutral Sentiment: Several commentary pieces noted that Marvell’s valuation has become a renewed topic of debate, suggesting the rally may face scrutiny if growth expectations cool. Marvell Technology (MRVL) Rises With AI Chip Rally As Valuation Questions Return Negative Sentiment: Some articles reminded investors that Marvell is still well below its recent highs, with caution that the stock’s earlier AI-driven surge may have outpaced fundamentals. Marvell Technology: The Stock Is Down 39% From Its High. Time to Buy the Dip? Analyst Ratings Changes A number of equities research analysts have issued reports on MRVL shares. KeyCorp raised their price target on shares of Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 target price on shares of Marvell Technology in a report on Thursday, May 28th. Oppenheimer raised their target price on Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. UBS Group boosted their price target on Marvell Technology from $230.00 to $340.00 and gave the company a “buy” rating in a report on Monday, June 29th. Finally, Scotiabank began coverage on Marvell Technology in a report on Tuesday, May 26th. They issued an “outperform” rating for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus target price of $245.45.

View Our Latest Stock Analysis on Marvell Technology

Insider Buying and Selling In related news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the transaction, the chief executive officer owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the sale, the chief operating officer directly owned 227,754 shares of the company’s stock, valued at approximately $64,208,407.68. The trade was a 4.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 45,981 shares of company stock valued at $9,835,542 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

About Marvell Technology (Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

Recommended Stories Five stocks we like better than Marvell Technology Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible

Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBaader Bank Aktiengesellschaft Acquires Shares of 15,013 U.S. Bancorp $USB

NEXT HEADLINE »iShares Core S&P 500 ETF $IVV is Acumen Wealth Advisors LLC’s Largest Position

Semiconductor stocks have skyrocketed this year, and Marvell Technologies (MRVL +6.85%) has been one of the biggest winners.

The fabless chipmaker, which designs custom ASIC chips and optical components, has benefited from the AI boom, strong results, and a prediction from Nvidia CEO Jensen Huang that it would become the "next trillion-dollar company."

According to data from S&P Global Market Intelligence, the stock jumped 251% over the first six months of the year. As you can see from the chart below, the stock didn't really start to gain until the second quarter, when the broader chip sector went parabolic in response to strong demand signals for AI components and a surge in investor sentiment. The jump in Marvell stock in early June was due to comments from Nvidia's Huang.

MRVL data by YCharts

What's behind Marvell's massive surge The chart above illustrates that Marvell's gains were more about overall investor sentiment and forward expectations, rather than quarterly numbers. Nonetheless, the company delivered solid results with revenue for Q4 2026, which ended on Jan. 31, up 22% to $2.22 billion, and adjusted earnings per share increasing from $0.60 to $0.80.

The company also offered strong guidance for the first quarter, indicating that revenue growth was expected to reaccelerate. Several Wall Street analysts upgraded the stock on the news.

Marvell followed that up with accelerating growth in the first quarter, as revenue rose 28% to $2.42 billion, and adjusted earnings per share improved from $0.62 to $0.80. The stock again climbed on the news as Wall Street responded enthusiastically.

Marvell's biggest gain of the year came days later when the stock jumped 33% on Jensen Huang's endorsement. The Nvidia chief called Marvell the next trillion-dollar company at the Computex trade show in Taiwan, noting Marvell's prowess in data infrastructure and the growth of optical communications.

Finally, the stock popped on news in mid-June that it would be added to the S&P 500, replacing Pool Corporation.

Image source: Getty Images.

What's next for Marvell The stock has pulled back in July, in line with a broader retreat in semiconductor stocks. After the first-half surge, the stock looks expensive by historical standards, trading at a price-to-sales ratio of 20.

However, Wall Street expects its growth rate to steadily accelerate over the next two years. The stock is likely to move with broader sentiment in the chip sector in the coming months, but if it can deliver on that growth forecast, the stock should be a winner over the longer term.

Jeremy Bowman has positions in Nvidia. The Motley Fool has positions in and recommends Marvell Technology, Nvidia, and Pool. The Motley Fool has a disclosure policy.

Stock futures are rising after three straight days of declines for major indexes; chip stocks are leading the rebound as volatility in the AI trade persists; several big-name companies reported earnings this morning ahead of Big Tech results tomorrow; Nebius shares are surging on news Nvidia as increased its stake in the Dutch AI infrastructure company; and SpaceX shares are rising after closing lower for the seventh consecutive sessions. Here's what you need to know today.

© Canva | AndreyPopov from Getty Images and 400tmax from Getty Images Signature

Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) has been one of the most volatile large-cap AI infrastructure stocks of 2026. Wall Street’s tone has shifted noticeably since the company closed its XConn Technologies acquisition on February 10, 2026. Chiplet connectivity has moved from a side story to a central pillar of the AI datacenter thesis, and analysts have reset their price targets accordingly.

Our 24/7 Wall St. price target for Marvell is $264.31, roughly 40.37% above the current price of $188.30. Our recommendation is buy, with a model confidence of 90%.

24/7 Wall St. Price Target Summary Metric Value Current Price $188.30 24/7 Wall St. Price Target $264.31 Upside 40.37% Recommendation BUY Confidence Level 90% From $329 to $188: What Just Happened Marvell is up 121.9% year to date and 166.34% over the trailing year, but shares have cooled hard. They are down 22.58% over the past week and 32.41% over the past month from a 52-week high of $329.80, driven by hyperscaler capex worries and profit-taking after S&P 500 inclusion.

Fundamentals remain strong. Q1 FY2027 revenue landed at $2.418 billion, up 27.6% year over year, with data center at $1.833 billion, or 76% of total sales. CEO Matt Murphy guided Q2 to $2.7 billion at the midpoint, roughly 35% YoY growth, saying Marvell is “significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028.”

The XConn deal, alongside Celestial AI (closed February 2, 2026) and a $2 billion NVIDIA strategic investment announced July 6, 2026, position Marvell inside the NVLink ecosystem.

Why Bulls See $350 Ahead Marvell has become the second name in custom silicon behind Broadcom. The ecosystem keeps expanding: KeyBanc raised its target to $385, BofA to $365, Stifel to $350, and UBS to $340 following the Teralynx T100 launch. Seeking Alpha analysts see the custom ASIC business scaling from $1.5 billion to over $4 billion by 2028.

Our bull scenario points to $349.35 over the next 12 months, an 85.53% return. Triggers include another guidance raise, deeper NVLink integration, and Celestial AI photonic fabric hitting production. NVIDIA CEO Jensen Huang has called Marvell “the next trillion-dollar company.”

What Could Go Wrong Marvell trades at a trailing P/E of 66 and a forward P/E of 54, with quarterly earnings down 80.4% year over year. The headline decline is largely explained by a $331.8 million contingent consideration charge and $207.6 million of stock-based compensation tied to recent deals, but it represents real dilution and cash-adjusted margin pressure.

Concentration risk is another overhang: 76% of revenue is now data center, and any hyperscaler capex slowdown lands hard. GuruFocus flags a fair value of $109.60 to $111.04. Our bear scenario points to $201.57 over 12 months.

How Marvell Compares to Broadcom and Credo Broadcom (NASDAQ:AVGO) is the direct comparable on custom AI silicon and networking. Broadcom delivered Q2 FY2026 revenue of $22.19 billion, up 47.9% YoY, with AI semiconductor revenue of $10.8 billion, up 143%. At a $1.78 trillion market cap, Broadcom’s scale makes Marvell the smaller, faster-follower play.

Credo (NASDAQ:CRDO) is the pure-play interconnect comparable. It posted Q4 FY2026 revenue of $437 million, up 157% YoY and trades at a $38.78 billion market cap. Credo grows faster in percentage terms, but Marvell has scale and diversification. On a growth-adjusted basis, Marvell’s forward multiple looks fair.

Company Latest Quarter Revenue Growth (YoY) Market Cap Marvell 27.6% $172.7B Broadcom 47.9% $1.78T Credo 157.0% $38.78B Weighing the Dip, With Guardrails Our 24/7 Wall St. price target is $264.31, our recommendation is buy, and our confidence is 90%. The scale-tipping factor is the raised FY2027 and FY2028 outlook combined with the NVIDIA capital injection.

Watch the next earnings report for confirmation of continued sequential acceleration in data center revenue. Hyperscaler capex guidance from Amazon, Google, or Microsoft turning negative before Marvell’s next report would be a key risk to monitor.

Year 24/7 Wall St. Price Target 2026 $264 2027 $310 2028 $370 2029 $425 2030 $485 These projections assume Marvell executes on custom ASIC, optical, and chiplet interconnect. Significant upside or downside could come from hyperscaler capex trajectory and integration of Celestial AI and XConn technology stacks.

Contact [email protected] for any questions or corrections.

On July 13, chip stocks dropped sharply for several reasons, including escalating geopolitical tensions. It's not that surprising to see many investors take some profits as they fear what may happen to broader equities if conflicts in the Middle East worsen. However, for those focused on the long term, it's still worth buying shares of top semiconductor stocks and riding out this volatile period. Here are two great picks to consider: Nvidia (NVDA 0.96%) and Marvell Technology (MRVL +2.07%).

Image source: The Motley Fool.

1. Nvidia Shares of Nvidia are surprisingly cheap right now relative to its growth potential. The company is trading at 24.1x forward earnings, versus an average of 21.7x for information technology stocks. Considering Nvidia is the undisputed leader in the GPU (Graphics Processing Unit) market, boasts a wide moat due to high switching costs, and still has a vast opportunity as artificial intelligence (AI) infrastructure spending grows, the stock looks like a bargain at current levels. While the bears fear that the competition will eventually catch up to Nvidia, so far, hardly any one of them has been able to make much headway in disrupting its empire.

Today's Change

(

-0.96

%) $

-1.99

Current Price

$

205.41

Meanwhile, as the company argues, it is no longer just a GPU company. Nvidia offers products across much of the AI infrastructure stack. The company sees a large opportunity in the CPU market, for instance, which is why it launched its stand-alone Vera CPU -- and that's just the tip of the iceberg. On top of that, Nvidia recently significantly increased its dividend per share and committed to consistently returning at least 50% of its free cash flow to shareholders, via dividends and share buybacks. All of that makes the stock highly attractive. Even after the amazing run Nvidia has had over the past few years, it isn't done just yet.

2. Marvell Technology Marvell is a leading Application-Specific Integrated Circuit (ASIC) maker. These are custom chips developed to handle specific workloads. What they lack in versatility, they make up for in the ability to be highly efficient for the tasks they are designed for -- such as training AI models -- and can be cost-efficient when deployed at scale. Many companies will increasingly rely on ASICs to tap into the large and growing AI opportunity.

Consider, for instance, that Amazon is considering selling its Trainium chips (designed by Marvell) to other data centers, something it wouldn't even explore unless it saw strong demand. Similarly, Alphabet has said it will sell its custom AI chips to select outside customers. All of these developments are bullish signs for Marvell Technology.

Today's Change

(

2.07

%) $

3.90

Current Price

$

192.20

Meanwhile, the company continues to post strong financial results. In the first quarter of its fiscal year 2027, ending May 2, Marvell's revenue climbed to a record $2.4 billion, up 28% compared to the year-ago period. The company's adjusted earnings per share were $0.80, 29% higher than the prior-year quarter. Marvell's revenue should accelerate over the next few quarters. And as demand for custom AI chips soars through the end of the decade (and beyond), especially from the hyperscalers, the company should be a major winner.

Prosper Junior Bakiny has positions in Alphabet, Amazon, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Marvell Technology, and Nvidia. The Motley Fool has a disclosure policy.

Marvell Technology (MRVL - Free Report) closed at $188.30 in the latest trading session, marking a -8.71% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.51%. On the other hand, the Dow registered a loss of 0.2%, and the technology-centric Nasdaq decreased by 1.47%.

Shares of the chipmaker have depreciated by 28.76% over the course of the past month, underperforming the Computer and Technology sector's loss of 2.99%, and the S&P 500's gain of 0.53%.

The upcoming earnings release of Marvell Technology will be of great interest to investors. The company's upcoming EPS is projected at $0.93, signifying a 38.81% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $2.71 billion, showing a 35.1% escalation compared to the year-ago quarter.

MRVL's full-year Zacks Consensus Estimates are calling for earnings of $4.04 per share and revenue of $11.54 billion. These results would represent year-over-year changes of +42.25% and +40.88%, respectively.

Investors should also pay attention to any latest changes in analyst estimates for Marvell Technology. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, Marvell Technology possesses a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Marvell Technology has a Forward P/E ratio of 51.01 right now. This represents a premium compared to its industry average Forward P/E of 48.19.

We can additionally observe that MRVL currently boasts a PEG ratio of 1.03. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Electronics - Semiconductors industry was having an average PEG ratio of 1.74.

The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 43, which puts it in the top 18% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Calgary, Alberta--(Newsfile Corp. - July 16, 2026) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF) ("Marvel" or the "Company") is pleased to announce that it intends to complete a non‐brokered private placement offering (the "Offering") of units of the Company ("Units") at a price of $0.15 per Unit. The Offering will be for a minimum of 10,000,000 Units for gross proceeds of $1,500,000, and up a maximum of 20,000,000 Units, for gross proceeds of up to $3,000,000.

Each Unit will consist of one common share of the Corporation ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.20 per share, commencing on the sixty first (61st) day after the closing date of the Offering (the "Closing Date") for a period of one (1) year from the Closing Date; provided that if, at any time after the date that is sixty-one (61) days following the Closing Date, the volume weighted average trading price of the Common Shares on the TSX Venture Exchange ("TSXV") is at least $0.25 per share for a period of five (5) consecutive trading days (whether or not trading occurs on all such days), the expiry date of the Warrants may be accelerated by the Corporation to a date that is not less than 30 days after the date that notice of such acceleration is provided to the Warrant holders, which notice may be by way of general press release.

It is anticipated that the net proceeds from the Offering will be used to pay a deposit for phase 1 clinical trials for the Company's lead compound MB‐204, general and administrative expenses and for general working capital. The closing of the Offering may occur in one or more tranches, the first of which is expected to close on or about August 14, 2026. Closing of the Offering is subject to receipt of all regulatory approvals, including approval of the TSX Venture Exchange (the "TSXV"), and will occur within 45 days from the date hereof.

There is an offering document related to this Offering dated July 15, 2026 that can be accessed under the Company's profile at www.sedarplus.ca and at https://marvelbiotechnology.com/. Prospective investors should read this offering document before making an investment decision.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45‐ 106 ‐ Prospectus Exemptions ("NI 45‐106"), the Offering is being made to purchasers resident in all provinces of Canada (except Quebec) and certain foreign jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45‐106 (the "Listed Issuer Financing Exemption"). The Units offered under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws. Shareholders or investors who may wish to participate in the Offering and who seek further details about the Offering should contact the Company's Chief Executive Officer, J. Roderick Matheson, at 403 770 2469.

In connection with the Offering, the Corporation will pay a finder's fees equal to up to 7% of the gross proceeds raised from those investors introduced by the finder to the Offering, payable in cash, and finder's warrants ("Finder's Warrants") in an amount equal to 7% of the aggregate number of Units in relation to ‎subscribers introduced by any particular finder, with each Finder's Warrant being exercisable to acquire one (1) ‎Common Share at a price of $0.20 per share commencing on the sixty first (61st) day after the Closing Date for a period of one (1) year from the Closing Date; provided that if, at any time after the date that is sixty-one (61) days following the Closing Date, the volume weighted average trading price of the Common Shares on the TSXV is at least $0.25 per share for a period of five (5) consecutive trading days (whether or not trading occurs on all such days), the expiry date of the Finder's Warrants may be accelerated by the Corporation to a date that is not less than 30 days after the date that notice of such acceleration is provided to the Finder's Warrant holders, which notice may be by way of general press release. It is estimated that the Corporation will issue up to 700,000 Common Shares upon the exercise of Finder's Warrants assuming the minimum Offering and 1,400,000 Common Shares upon the exercise of Finder's Warrants assuming the maximum Offering.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the "United States" or to "U.S. persons" (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Marvel Biosciences Corp.

Marvel Biosciences Corp., and its wholly owned subsidiary, Marvel Biotechnology Inc., is a Calgary‐based pre‐ clinical stage pharmaceutical development biotechnology company that utilizes a "drug redevelopment" approach to drug development. Historically, when a new class of drug is developed, it is optimized for a particular target, but typically only approved for a specific disease. Often, a new disease is identified which involves the same target, however, pending the remaining patent life, the originally approved drug may not have sufficient time left for it to be commercially viable to be developed for the new disease indication. Marvel develops new synthetic chemical derivatives of the original approved drug for the new disease indication. Patent protection is sought, as the new potential asset is developed by the Company. The Company believes the business model results in significantly less risk, cost and time to develop its assets compared to traditional biotechnology companies.

Marvel Biotechnology Inc. has currently developed several new chemical entities, using synthetic chemical derivatives of known, off‐patent drugs, that inhibit the A2a adenosine receptor with application to neurological diseases (depression & anxiety, Alzheimer's, ADHD), and the non‐neurological conditions of cancer and non‐ alcoholic steatohepatitis. Marvel is also exploring additional undisclosed targets to expand its asset pipeline.

Contact Information:
Marvel Biosciences Corp.
J. Roderick (Rod) Matheson, Chief Executive Officer
or Dr. Mark Williams, President, and Chief Science Officer
Tel: 403 770 2469
Email: [email protected]

Forward-Looking Statements

This news release contains "forward‐looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward‐looking information. In particular, this news release contains forward‐looking information regarding: the Offering, the potential use of proceeds of the Offering, the closing date for the Offering, the business of the Company, including future plans and objectives. There can be no assurance that such forward‐looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward‐looking information. This forward‐looking information reflects Marvel's current beliefs and is based on information currently available to Marvel and on assumptions Marvel believes are reasonable. These assumptions include, but are not limited to: the underlying value of Marvel and its Common Shares, TSX Venture Exchange approval of the Offering; Marvel's current and initial understanding and analysis of its projects and the development required for such projects; the costs of Marvel's projects; Marvel's general and administrative costs remaining constant; and the market acceptance of Marvel's business strategy. Forward‐looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Marvel to be materially different from those expressed or implied by such forward‐looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; industry condition; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation affecting Marvel; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward‐looking information can be found in Marvel's disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although Marvel has attempted to identify important factors that could cause actual results to differ materially from those contained in forward‐looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward‐looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward‐looking information contained in this news release is expressly qualified by this cautionary statement. The forward‐looking information contained in this news release represents the expectations of Marvel as of the date of this news release and, accordingly, is subject to change after such date. However, Marvel expressly disclaims any intention or obligation to update or revise any forward‐looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Not for distribution to U.S. newswire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305483

Source: Marvel Biosciences Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

16.7.2026 19:00

Americkým indexům se dnes nedaří. Po počáteční kladném otevření se v průběhu dne pomalu ale jistě sunou do záporných hodnot, momentálně s výjimkou Dow Jones, který je na kladné nule. Technologický sektor je i nadále tlačen vahou čipového sektoru, který nadále koriguje letošní růstovou rallye. V Americké společnosti se začíná objevovat napětí kolem sektoru umělé inteligence, přičemž se začíná mluvit o její regulaci. V obci v Michiganu se lidé postavili proti výstavbě datového centra za 16 mld. USD, který má být velkým společným projektem firem Oracle, Open AI, Related Digital, Blackstone a Walbridge. Investoři jsou tedy stále opatrní, co se týče budoucnosti tohoto sektoru.

Nejlépe se daří klasickým technologickým společnostem těžící z poskytování výpočetního výkonu, takzvaný hyperscaleři. Microsoft přidává +1,88 %. V čele poklesu v čipovém sektoru je opět Micron, který odepisuje -6,11 %. Podobně je na tom ARM -8,41 %.

Oproti nim se kapitál opět přelévá do defenzivních titulů. Zde excelují například McDonald +2,6 % či MasterCard +2,4 %. Daří se i realitnímu sektoru, kterému pomáhá vidina nadále se nezvyšujících úrokových sazeb. Lídr na tomto trhu Realty Income přidává slušné 3 %. Vici Properties pak +2,57 %. Opačný efekt to má na cenné kovy, kde zlato odepisuje -1,38 % a bojuje o udržení supportní úrovně 4000 USD.

Geopolitický vývoj v Hormuzském průlivu mírně ustrnul, nelepší se ale ani nehorší. Ropa WTI osciluje kolem nuly a nyní odepisuje -0,67 %.

Index Dow Jones +0,1 % na 52711,63 b.
S&P 500 -0,24 % na 7554,53 b.
Nasdaq Composite -0,84 % na 26048,65 b.

Index S&P 500 -0,24 % na 7554,53 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Nezbytná spotřeba +2,3 % Informační technologie -1,7 % Zdravotní péče +2 % Průmysl -0,2 % Reality +1,5 % Utility -0,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Abbott Laboratories (ABT) +11 % Corning (GLW) -10 % Erie Indemnity (ERIE) +9,5 % Sandisk Corp (SNDK) -10 % Cintas Corp (CTAS) +7,1 % Western Digital Corp (WDC) -9,9 % Ingersoll Rand (IR) +6,9 % Seagate Technology Holdings (STX) -8,6 % JB Hunt Transport Services (JBHT) +6,6 % Marvell Technology (MRVL) -8,4 %
Jan Pazourek, Fio banka, a.s.

Marvell Technology (MRVL - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this chipmaker have returned -28.8% over the past month versus the Zacks S&P 500 composite's +0.5% change. The Zacks Electronics - Semiconductors industry, to which Marvell belongs, has lost 9.8% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Marvell is expected to post earnings of $0.93 per share, indicating a change of +38.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $4.04 for the current fiscal year indicates a year-over-year change of +42.3%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $6.18 indicates a change of +53% from what Marvell is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Marvell.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Marvell, the consensus sales estimate of $2.71 billion for the current quarter points to a year-over-year change of +35.1%. The $11.54 billion and $16.63 billion estimates for the current and next fiscal years indicate changes of +40.9% and +44.1%, respectively.

Last Reported Results and Surprise HistoryMarvell reported revenues of $2.42 billion in the last reported quarter, representing a year-over-year change of +27.6%. EPS of $0.8 for the same period compares with $0.62 a year ago.

Compared to the Zacks Consensus Estimate of $2.4 billion, the reported revenues represent a surprise of +0.59%. The EPS surprise was 0%.

Over the last four quarters, Marvell surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Marvell is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Marvell. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Imagine AT&T joined a coalition building an alternative to Verizon's network. Then Verizon invested $2 billion in AT&T. After that, Verizon asked AT&T to make its devices and network infrastructure compatible with Verizon's network, too.

That sounds strange. Why invest in a company helping build an alternative to your own network? A version of that relationship is now taking shape in artificial intelligence.

Marvell Technology (MRVL 7.27%) supports UALink, an open interconnect standard designed to give AI chipmakers an alternative to Nvidia's (NVDA +0.29%) proprietary NVLink fabric. Marvell has developed technology that can help customers build custom accelerators, switches, and scale-up networks around the standard.

Then, in March 2026, Nvidia invested $2 billion in Marvell. The companies also announced a strategic partnership covering custom AI chips, NVLink Fusion-compatible networking, optical interconnects, and silicon photonics.

Marvell was helping customers build for an alternative network. Now Nvidia is investing to make sure Marvell can build for its network, too. So has Marvell abandoned UALink? There is no public indication that it has.

The more interesting possibility is that Marvell is becoming valuable because it can build for both sides.

Image source: The Motley Fool.

Nvidia Is Changing What It Means to Win Nvidia built its position in AI around a tightly integrated platform. Its GPUs perform the computing. NVLink connects those GPUs inside large systems. Nvidia's networking equipment moves data across racks and data centers. Its software helps customers operate the entire architecture. Each layer makes the others more valuable.

But hyperscalers want more control. Companies such as Amazon (AMZN +2.97%), Alphabet (GOOG +3.57%) (GOOGL +3.15%) Meta (META +3.06%), and Microsoft (MSFT +2.70%) are developing custom chips for workloads where a specialized processor may cost less, consume less power, or perform a specific task more efficiently than a standard GPU.

Those chips can reduce their dependence on Nvidia.

Nvidia could treat every custom accelerator as a threat. Instead, NVLink Fusion gives the company another way to participate. The technology allows custom CPUs and accelerators to connect to Nvidia's NVLink fabric and rack-scale architecture. Nvidia may not manufacture every processor in the system, but it can still provide the network that allows those processors to work together.

That is the bargain. Nvidia gives customers more freedom at the computing layer. In return, it gets another chance to keep NVLink at the center of the system.

Put more simply: Nvidia may be willing to give up some compute share if NVLink remains the fabric connecting the system.

Marvell Can Sell Customers Either Path This strategy makes Marvell unusually useful. Marvell helps hyperscalers design custom silicon. It also develops the technologies needed to connect that silicon, including high-speed electrical interfaces, switches, copper connectivity, optical signal processors, and silicon photonics.

Marvell's advantage is not any single component. It can help design the processor, choose the fabric, and connect the finished system.

Customers can now take at least two paths. One path uses UALink, an open scale-up interconnect supported by a coalition seeking an alternative to Nvidia's proprietary fabric. The other connects custom chips to Nvidia's ecosystem through NVLink Fusion.

Supporting Nvidia does not require Marvell to stop supporting UALink. Its business is helping customers build the architecture they choose.

One hyperscaler may prefer UALink for greater openness and supplier flexibility. Another may choose NVLink because Nvidia already has a mature software, networking, and rack-scale ecosystem. A large customer could use both for different workloads.

Marvell benefits as long as customers need custom processors and the connectivity required to make them work. Nvidia's investment may therefore be less about breaking the UALink coalition and more about preventing custom silicon from automatically pushing customers outside Nvidia's ecosystem.

Before NVLink Fusion, choosing a custom accelerator could also mean choosing another scale-up fabric. Now those decisions can be separated. A customer can choose a non-Nvidia processor without necessarily giving up Nvidia's interconnect. Marvell helps make that possible.

AI's Bottleneck Is Expanding Beyond the GPU The partnership is happening because the technical problem inside AI data centers is changing.

The first stage of the AI boom centered on computing power. Companies needed more accelerators to train larger models and serve more users. But adding more processors creates another bottleneck. Those processors must constantly exchange data.

As AI systems grow from individual servers into racks containing dozens of accelerators, and eventually into clusters containing hundreds of thousands of chips, moving information becomes almost as important as processing it.

A fast accelerator cannot deliver its full performance if it spends too much time waiting for data from another chip. The system needs more than powerful processors. It needs higher bandwidth, lower latency, cleaner signals, and lower power consumption across every connection.

This is where networking stops being a supporting component and becomes part of the computing architecture itself.

Copper Still Works, but It Needs More Help Copper does not suddenly stop working at 1.6 terabits per second. Marvell's own products demonstrate that.

Its Alaska A 1.6T digital signal processor sits inside an active electrical cable and cleans up the signal as it travels. The chip carries eight lanes running at 200 gigabits per second each. Marvell says the technology allows copper connections to reach beyond three meters inside an AI rack.

But the solution also reveals copper's trade-off. At higher speeds, moving an electrical signal farther requires additional silicon to retime, reconstruct, and correct the data. That adds power, cost, and complexity.

Copper remains attractive across the shortest connections. Passive copper can provide low latency and low power when chips sit close together. Active electrical cables extend that reach by adding signal processing.

Optics becomes more practical as the distance grows. Optical modules convert electrical data into light, send that light through fiber, then recover and correct the signal at the other end. Fiber can carry enormous amounts of data over greater distances with less signal degradation than copper.

The future will not be entirely copper or entirely optical. Copper will remain important inside racks. Optics will move closer to the processors as AI systems require more bandwidth across racks, rows, buildings, and data center campuses. Marvell supplies technology for both.

Rubin Raises the Networking Stakes The problem becomes more important as Nvidia moves into the Rubin generation. Rubin is not simply a faster GPU.

More computing power means more traffic moving among processors, memory, switches, and storage. Each increase in computing density puts greater pressure on the surrounding network.

The GPU can improve, but the rest of the system has to keep up. That creates demand for technologies Marvell has spent years developing. Its SerDes technology sends and receives high-speed electrical signals between chips. Its switches direct traffic through the network. Its optical DSPs prepare and recover data traveling through fiber. Its custom-silicon business helps customers design processors around specific workloads.

These products solve different parts of the same problem: keeping an increasingly large AI system operating as one coordinated machine. For Marvell, Rubin is more than another Nvidia product cycle. It expands the connectivity problem Marvell is positioned to solve.

It also explains why Nvidia might want Marvell closer. Nvidia's future performance depends partly on technologies outside the GPU. A faster processor cannot deliver its full value if networking, signal integrity, or power consumption becomes the limiting factor.

Polariton Is a Bet on the Next Optical Limit Marvell is already preparing for another increase in optical speeds. In April 2026, the company acquired Polariton Technologies, a developer of plasmonics-based modulation technology.

A modulator turns electrical data into changes in light that can travel through an optical connection. As data rates rise, conventional optical components face harder trade-offs involving bandwidth, size, signal quality, and power consumption.

Marvell says Polariton's technology can advance its optical roadmap toward 3.2T connections and beyond. The acquisition does not guarantee commercial success. Promising photonics technology still has to move from technical demonstrations into reliable, economical, high-volume manufacturing. Competitors are investing in other approaches. Adoption may take longer than investors expect.

But the strategic logic is clear. AI systems will need more bandwidth. Optics will need to move closer to the processors. Power efficiency will become more important. Marvell is buying technology aimed at those constraints before the market fully arrives.

The $2 Billion Is a Strategic Signal, Not Proof Nvidia's investment gives this relationship more weight than an ordinary supplier agreement. Nvidia is committing capital to a company that helps hyperscalers develop custom processors and supports a competing scale-up interconnect.

That suggests Nvidia sees strategic value in Marvell's position across the market. But investors should not treat the investment as proof that Marvell will win.

Technical importance does not automatically create attractive economics. Custom-chip design wins can take years to enter production. Large customers can divide projects among several suppliers or bring more work in-house.

Marvell also faces formidable competition. Broadcom has deep custom-silicon relationships and a broad networking portfolio. Nvidia continues developing more of the surrounding infrastructure itself. Other suppliers are investing heavily in switches, connectivity, and optical technologies.

Marvell still has to convert its engineering position into durable revenue, margins, and cash flow.

Marvell May Be More Valuable Because It Has Not Chosen a Side The easy interpretation is that Nvidia's investment brings Marvell into Nvidia's camp. That may be too simple. Marvell can help customers build custom chips that reduce their reliance on Nvidia GPUs. It can support an open fabric such as UALink. It can also connect custom processors to Nvidia's NVLink ecosystem.

Its value may come from not belonging entirely to either side. As AI infrastructure becomes more modular, the boundaries between processors, fabrics, switches, copper links, and optical connections become more difficult to manage.

Marvell is positioning itself at those boundaries. Nvidia's $2 billion investment suggests those boundaries are becoming strategically important. The investment question is whether Marvell can turn that position into lasting economics. If it can, its opportunity will not depend on defeating Nvidia or abandoning UALink.

It will come from becoming one of the companies that both sides need to build the next generation of AI infrastructure.

Marvell Technology Inc. (NASDAQ:MRVL) stock climbed nearly 3% on Tuesday, riding a wave of broader market gains during a risk-on session.

Compounding the gains, KeyBanc maintained an Overweight rating on the stock and boosted its price target from $385 to $400. Analyst John Vinh cited growing momentum in Marvell’s custom AI silicon business.

Technical Picture Remains MixedMarvell remains in a long-term uptrend. The stock is trading about 30.5% above its 100-day simple moving average and roughly 74% above its 200-day simple moving average. A golden cross, formed in October 2025, continues to support the longer-term bullish trend.

The shorter-term picture is less constructive. Marvell is trading about 16.2% below its 20-day simple moving average and 4.6% below its 50-day simple moving average. That suggests the stock is still working through a pullback rather than beginning a fresh breakout.

Momentum indicators also point to caution. The MACD remains below its signal line, while the histogram is negative, indicating buying momentum has weakened.

Traders are watching resistance near $233.85, which aligns with the 50-day simple moving average. Immediate support sits around $222.96.

Earnings And Analyst OutlookMarvell is expected to report quarterly results on Aug. 27. Analysts expect earnings of 87 cents per share on revenue of $2.70 billion, compared with 67 cents per share and $2.01 billion in revenue a year earlier.

The stock trades at about 74.8 times earnings, reflecting a premium valuation.

Wall Street maintains a Buy consensus with an average price forecast of $270.83. Recent analyst actions include KeyBanc raising its price forecast to $400 while maintaining an Overweight rating on Tuesday.

RBC Capital Markets maintained an Outperform rating with a $360 price forecast on July 7, and UBS raised its Buy price forecast to $340 on June 29.

Price ActionMRVL Stock Price Activity: Marvell Technology shares were up 2.55% at $223.07 at the time of publication on Tuesday, according to Benzinga Pro data.

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

13.7.2026 19:44

Americké akciové trhy dnes oslabují, když nová eskalace mezi USA a Íránem v Perském zálivu znovu vytlačila výše ceny ropy a zvýšila nervozitu investorů. Prezident Donald Trump uvedl, že Spojené státy obnovují blokádu íránské lodní dopravy v Zálivu a zároveň chtějí udržet Hormuzský průliv otevřený poté, co si obě strany o víkendu vyměnily další raketové a dronové útoky. Vývoj podkopává předběžnou dohodu z minulého měsíce, která měla po 60 dnech jednání vést k otevření průlivu a ukončení války. Trh zároveň čeká na důležitý týden makrodat a kvartálních výsledků: v úterý bude zveřejněna americká spotřebitelská inflace, šéf Fedu Kevin Warsh vystoupí před Kongresem a velké banky jako již tradičně zahájí výsledkovou sezonu za druhý kvartál. Očekává se, že zisky firem z indexu S&P 500 meziročně vzrostly o 23,7 %, zatímco trh dle průzkumů mezi analytiky stále zaceňuje alespoň jedno zvýšení sazeb Fedu o 25 bazických bodů do konce roku.

Sektorově je největší tlak patrný v technologiích a polovodičích, kde pokračuje vybírání zisků po předchozí silné AI rally. Informační technologie v rámci S&P 500 ztrácejí 1,8 % a jsou nejslabším sektorem dne, vedle toho sledovaný Philadelphia Semiconductor Index klesá o 3,7 % a nachází se už více než 14 % pod rekordem z konce června. Z jedenácti hlavních sektorů S&P 500 najdeme pět v záporu. Ropa po zprávách o nové eskalaci prudce zdražila. WTI rostle o 4,47 % na 74,60 USD za barel a Brent o 4,41 % na 79,36 USD. Výnosy amerických dluhopisů rostly kvůli obavám z inflačních tlaků a desetiletý výnos se zvýšil na 4,598 %, třicetiletý na 5,093 % a dvouletý na 4,248 %, tedy nejvýše od února 2025. Euro oslabilo na 1,14 USD.

Z jednotlivých akcií jsou pod největším tlakem paměťové polovodiče, které letos výrazně těžily z optimismu kolem AI, ale nyní čelí vybírání zisků. Sandisk propadá o 13 %, Western Digital o více než 6 % a Micron Technology (MU) odepisuje 5 %. Čerstvě v USA listované korejské akcie SK Hynix ztrácí přes 9 %. Pokles polovodičů měl širší dopad i mimo USA: jihokorejský KOSPI se propadl téměř o 9 %, protože se z něj stal citlivý barometr nálady vůči čipovému sektoru.

Index S&P 500 -0,6 % na 7530 b.
Index Dow Jones -0,35 % na 52453 b.
Index Nasdaq Composite -1,33 % na 25957 b.

Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +2,7 % Informační technologie -1,8 % Utility +0,5 % Průmysl -1,1 % Zbytná spotřeba +0,4 % Základní materiály -0,9 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Intuit (INTU) +7 % APPLVN CRP A O (APP) -13 % WORKDAY I (WDAY) +5,8 % SANDISK CORP O (SNDK) -13 % Salesforce (CRM) +5,6 % MRVL TCHNLGY O (MRVL) -7,3 % Gartner (IT) +5,3 % Western Digital (WDC) -6,9 % FactSet Research Systems (FDS) +5 % Seagate Technology Holdings ( STX) -6,3 % Zdroj: Reuters

Martin Varecha
Fio banka, a.s.
Prohlášení

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?

Let's take a look at what these Wall Street heavyweights have to say about Marvell Technology (MRVL - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Marvell currently has an average brokerage recommendation (ABR) of 1.41, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 37 brokerage firms. An ABR of 1.41 approximates between Strong Buy and Buy.

Of the 37 recommendations that derive the current ABR, 28 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 75.7% and 8.1% of all recommendations.

Brokerage Recommendation Trends for MRVL

Check price target & stock forecast for Marvell here>>>

The ABR suggests buying Marvell, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Is MRVL a Good Investment?Looking at the earnings estimate revisions for Marvell, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $4.04.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Marvell. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Marvell.

Marvell Technology has become one of the loudest AI infrastructure stories of the past twelve months, and the numbers back it up. Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) shares are up 186.61% year to date as custom XPU silicon, 800G/1.6T optics, and 51.2T Ethernet switches ride the hyperscaler capex wave.

CEO Matt Murphy told investors the company is seeing “exceptional AI-related bookings” and just raised the fiscal 2027 and 2028 outlook. The question I want to answer is simple. Can this stock hit $400 by 2027?

What’s Holding Marvell Back Right Now Despite the parabolic YTD move, shares have cooled off. Marvell is down 8.85% in the last month and 0.82% on the week, sitting 24% below the 52-week high of $329.88.

The pullback lines up with two real concerns. First, customer concentration risk is real. Data center now accounts for 76% of revenue, and hyperscaler vertical integration is a genuine overhang.

Second, a beta of 2.197 means every macro wobble hits harder here than in a broad index. Add in net insider selling across 129 recent transactions, and the profit-taking narrative writes itself. I do not think that changes the multi-year thesis, but it explains why the tape looks tired.

Wall Street Sees 4% Upside. Our Model Says 16% Consensus analyst target is $252.26, which is essentially where the stock trades today. The rating breakdown is heavily bullish: 7 Strong Buys, 31 Buys, 5 Holds, and 1 Strong Sell, an 86% bullish share. Our own base case is $282.97 with 90% confidence, implying 16.32% upside, and the bull case runs to $351.97.

The sell side is likely behind the curve. Analysts anchored their targets before management raised the fiscal 2028 outlook. If bookings acceleration is real, the current consensus is a lagging indicator. That is the gap I am trying to price.

The Path to $400 Per Share Reaching $400 from today’s price of $243.27 would require a gain of 64.4%. With forward EPS of $4.36, a price of $400 implies a forward P/E of 92x. Our base case of $282.97 already implies 80x, meaning the bold target requires roughly 12x of additional multiple expansion.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marvell Technology didn't make the cut. Grab the names FREE today.

Is that achievable? The forward P/E compression story only works if EPS growth outruns expectations. Q1 FY2027 revenue grew 27.6% YoY to $2.418 billion, and Q2 is guided to $2.70 billion, roughly 35% YoY. Free cash flow jumped 126.8% to $483.1 million.

Murphy said flatly, “We expect revenue growth to continue accelerating each quarter throughout fiscal 2027.” The Celestial AI and XConn deals close the interconnect gap, and the 247Factor adjustment of 1.104, driven by 1.15 sector momentum and 86% analyst bullishness, tells you the setup is aligned. The main risk is a hyperscaler pausing custom silicon orders.

Where Marvell Trades Today vs Its Earnings Power At $243.27 against forward EPS of $4.36, Marvell trades at roughly 56x forward earnings. That is a premium multiple, priced for durable AI capex growth.

The stock sits between the 52-week low of $61.32 and high of $329.88, and the 10-year return of 2,517.21% shows what compounding at AI-adjacent margins can do. Fiscal 2026 non-GAAP EPS grew 81% to $2.84. If that operating leverage continues, today’s multiple compresses fast.

Is $400 Realistic? Here’s My Take My read: $400 by 2027 is a stretch, but it is not a fantasy.

It requires a 64.4% gain, driven by three things going right: fiscal 2028 guidance rising again on custom XPU wins, gross margin holding near 59%, and no hyperscaler pulling in-house. What would derail it is a broader semiconductor spending pause. Returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how Marvell could reach $400 in 2027.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marvell Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Most of the attention in the AI chip boom lands on Nvidia and its graphics processing units. But there's an arguably more interesting corner of the market where two companies are building the chips the biggest tech firms want to design for themselves. Broadcom (AVGO 0.31%) and Marvell Technology (MRVL 2.90%) are the two names that dominate it, and while they chase the same opportunity, they go about it very differently -- and the market prices them very differently, too.

Image source: Getty Images.

Before comparing the two, it helps to understand what they do. When a giant cloud company like Alphabet or Meta runs enormous AI workloads, it can either buy general-purpose chips off the shelf or design its own chip tuned precisely to its software. That second path, a custom chip, sometimes called an ASIC or an XPU, can be cheaper to run and more power-efficient at massive scale. The catch is that these companies don't build the chips alone; they lean on a partner with the deep engineering expertise to turn a design into working silicon. Broadcom and Marvell are those partners, and demand for their help has exploded as hyperscalers race to control their own chip destiny rather than depend entirely on Nvidia.

Today's Change

(

3.90

%) $

7.90

Current Price

$

210.68

What Broadcom is doing Broadcom is the established heavyweight here, and its recent moves show why. It has assembled a remarkable roster of custom-chip customers that reportedly includes Google, Meta, OpenAI, Anthropic, and -- in a notable new disclosure this year -- Apple. In June, Broadcom and OpenAI even revealed their first jointly designed chip. Just as important, Broadcom doesn't just make the accelerators; it also dominates the networking gear that ties thousands of chips together inside a data center, having recently moved its latest switch chip into high-volume production.

What I find most reassuring about Broadcom's setup is its diversification. Beyond AI silicon, it runs a large and profitable infrastructure software business, which gives it a steadier foundation than a pure-play chip company. When one part of the market cools, the other can keep humming. Broadcom is essentially trying to be the one-stop shop for building the guts of an AI data center.

Today's Change

(

-0.31

%) $

-1.25

Current Price

$

399.87

What Marvell is doing Marvell is the smaller, hungrier challenger, and its strategy is more focused. It designs custom chips for a growing list of hyperscalers, but its real signature is wrapping those chips in optical interconnect technology -- the high-speed "plumbing" that moves data between processors. That combination is clever, because a customer using Marvell's building blocks inside its chip is likely to buy Marvell's connectivity products too, which makes the relationship harder for rivals to break.

To bulk up in that fight, Marvell has been buying capability rather than waiting to build it, closing acquisitions of interconnect specialists earlier this year. It's a more aggressive, acquisition-fueled approach that reflects a company sprinting to close the gap with Broadcom. Marvell was also recently added to the S&P 500, a marker of how far it has come.

Today's Change

(

-2.90

%) $

-7.04

Current Price

$

236.17

Here's where the two genuinely diverge. Marvell trades at a much richer valuation than Broadcom, suggesting the market is pricing in faster growth for the smaller company. Broadcom, despite its dominance and steadier profile, actually carries the more modest multiple of the two. So the "showdown" boils down to a classic trade-off: With Marvell, you're paying a premium for a purer, faster-growing bet on the custom-chip and interconnect boom. With Broadcom, you're getting the diversified market leader at a more reasonable price, with software revenue cushioning the ride.

Neither is risk-free. Marvell's lofty valuation leaves little room for a stumble, and its growth leans heavily on a handful of enormous customers and on integrating its acquisitions well. Broadcom's sheer size makes rapid growth harder to sustain, and it too depends on a concentrated group of hyperscaler clients whose spending could shift.

If you're choosing between them, the question isn't which company is better, as both are strong, but which trade-off suits you. Marvell offers higher-octane growth at a higher price and higher risk. Broadcom offers dominance and diversification at a more grounded valuation.

In the latest trading session, Marvell Technology (MRVL - Free Report) closed at $235.81, marking a -3.07% move from the previous day. This move lagged the S&P 500's daily gain of 0.42%. On the other hand, the Dow registered a gain of 0.29%, and the technology-centric Nasdaq increased by 0.29%.

Shares of the chipmaker have depreciated by 13.34% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.85%, and the S&P 500's gain of 2.2%.

The investment community will be paying close attention to the earnings performance of Marvell Technology in its upcoming release. The company is forecasted to report an EPS of $0.93, showcasing a 38.81% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.71 billion, up 35.1% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.04 per share and a revenue of $11.54 billion, indicating changes of +42.25% and +40.88%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Marvell Technology. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.22% decrease. Marvell Technology is holding a Zacks Rank of #3 (Hold) right now.

Looking at valuation, Marvell Technology is presently trading at a Forward P/E ratio of 60.16. For comparison, its industry has an average Forward P/E of 49.7, which means Marvell Technology is trading at a premium to the group.

It's also important to note that MRVL currently trades at a PEG ratio of 1.21. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Electronics - Semiconductors industry had an average PEG ratio of 1.89.

The Electronics - Semiconductors industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 42, placing it within the top 18% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Shares of Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) are up 7% to $247 and change in midday trading Thursday, riding a broad semiconductor rebound that’s lifted the entire AI chip complex. Marvell stock came into the session bruised after a sharp multi-week pullback, setting up an oversold bounce.

The move stems from broad sector catalysts. Traders are responding to blowout preliminary Q2 results from Samsung, continued strength at SK Hynix, and Fundstrat’s Tom Lee framing the recent selloff as a buying opportunity in AI infrastructure names.

Some of Marvell’s peers are participating in the rally while others are lagging behind. Broadcom (NASDAQ:AVGO) stock is up 3%, but NVIDIA (NASDAQ:NVDA) shares are down 1% today.

A Broad Sector Rebound Powers the Move Marvell stock had faded after its June 22, 2026 S&P 500 inclusion, unwinding some of the technical buying that drove a strong run into the event. Insider selling and valuation concerns amplified the July drawdown.

The supportive fundamental backdrop hasn’t changed. Marvell has an expanded NVIDIA partnership via NVLink Fusion, a reported $2 billion strategic investment tie-up, a wave of analyst target hikes, and the recent Teralynx T100 switch launch with 102.4 Tbps of silicon aimed at AI clusters.

Marvell’s AI-Driven Growth Story Marvell’s Q1 FY2027 results reported May 27, 2026 showed revenue of $2.418 billion, up 27.6% year over year (YoY), with data center revenue of $1.833 billion (76% of total). Management guided Q2 FY2027 revenue to $2.7 billion, implying 35% YoY growth.

The company’s valuation is a pressure point, though. Marvell stock trades at a trailing P/E of 85x per Yahoo Finance, the richest of the three names. That reflects both depressed trailing earnings and a stock that has run 191% year to date (YTD).

CEO Matt Murphy told investors that the company sees “exceptional AI-related bookings” and significantly raised its FY2027 and FY2028 outlook. That growth is real, but the average analyst target price of $252.26 sits near MRVL stock’s current quote, which suggests that the implied upside is limited.

Broadcom Trades at a Growth-Justified Premium Broadcom stock trades at a trailing P/E ratio of 66x, above the sector average but below that of Marvell. AVGO stock is up 15% YTD, well behind Marvell’s move but still ahead of the market.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Broadcom’s Q2 FY2026 results, reported June 3, 2026, showed revenue of $22.19 billion, up 47.9% YoY, with AI semiconductor revenue of $10.8 billion, up 143% YoY. The company’s Q3 FY2026 guidance calls for AI semiconductor revenue of $16 billion, over 200% YoY growth. That scale gives Broadcom’s premium some cover.

NVIDIA Screens as the Cheapest of the Trio NVIDIA stock trades at a trailing P/E of 31x with a forward P/E of 22x. NVDA stock is up 8% YTD, lagging both peers despite $81.62 billion in Q1 FY2027 revenue (up 85.2% YoY) and Q2 guidance of $91 billion. On growth-adjusted multiples, NVIDIA stock screens as the most reasonably valued of the three AI chip leaders.

The apparent contradiction is that NVIDIA stock carries the largest market cap at $4.77 trillion but also the lowest multiple. Evidently, the earnings scale has finally caught up to the share price.

SOXX Confirms the Sector Move The iShares Semiconductor ETF (NASDAQ:SOXX) is up 5% today, confirming a sector-wide rally rather than a single-name story. The ETF holds Marvell, Broadcom, and NVIDIA and carries a 0.34% expense ratio.

The concentration risk is worth noting with the SOXX ETF. The fund’s top holdings dominate the returns, so this ETF behaves as an amplified play on the same AI-infrastructure trade lifting its largest components today.

What to Watch Now Investors can watch for whether Marvell stock holds today’s 7% gain into the close, given the stock’s beta of 2.2 and recent volatility. A close at session highs would suggest that the oversold bounce has legs.

Discipline is crucial here, and investors should consider keeping their position sizes modest in high-beta AI names. Marvell’s next fundamental catalyst is the company’s Q2 FY2027 earnings, which will test whether the AI-infrastructure thesis can grow into the multiple.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Contact [email protected] for any questions or corrections.

Artificial intelligence (AI) continues to be one of the driving themes in the stock market. However, the stocks of hyperscalers (owners of large data centers) have often traded very differently from those of AI infrastructure players during this tech bull market.

AI infrastructure stocks have received the most love from investors, as makers of chips, servers, and networking hardware have been huge beneficiaries of the spending to build data centers. At the same time, the hyperscalers that are doing much of that construction often get punished for spending so much on this AI infrastructure. However, the relationship between AI hardware companies and hyperscalers is ultimately symbiotic. If hyperscalers don't get strong returns on their AI infrastructure spending, they will cut back on it. If that happened, the AI infrastructure stocks would take a big hit, as it would greatly impact their revenue and earnings.

With that in mind, let's consider which group of AI stocks looks like the better buy now.

Hyperscalers: The big spenders The category of hyperscalers is led by the big three cloud computing companies: Amazon, Microsoft, and Alphabet. All three share some common traits. In addition to their fast-growing cloud computing units, they also have other strong businesses, such as e-commerce (Amazon), search (Alphabet), and enterprise software (Microsoft).

They also all generate boatloads of operating cash flow that helps them pay for their AI infrastructure spending. When they cut back on their AI data center spending, they will start generating strong free cash flow again as well.

Meta Platforms, which is spending big on AI infrastructure mostly for its own internal use, is also considered a hyperscaler. It has been seeing strong revenue growth in its core social media advertising business, thanks in part to its AI spending, and it recently announced it may enter the cloud computing business by renting out any data center capacity it has that it's not utilizing.

Image source: Getty Images.

AI infrastructure players: The pick-and-shovel plays Hyperscalers' spending is driving strong revenue growth among AI infrastructure companies. Nvidia has been the biggest beneficiary, as its graphics processing units (GPUs) are the most commonly used parallel processors for AI model training. Advanced Micro Devices, meanwhile, has started to gain momentum. The rising volume of inference workloads has lifted demand for its chiplet GPUs, and the outlook for agentic AI demand has data center operators scooping up its CPUs, too. Cerebras Systems, which just went public in May, also has a unique chip offering for inference that could shake up the industry, although right now it's more of a premium, niche solution. Intel and Arm Holdings, on the other hand, are looking toward the data center CPU market to drive strong growth in the coming years.

Both Broadcom and Marvell are benefiting by helping big tech clients design their own custom AI chips, as well as by supplying data center networking and interconnects. These are fast-growing markets that are becoming more important as the sizes of AI chip clusters grow.

Then, of course, there are the memory makers. Micron has been a big winner from the AI build-out, as high-end processors need to be packaged with a special form of dynamic random-access memory (DRAM) called high-bandwidth memory (HBM), and soaring demand for HBM has caused a DRAM shortage, lifting prices and driving strong revenue growth and margin expansion for the companies that sell it. A similar dynamic is also playing out with flash memory (NAND) -- the AI infrastructure build-out has sent demand for massive flash-based solid-state drives (SSDs) soaring. This has led to Sandisk's revenue and gross margins surging.

The verdict While AI infrastructure stocks have been getting most of the love from investors so far, ultimately, it is the hyperscalers that have two ways to win. If they keep getting nice returns on their capex spending, then they will continue to spend and see rapid growth. Meanwhile, they have the option to cut back on their AI infrastructure outlays, which would lead to them generating massive free cash flow. This is why I actually prefer this group.

Among this group, I really like Alphabet and Amazon, since both also enjoy cost advantages from using their own custom AI chips. That said, Meta Platforms and Microsoft also look undervalued.

At the same time, I still think the AI infrastructure players can perform well. Nvidia remains the king of the AI chip space, and I really like the setups for AMD and Broadcom. I also think the market may be underestimating the longevity of the memory supercycle that Micron is enjoying.

Geoffrey Seiler has positions in Advanced Micro Devices, Alphabet, Amazon, Broadcom, and Meta Platforms. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Arm Holdings, Broadcom, Intel, Marvell Technology, Meta Platforms, Micron Technology, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.

© "DSC00411-DSC00512_-_ZS-retouched-1" by FritzchensFritz is marked with CC0 1.0. To view the terms, visit https://creativecommons.org/publicdomain/zero/1.0/.

Broadcom (NASDAQ:AVGO | AVGO Price Prediction) and Marvell Technology (NASDAQ:MRVL) both sell custom AI silicon and networking chips to hyperscalers. Broadcom trades near $370, roughly 25% below its 52-week high after a Google diversification scare. Marvell has quietly tripled off spring lows. The businesses tell very different stories.

Broadcom Posts Records While Marvell Reaccelerates Broadcom’s Q2 FY2026 landed at $22.19 billion in revenue, up 47.9% year over year, with AI semiconductor revenue of $10.80 billion, up 143%. Free cash flow ran at 46% of revenue, remarkable at this scale. CEO Hock Tan told investors that “the momentum continues and in Q3 we expect semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion.” That is a step function.

Marvell delivered $2.42 billion in revenue, up 27.6%, with the data center segment doing $1.83 billion, or 76% of the total. Matt Murphy called out “exceptional AI-related bookings” and guided Q2 to $2.70 billion, roughly 35% growth.

Business Driver Broadcom Marvell Main Growth Engine Custom XPUs, Ethernet AI networking 800G/1.6T optics, custom XPU-attach AI Revenue (Latest Q) $10.8B $1.83B data center Adjacent Business VMware software ($7.18B) Post-auto-ethernet pure play Cash Machine Versus Comeback Story Broadcom monetizes scale with 67% non-GAAP operating margins guided into Q3 and multi-year custom-silicon commitments from Meta, Anthropic, and OpenAI, including the co-developed “Jalapeño” inference chip. Marvell is reshaping itself: it sold automotive ethernet to Infineon for $2.5 billion, then bought Celestial AI for photonic fabric and XConn for chiplet connectivity, and raised $2.0 billion in convertible preferred to fund the pivot.

Capital return follows the same logic. Broadcom runs a $10 billion buyback and pays a $0.65 quarterly dividend. Marvell repurchased $200 million and pays a token $0.06.

Customer Concentration Is the Real Test The bear case on Broadcom is that Google could shift some custom TPU volume toward cheaper designers like MediaTek. That fear carved the 25% discount off the $494.18 52-week high. Keep an eye on Q3 AI revenue landing at or above $16 billion, and on Marvell’s next data center earnings report, where the 800G to 1.6T optics ramp must show through.

Why Broadcom Looks Better at This Price You are paying a forward P/E near 19 for a business compounding AI revenue triple digits with 46% free-cash margins and named commitments from Meta, Anthropic, and OpenAI. Marvell’s optical scale-up thesis is compelling, but at a forward P/E near 61 and after a 171% year-to-date run, you are underwriting significant upside. If custom silicon consolidates around fewer designers, Broadcom’s incumbency looks structural. If Google splits its TPU work three ways, I will revisit.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.