Marvell Technology's collaboration with Amazon's AWS on Trainium chips boosts its AI infrastructure potential, making it an interesting investment consideration despite high valuation concerns. The company's third-quarter FY 2025 data center revenue increased 98% year-over-year, highlighting strong AI market demand. Despite restructuring charges impacting GAAP profitability, its non-GAAP EPS beat estimates, showing significant business model leverage and potential for future profitability.
In the latest trading session, Marvell Technology (MRVL) closed at $112.80, marking a +1.97% move from the previous day.
Marvell (MRVL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Marvell Technology (MRVL) closed at $113.56 in the latest trading session, marking a +0.62% move from the prior day.
Marvell (MRVL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Does Marvell Technology (MRVL) have what it takes to be a top stock pick for momentum investors? Let's find out.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Marvell Technology (MRVL) closed the most recent trading day at $123.75, moving -0.81% from the previous trading session.
Marvell Technology stands out as a leader in the transition to custom silicon AI, offering efficient and cost-effective solutions. With data center products comprising 73% of Q3 revenue and a 98% YoY growth in this segment, Marvell's focus on AI and can benefit from it significantly. While trading at a premium valuation (P/E of 80x), Marvell's strong growth prospects and narrowing valuation gap compared to peers suggest significant upside potential.
Marvell (MRVL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wealth management companies have loaded up on Marvell Technology Inc.'s MRVL shares in the fourth quarter as it achieved a significant milestone with its new chip. Technical analysis of daily moving averages indicates a strong bullish uptrend.