MRVL's second-quarter performance is likely to have been negatively impacted by a weak demand environment and ongoing inventory correction.
Marvell Technology's data-center business is benefiting big time from the growing adoption of AI. The chipmaker is expecting a recovery in other end markets that haven't been performing well of late.
Marvell Technology (MRVL) is set to report second-quarter results for fiscal 2025 after the bell Thursday, with investors likely to be watching for signs the semiconductor tech company could be poised for a turnaround in sales and updates on its artificial intelligence (AI) initiatives.
Evaluate the expected performance of Marvell (MRVL) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
AI-driven Data Center has been the lone bright spot for Marvell, as the rest of the business has been hit hard by the cyclical semiconductor correction. I see some room for upside in the coming FQ2 report from strong demand for electro-optics and custom ASIC launches, but the non-data center businesses will be down meaningfully year-over-year. The company's focus on electro-optics and custom silicon positions it well for AI growth, with potential revenue growth of 15%-20% or higher over the next five years.
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.
I.T. sector P/E recovers back near 30x, driven by optimism around AI trade. Marvell Technology is seen benefiting from AI in the years ahead, with the potential for AI to represent 40% of revenue by FY 2026. Marvell's valuation and earnings outlook remain uncertain, with a hold rating recommended for now.
While the long-term outlook for Marvell (MRVL) remains bright, the near-term challenges associated with export restrictions and the stock's high valuation warrant a more cautious approach.
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 (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.
This bear call spread wins if MRVL drops, goes sideways or even if it jumps 15%.
Marvell (MRVL) shares have dipped more than 8% this month so far due to the impact of more restrictions by the U.S. government on limiting China's access to advanced AI chips.