Marvell Technology (MRVL) concluded the recent trading session at $77.79, signifying a -2.13% move from its prior day's close.
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.
Marvell Technology is rated a buy, driven by its strategic pivot to architecting optical interconnects for next-gen AI clusters via Celestial AI and XConn acquisitions. MRVL's defensible tech moat is built on integrating photonic fabrics and advanced CXL switching, targeting the Memory Wall and enabling superior data center scalability. Key risks include custom compute market share erosion to lower-cost competitors, hyperscaler vertical integration, and execution risks in integrating $3.79B of acquisitions.
Marvell Technology Q4 2026 Preview: Cooling Growth And Guidance Makes Sense
Marvell Technology, Inc. remains a Buy despite recent underperformance and a 25%+ decline over the past year. The market now questions its gains from the AI boom. Marvell stock trades at a discounted 24x forward P/E versus Broadcom's 32x, with much of the downside likely priced in. Data center revenue now comprises nearly 75% of Marvell's base; Celestial AI acquisition could drive material growth by 2028.
Marvell Technology remains a Buy, supported by strong revenue growth, margin expansion, and PO-backed visibility into FY 2027 for custom programs. Marvell trades at ~23x FY 2027 EPS, offering a more reasonable AI valuation versus peers, with potential for multiple expansion and limited downside risk barring execution missteps. Data center revenue growth is robust (~38% YoY), with diversification across custom ASICs, optics, retimers, and switches, though AI cycle concentration and customer reliance remain watchpoints.
Marvell Technology is reiterated as a 'Buy' ahead of its Q4 earnings, with attractive growth-adjusted valuation and technical support near current levels. Q3 results showed robust AI-driven data center demand, 37% YoY revenue growth, and strong operating cash flow, though data center growth lags some peers. MRVL's valuation remains compelling, trading over 20% below a $105 target (30x $3.50 EPS), with a low 0.69 forward PEG ratio.
Marvell Technology (MRVL) concluded the recent trading session at $78.28, signifying a -3.77% move from its prior day's close.
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Marvell Technology (NASDAQ:MRVL) is presently the most undervalued infrastructure investment in the AI semiconductor industry. Over the last year, its stock has decreased by approximately 27%, while Broadcom has increased about 46%, and Nvidia has seen gains of over 40%.
Marvell Technology slides 8% in three months as revenue growth slows, but AI partnerships and an 81% EPS growth outlook complicate the buy, hold or sell call.