Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 2.7% to trade at $88.13 at last glance, brushing off today's headwinds , though it was earlier on track for its seventh loss in nine days.
Increasing adoption of AI workloads across hyperscale and enterprise markets is likely to have boosted MRVL's data center revenue growth in the fourth quarter.
AI-driven data center growth, networking recovery and automotive stability are likely to have driven MRVL's financial performance in the fourth quarter.
Marvell Technology (MRVL) stock price has crashed for three consecutive days, reaching a low of $86.30, its lowest level since November 4. MRVL has plunged by over 27% from its highest level this year.
Marvell Technology is set to report Q4 and FY 2025 earnings on March 5th, with expectations of strong AI-driven growth. In 2025, Marvell is well-positioned in high-growth areas like AI, data centers, and advanced connectivity, supported by robust hyperscaler CAPEX spending. Analysts project significant revenue and EPS growth through FY 2027, with shares trading at attractive valuations.
The heavy selling pressure might have exhausted for Marvell (MRVL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Beyond analysts' top -and-bottom-line estimates for Marvell (MRVL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
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 (MRVL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marvell Q4 Preview: XPU Architecture With Integrated Co-Packaged Optics
Marvell Technology leads the industry in designing advanced 2nm and 3nm chips for data centers, and has had significant revenue growth from this sector. Despite strong data center performance, Marvell faces declining revenues from other sectors, particularly cellular infrastructure, impacting overall growth. The company's current valuation appears significantly overvalued based on a DCF model, suggesting caution for investors.
Marvell Technology (MRVL 3.50%) stock posted gains in Wednesday's trading thanks to bullish coverage from an analyst. The company's share price ended the day up 3.5% amid a 0.2% gain for the S&P 500 (^GSPC 0.24%) and a flat day of trading for the Nasdaq Composite (^IXIC 0.07%).