Marvell Technology, Inc. (MRVL)
Marvell Technology Price Levels to Watch as Stock Soars After Strong Earnings
Marvell Technology (MRVL) jumped in premarket trading Wednesday after the chipmaker posted strong quarterly results and issued a rosy outlook amid robust demand for its custom AI chips.
These Analysts Increase Their Forecasts On Marvell Technology After Upbeat Results
Marvell Technology Inc. MRVL reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates on Tuesday.
Marvell shares surge on AI chip demand, forecasts strong Q4
Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks.
Marvell Technology Q3: Accelerating Growth Ahead
I reiterate a ‘Strong Buy' rating for Marvell Technology with a one-year target price of $130 per share due to robust growth in custom silicon solutions. Marvell's expanded partnership with Amazon AWS, including custom AI products and Ethernet switching silicon, strengthens its position in the AI computing market. Marvell reported 98% year-over-year growth in its data center business, driven by custom silicon ramp-up, with data centers now representing 72.6% of total revenue.
Marvell Technology, Inc. (MRVL) Q3 2025 Earnings Call Transcript
Marvell Technology, Inc. (NASDAQ:MRVL ) Q3 2025 Earnings Conference Call December 3, 2024 4:45 PM ET Company Participants Ashish Saran - Senior Vice President, Investor Relations Matt Murphy - Chairman & Chief Executive Officer Willem Meintjes - Chief Financial Officer Conference Call Participants Vivek Arya - Bank of America Ross Seymore - Deutsche Bank Harlan Sur - JPMorgan Toshiya Hari - Goldman Sachs Blayne Curtis - Jefferies Tom O'Malley - Barclays Mark Lipacis - Evercore Tore Svanberg - Stifel CJ Muse - Cantor Fitzgerald Chris Caso - Wolfe Research Atif Malik - Citi Srini Pajjuri - Raymond James Operator Good afternoon, and welcome to Marvell Technology, Inc. Third Quarter of Fiscal Year 2025 Earnings Conference Call. All participants will be in listen-only mode.
Marvell (MRVL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Marvell (MRVL) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Marvell Technology (MRVL) Q3 Earnings and Revenues Surpass Estimates
Marvell Technology (MRVL) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.41 per share a year ago.
Marvell's stock rises on strong AI demand, but this trend may be just as big
Marvell's results signal a gradually healthier business that's about more than just the AI boom.
Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand
Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, betting on robust demand for its custom artificial intelligence chips from businesses adopting booming generative AI technology.
Marvell (MRVL) Stock Jumps 9% After Hours – Here's What Investors Like
Here are a few notable comments from Marvell's third-quarter earnings release: “Marvell's fiscal third quarter 2025 revenue grew 19% sequentially, well above the mid-point of our guidance, driven by strong demand from AI.
Amazon Web Services Mix Of Marvell And Trainium Still Trails Nvidia: Analyst
On Monday, Amazon Web Services (AWS) and Marvell Technology, Inc MRVL announced an expanded relationship for AI and data connectivity products.
Marvell Stock Builds Momentum Ahead Of Q3 Earnings
Marvell Technology Inc MRVL will be reporting its third-quarter earnings on Tuesday. Wall Street expects 41 cents in EPS and $1.46 billion in revenues as the company reports after market hours.
