Marvell Technology remains a buy, with 24%-56% upside, driven by AI growth and accelerating optics solutions. MRVL's Celestial AI acquisition enhances high-speed optical data transfer, with material revenue ramp expected in 2H FY28. Consensus expects Q1 FY27 revenue of $2.4B (+27%) and EPS of $0.80 (+28.3%), with strong estimate revisions and a solid beat track record.
SNDK is riding AI-driven NAND and enterprise SSD demand, with a sharp margin outlook jump and data centers reshaping storage buying.
Oppenheimer analyst Rick Schafer described the chips and networking company as “the Switzerland of interconnect.”
Marvell Technology (MRVL) closed at $133.8 in the latest trading session, marking a +1.9% move from the prior day.
The artificial intelligence boom keeps reshaping semiconductors.
In the closing of the recent trading day, Marvell Technology (MRVL) stood at $131.28, denoting a +2.17% move from the preceding trading day.
We upgrade our rating on Marvell Technology to a Strong Buy, driven by robust Data Center segment growth and improved profitability. Marvell's Data Center revenue, comprising 74% of total sales, grew 46% YoY, led by interconnects and custom AI accelerators, with continued strong guidance through FY2027. Interconnects and custom AI accelerators are expected to drive a 5-year forward growth rate of 34%, supported by hyperscaler partnerships and a broad connectivity portfolio.
Shares of Marvell Technology surged on Friday, hitting its all-time high as investor enthusiasm around artificial intelligence infrastructure and optical networking gathered pace. The stock rose more than 8% to hit a new high of $129.84, and closed at $128.49, marking its first record finish since January 23, 2025, according to Dow Jones Market Data.
The narrative around Marvell is refocusing around the company's optical business.
MRVL's AI XPU wins surge as hyperscaler demand drives a $75B pipeline and deeper NVIDIA ties, fueling growth in custom silicon and data centers.
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.
Marvell Technology stock has more than doubled in the past 12 months and its optical-networking technology is reason to back it to go further, according to Barclays.