MRVL Stock Recent News

Live Updates Live Coverage Has Ended Conference Call is Starting Now 5:07 pm by Joel South Broadcom’s conference call is starting now. You can listen in here if you’d like. The stock is currently down 3.4%. However, it’s worth noting that almost every major stock reporting tonight is seeing red after-hours. Lululemon is down 22%, DocuSign is down 16%, and Rubrik jumped 6% after its earnings were released. However, its shares are now flat. Translation: After a furious two-month stock market rally, investors expectations for what companies should be delivering has risen. If any material news impacts Broadcom’s share price during its conference call we’ll post an update. One Standout Figure from Broadcom's Earnings 4:41 pm by Eric Bleeker One figure to pay attention to is that Broadcom is guiding to AI revenue next quarter of $5.1 billion, that’s above Wall Street’s expectations of $4.8 billion. Keep in mind that Broadcom’s stock has mo

Marvell Technology, Inc. is relatively cheap, but not worth buying at current levels; we maintain Sell rating on the stock. Street expectations for Marvell's AI revenue growth are unrealistically high for 40% Y/Y growth and scaling its custom AI ASIC business will come at cost of margins. Gross margins are under pressure due to the expansion of the lower-margin ASIC business, and its other two recovering segments are not strong enough to offset this contraction.

Marvell Technology's shift toward an advanced 2.5D packaging platform and high demand for Custom AI Silicon chips are set to drive the revenues.

Rosenblatt analyst Mike Genovese is questioning how successful Ciena CIEN will be over the next one to five years, taking on companies like Marvell Technology MRVL and Broadcom Inc AVGO.

Marvell's stock is deeply undervalued, trading at a forward P/E of 15 despite strong AI leadership and robust growth prospects in the ASIC segment. Recent earnings beat expectations, with 63.8% YoY revenue growth and solid guidance, yet the stock remains well below Wall Street targets. Marvell offers significant upside potential, with price targets suggesting 40-100% gains and limited downside risk at current levels.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Shares of Marvell Technology (MRVL 1.57%) sank, despite the company once again displaying robust data center and artificial intelligence (AI) revenue growth, when it reported its fiscal Q1 earnings results on May 29. The stock is now down about 43% year to date, as of this writing.

Marvell Technology (MRVL 1.56%) stock has been hammered badly on the market so far this year, losing nearly 45% of its value as of this writing. That seems quite surprising, considering the company's outstanding growth thanks to the booming demand for its artificial intelligence (AI) chips.

Marvell Technology's MRVL shares have plunged 30.4% in the past three months, underperforming the Zacks Electronics - Semiconductors industry and its peers, including Broadcom AVGO, Qualcomm QCOM and Ambarella AMBA. While Broadcom shares have returned 32.7%, shares of Qualcomm and Ambarella have lost 5.1% and 4%, respectively, in the same time frame.

MRVL's 1Q FY2026 earnings topped estimates, and 2Q FY2025 outlook was largely in-line with consensus. Data Center revenue remains robust, with management expecting sustained strong demand for custom XPUs throughout the year. Its cyclical business segments, including enterprise networking and carrier infrastructure, continue to recover in 2Q FY2026, contributing to overall revenue growth.