Core Viewpoint - Marvell Technology (MRVL) has experienced a significant downtrend, with a 35.5% decline in stock price over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2]. - MRVL's current RSI reading is 29.91, suggesting that the heavy selling pressure may be exhausting, indicating a possible price rebound [5]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising earnings estimates for MRVL, with a 3.8% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6]. - MRVL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [7].

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Marvell Technology (MRVL) is currently highlighted as a recommended growth stock by the Zacks Growth Style Score system, which evaluates a company's genuine growth potential [2] - The stock has a favorable Growth Score and a top Zacks Rank, indicating strong investment potential [2] Group 2: Earnings Growth - Marvell's historical EPS growth rate stands at 16.4%, but the projected EPS growth for this year is significantly higher at 75.1%, surpassing the industry average of 19.8% [4] Group 3: Cash Flow Growth - Marvell's year-over-year cash flow growth is currently at 2.7%, which is notably better than the industry average of -10.4% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 14.7%, compared to the industry average of 9.6% [6] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Marvell, with the Zacks Consensus Estimate for the current year increasing by 3.8% over the past month [8] Group 5: Investment Positioning - Marvell has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the growth stock category [10]

Core Insights - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The Zacks Style Scores are designed to complement the Zacks Rank, providing additional metrics to help investors identify stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating a better chance of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors seeking undervalued opportunities [3] Growth Score - The Growth Score emphasizes a company's financial health and future potential, analyzing projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [4] Momentum Score - The Momentum Score leverages trends in stock price and earnings estimates to guide investors on optimal times to invest in high-momentum stocks [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential success [9] Company Spotlight: Marvell Technology - Marvell Technology, a fabless designer and developer of integrated circuits, holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong investment potential [11] - The company is projected to achieve year-over-year earnings growth of 75.2% for the current fiscal year, supported by upward revisions in earnings estimates from analysts [12]

Core Viewpoint - Marvell Technology's recent earnings report led to a significant decline in its stock price, raising questions about whether this presents a buying opportunity or signals further losses [2][3]. Financial Performance - Marvell reported revenue of $1.82 billion for the quarter ended February 1, marking a 27% year-over-year increase, which is an acceleration compared to previous growth rates [3]. - The company forecasts revenue of approximately $1.88 billion for the current quarter, which is only slightly above the previous quarter's revenue and below analysts' expectations of $2 billion [5]. Market Conditions - The stock closed at $65.67, down 27% from the earnings report, and has fallen over 40% in the past month due to concerns over tariffs and trade wars [2][6]. - Marvell's stock would need to drop another 19% to reach its 52-week low of $53.19, and it is currently trading at a forward P/E multiple of less than 24, which is slightly cheaper than the average in the Technology Select Sector SPDR Fund at 25 [6][7]. Profitability Concerns - Despite posting a profit of $200 million in the last quarter, Marvell has faced profitability challenges, incurring a net loss of $885 million over the past 12 months on revenue of $5.8 billion [8]. - The company is particularly vulnerable to rising costs and revenue impacts due to trade tensions with China, a key market for Marvell [8]. Investment Outlook - There are significant concerns regarding the valuation of Marvell and other AI stocks, with the potential for further declines depending on the trade war's developments [9]. - If investors are willing to accept some risk and exercise patience, Marvell may still represent a good buying opportunity, especially given its efficient scaling and recent profitability [10]. - A substantial recovery in Marvell's stock price may not occur until trade war threats diminish, but it could be a viable long-term investment in the AI sector [11].

Key Takeaways A stock market selloff was due. Now it's time to buy into weakness on AI stocks Marvell Technology, Inc. (MRVL) is a leader in data infrastructure semiconductor solutions Marvell's upbeat earnings outlook earns it a Zacks Rank #1 (Strong Buy) MRVL is trading at decade-long lows in terms of its PEG ratio even though the stock has climbed 335%A stock market selloff was due after the post-Trump election euphoria sent artificial intelligence stocks and other growth areas skyrocketing. Those mas ...

Marvel Announces First of Two Final Data Sets from Rett Syndrome Study: MB-204 Significantly Outperforms TrofinetideMarch 13, 2025 7:00 AM EDT | Source: Marvel Biosciences Corp.Calgary, Alberta--(Newsfile Corp. - March 13, 2025) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the "Company" or "Marvel"), is pleased to share part of the final data from its preclinical Rett syndrome study conducted in collaboration wi ...

Core Viewpoint - Marvell Technology's recent fiscal Q4 results showed strong revenue and earnings growth, but the stock experienced a significant sell-off, which may present a buying opportunity for investors focusing on the company's long-term growth potential in the AI chip market [1][4][11]. Financial Performance - Marvell's fiscal Q4 revenue increased by 27% year over year to $1.82 billion, with non-GAAP net income rising by 30% to $0.60 per share, both exceeding consensus estimates [4]. - The company provided guidance for Q1 revenue at a midpoint of $1.88 billion, indicating a year-over-year increase of 62%, although it fell short of the higher end of analysts' expectations of $2 billion [4]. - Marvell expects its earnings to jump by 2.5 times year over year in the current quarter to $0.61 per share, reflecting strong growth projections [5]. Market Dynamics - The sell-off in Marvell's stock appears to be an overreaction, as the company is well-positioned to sustain growth driven by demand for application-specific integrated circuits (ASICs) in AI servers [6]. - Major tech companies like Amazon, Microsoft, and Google are increasingly using Marvell's custom AI processors to reduce reliance on Nvidia, highlighting the competitive advantage of Marvell's products [7]. Customer Demand - Marvell's AI customers have been increasing orders for custom processors, with expectations for continued high-volume purchases due to the launch of a new generation of processors [8]. - The data center business saw an impressive 88% revenue increase in fiscal 2025, with AI chip sales significantly exceeding Marvell's estimate of $1.5 billion, contributing to 75% of the company's total revenue last quarter [9]. Future Outlook - Marvell anticipates exceeding its $2.5 billion target in fiscal 2026 from AI chip sales, suggesting potential for growth beyond current analyst expectations [10]. - The company finished the latest fiscal year with earnings of $1.57 per share, with projections indicating earnings could reach $4.65 per share in three years, potentially leading to a stock price increase of 70% from current levels [12][13].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40357 MARVELL TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

证券研究报告 迈威尔科技 (MRVL US) 指引符合预期，关注大客户 ASIC 项 目合作进展 | 华泰研究 | | | 年报点评 | | --- | --- | --- | --- | | 2025 年 | 3 月 | 11 日│美国 | 半导体 | Marvell 于 3/6 发布 4QFY25 财报，业绩发布后首个交易日公司股价下跌 19.8%，我们认为主因：1）业绩/下季度营收指引仅符合市场预期，公司 预计下季度数据中心收入环增中高个位数，增速有所放缓，不及市场乐观 预期；2）市场担忧其与大客户下一代项目合作的持续性。维持"增持"。 1QFY26 营收指引符合预期，预计数据中心业务环增中高个位数 公司 4QFY25 实现营收 18.17 亿美元，Non-GAAP 净利润 5.3 亿美元，符 合彭博一致预期的 18.0/5.2 亿美元，其中，数据中心业务受益：1）ASIC 项目进一步放量，2）800G 光模块 DSP 等订单保持旺盛，营收再创历史 新高达 13.66 亿美元（yoy+78%，qoq+24%）；运营商基础设施业务随下 游需求回暖环比有所改善。公司指引 1QFY26 营收 18.75 亿（ ...

Core Viewpoint - The article emphasizes that a HODL strategy may not yield significant alpha or maintain a high Sharpe ratio over the long term, suggesting that active management is essential for maximizing returns and minimizing opportunity costs [1]. Group 1: Investment Strategy - The company advocates for active management in investment strategies to achieve high positive returns, indicating that merely seeking high returns does not equate to generating high alpha [1]. Group 2: Analyst Background - The analyst has a strong educational background with a degree in Business Economics from UCLA and a Master of Accounting from UMich Ross School of Business, indicating a solid foundation in financial analysis [1]. - The analyst is currently a senior analyst at a multi-strategy hedge fund, which suggests experience in diverse investment strategies [1].