Core Insights - Financial giants are showing a bullish sentiment towards Marvell Technology, with 45% of traders being bullish and only 27% bearish, indicating a strong interest in the stock [1] - The major market movers are focusing on a price range between $55.0 and $160.0 for Marvell Tech over the last three months, suggesting significant trading activity within this band [2] - The mean open interest for Marvell Tech options trades is 4,107.76, with a total volume of 6,086.00, reflecting healthy liquidity and interest in the options market [3] Options Activity - Recent options activity shows a mix of neutral and bullish sentiments, with notable trades including calls with total trade prices of $672,000 and $578,500, indicating strong demand for upward price movement [8] - The options trading data highlights a variety of strike prices, with significant volumes associated with calls, suggesting traders are positioning for potential price increases [8] Company Overview - Marvell Technology is a fabless chip designer with a strong focus on wired networking, holding the second-highest market share in this sector, and serves multiple end markets including data centers and automotive [9] - Professional analysts have provided ratings for Marvell Tech, with an average target price of $106.8, indicating a generally positive outlook among experts [10][11] - The current stock price of MRVL is $101.87, reflecting a 1.67% increase, with upcoming earnings expected in 90 days [13]

The market has finally spoken, and like I highlighted in my last update, the AI boom wouldn't elude the grasp of Marvell Technology, Inc. (JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He h ...

Core Insights - The AI boom is positively impacting Marvell Technology, Inc. as highlighted in recent updates [1] Group 1: Analyst Profile - The analyst is recognized as a Top Analyst by TipRanks and Seeking Alpha, focusing on technology, software, and internet sectors [1] - The investment strategy emphasizes identifying attractive risk/reward opportunities with robust price action to generate alpha above the S&P 500 [1] - The analyst avoids overhyped stocks and targets beaten-down stocks with significant recovery potential [1] Group 2: Investment Strategy - The investment group, Ultimate Growth Investing, specializes in high-potential opportunities across various sectors [1] - The focus is on growth stocks with strong fundamentals, buying momentum, and turnaround plays at attractive valuations [1] - The investment outlook is typically 18 to 24 months for the thesis to materialize [1]

Brown Advisory, an investment management company, released its “Brown Advisory Large-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned -0.88% (net) during the third quarter, underperforming the benchmark, the Russell 1000 Growth Index. Even though the portfolio has significant exposure to AI, its underweight to the most speculative momentum-driven parts of the trade was a headwind to performance. In addition, please check the fund’s t ...

来源：美股研究社 11月2日，Marvell Technology (MRVL) 公布其2026财年第三季度财报，因业绩超预期，盘后股价上涨 8%。 尽管这家半导体龙头企业的市盈率约为33倍，较同行约24倍的远期市盈率存在38%的溢价，但分析师认 为其估值可能仍被低估。 最新季度业绩显示需求势头强劲，推动营收和利润实现双位数高增长。若AI驱动的增长持续，其估值 仍有扩张空间。 下面我们来看一下财报的具体内容： 营收20.7亿美元，同比增长37%，超出市场预期900万美元； 每股收益（EPS）0.76美元，同比增长77%，超出分析师预期0.02美元。 管理层指出，毛利率为59.7%，略低于去年同期的60.5%，但营业利润率从29.7%大幅提升至36.3%，抵 消了毛利率的疲软，凸显运营效率提升。若此趋势延续，公司估值溢价可能进一步扩大。 数据中心业务营收15.2亿美元，同比增长38%，印证AI需求强劲，主要受互连技术和定制芯片需求推 动。全球数据中心市场规模预计从2025年的2700亿美元增长至2032年的5850亿美元（年复合增长率 11.7%），MRVL有望成为核心受益者。 通信与其他业务营收5.57亿美元 ...

【如需和我们交流可扫码添加进社群】 下面我们来看一下财报的具体内容： 营收20.7亿美元，同比增长37%，超出市场预期900万美元； 每股收益（EPS）0.76美元，同比增长77%，超出分析师预期0.02美元。 管理层指出，毛利率为59.7%，略低于去年同期的60.5%，但营业利润率从29.7%大幅提升 至36.3%，抵消了毛利率的疲软，凸显运营效率提升。若此趋势延续，公司估值溢价可能进一 步扩大。 11月2日，Marvell Technology (MRVL) 公布 其 2026财年第三季度财报，因业绩超预期， 盘后股价上涨8%。 尽管这家半导体龙头企业的市盈率约为33倍，较同行约24倍的远期市盈率存在38%的溢价， 但 分析师 认为其估值可能仍被低估。 最新季度业绩显示需求势头强劲，推动营收和利润实现双位数高增长。若AI驱动的增长持续， 其估值仍有扩张空间。 数据中心业务营收15.2亿美元，同比增长38%，印证AI需求强劲，主要受互连技术和定制芯片 需求推动。全球数据中心市场规模预计从2025年的2700亿美元增长至2032年的5850亿美元 （年复合增长率11.7%），MRVL有望成为核心受益者。 通信 ...

Market Analysis by covering: Marvell Technology Inc, Analog Devices Inc, Micron Technology Inc, Advanced Micro Devices Inc. Read 's Market Analysis on Investing.com ...

Core Viewpoint - Wall Street analysts expect Marvell Technology (MRVL.US) to experience substantial growth over the next two years, driven by the increasing demand for customized AI ASIC chips in large AI data centers as global AI infrastructure expands rapidly [1][2]. Financial Performance - Marvell's Q3 FY2026 earnings report exceeded Wall Street's expectations, with a revenue forecast for Q4 of approximately $2.2 billion, significantly higher than the analyst average of $2.18 billion [2]. - The company projects a Non-GAAP EPS range of $0.74 to $0.84, with a Non-GAAP gross margin expected between 58.5% and 59.5% [2]. - Management anticipates total revenue of around $10 billion for the next fiscal year, with a 25% growth in data center business revenue [2]. Market Dynamics - The surge in generative AI has accelerated the development of AI chips by cloud computing and chip giants, with Marvell and its competitor Broadcom focusing on customized AI ASIC solutions for major cloud providers like Amazon and Google [3]. - The AI ASIC market is witnessing explosive growth, with significant investments from companies like Meta and Anthropic in AI infrastructure [3]. Analyst Sentiment - Analysts have raised their target prices for Marvell, with Morgan Stanley increasing its target from $86 to $112, citing a realistic 20% growth rate for 2026 and a remarkable 100% growth for 2027 [4][5]. - Jefferies analyst Blayne Curtis noted that confidence in Marvell's customized ASIC chip business is rising, with expectations of a 20% growth next year and strong order backlog [5]. - Analysts from Needham and other firms have also raised their target prices significantly, indicating a strong outlook for Marvell's revenue growth in the semiconductor industry [6].

Core Viewpoint - Marvell Technology (MRVL.US) anticipates revenue of approximately $10 billion for the next fiscal year, supported by an organic growth plan, with expectations for sequential growth each quarter and stronger growth in the second half of the year [1][2] Revenue Projections - The custom ASIC business is expected to grow by about 20% in the next fiscal year, with projections to double by fiscal year 2028 compared to fiscal year 2027 [1][2] - The interconnect business is projected to continue growing at a rate that exceeds capital expenditures [1][2] - Other segments of the data center business, including storage and switching, are expected to grow by 10% in fiscal year 2028, leading to an overall data center business growth rate of nearly 40% in that year [1][2] - The compound annual growth rate (CAGR) for the data center business since 2023 is approximately 50% [1][2] Long-term Growth Drivers - Assuming communication and other businesses grow at GDP rates, Marvell's total revenue growth rate for fiscal year 2028 is estimated to be around 30% [1][2] - Growth drivers such as Celestial AI are expected to start contributing from fiscal year 2028 and further accelerate in fiscal year 2029 and beyond [1][2] AI and Product Development - Marvell has secured orders for next-generation 3nm and 2nm XPU products, with a strong product pipeline and visibility [3] - Revenue targets for Celestial AI, including $500 million and $1 billion, are based on the overall business, with initial revenue expected from PF small chips [3][4] - The collaboration with a leading customer is crucial for driving initial growth, with significant interest in the photonics transition within data centers [4] Custom Business Insights - The custom business is projected to have a solid growth base of 20%, with strong order reserves and expected acceleration in the second half of the year [5] - Long-term guidance is provided due to the multi-year cycle of AI infrastructure development, enhancing confidence in achieving future revenue targets [5] Strategic Partnerships - The extension of a warrant agreement with Amazon for 1 million shares related to photonic architecture indicates a strong partnership, with significant potential for collaboration [6] - The optical business is driven by AI and AI accelerators, with growth expected to exceed capital expenditures [6] System-Level Solutions - Marvell aims to provide comprehensive rack-level solutions, integrating various optical interconnect technologies, while maintaining a vision for system-level capabilities [7] - Current forecasts do not include system-level revenue, but the strategy emphasizes a holistic approach rather than isolated solutions [7]

3 December 2025 | 12:48AM EST Equity Research Marvell Technology Inc. (MRVL): Improved DC outlook with higher visibility; announces Celestial AI acquisition Key stock takeaways: We expect the stock to trade higher following a more constructive outlook for Marvell's Datacenter ramp in CY26, driven by improved visibility in custom compute revenue. Marvell guided CY27 Datacenter revenue to grow 40% YoY, with custom compute revenue growing 100% YoY. The company also announced the acquisition of Celestial AI, br ...