Marvell Technology Inc. NASDAQ: MRVL is a leading semiconductor company in the computer and technology sector sector that designs and manufactures high-performance chips. They are a powerhouse when it comes to their largest market addressing data infrastructure solutions and data centers. While the company is a benefactor of the artificial intelligence (AI) boom and explosive growth in data centers, it may be perceived as one-dimensional, as evidenced by the 10% drop in shares in reaction to its fiscal Q1 2 ...

Monty Rakusen Investment summary My previous investment thought on Marvell Technology (NASDAQ:MRVL) (published in April 2024) was a buy rating because of my belief that the worst was over, and the business should start to see growth recovery in 2H25. I reiterate a buy rating for MRVL, as the path to an upcycle has become more visible after looking at the 1Q25 results. Management guidance and forward-looking comments were also very encouraging. There are also visible catalysts that suggest growth could f ...

Georgijevic/E+ via Getty Images Marvell Technology, Inc.'s (NASDAQ:MRVL) stock price has been on a roller coaster ride for the past three years with shares sliding from above $90 to about $35 in 2022 mostly as a result of the Fed aggressively tightening monetary policy. Then, May 2023 marked a recovery despite declining sales, driven mostly by the AI hype. Data by YCharts Now, AI has emerged as a key growth driver, but overall sales have been impacted by cyclicality, resulting in the stock being punished, b ...

The chipmaker sank following its latest quarterly report, but investors should not miss the silver linings.The semiconductor sector has done well in 2024, as evidenced by the 23% gains clocked by the PHLX Semiconductor Sector index this year. This rally also had a positive effect on shares of Marvell Technology (MRVL -2.68%).Then Marvell's rally came to a screeching halt with the May 30 release of its fiscal 2025 first-quarter results (for the three months ended May 4, 2024). The stock price fell 10% after ...

Marvell Technologies is still recovering from a cyclical slowdown that is causing revenue to decrease.Fool.com contributor Parkev Tatevosian reviews Marvell Technologies (MRVL -0.87%) and answers if it is an excellent semiconductor stock to buy. *Stock prices used were the afternoon prices of June 1, 2024. The video was published on June 3, 2024. ...

Have you evaluated the performance of Marvell Technology's (MRVL) international operations during the quarter that concluded in April 2024? Considering the extensive worldwide presence of this chipmaker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journ ...

Marvell Technology (MRVL) closed the last trading session at $68.81, gaining 0.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $87.94 indicates a 27.8% upside potential.The average comprises 28 short-term price targets ranging from a low of $71 to a high of $100, with a standard deviation of $7.83. While the lowest estimate indicates an increase of 3.2% from the current price le ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 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) Delaware 85-3971597 (State or other jurisdic ...

Marvell Technology, Inc. (NASDAQ:MRVL) Q1 2025 Earnings Conference Call May 30, 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 Securities Timothy Arcuri - UBS Chris Caso - Wolfe Research Karl Ackerman - BNB Paribas Tom O'Malley - Barclays Quinn Bolton - Needham Ross Seymore - Deutsche Bank Blayne Curtis - Jeffe ...

Marvell Technology (MRVL) reported $1.16 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 12.2%. EPS of $0.24 for the same period compares to $0.31 a year ago.The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +4.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...