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Marvell's stock sinks on earnings, showing Wall Street's harsh view of AI plays
MarketWatch· 2025-03-05 21:35
Core Viewpoint - Marvell Technology Inc. reported better-than-expected results and guidance, but the stock did not respond positively, indicating a tougher scrutiny from Wall Street on artificial intelligence-related companies [1] Financial Performance - The company anticipates revenue of $1.875 billion for its fiscal first quarter, which is slightly above the FactSet consensus estimate of $1.865 billion [1]
Marvell Technology(MRVL) - 2025 Q4 - Annual Results
2025-03-05 21:09
Exhibit 99.1 Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2025 Financial Results Santa Clara, Calif. (March 5, 2025) - Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended February 1, 2025. Net revenue for the fourth quarter of fiscal 2025 was $1.817 billion, $17.0 million above the mid-point of the Company's guidance provided on December 3, 2024. GAAP net inco ...
Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2025 Financial Results
Prnewswire· 2025-03-05 21:05
Core Insights - Marvell Technology, Inc. reported a record fourth-quarter revenue of $1.817 billion, representing a 20% sequential increase and a 27% year-over-year growth, driven by strong performance in the data center market [4][10][30] - For fiscal year 2025, the company achieved net revenue of $5.767 billion, with a GAAP net loss of $(885.0) million, while non-GAAP net income was $1.377 billion [3][19] - The company anticipates first-quarter revenue growth of over 60% year-over-year for fiscal 2026, indicating a strong outlook for the upcoming year [4][27] Financial Performance - Fourth-quarter GAAP net income was $200.2 million, or $0.23 per diluted share, while non-GAAP net income was $531.4 million, or $0.60 per diluted share [2][10] - Fiscal 2025 saw a GAAP net loss of $(885.0) million, translating to $(1.02) per diluted share, contrasted with a non-GAAP net income of $1.377 billion, or $1.57 per diluted share [3][24] - Operating cash flow for the fourth quarter was $514.0 million, contributing to a total of $1.68 billion for the fiscal year [4][19] Market Segmentation - The data center segment accounted for 75% of total revenue in the fourth quarter, with a year-over-year growth of 78% [30] - Other segments included enterprise networking (9% of revenue), carrier infrastructure (6%), consumer (5%), and automotive/industrial (5%) [30] - The company has secured multiple new design wins, particularly in custom AI silicon programs, which are expected to drive future growth [4][29] Future Outlook - Marvell expects first-quarter net revenue to be approximately $1.875 billion, with GAAP gross margin around 50.5% and non-GAAP gross margin expected to be about 60% [11][27] - The company plans to maintain a focus on its custom AI silicon programs and interconnect products, which are anticipated to contribute significantly to revenue growth [4][29]
Buy the Dip on This Semiconductor Stock
Schaeffers Investment Research· 2025-03-04 17:46
Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 2.7% to trade at $88.13 at last glance, brushing off today's headwinds, though it was earlier on track for its seventh loss in nine days. A short-term bounce stock back up toward its Jan. 23 all-time high of $127.48 could also be in the cards, as the equity is flashing a historically bullish signal on the charts. Per Schaeffer's Senior Quantitative Analyst Rocky White, MRVL has pulled back to its 260-day moving average. Specifically, the stock i ...
AI-Driven Data Center Growth Likely to Boost Marvell's Q4 Earnings
ZACKS· 2025-03-04 13:55
Marvell Technology, Inc. (MRVL) is set to report its fourth-quarter fiscal 2025 results on March 5, and all eyes are on the company’s booming artificial intelligence (AI)-driven data center business.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Over the past year, Marvell has significantly ramped up its custom AI silicon and electro-optics offerings, positioning itself as a key player in the AI infrastructure ecosystem. With data center revenues now accounting for the majority of ...
Marvell Looks to Beat Q4 Earnings Estimates: Should You Buy the Stock?
ZACKS· 2025-03-03 21:00
Marvell Technology, Inc. (MRVL) is likely to beat expectations when it reports fourth-quarter fiscal 2025 results after market close on March 5.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Marvell projects total revenues for the fiscal fourth quarter of $1.8 billion (+/- 5%). The Zacks Consensus Estimate for revenues is pegged at $1.8 billion, which indicates an increase of 26.5% from the year-ago quarter’s reported figure.MRVL anticipates non-GAAP earnings to be 59 cents per sha ...
Marvell Demonstrates Industry's Leading 2nm Silicon for Accelerated Infrastructure
Prnewswire· 2025-03-03 14:00
The Marvell® 2nm platform will enable hyperscalers to dramatically boost the performance and efficiency of their infrastructure to meet the performance and efficiency demands of the AI era. Built on TSMC's 2nm process, the silicon is a critical part of the Marvell platform for developing next-generation custom AI accelerators, CPUs, and networking. The silicon IP includes high-speed 3D I/O for vertically stacking die inside chiplets. SANTA CLARA, Calif., March 3, 2025 /PRNewswire/ -- Marvell Technology, In ...
Marvell Technology: Shares Could Pop On Strong Earnings
Seeking Alpha· 2025-03-03 01:10
Core Viewpoint - Marvell Technology (NASDAQ: MRVL) is expected to report its Q4 and FY 2025 earnings on March 5th after market close, with a bullish sentiment surrounding the announcement due to recent share price weakness [1]. Company Summary - Marvell Technology is preparing for its earnings report, which is anticipated to provide insights into the company's financial performance and future outlook [1].
Marvell (MRVL) Loses -20.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-02-28 15:35
Marvell Technology (MRVL) has been on a downward spiral lately with significant selling pressure. After declining 20.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a ...
Unveiling Marvell (MRVL) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-02-28 15:20
Core Insights - Marvell Technology (MRVL) is expected to report quarterly earnings of $0.59 per share, a 28.3% increase year-over-year, with revenues projected at $1.8 billion, reflecting a 26.5% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have collectively reassessed their initial estimates [1][2] Revenue Projections by End Market - Analysts project 'Net Revenue by end market- Data center' to be $1.37 billion, a significant increase of 78.6% from the previous year [4] - 'Net Revenue by end market- Carrier infrastructure' is estimated at $97.54 million, showing a decline of 42.6% year-over-year [4] - 'Net Revenue by end market- Automotive/industrial' is expected to reach $86.63 million, reflecting a 5.3% increase from the prior year [5] - The consensus for 'Net Revenue by end market- Consumer' stands at $82.37 million, indicating a decrease of 42.8% from the year-ago quarter [5] - 'Net Revenue by end market- Enterprise networking' is forecasted to be $172.49 million, representing a decline of 34.9% year-over-year [6] Stock Performance - Marvell shares have decreased by 20.6% over the past month, contrasting with a 2.4% decline in the Zacks S&P 500 composite [6] - With a Zacks Rank 2 (Buy), MRVL is anticipated to outperform the overall market in the near future [6]