These Analysts Boost Their Forecasts On Marvell Technology Following Better-Than-Expected Q4 Earnings

Marvell Technology Inc (NASDAQ:MRVL) reported better-than-expected quarterly financial results on Thursday.Marvell reported fourth-quarter revenue of $2.22 billion, narrowly beating the consensus estimate of $2.21 billion, while adjusted earnings came in at 80 cents per share — one cent ahead of expectations."We expect year-over-year revenue growth to accelerate each quarter in fiscal 2027, driven by continued strength in our data center business, with bookings continuing to grow at a record pace," said Mat ...