MRVL - Marvell Technology, Inc.
Marvell Technology (NASDAQ: MRVL) reported record fiscal second-quarter 2027 revenue of $2.739 billion, up 13% sequentially and 37% from a year earlier, as demand for data-center connectivity and custom silicon products continued to rise. Chairman and Chief Executive Officer Matt Murphy said revenue and non-GAAP earnings per share of $0.94 both exceeded the midpoint of the
Beacon Pointe Advisors LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ: MRVL) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 40,498 shares of the semiconductor company's stock, valued at approximately $12,064,000. Several other hedge funds also
Marvell's fiscal second-quarter revenue hit a record $2.739 billion, up 37% year over year. Management raised its revenue outlook for both fiscal 2027 and fiscal 2028.
Marvell Technology (MRVL) stock fell 10% in Friday's trading session despite posting record Q2 results yesterday evening and raising its longer-term outlook.
Fiscal Q2 results beat estimates, but investors zeroed in on near-term monetization risk tied to a major customer partnership, today, Aug. 28, 2026.
Marvell's (MRVL) new relationship with Alphabet (GOOGL) is what Noah Hamman sees as the catalyst the custom silicone developer needs to become a key tech player. Earnings from Nvidia (NVDA) confirming the AI trade is still in full swing is another factor Noah sees benefitting Marvell and similar companies.
Marvell Technology, Inc. delivered solid Q2 '27 results, beating revenue and EPS expectations, but market focus shifted to its transformative Alphabet/Google deal. The Alphabet agreement could unlock up to $120 billion in cumulative revenue over 6–6.5 years, with warrant vesting tied to incremental sales milestones. MRVL raised FY'27 revenue guidance to $12B and FY'28 to $18B, but gross margins are expected to decline as custom-chip programs ramp.
Marvell Technology (MRVL) shares are sliding after earnings as volatility in semiconductor stocks continues into the end of the week. Kim Forrest of Bokeh Capital says investors were disappointed by revenue and guidance tied to the company's partnership with Alphabet (GOOGL).
Marvell Technology stock fell below a key support level on Friday after the chipmaker's fiscal second-quarter earnings report.
Although Marvell Technology, Inc. (NASDAQ: MRVL) stock fell by more than 8% over the past 24 hours after its narrow earnings beat in the second quarter of fiscal 2027 against sky-high investor expectations, nearly a dozen Wall Street analysts have reiterated bullish sentiment for this company over the next 12 months.
Marvell Technology's Q2 beat and stronger outlook reflect broad AI-driven data center demand, while custom silicon growth adds to its expansion.
Marvell Technology stock beat on both sales and earnings last night. Guidance looks strong, meeting analyst targets for earnings growth and beating on sales growth.
Investors are asking the wrong question about the company's landmark Google agreement, according to Marvell Technology Inc. (NASDAQ:MRVL) CEO Matt Murphy.
Marvell (MRVL) shares fell by 8% following its Q2 results, as investors anticipated more growth after a remarkable 40% rally since late July. Although Q2 revenu
Marvell raises fiscal 2027 revenue outlook to about $12B as AI data center growth accelerates across interconnect, switching and custom silicon.
Marvell has surged over 180% this year on AI infrastructure demand, but cooling momentum and a stretched valuation now put buyers in a difficult spot.
A day after rallying on the back of strong results from Nvidia, the AI trade is stumbling to close out the week.
Marvell Technology, Inc. posted a double beat, with 37% Y/Y revenue growth, and raised full-year guidance, but MRVL stock sold off due to thin beats and high expectations. MRVL's forward guidance is highly back-loaded, requiring a record Q4 to meet fiscal 2027 targets, raising execution risk. Management now sees connectivity and optics, not custom ASICs, as the primary growth drivers, supporting margin expansion to 38–40%.
Marvell guided to explosive growth, beat earnings, raised its outlook, and watched its stock fall anyway. The reason tells you something critical about how AI trades right now.
Shares of Marvell Technology Inc (NASDAQ:MRVL) are down 7.7% to trade at $223.87 this morning, following a fiscal 2028 outlook that disappointed investors.