$MRVL

Marvell Technology (MRVL) shares have fallen 36% from their all-time high, trading at $213.33 in pre-market. Despite a 226% gain over the past year, the stock dropped 7.9% post-earnings due to margin compression concerns and deferred long-term guidance. The company reported Q2 revenue of $2.74B (+37% YoY) and raised FY2027 guidance to ~$12B. Analysts remain bullish, with targets up to $400, but bears cite margin pressures and potential AI capex slowdowns. Investor Day in October is a key catalys

Marvell Technology (MRVL) shares fell 13.5% after the company pushed out the timeline for financial benefits from its hyperscaler AI partnerships, including Google, to closer to 2029. Despite raising fiscal 2027 and 2028 revenue guidance to $12B and $18B respectively, investors focused on the delayed payoff. The company also completed a $4.56B share repurchase program, retiring 16.19% of its shares since 2016. Management's comments highlighted the gap between near-term growth and long-term AI in

Marvell Technology (MRVL) shares fell 8.2% premarket after Q2 results, despite a new AI chip deal with Google. Analysts highlighted its blue-chip customers and diversified portfolio as growth drivers. Morningstar raised its price target to $300, while Goldman Sachs maintained a 'Neutral' rating with a $195 target. MRVL reported $2.74B in sales, up 37%, and raised fiscal 2028 sales guidance to $18B.

Marvell Technology (MRVL) shares surged 17% after Nvidia CEO Jensen Huang called it the 'next trillion-dollar company' at Computex. MRVL's data center business drives 76% of revenue, and it raised fiscal 2027-2028 expectations. Nvidia invested $2B in MRVL in March. MRVL's market cap is $192B, up 160% YTD.

Broadcom (AVGO) fell 6% after guiding Q4 revenue at $34.8B, missing estimates, and reporting a gross margin decline to 73%. NVIDIA (NVDA) rose 1% on AI demand confirmation, while AMD (AMD) dropped 2% on margin concerns. Broadcom's AI revenue surged 221% YoY to $16.7B, comprising 56% of total revenue.

Marvell Technology (MRVL) and Synopsys (SNPS) reported strong earnings growth, with MRVL up 36.55% YoY and SNPS up 42.37%. MRVL's CEO highlighted robust AI-related bookings and a Google deal, while SNPS's CEO emphasized its critical IP for chip design. MRVL's stock surged 143% YTD, while SNPS fell 11%.

Apple raised streaming and Mac mini prices, with shares peaking at $344.57 in July. Marvell (MRVL) dropped 10% to $216.62, while Elastic (ESTC) surged 19.31% to $99.91 after reporting earnings of $0.70 and revenue growth of 15.2% Y/Y.

Marvell Technology Group reported strong Q2 2027 results, with datacenter product sales up 45.7% YoY to $2.17B. AI-related revenue grew 90.9% YoY to $1.82B, driven by electro-optical components. The company raised guidance for Q3 and FY2027, expecting 51.8% YoY sales growth in Q3 and $12B for the full year. CEO Matt Murphy highlighted accelerated growth in AI and datacenter businesses, with custom chips and optical components as key drivers.

Marvell (MRVL) expects a Google deal to generate up to $120B in revenue by 2033, with significant impact post-2028. Despite raising revenue guidance, shares fell 10% due to slower-than-expected deal benefits. MRVL trades at 51x forward earnings, with analysts forecasting 47.8% EPS growth in 2027 and 58.9% in 2028. Analysts remain bullish, with an average price target of $290.94, implying 43% upside.

Marvell Technology (MRVL) reported Q2 revenue growth but lower free cash flow (FCF) margins than expected. Analysts forecast a 51% revenue surge next year, potentially increasing MRVL's stock price by 34%. The stock closed at $211.66 on Aug. 31, down 2.2%.