Marvell Technology Stock Breaks Record on Beat-and-Raise
Marvell Technology Inc (NASDAQ:MRVL) earlier issued upbeat fiscal-fourth quarter guidance due to artificial intelligence (AI) demand. The company also reported a top- and bottom-line win for the third quarter and saw no fewer than 17 price-target hikes, including one from Rosenblatt Securities to $140 from $120.
What's Going On With Marvell Technology Stock Wednesday?
Marvell shares are trading higher on Wednesday after the company reported better-than-expected 2025 fiscal-year third-quarter earnings and issued fourth-quarter guidance above estimates on Tuesday after the bell.
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Chief Executive Matt Murphy, for his part, said that “the exceptional performance” in the fiscal third quarter and the outlook for the current quarter are mostly thanks to Marvell’s MRVL AI silicon programs and “robust ongoing demand” from cloud customers.
Marvell Technology Q3: Accelerating Growth Ahead
We recommend a 'Strong Buy' for Marvell Technology due to robust growth in custom silicon solutions and expanded partnership with Amazon AWS. See more on MRVL.
These Analysts Increase Their Forecasts On Marvell Technology After Upbeat Results
Marvell Technology reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 41 cents. Quarterly revenue came in at $1.52 billion, which beat the consensus estimate of $1.46 billion and is an increase over sales of $1.42 billion from the same period last year.
Marvell Technology (MRVL) Q3 Earnings Report Preview: What To Look For
Networking chips designer Marvell Technology (NASDAQ: MRVL) will be reporting results tomorrow after market close. Here’s what you need to know.
Marvell Technology Reports Strong Q3 Revenue Growth
Marvell Technology Group ( (MRVL) ) has released its Q3 earnings. Here is a breakdown of the information Marvell Technology Group presented to
Marvell Technology 3Q Revenue Rises, Sees Further Growth in 4Q
Marvell Technology logged higher revenue in its fiscal third quarter on strong AI demand, and guided for further growth in the current quarter. The Santa Clara, Calif.-based chipmaker on Tuesday posted a third-quarter net loss of $676.
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Marvell (MRVL) Stock Jumps 9% After Hours – Here’s What Investors Like
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Is Marvell (MRVL) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a ...
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Marvell stock analysis: overvalued or undervalued?
Marvell stock rallied about 20% following strong Q3 earnings. Wall Street analysts see further upside in shares of the ...