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Marvell Technology, Inc. (MRVL) Stock: Price, Forecast & Analyst Target

Marvell Technology, Inc. (MRVL) — MoonshotScore 87/100 (Exceptional band), calculated Oct 4, 2026. Price $272.29 (+1.57%), as of the Oct 2, 2026 trading session; market cap $238B. Expected results Dec 1, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 60.52× (market value Oct 2, 2026; cash Aug 1, 2026) · expected results Dec 1, 2026

$272.29 +$4.21 (+1.57%) Market Cap $238B

Marvell Technology, Inc. · MRVL · NASDAQ · Technology · Semiconductors

Research dated 2026-09-12: Marvell builds the custom silicon and connectivity that move, process and store data from the data center core to the network edge; it is not merely a vendor of general-purpose chips. The case hinges on whether accelerating data center demand can keep lifting operating profit and cash generation while supporting a valuation that already assumes substantial expansion.

Price as of Oct 2, 2026

Key Statistics

87 of 100

MoonshotScore v2 · Marvell Technology (MRVL)

Exceptional
Business Quality Solid (67)
Financial Safety Fortress (80)
Valuation Rich (22)
Growth Durability Compounding (94)
Momentum Surging (97)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A strong balance sheet and elite growth, but an expensive valuation; the market is already moving on it. Business Quality: Solid; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.

Enterprise value relative to free cash flow is the main valuation drag relative to sector peers.

  • quarterly revenue $2.74B (Q2 FY2027, quarter ended Aug 2026)
  • EPS beat 5 of 8
  • Altman Z 16.94 · Piotroski F 6

Holding back: a rich price

Helping: balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for MRVL (29 recorded, newest six shown)
RecordedScoreBand
86Exceptional
68Strong
86Exceptional
86Exceptional
86Exceptional
86Exceptional

The score was 87 in the stored Oct 3, 2026 snapshot and remains 87 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$272.29
Change on the day+1.57%
52-week range$70.69–$329.88
Market capitalisation$238B
Price / earnings (trailing)89.30
Shares traded on the day15.91M
Beta (volatility vs the S&P 500)2.25
Dividends per share (last 12 months)$0.24
Dividend yield (last 12 months)0.09%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Aug 29, 2025 to Oct 2, 2026: low $63, high $311, latest $272. 4 reported quarters marked, 4 above and 0 below the recorded estimate. 1 other dated event marked. $311 $63 high $311 Dec 2, 2025 · Earnings results · reported above the recorded estimate · close $991Mar 5, 2026 · Earnings results · reported above the recorded estimate · close $902May 27, 2026 · Earnings results · reported above the recorded estimate · close $2053Aug 27, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $2174Aug 27, 2026 · Earnings results · reported above the recorded estimate · close $2175 Aug 29, 2025 Oct 2, 2026 · $272 $63Aug 29, 2025$67Sep 12, 2025$83Sep 26, 2025$86Oct 10, 2025$84Oct 24, 2025$91Nov 7, 2025$77Nov 21, 2025$99Dec 5, 2025$84Dec 19, 2025$89Jan 2, 2026$80Jan 16, 2026$79Jan 30, 2026$79Feb 13, 2026$82Feb 27, 2026$88Mar 13, 2026$95Mar 27, 2026$128Apr 10, 2026$164Apr 24, 2026$170May 8, 2026$196May 22, 2026$263Jun 5, 2026$311Jun 18, 2026$245Jul 2, 2026$189Jul 17, 2026$188Jul 31, 2026$222Aug 14, 2026$217Aug 28, 2026$236Sep 11, 2026$262Sep 25, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleOct 9, 2026, Ex-dividend date; Oct 29, 2026, Dividend payment date; Dec 1, 2026, Next results due. Spacing is order only and carries no duration.Oct 2, 20261Oct 9, 20262Oct 29, 20263Dec 1, 2026
  1. Ex-dividend dateCompany record
  2. Dividend payment dateCompany record
  3. Next results dueProvider estimate

Management outlook

  • The strength is reflected in our guidance for the third quarter of fiscal 2027, where we expect total company revenue of $3.15 billion at the midpoint, representing growth of 15% sequentially and more than 50% year-over-year.

    Matthew Murphy · Statement from

  • As a result, we now expect overall Marvell revenue in fiscal 2027 to grow approximately 45% year-over-year to roughly $12 billion, up from our prior outlook of approximately $11.5 billion just 1 quarter ago.

    Matthew Murphy · Statement from

Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for Marvell Technology (MRVL): Bullish Lean

74/100 · A

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Moderate
Financial Safety Strong
Valuation Weak

Legends Council

6 lenses, 6 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Simons-style lens (simulated) Jim Simons Neutral read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Favorable read

Read on: Oct 4, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Overvalued
Profit Margin Strong
Revenue Growth Strong
Debt/Equity Moderate
ROE Moderate
Gross Margin Moderate

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

One of these lenses reads this company less favourably than the MoonshotScore does: Klarman-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 9, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.

Readings on this page are from Oct 4, 2026, except a card that shows its own read date.

Watch the MRVL film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Marvell Technology (MRVL), and what does it report?

Short answer · as of

Marvell sells system-on-chip architectures, custom application-specific integrated circuits, Ethernet controllers and switches, optical and electrical interconnect components, storage controllers, and Fibre Channel products.

Research dated 2026-09-12.

Marvell sells system-on-chip architectures, custom application-specific integrated circuits, Ethernet controllers and switches, optical and electrical interconnect components, storage controllers, and Fibre Channel products. Demand therefore reflects infrastructure deployments requiring computation, data movement and storage connectivity, with products sold directly and through distributors.

Its reporting compresses that broad portfolio into Data Center and Communications and Other. Data Center supplies most revenue, so consolidated growth increasingly measures spending on custom silicon, interconnect and networking rather than a balanced contribution from unrelated semiconductor markets.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Marvell Technology (MRVL)?

Short answer · as of

The most recent reported quarter, Q2 FY2027, carried revenue of $2.74B.

Research dated 2026-09-12.

Revenue, gross profit and operating income have risen across the recent quarterly sequence, while the latest period produced a much stronger net result than the preceding period. Operating cash flow remained robust after capital spending, and reported revenue and adjusted earnings again edged past market estimates.

Management attributes the higher company outlook to Data Center and expects growth across its key data center businesses. That claim is consistent with the segment mix and recent acceleration, but confirmation requires continued revenue growth to translate into operating profit rather than being absorbed by rising research and development expense.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Revenue by segment; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$2.74B Aug 1, 2026
Latest quarter · R&D
$741.10M Aug 1, 2026
Latest quarter · SG&A
$257.60M Aug 1, 2026
Latest quarter · FMP standardized operating result
$456.90M Aug 1, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Aug 1, 2026$2.74B$741.10M$257.60M$456.90M
May 2, 2026$2.42B$652.30M$258.40M$350.10M
Jan 31, 2026$2.22B$536.00M$123.20M$413.90M
Nov 1, 2025$2.07B$512.50M$189.90M$357.80M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$2.74B Aug 27, 2026
Latest report · revenue estimate
$2.72B Aug 27, 2026
Latest report · revenue vs estimate
Above estimate Aug 27, 2026
Latest report · EPS vs estimate
Above estimate Aug 27, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 27, 2026$2.74B$2.72B$0.9400$0.9340
May 27, 2026$2.42B$2.41B$0.8000$0.7980
Mar 5, 2026$2.22B$2.21B$0.8000$0.7920
Dec 2, 2025$2.07B$2.07B$0.7600$0.7430

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2027$2.74B$308M$0.33 (diluted)
Q1 FY2027$2.42B$35M$0.04 (diluted)
Q4 FY2026$2.22B$396M$0.46 (diluted)
Q3 FY2026$2.07B$1.90B$2.19 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Marvell Technology (MRVL)?

Short answer

Cash and short-term investments were $3.93B at the Aug 1, 2026 balance-sheet date. Operating cash flow was $605.50M for the quarter ended Aug 1, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Marvell is generating positive operating cash flow while revenue and operating profit expand, and its cash and short-term investments have climbed sharply. Liquidity ratios and the distress screen indicate ample near-term financial capacity.

Debt still exceeds cash and investments, leaving Marvell in a net-debt position despite the larger liquidity reserve. The more demanding risk sits in the combination of Data Center concentration and a high earnings, sales and book-value valuation: weaker demand for custom silicon, interconnect or networking could pressure operating leverage while also challenging the expectations embedded in the share price.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Revenue by segment

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$605.50M Aug 1, 2026
Previous quarter · operating cash flow
$638.80M May 2, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Aug 1, 2026$605.50M−$126.70M
May 2, 2026$638.80M−$155.70M
Jan 31, 2026$373.70M−$114.30M
Nov 1, 2025$582.30M−$73.50M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Marvell Technology (MRVL)?

Short answer · as of

The next earnings report is expected on Dec 1, 2026.

Research dated 2026-09-12.

Watch whether the forthcoming revenue result reaches the higher trajectory embedded in management guidance and market estimates, and whether Data Center remains the source of acceleration. Revenue growth carries more weight if gross profit and operating income continue advancing alongside it.

Research and development spending has risen materially, so the useful test is whether those investments produce stronger operating leverage and sustained cash generation after capital expenditures. Cash accumulation should also be read beside debt: further liquidity growth improves flexibility, but does not by itself erase the net-debt position.

Sources (as of 2026-09-12): Next earnings report; Analyst revenue and earnings estimates (average); Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Cash, investments and debt

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. The strength is reflected in our guidance for the third quarter of fiscal 2027, where we expect total company revenue of $3.15 billion at the midpoint, representing growth of 15% sequentially and more than 50% year-over-year.

    Matthew Murphy ·

  2. As a result, we now expect overall Marvell revenue in fiscal 2027 to grow approximately 45% year-over-year to roughly $12 billion, up from our prior outlook of approximately $11.5 billion just 1 quarter ago.

    Matthew Murphy ·

  3. The increase in our revenue outlook continues to be driven by our Data Center business, which we now expect to grow by approximately 60% this fiscal year, up from our prior expectation of approximately 50%.

    Matthew Murphy ·

  4. As a result, we now expect Marvell's Data Center revenue to grow more than 60% year-over-year in fiscal 2028, driven by strong growth across all of our key data center businesses.

    Matthew Murphy ·

5 · Peer comparison

How does Marvell Technology compare with its peers?

Short answer

Marvell Technology's score ranks 5th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Marvell differs from a processor-only semiconductor supplier because its portfolio connects several layers of data infrastructure: custom compute silicon, Ethernet switching, optical and electrical interconnect, storage connectivity and Fibre Channel. A customer building data center capacity can therefore create demand across multiple Marvell product families within the same infrastructure program.

That breadth does not produce evenly diversified reporting. Data Center dominates the revenue mix, so Marvell combines broad product exposure with concentrated end-market dependence; Communications and Other remains meaningful, but it does not presently define the growth profile.

Sources (as of 2026-09-12): Business description; Revenue by segment

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Fortinet, Inc. (FTNT) Named competitor$180.95 Oct 2, 2026$133B93 5-pillar Oct 4, 2026
Lam Research Corporation (LRCX) Same industry, near in market value$347.49 Oct 2, 2026$435B93 5-pillar Oct 4, 2026
ASML Holding N.V. (ASML) Same industry, near in market value$1867.31 Oct 2, 2026$720B89 5-pillar Oct 4, 2026
Teradyne, Inc. (TER) Same industry, near in market value$449.04 Oct 2, 2026$70.2B88 5-pillar Oct 4, 2026
Marvell Technology (MRVL) — this page$272.29$238B87
KLA Corporation (KLAC) Same industry, near in market value$206.89 Oct 2, 2026$270B86 5-pillar Oct 4, 2026
Applied Materials, Inc. (AMAT) Same industry, near in market value$540.04 Oct 2, 2026$429B84 5-pillar Oct 4, 2026
Monolithic Power Systems, Inc. (MPWR) Named competitor$1439.73 Oct 2, 2026$70.7B83 5-pillar Oct 4, 2026
Texas Instruments Incorporated (TXN) Same industry, near in market value$293.80 Oct 2, 2026$268B81 5-pillar Oct 4, 2026
Analog Devices, Inc. (ADI) Same industry, near in market value$417.15 Oct 2, 2026$203B78 5-pillar Oct 4, 2026
QUALCOMM Incorporated (QCOM) Same industry, near in market value$184.87 Oct 2, 2026$194B76 5-pillar Oct 4, 2026
ASE Technology Holding Co., Ltd. (ASX) Same industry, near in market value$47.45 Oct 2, 2026$104B65 5-pillar Oct 4, 2026
Corning Incorporated (GLW) Named competitor$164.16 Oct 2, 2026$141B63 5-pillar Oct 4, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$155.00 – $400.00
Consensus target
$278.38
Median target
$275.00

Consensus record · Captured .

Measured against a quoted price of $272.29 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Oct 1, 2026

Transactions
60
Identified insiders
6
Purchases
0
Sales
7
Other transactions
53

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
79.3% Period end Jun 30, 2026
Previous quarter · ownership
81.5% Prior to period end Jun 30, 2026
Reporting holders
2,371 Period end Jun 30, 2026
Previous quarter · holders
1,640 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.85,641,174
Vanguard Capital Management LLC57,898,902
Fmr LLC56,933,063
State Street Corp41,834,272
Invesco Ltd.30,285,653

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Marvell Technology (MRVL)?

Read these with our analysis →

Marvell Technology Technology Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

Why is Marvell’s Data Center segment more than an accelerator-chip story?

The segment is supported by custom application-specific integrated circuits as well as Ethernet, optical and electrical interconnect, storage connectivity and switching products. Marvell participates in moving and connecting data as well as processing it.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why do custom silicon and interconnect matter together for Marvell?

Custom silicon handles workloads designed for a customer’s system, while interconnect products move data among processors, accelerators, memory, storage and networks. Selling into those linked functions gives Marvell several paths to benefit from the same data infrastructure buildout.

Sources (as of 2026-09-12): Business description

Has Marvell’s cash build removed its debt exposure?

Cash and short-term investments have risen sharply, but total debt remains higher, leaving the company with net debt. Positive operating cash flow provides capacity to manage that exposure, while the balance between cash generation and capital spending determines how quickly flexibility improves.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Operating cash flow by quarter (USD millions)

What would undermine Marvell’s raised Data Center outlook?

A slowdown in demand for custom silicon, interconnect or networking would challenge the mechanism management says is lifting the company outlook. The warning signs would be softer consolidated revenue growth, weaker operating leverage or cash generation failing to keep pace with the expansion.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

What is the MRVL stock price today?

The last price recorded on this page for Marvell Technology, Inc. (MRVL) is $272.29, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the MRVL price target?

The analyst consensus price target for Marvell Technology, Inc. (MRVL) is $278.38 (range $155.00 to $400.00, median $275.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does MRVL pay a dividend?

Yes. Marvell Technology, Inc. (MRVL) shows a trailing 12-month dividend yield of 0.09%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Trailing twelve-month ratio set

Sources — records for every figure on this page (86 figures)

The 86 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsMatthew Murphy (Aug 27, 2026): The strength is reflected in our guidance for the third quarter of fiscal 2027, where we expect total company revenue of $3.15 billion at the midpoint, representing growth of 15% sequentially and more than 50% year-over-year. Matthew Murphy (Aug 27, 2026): As a result, we now expect overall Marvell revenue in fiscal 2027 to grow approximately 45% year-over-year to roughly $12 billion, up from our prior outlook of approximately $11.5 billion just 1 quarter ago. Matthew Murphy (Aug 27, 2026): The increase in our revenue outlook continues to be driven by our Data Center business, which we now expect to grow by approximately 60% this fiscal year, up from our prior expectation of approximately 50%. Matthew Murphy (Aug 27, 2026): As a result, we now expect Marvell's Data Center revenue to grow more than 60% year-over-year in fiscal 2028, driven by strong growth across all of our key data center businesses.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address1000 N. West Street, Suite 1200, Wilmington, DE, 19801OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1000 North West Street, Wilmington, DE, 19801, US".

FMP — 74 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateDec 1, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$272.29FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:04:40.090Z.
px.changeChange on the day+1.57%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$238BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T21:04:38.712Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$4.21FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2027$2.74BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$70.69–$329.88FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)89.30FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day15.91MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta2.25FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMatthew J. MurphyFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees7,480FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2022 through FY2026: FY2022 revenue $4.46B, net result −$421.00M; FY2023 revenue $5.92B, net result −$163.50M; FY2024 revenue $5.51B, net result −$933.40M; FY2025 revenue $5.77B, net result −$885.00M; FY2026 revenue $8.19B, net result $2.67BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsData center $6.10B · Communications and other $2.09BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)51.4%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-08-01.revenue_kRevenue — period end 2026-08-01$2.74BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-08-01.rd_kR&D — period end 2026-08-01$741.10MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-08-01.sga_kSG&A — period end 2026-08-01$257.60MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-08-01.operating_result_kFMP standardized operating result — period end 2026-08-01$456.90MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-02.revenue_kRevenue — period end 2026-05-02$2.42BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-02.rd_kR&D — period end 2026-05-02$652.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-02.sga_kSG&A — period end 2026-05-02$258.40MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-02.operating_result_kFMP standardized operating result — period end 2026-05-02$350.10MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.revenue_kRevenue — period end 2026-01-31$2.22BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.rd_kR&D — period end 2026-01-31$536.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.sga_kSG&A — period end 2026-01-31$123.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-01-31.operating_result_kFMP standardized operating result — period end 2026-01-31$413.90MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-01.revenue_kRevenue — period end 2025-11-01$2.07BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-01.rd_kR&D — period end 2025-11-01$512.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-01.sga_kSG&A — period end 2025-11-01$189.90MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-01.operating_result_kFMP standardized operating result — period end 2025-11-01$357.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-27.revenue_actualRevenue · reported — report date 2026-08-27$2.74BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-27.revenue_estimatedRevenue · estimate — report date 2026-08-27$2.72BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-27.eps_actualEPS · reported — report date 2026-08-27$0.9400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-27.eps_estimatedEPS · estimate — report date 2026-08-27$0.9340Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-27.revenue_actualRevenue · reported — report date 2026-05-27$2.42BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-27.revenue_estimatedRevenue · estimate — report date 2026-05-27$2.41BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-27.eps_actualEPS · reported — report date 2026-05-27$0.8000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-27.eps_estimatedEPS · estimate — report date 2026-05-27$0.7980Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-05.revenue_actualRevenue · reported — report date 2026-03-05$2.22BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-05.revenue_estimatedRevenue · estimate — report date 2026-03-05$2.21BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-05.eps_actualEPS · reported — report date 2026-03-05$0.8000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-05.eps_estimatedEPS · estimate — report date 2026-03-05$0.7920Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-02.revenue_actualRevenue · reported — report date 2025-12-02$2.07BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-02.revenue_estimatedRevenue · estimate — report date 2025-12-02$2.07BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-02.eps_actualEPS · reported — report date 2025-12-02$0.7600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-02.eps_estimatedEPS · estimate — report date 2025-12-02$0.7430Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2027FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$3.93BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$605.50MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-08-01. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$5.29BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value13.19×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-08-01.operating_cash_flow_mOperating cash flow — period end 2026-08-01$605.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-05-02.operating_cash_flow_mOperating cash flow — period end 2026-05-02$638.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-08-01.capex_mCapital expenditure (reported) — period end 2026-08-01−$126.70MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-05-02.capex_mCapital expenditure (reported) — period end 2026-05-02−$155.70MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-01-31.operating_cash_flow_mOperating cash flow — period end 2026-01-31$373.70MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-01-31.capex_mCapital expenditure (reported) — period end 2026-01-31−$114.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-11-01.operating_cash_flow_mOperating cash flow — period end 2025-11-01$582.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-11-01.capex_mCapital expenditure (reported) — period end 2025-11-01−$73.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$155.00 – $400.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$278.38FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$275.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP60 transactions · 0 purchases, 7 sales, 53 other transactions · 6 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Oct 1, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership79.3%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership81.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders2,371FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders1,640FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot85,641,174FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot57,898,902FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesFmr LLC — shares in provider snapshot56,933,063FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesState Street Corp — shares in provider snapshot41,834,272FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesInvesco Ltd. — shares in provider snapshot30,285,653FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 5 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-27 · Expired observation
fin.scoresDistress and quality screensAltman Z 16.94 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments60.52×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $3.93B at Aug 1, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-08-01. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.24COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-03, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months0.09%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-08-27.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($2.74B) with the recorded estimate ($2.72B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-27.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.9400) with the recorded estimate ($0.9340) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 3 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v287 of 100 · Exceptional · pillars 67 / 80 / 22 / 94 / 97OURSStock Expert AI MoonshotScore v2 engine
ours.valuation_driverRecorded valuation score driverEnterprise value relative to free cash flow is the main valuation drag relative to sector peers.OURSStock Expert AI MoonshotScore v2 engine · stored factor contributions
ours.moonshot_changeMoonshotScore movement87 (stored snapshot Oct 3, 2026) → 87 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-08-01. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-08-01.revenue_k, fin.q_table.depth.2026-08-01.rd_k, fin.q_table.depth.2026-08-01.sga_k, fin.q_table.depth.2026-08-01.operating_result_k, fin.q_table.depth.2026-05-02.revenue_k, fin.q_table.depth.2026-05-02.rd_k, fin.q_table.depth.2026-05-02.sga_k, fin.q_table.depth.2026-05-02.operating_result_k, fin.q_table.depth.2026-01-31.revenue_k, fin.q_table.depth.2026-01-31.rd_k, fin.q_table.depth.2026-01-31.sga_k, fin.q_table.depth.2026-01-31.operating_result_k, fin.q_table.depth.2025-11-01.revenue_k, fin.q_table.depth.2025-11-01.rd_k, fin.q_table.depth.2025-11-01.sga_k, fin.q_table.depth.2025-11-01.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-27. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-27.revenue_actual, earn.history.depth.2026-08-27.revenue_estimated, earn.history.depth.2026-08-27.revenue_actual.comparison, earn.history.depth.2026-08-27.eps_actual.comparison, earn.history.depth.2026-08-27.eps_actual, earn.history.depth.2026-08-27.eps_estimated, earn.history.depth.2026-05-27.revenue_actual, earn.history.depth.2026-05-27.revenue_estimated, earn.history.depth.2026-05-27.eps_actual, earn.history.depth.2026-05-27.eps_estimated, earn.history.depth.2026-03-05.revenue_actual, earn.history.depth.2026-03-05.revenue_estimated, earn.history.depth.2026-03-05.eps_actual, earn.history.depth.2026-03-05.eps_estimated, earn.history.depth.2025-12-02.revenue_actual, earn.history.depth.2025-12-02.revenue_estimated, earn.history.depth.2025-12-02.eps_actual, earn.history.depth.2025-12-02.eps_estimated.
  3. Cash-flow note. Source series as of 2026-08-01. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-08-01.operating_cash_flow_m, fin.opcf.depth.2026-05-02.operating_cash_flow_m, fin.opcf.depth.2026-08-01.capex_m, fin.opcf.depth.2026-05-02.capex_m, fin.opcf.depth.2026-01-31.operating_cash_flow_m, fin.opcf.depth.2026-01-31.capex_m, fin.opcf.depth.2025-11-01.operating_cash_flow_m, fin.opcf.depth.2025-11-01.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers for server and storage system connectivity; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, compute express link switches, non-volatile memory express (NVMe), and NVMe over fabrics; and develops ultra accelerator linkTM switches and ethernet for scale-up networking switches. The company serves data centers, communications, and other markets. It offers its products through direct customers and distributors. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Data center: $6.10B; Communications and other: $2.09B
2026-01-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-08-01 — EPS: $0.33 per share, R&D: $741.10M, SG&A: $257.60M, EPS basic: $0.34 per share, EPS basis: diluted, Revenue: $2.74B, EPS diluted: $0.33 per share, Net result: $308.00M, Gross profit: $1.46B, Operating result: $456.90M
  • Quarter ended 2026-05-02 — EPS: $0.0386 per share, R&D: $652.30M, SG&A: $258.40M, EPS basic: $0.0391 per share, EPS basis: diluted, Revenue: $2.42B, EPS diluted: $0.0386 per share, Net result: $34.50M, Gross profit: $1.26B, Operating result: $350.10M
  • Quarter ended 2026-01-31 — EPS: $0.46 per share, R&D: $536.00M, SG&A: $123.20M, EPS basic: $0.47 per share, EPS basis: diluted, Revenue: $2.22B, EPS diluted: $0.46 per share, Net result: $396.10M, Gross profit: $1.07B, Operating result: $413.90M
  • Quarter ended 2025-11-01 — EPS: $2.19 per share, R&D: $512.50M, SG&A: $189.90M, EPS basic: $2.2 per share, EPS basis: diluted, Revenue: $2.07B, EPS diluted: $2.19 per share, Net result: $1.90B, Gross profit: $1.07B, Operating result: $357.80M
  • Quarter ended 2025-08-02 — EPS: $0.22 per share, R&D: $519.00M, SG&A: $192.80M, EPS basic: $0.23 per share, EPS basis: diluted, Revenue: $2.01B, EPS diluted: $0.22 per share, Net result: $194.80M, Gross profit: $1.01B, Operating result: $290.10M
  • Quarter ended 2025-05-03 — EPS: $0.2 per share, R&D: $507.70M, SG&A: $186.40M, EPS basic: $0.21 per share, EPS basis: diluted, Revenue: $1.90B, EPS diluted: $0.2 per share, Net result: $177.90M, Gross profit: $952.40M, Operating result: $270.60M
  • Quarter ended 2025-01-31 — EPS: $0.23 per share, R&D: $499.00M, SG&A: $195.70M, EPS basic: $0.23 per share, EPS basis: diluted, Revenue: $1.82B, EPS diluted: $0.23 per share, Net result: $200.20M, Gross profit: $917.40M, Operating result: $235.20M
  • Quarter ended 2024-11-02 — EPS: -$0.78 per share, R&D: $488.60M, SG&A: $205.30M, EPS basic: -$0.78 per share, EPS basis: diluted, Revenue: $1.52B, EPS diluted: -$0.78 per share, Net result: -$676.30M, Gross profit: $349.40M, Operating result: -$702.80M
2026-08-01FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-08-01 — Capital expenditure: -$126.70M, Operating cash flow: $605.50M
  • Quarter ended 2026-05-02 — Capital expenditure: -$155.70M, Operating cash flow: $638.80M
  • Quarter ended 2026-01-31 — Capital expenditure: -$114.30M, Operating cash flow: $373.70M
  • Quarter ended 2025-11-01 — Capital expenditure: -$73.50M, Operating cash flow: $582.30M
  • Quarter ended 2025-08-02 — Capital expenditure: -$48.60M, Operating cash flow: $461.60M
  • Quarter ended 2025-05-03 — Capital expenditure: -$119.90M, Operating cash flow: $332.90M
  • Quarter ended 2025-01-31 — Capital expenditure: -$70.70M, Operating cash flow: $514.00M
  • Quarter ended 2024-11-02 — Capital expenditure: -$75.50M, Operating cash flow: $536.30M
2026-08-01FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Trailing twelve-month ratio set
Quick ratio: 2.62; Current ratio: 3.17; Debt to equity: 0.29; Net margin: 27.9%; Gross margin: 51.4%; Operating margin: 16.7%; Return on assets: 9.6%; Return on equity: 16.2%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2026 — R&D: $2.08B, Revenue: $8.19B, Period end: 2026-01-31, Net result: $2.67B
  • FY2025 — R&D: $1.95B, Revenue: $5.77B, Period end: 2025-01-31, Net result: -$885.00M
  • FY2024 — R&D: $1.90B, Revenue: $5.51B, Period end: 2024-01-31, Net result: -$933.40M
  • FY2023 — R&D: $1.78B, Revenue: $5.92B, Period end: 2023-01-31, Net result: -$163.50M
  • FY2022 — R&D: $1.42B, Revenue: $4.46B, Period end: 2022-01-31, Net result: -$421.00M
2026-01-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-27 — EPS actual: $0.94 per share, EPS estimated: $0.934 per share, Revenue actual: $2.74B, Revenue estimated: $2.72B
  • Reported 2026-05-27 — EPS actual: $0.8 per share, EPS estimated: $0.798 per share, Revenue actual: $2.42B, Revenue estimated: $2.41B
  • Reported 2026-03-05 — EPS actual: $0.8 per share, EPS estimated: $0.792 per share, Revenue actual: $2.22B, Revenue estimated: $2.21B
  • Reported 2025-12-02 — EPS actual: $0.76 per share, EPS estimated: $0.743 per share, Revenue actual: $2.07B, Revenue estimated: $2.07B
  • Reported 2025-08-28 — EPS actual: $0.67 per share, EPS estimated: $0.673 per share, Revenue actual: $2.01B, Revenue estimated: $2.01B
  • Reported 2025-05-29 — EPS actual: $0.62 per share, EPS estimated: $0.612 per share, Revenue actual: $1.90B, Revenue estimated: $1.88B
  • Reported 2025-03-05 — EPS actual: $0.6 per share, EPS estimated: $0.59 per share, Revenue actual: $1.82B, Revenue estimated: $1.80B
  • Reported 2024-12-03 — EPS actual: $0.43 per share, EPS estimated: $0.41 per share, Revenue actual: $1.52B, Revenue estimated: $1.46B
2026-08-27FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-08-27 — Quote: The strength is reflected in our guidance for the third quarter of fiscal 2027, where we expect total company revenue of $3.15 billion at the midpoint, representing growth of 15% sequentially and more than 50% year-over-year., Speaker: Matthew Murphy
  • Call of 2026-08-27 — Quote: As a result, we now expect overall Marvell revenue in fiscal 2027 to grow approximately 45% year-over-year to roughly $12 billion, up from our prior outlook of approximately $11.5 billion just 1 quarter ago., Speaker: Matthew Murphy
  • Call of 2026-08-27 — Quote: The increase in our revenue outlook continues to be driven by our Data Center business, which we now expect to grow by approximately 60% this fiscal year, up from our prior expectation of approximately 50%., Speaker: Matthew Murphy
  • Call of 2026-08-27 — Quote: As a result, we now expect Marvell's Data Center revenue to grow more than 60% year-over-year in fiscal 2028, driven by strong growth across all of our key data center businesses., Speaker: Matthew Murphy

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-27OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash, investments and debt
Total debt: $5.29B; Liquidity basis: cash and short-term investments; Total liabilities: $9.02B; Cash and short-term investments: $3.93B; Cash and investments: $3.93B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-08-01FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $3.93B; Cash and short-term investments: $3.93B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-08-01COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-08-01 — Amount: $3.93B, Cash basis: cash and short-term investments
  • 2026-05-02 — Amount: $3.84B, Cash basis: cash and short-term investments
  • 2026-01-31 — Amount: $2.64B, Cash basis: cash and short-term investments
  • 2025-11-01 — Amount: $2.71B, Cash basis: cash and short-term investments
  • 2025-08-02 — Amount: $1.22B, Cash basis: cash and short-term investments
  • 2025-05-03 — Amount: $885.90M, Cash basis: cash and short-term investments
  • 2025-01-31 — Amount: $948.30M, Cash basis: cash and short-term investments
  • 2024-11-02 — Amount: $868.10M, Cash basis: cash and short-term investments
2026-08-01FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-08-01; Cash basis: cash and short-term investments; Net cash: -$1.35B; Total debt: $5.29B; Cash and investments: $3.93B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-08-01COMPUTEDComputed from the balance sheet and the latest market capitalization
Distress and quality screens
Altman Z-score: 14.83; Piotroski F-score: 6

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-12-01; EPS estimate: $1.1 per share; Revenue estimate: $3.15B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2028 — EPS average: $6.76 per share, Revenue average: $18.20B, Revenue low: $16.78B, Revenue high: $18.88B, Analysts (revenue): 27
  • FY2029 — EPS average: $10.3 per share, Revenue average: $25.99B, Revenue low: $19.89B, Revenue high: $30.55B, Analysts (revenue): 33
  • FY2030 — EPS average: $14.1 per share, Revenue average: $35.12B, Revenue low: $32.54B, Revenue high: $37.89B, Analysts (revenue): 16
  • FY2031 — EPS average: $18.49 per share, Revenue average: $47.04B, Revenue low: $43.58B, Revenue high: $50.74B, Analysts (revenue): 15
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold MRVL

Funds in our ETF coverage that list MRVL among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Direxion Daily MRVL Bull 2X ETF (MRVU)13.64%
iShares U.S. Digital Infrastructure and Real Estate ETF (IGN)5.15%
ARTY ETF3.86%