SANTA CLARA, Calif., Feb. 4, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2025 financial results on Wednesday, March 5, 2025, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4h8OI7Q to ...

Core Insights - Marvell Technology, Inc. is set to showcase its advancements in accelerated infrastructure silicon at DesignCon 2025, highlighting its leadership in data infrastructure semiconductor solutions [1] - The event will take place from January 28-30, 2025, at the Santa Clara Convention Center in California [1] Company Overview - Marvell has been a trusted partner for over 25 years, providing semiconductor solutions that move, store, process, and secure data for leading technology companies [2] - The company emphasizes deep collaboration and transparency with customers to transform enterprise, cloud, automotive, and carrier architectures [2] Product Innovations - Marvell will present several accelerated infrastructure products, including the Alaska® P PCIe Gen 6 Retimer and PCIe Gen 7 SerDes, which enhance connection distances without significant board redesigns [5] - A notable product is a 1.6 Tbps active electrical cable powered by the Alaska A PAM4 DSP, designed for high-bandwidth scale up and scale out applications [5]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1][2]. Company Overview: Marvell Technology (MRVL) - Marvell Technology currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - Over the past week, MRVL shares increased by 9.13%, significantly outperforming the Zacks Electronics - Semiconductors industry, which rose by 1.7% [6]. - In a longer timeframe, MRVL shares have risen by 46.3% over the past quarter and 82.28% over the last year, compared to the S&P 500's increases of 5.33% and 26.85%, respectively [7]. Trading Volume - The average 20-day trading volume for MRVL is 8,653,068 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, 13 earnings estimates for MRVL have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.46 to $1.56 [10]. - For the next fiscal year, 12 estimates have also moved upwards without any downward revisions [10]. Conclusion - Given the positive momentum indicators and earnings outlook, MRVL is positioned as a strong buy candidate for investors seeking short-term gains [12].

Core Insights - Marvell Technology, Inc. will host its Investor Day in New York City on June 10, 2025, featuring presentations from Chairman and CEO Matt Murphy and the senior leadership team [1] Company Overview - Marvell Technology is a leader in data infrastructure semiconductor solutions, focusing on building technology that connects the world through partnerships with customers [2] - The company has been trusted by leading technology firms for over 25 years, providing solutions that move, store, process, and secure data tailored to current and future needs [2] - Marvell aims to transform enterprise, cloud, automotive, and carrier architectures through deep collaboration and transparency [2]

Core Viewpoint - Wealth management firms have significantly increased their investments in Marvell Technology Inc. (MRVL) shares, driven by the company's new chip milestone and strong technical indicators suggesting a bullish trend [1][4]. Investment Activity - Parisi Gray Wealth Management raised its stake in MRVL by 8,181 shares, a 197% increase, with a total investment value of $1.363 million as of December 31, 2024 [1]. - Nordea Investment Management increased its stake by 14%, adding 571,005 shares, bringing its total investment value to $518.435 million [2]. - Graypoint added 894 shares, increasing its stake by 29%, with an investment value of $443,000 [2]. - Conversely, International Assets Investment Management sold 98% of its shares, offloading 236,361 shares, leaving a current investment value of $405,000 [3]. Company Performance - Marvell's new XPU chip enhances AI server performance, contributing to the company's strong fundamentals and technical performance [4]. - The CEO projected a 26% growth in revenue for fiscal 2025 on an annual basis [5]. - MRVL shares are trading above their 20, 50, and 200-day moving averages, indicating a bullish trend, with the 20-day average at $114.76, the 50-day at $103.14, and the 200-day at $78.89 [6]. Analyst Insights - Analysts have set a consensus price target of $112.5 for MRVL, with the highest target at $149 and the lowest at $75 [7]. - The average price target from major analysts suggests a potential upside of 21.29% for MRVL [7]. Stock Performance - MRVL shares have increased by 75.82% over the past year, significantly outperforming the Invesco QQQ Trust ETF, which rose by 23.33% in the same period [8]. - Over the last six months, MRVL shares gained 56.52%, while QQQ only increased by 1.80% [8].

Core Insights - The article emphasizes the author's unique insights and knowledge in stock analysis, aiming to provide contrasting views on their portfolio [1] Group 1 - The author holds long positions in several companies including AMZN, MRVL, NVDA, AVGO, and QCOM through various financial instruments [2] - The analysis is intended for informational purposes and encourages investors to conduct their own research and due diligence before making investment decisions [3] Group 2 - The article clarifies that past performance does not guarantee future results and that no specific investment recommendations are provided [4]

Company Performance - Marvell Technology (MRVL) closed at $115.15, reflecting a +0.73% change from the previous session, outperforming the S&P 500's daily gain of 0.16% [1] - Over the past month, shares of Marvell Technology have decreased by 5.34%, while the Computer and Technology sector and the S&P 500 have lost 1.29% and 2.2%, respectively [1] Earnings Expectations - Analysts anticipate Marvell Technology to report earnings of $0.59 per share, representing a year-over-year growth of 28.26% [2] - Revenue is expected to reach $1.8 billion, indicating a 26.41% increase compared to the same quarter last year [2] Annual Forecast - The Zacks Consensus Estimates project earnings of $1.56 per share and revenue of $5.75 billion for the entire year, reflecting changes of +3.31% and +4.46% compared to the previous year [3] Analyst Estimates - Changes in analyst estimates for Marvell Technology are crucial as they often indicate short-term business trends, with positive revisions suggesting an optimistic outlook [4] Zacks Rank and Performance - The Zacks Rank system, which includes estimate changes, currently ranks Marvell Technology as 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [6] - Over the last 30 days, the Zacks Consensus EPS estimate for Marvell Technology has increased by 1.54% [6] Valuation Metrics - Marvell Technology has a Forward P/E ratio of 73.46, significantly higher than the industry average of 26.8, indicating it is trading at a premium [7] - The company has a PEG ratio of 2.18, compared to the Electronics - Semiconductors industry's average PEG ratio of 2.12 [8] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 137, placing it in the bottom 46% of all industries [9] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]

Core Insights - Marvell Technology's stock experienced an impressive 83.1% increase in 2024, significantly outperforming the S&P 500 and Nasdaq Composite indices, which returned 25% and 29.6% respectively [1] - The primary driver of this performance was strong demand for AI capabilities, particularly in the data center market where Marvell sells custom AI chips and interconnect products [1] Performance Overview - Marvell stock had a slow start in 2024, gaining only 15.9% in the first half, which was in line with the S&P 500's 15.3% return [2] - In contrast, competitors like Nvidia and Arm Holdings saw much higher gains of 150% and 118% respectively during the same period [2] - The underperformance in the first half was attributed to Marvell's significant non-AI business, which faced challenges [3] Fourth Quarter Highlights - Marvell stock surged 52% in the fourth quarter of 2024, outperforming the S&P 500's 2.4% return [5] - The catalyst for this surge was the release of the third-quarter fiscal year 2025 report, which led to a 23.2% increase in stock price the following day [5] - CEO Matt Murphy indicated that the company expects substantial momentum to continue into fiscal 2026 [5] Financial Performance - Revenue for the quarter grew 7% year over year to $1.52 billion, surpassing Wall Street's expectation of 2% growth [6] - Revenue from the AI-driven data center market skyrocketed 98% year over year to $1.10 billion, making up 72% of total revenue [6] - Other end markets experienced significant declines, ranging from 22% to 73% year over year [6] - Adjusted earnings per share (EPS) increased 5% year over year to $0.43, exceeding analysts' expectations of a 2% decline [6] - Fiscal Q4 guidance indicated revenue growth of 26% year over year and adjusted EPS growth of 17% to 39%, surpassing Wall Street estimates [6]

Core Viewpoint - Marvell Technology, Inc. (MRVL) has demonstrated exceptional stock performance in 2024, with an 83.1% increase, significantly outperforming its peers in the semiconductor industry [1] Group 1: Performance Overview - Marvell's stock surge of 83.1% contrasts sharply with the Zacks Electronics - Semiconductors industry's growth of 59.2% and the SPDR S&P Semiconductor ETF's gain of only 10.5% [1] - Major competitors like Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU) experienced declines of 18.1% and 1.4%, respectively, highlighting Marvell's leadership in the semiconductor space [1] Group 2: Strategic Positioning - Marvell is strategically positioned in the booming AI sector, with the global AI chip market projected to grow at an annualized rate of 20.4%, reaching $311.58 billion by 2029 [4] - The company's advanced electro-optics solutions, including PAM DSPs and ZR interconnects, are crucial for efficient data transmission in AI-powered data centers [4][5] - As AI adoption accelerates, the demand for robust data infrastructure increases, placing Marvell at the forefront of this transformative market [5] Group 3: Custom Silicon and Financial Performance - Marvell's custom silicon solutions are tailored for cloud service providers, a vital segment for AI applications, leading to robust growth in its data center segment [6] - Management forecasts sequential revenue growth in the low-to-mid 20% range for the fourth quarter, indicating sustained demand for Marvell's AI-centric offerings [7] - Despite supply-chain challenges, Marvell exceeded Wall Street expectations in the third quarter of fiscal 2025, showcasing strong financial execution and disciplined portfolio management [9] Group 4: Future Growth Projections - Analysts project single-digit growth for fiscal 2025, but anticipate a 40% revenue growth and a 73% EPS surge in fiscal 2026, indicating a strong financial trajectory for Marvell [10] - Marvell has consistently surpassed the Zacks Consensus Estimate for earnings over the past four quarters, with an average surprise of 3.83% [10] Group 5: Valuation Justification - Marvell's trailing 12-month price-to-earnings (P/E) ratio stands at 45.07, above the industry average of 33.62, reflecting its leadership in AI and robust financial growth [11] - The premium valuation is justified by the company's innovative capabilities and sustained momentum in the semiconductor market [11] Group 6: Conclusion - Marvell's impressive performance in 2024 is seen as the beginning of a sustained growth trajectory, driven by its leadership in AI solutions and strong financial performance [16] - The company is positioned as a must-buy stock for investors looking to capitalize on the AI and semiconductor revolution, currently holding a Zacks Rank 1 (Strong Buy) [17]

Group 1 - Marvell Technology Inc's shares have increased by 7.04% over the last five trading sessions due to the announcement of its updated XPU chip that enhances AI server performance [1] - The 'Marvell AI accelerator' or XPU, when integrated with Co-Packaged Optics (CPO), significantly improves AI server connectivity, achieving 100 times greater reach and faster data transfer rates [2] - Marvell's CEO expects a 26% growth in topline for fiscal 2025, driven by custom AI silicon programs and strong demand from cloud customers [3] Group 2 - Marvell's shares have risen by 89.87% in 2024, outperforming the Invesco QQQ Trust ETF, which rose 26.99% in the same period [4] - Over the last six months, Marvell's shares gained 60.12%, while QQQ only rose 3.52% [4] - Technical analysis indicates strong support for Marvell's stock, with shares above its eight, 20, 50, and 200-day simple moving averages [5] Group 3 - The relative strength index of Marvell's stock is at 59.80, suggesting it could be moderately overbought but remains in the neutral zone [6] - The consensus price target for Marvell is $111.06 per share, with the highest target at $149 and the lowest at $75 [7] - The average price target from selected analysts implies a 13.12% upside for Marvell [8]