Marvell Technology (MRVL) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Marvell is expected to report fiscal Q2 2027 results on August 27 after the market close, with analysts forecasting approximately $2.71 billion in revenue and $0.87–$0.93 in adjusted earnings per share. The company’s guidance range is $0.88–$0.98 EPS.
• A new Google warrant strengthens Marvell’s AI partnership: Google can purchase up to 58.97 million Marvell shares at $206.58 each, potentially investing about $12.2 billion and taking a 6.7% stake. The deal supports Marvell’s custom silicon, networking and memory technologies but could dilute existing shareholders if fully exercised.
• Marvell’s stock has rallied sharply and trades at an elevated valuation of roughly 81 times earnings, raising the stakes for the upcoming report. Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $244.81.

Marvell Technology (NASDAQ:MRVL - Get Free Report) is expected to be posting its Q2 2027 results after the market closes on Thursday, August 27th. Analysts expect Marvell Technology to post earnings of $0.93 per share and revenue of $2.7123 billion for the quarter. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Individuals are encouraged to explore the company's upcoming Q2 2027 earning results page for the latest details on the call scheduled for Thursday, August 27, 2026 at 4:45 PM ET.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts' consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The firm's revenue was up 27.6% on a year-over-year basis. On average, analysts expect Marvell Technology to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Marvell Technology Stock Up 9.8%

MRVL stock opened at $237.27 on Thursday. The firm has a market cap of $207.56 billion, a price-to-earnings ratio of 81.26, a PEG ratio of 1.35 and a beta of 2.24. Marvell Technology has a 1-year low of $61.44 and a 1-year high of $329.88. The firm has a fifty day moving average price of $235.18 and a two-hundred day moving average price of $169.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology's dividend payout ratio (DPR) is currently 8.22%.

Insiders Place Their Bets

In related news, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the sale, the chief executive officer directly owned 783,186 shares in the company, valued at $184,894,550.88. The trade was a 0.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the business's stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total transaction of $667,359.03. Following the sale, the insider owned 55,530 shares in the company, valued at $16,610,688.90. This trade represents a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 41,981 shares of company stock valued at $9,753,132 over the last three months. 0.12% of the stock is currently owned by company insiders.

Institutional Trading of Marvell Technology

Institutional investors have recently modified their holdings of the company. Keel Point LLC grew its holdings in Marvell Technology by 2.2% during the fourth quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company's stock worth $480,000 after acquiring an additional 124 shares during the period. GeoWealth Management LLC lifted its holdings in Marvell Technology by 5.1% in the 3rd quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company's stock valued at $236,000 after acquiring an additional 135 shares during the last quarter. Kirtland Hills Capital Management LLC boosted its position in shares of Marvell Technology by 4.4% during the 4th quarter. Kirtland Hills Capital Management LLC now owns 3,254 shares of the semiconductor company's stock valued at $276,000 after purchasing an additional 138 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of Marvell Technology by 2.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 5,928 shares of the semiconductor company's stock valued at $504,000 after purchasing an additional 148 shares in the last quarter. Finally, Griffith & Werner Inc. grew its stake in shares of Marvell Technology by 0.6% in the 4th quarter. Griffith & Werner Inc. now owns 24,103 shares of the semiconductor company's stock worth $2,048,000 after purchasing an additional 153 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Oppenheimer upped their price objective on Marvell Technology from $200.00 to $250.00 and gave the stock an "outperform" rating in a research note on Thursday, May 28th. Bank of America upped their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $240.00 price objective on shares of Marvell Technology in a report on Friday, June 12th. Cantor Fitzgerald lifted their price objective on shares of Marvell Technology from $220.00 to $300.00 and gave the company a "neutral" rating in a research report on Monday, June 29th. Finally, Melius Research set a $220.00 price objective on shares of Marvell Technology in a research report on Monday, May 18th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Marvell Technology has a consensus rating of "Moderate Buy" and an average target price of $244.81.

Key Marvell Technology News

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Marvell granted Alphabet’s Google a warrant to purchase up to 58.97 million MRVL shares at $206.58 each. If fully exercised, the warrant would represent approximately 6.7% of Marvell’s outstanding stock and a potential investment of roughly $12.2 billion, creating a strategic alignment with one of the largest AI infrastructure buyers. Marvell shares jump as Google warrant deepens AI chip partnership
• Positive Sentiment: The agreement covers technologies connected to Google’s Tensor Processing Unit ecosystem, including AI inference accelerators, networking and storage products, memory-interface controllers and near-memory computing. Reports describe the broader commercial opportunity as potentially worth as much as $120 billion through 2033, although the ultimate value depends on execution and customer demand. Marvell Technology expands Google AI partnership
• Positive Sentiment: Investors are interpreting the deal as validation of Marvell’s custom silicon, connectivity and memory technologies as hyperscalers increasingly design their own AI systems. Analysts including William Blair and Raymond James remained constructive, citing improved long-term AI revenue visibility.
• Neutral Sentiment: Marvell is scheduled to report fiscal second-quarter results on August 27. Consensus expectations reportedly call for approximately $2.71 billion in revenue and about $0.87 in earnings per share, placing a high execution bar after the stock’s substantial rally.
• Negative Sentiment: The Google warrant could eventually increase Marvell’s share count, creating dilution for existing shareholders. In addition, MRVL trades at an elevated valuation—about 81 times earnings based on the supplied data—while the CEO recently sold 7,500 shares under a pre-arranged Rule 10b5-1 plan. These factors may increase volatility if results or guidance disappoint.

About Marvell Technology

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company's product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell's technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

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