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Marvell Technology (MRVL) News Today

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$59.28 -4.45 (-6.98%)
Closing price 05/30/2025 04:00 PM Eastern
Extended Trading
$59.93 +0.65 (+1.10%)
As of 05/30/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Marvell Technology Dropping Today?

Marvell Technology, Inc. (MRVL) saw its shares move lower today as investors weighed strong first-quarter results and upbeat guidance against lingering concerns over its custom AI chips business and fresh rounds of price target cuts from some analysts. The company's record data center revenue and launch of an advanced AI packaging platform boosted sentiment, while doubts about its Amazon and Microsoft partnerships and several downgrades kept pressure on the stock.

  • Q1 revenue rose 63% year-over-year to $1.90 billion, topping consensus, with non-GAAP EPS of $0.62 vs. $0.61 estimate.
  • Raised Q2 guidance: revenue $1.9–2.1 billion vs. $2.0 billion consensus; EPS guidance $0.62–0.72 vs. $0.67 consensus.
  • Data center business tripled over two years, underpinning confidence in AI-driven growth.
  • Introduced a modular multi-die packaging platform for AI accelerators, expanding its custom silicon portfolio.
  • Several firms, including TD Cowen and Piper Sandler, reiterated buy/overweight ratings and lifted price targets.
  • Wall Street analysts remain split ahead of Marvell’s June event, seen as a “moment of truth” for next-gen chips.
  • Unusual options activity shows increased call-buying interest, indicating mixed bets on near-term moves.
  • Loop Capital, Deutsche Bank, Wells Fargo and others trimmed price targets, reflecting caution on valuation.
  • Shares dipped amid lingering investor doubts about Marvell’s ability to secure Amazon and Microsoft AI chip designs.
  • Stock has fallen over 7% despite beating earnings, as trade-deal uncertainties and analyst downgrades weighed on sentiment.
Posted 8h agoAI Generated. May Contain Errors.

MRVL Latest News

Marvell: June Event Becomes The Moment Of Truth
Marvell Technology, Inc. stock logo
Marvell Technology (NASDAQ:MRVL) Stock Price Expected to Rise, Morgan Stanley Analyst Says
Morgan Stanley raised their price target on shares of Marvell Technology from $70.00 to $73.00 and gave the stock an "equal weight" rating in a research report on Friday.
Marvell Technology, Inc. stock logo
Loop Capital Issues Pessimistic Forecast for Marvell Technology (NASDAQ:MRVL) Stock Price
Loop Capital decreased their target price on shares of Marvell Technology from $110.00 to $90.00 and set a "buy" rating for the company in a research note on Friday.
Marvell Technology, Inc. stock logo
Deutsche Bank Aktiengesellschaft Cuts Marvell Technology (NASDAQ:MRVL) Price Target to $85.00
Deutsche Bank Aktiengesellschaft decreased their target price on shares of Marvell Technology from $100.00 to $85.00 and set a "buy" rating for the company in a research report on Friday.
Marvell Technology, Inc. stock logo
Raymond James Reiterates "Outperform" Rating for Marvell Technology (NASDAQ:MRVL)
Raymond James reaffirmed an "outperform" rating and set a $90.00 target price (down previously from $110.00) on shares of Marvell Technology in a research note on Friday.
Marvell Technology, Inc. stock logo
Evercore ISI Has Lowered Expectations for Marvell Technology (NASDAQ:MRVL) Stock Price
Evercore ISI decreased their target price on shares of Marvell Technology from $135.00 to $133.00 and set an "outperform" rating on the stock in a research report on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology (NASDAQ:MRVL) Earns Overweight Rating from Piper Sandler
Piper Sandler restated an "overweight" rating and issued a $85.00 target price (down from $95.00) on shares of Marvell Technology in a report on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology (NASDAQ:MRVL) Shares Down 5.5% After Analyst Downgrade
Marvell Technology (NASDAQ:MRVL) Stock Price Down 5.5% After Analyst Downgrade
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Marvell Technology (NASDAQ:MRVL) Price Target Lowered to $90.00 at KeyCorp
KeyCorp reduced their price target on Marvell Technology from $115.00 to $90.00 and set an "overweight" rating on the stock in a research report on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology (NASDAQ:MRVL) Shares Gap Down After Analyst Downgrade
Marvell Technology (NASDAQ:MRVL) Shares Gap Down on Analyst Downgrade
50% Upside For MRVL Stock?
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Wells Fargo & Company Cuts Marvell Technology (NASDAQ:MRVL) Price Target to $95.00
Wells Fargo & Company decreased their price objective on Marvell Technology from $120.00 to $95.00 and set an "overweight" rating for the company in a research note on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology's (MRVL) Neutral Rating Reaffirmed at Cantor Fitzgerald
Cantor Fitzgerald reaffirmed a "neutral" rating and set a $60.00 target price on shares of Marvell Technology in a research note on Friday.
Marvell Technology, Inc. stock logo
Needham & Company LLC Has Lowered Expectations for Marvell Technology (NASDAQ:MRVL) Stock Price
Needham & Company LLC decreased their price objective on shares of Marvell Technology from $100.00 to $85.00 and set a "buy" rating on the stock in a research report on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology's (MRVL) "Buy" Rating Reiterated at Benchmark
Benchmark reaffirmed a "buy" rating and set a $95.00 price objective on shares of Marvell Technology in a research report on Friday.
Marvell Technology, Inc. stock logo
TD Cowen Issues Positive Forecast for Marvell Technology (NASDAQ:MRVL) Stock Price
TD Cowen raised their price target on shares of Marvell Technology from $60.00 to $70.00 and gave the stock a "buy" rating in a report on Friday.
Marvell Technology, Inc. stock logo
Marvell Technology's (MRVL) Buy Rating Reiterated at Rosenblatt Securities
Rosenblatt Securities reiterated a "buy" rating and issued a $124.00 target price on shares of Marvell Technology in a research note on Friday.
Marvell Technology, Inc. stock logo
MassMutual Private Wealth & Trust FSB Buys 14,735 Shares of Marvell Technology, Inc. (NASDAQ:MRVL)
MassMutual Private Wealth & Trust FSB grew its stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 23.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,583 shares of the semicond
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Marvell Technology Target of Unusually Large Options Trading (NASDAQ:MRVL)
Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) saw unusually large options trading activity on Thursday. Stock traders bought 146,383 call options on the company. This is an increase of 74% compared to the average daily volume of 84,084 call options.
Marvell Technology, Inc. stock logo
Morgan Stanley Issues Pessimistic Forecast for Marvell Technology (NASDAQ:MRVL) Stock Price
Morgan Stanley dropped their target price on shares of Marvell Technology from $90.00 to $70.00 and set an "equal weight" rating on the stock in a report on Tuesday.
Marvell Technology, Inc. stock logo
Marvell Technology (NASDAQ:MRVL) Issues Q2 2026 Earnings Guidance
Marvell Technology (NASDAQ:MRVL) updated its second quarter 2026 earnings guidance. The company provided EPS guidance of 0.620-0.720 for the period, compared to the consensus estimate of 0.670. The company also issued revenue guidance of $1.9 billionillion-$2.1 billionillion, compared to the consensus estimate of $2.0 billionillion.
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Marvell Technology (NASDAQ:MRVL) Issues Earnings Results, Misses Expectations By $0.14 EPS
Marvell Technology (NASDAQ:MRVL - Get Free Report) issued its earnings results on Thursday. The semiconductor company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.14). Marvell Technology had a negative net margin of 27.49% and a positive return on equity of 4.59%.
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MRVL Media Mentions By Week

MRVL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

MRVL
News Sentiment

0.51

0.84

Average
Computer and Technology
News Sentiment

MRVL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

MRVL Articles
This Week

113

32

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This page (NASDAQ:MRVL) was last updated on 5/31/2025 by MarketBeat.com Staff
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