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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: Return to Sender who wrote (93962)3/6/2025 12:32:17 PM
From: Return to Sender   of 95531
 
Marvell Technology Inc ( MRVL ) shares are trading lower Thursday on the heels of the company’s fiscal first-quarter results. Multiple analysts lowered price targets following the print. Here’s what you need to know.

  • Q4 Revenue: $1.82 billion, versus estimates of $1.8 billion
  • Q4 Adjusted EPS: 60 cents, versus estimates of 59 cents
Total revenue was up 27% year-over-year, driven by 78% growth in data center and a continued recovery in the company’s multi-market businesses.

“Our custom AI silicon programs have now entered volume production, and we continue to see strong growth from our interconnect products. Marvell ( MRVL ) has secured multiple new design wins, including several custom silicon programs that will fuel future growth. We are well positioned for a strong start to fiscal 2026,” said Matt Murphy, chairman and CEO of Marvell ( MRVL ).

Despite the optimistic commentary, Marvell ( MRVL ) stock appears to be selling off in reaction to roughly in-line guidance. Marvell ( MRVL ) expects first-quarter revenue of $1.781 billion to $1.969 billion versus estimates of $1.87 billion. The company anticipates first-quarter adjusted earnings of 56 to 66 cents per share, versus estimates of 60 cents per share.
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