Marvell Technology stock analysis and earnings preview: buy or sell?

Marvell Technology stock will be in the spotlight this week as it publishes its financial results. With the stock falling by 25% from its 2025 highs, and with its short interest rising, these results and the guidance will need to be super strong. MRVL stock was trading at $77.50, down from the all-time high of $127.

Marvell Technology to publish its earnings this week 

Marvell Technology, a top semiconductor company, will publish its financial results on Thursday, shedding more color about its business.

These results come as more companies, including blue-chip names like Microsoft, Google, Amazon, and Meta Platforms, are working on their custom chips in a bid to challenge popular names like Nvidia and AMD.

The numbers also come as demand for artificial intelligence (AI) spending continues rising, with spending expected to soar to over $2.52 trillion this year.

Yahoo Finance data shows that Marvell Technology’s revenue will come in at $2.21 billion, up by 21.57% on a year-on-year basis. The earnings-per-share (EPS) is also expected to continue rising, moving from 60 cents to 79 cents in the fourth quarter of last year.

Therefore, these results mean that its annual revenue will jump by 41% to $8.15 billion. Its EPS is also expected to move from $1.57 to $2.83. These numbers mean that Marvell is one of the fastest-growing companies in the tech industry.

These results come a few months after Marvell Technology announced its acquisition of Celestial AI, a move that helped it expand to the data center connectivity industry. It gave it Photonic Fabric for co-packaged optical interconnect

The most recent results showed that Marvell Technology’s revenue rose by 37% to over $2.07 billion, with its gross margin rising from 23% to 51.6%.

Most of this revenue was in its date center end market followed by the communication and other end markets. At the same time, the management continued to return funds to shareholders, returning over $1.5 billion in terms of buybacks and dividends.

MRVL stock valuation analysis 

Marvell Technology stock | Source: TradingView

There are signs that Marvell Technology’s business has become relatively undervalued compared to where it was a few months ago. The forward price-to-earnings (PE) ratio is 28, much better than its five-year average of 36.

The company’s forward PEG ratio is 0.72, also lower than the sector median of 1.38 and the five-year average of 1.55.

Marvell is also a bargain based on the rule-of-40 metric, which is based on its revenue growth and profit margin. Its has a net profit margin of 31% and a forward revenue growth of 41%, giving it a multiple of 72%.

Marvell Technology stock price technical analysis 

It has been a tough time for Marvell shareholders as the stock has plunged by over 20% from its highest level in December last year.

On the positive side, there are signs that it has formed a descending channel since October 2025. This channel formed after the stock surged, suggesting that it could be a bullish flag pattern.

The stock has also formed a small inverted head-and-shoulders pattern, a common bullish reversal sign in technical analysis.

Therefore, while it is hard to predict, there is a likelihood that the stock will bounce back after earnings. The initial target will be the key resistance level at $94, its highest level in January.