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Yahoo
26-05-2025
- Business
- Yahoo
MRVL to Post Q1 Earnings: Time to Buy, Sell or Hold the Stock?
Marvell Technology, Inc. MRVL is scheduled to report first-quarter fiscal 2026 results after market close on May 29, 2025. Marvell Technology anticipates revenues of $1.875 billion (+/- 5%) for first-quarter fiscal 2026. The Zacks Consensus Estimate for MRVL's fiscal first-quarter revenues is pegged at $1.88 billion, indicating year-over-year growth of 61.6%. For the fiscal first quarter, the company expects non-GAAP earnings of 61 cents per share (+/- 5 cents per share). The Zacks Consensus Estimate for MRVL's fiscal first-quarter earnings is pegged at 61 cents per share, reflecting a 154.2% increase year over year. The consensus mark for earnings has remained unchanged over the past 60 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research In the trailing four quarters, Marvell Technology's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 4.25%. Marvell Technology, Inc. price-eps-surprise | Marvell Technology, Inc. Quote Our proven model does not conclusively predict an earnings beat for Marvell Technology this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Though Marvell Technology currently carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today's Zacks #1 Rank stocks here. Marvell Technology's overall first-quarter revenues are likely to have benefited from improved performance across the majority of its end markets. The company's data center division continues to be the primary engine of growth, benefiting from the rising demand for electro-optics products, custom artificial intelligence (AI) silicon and next-generation switches. Our model estimates suggest that first-quarter data center revenues will reach $1.395 billion, implying a 2.1% sequential growth. The growing adoption of 800-gig PAM products and 400ZR data center interconnect solutions is fueling top-line expansion. Additionally, advancements in Compute Express Link technology and increased AI-related investments position Marvell as a key player in the high-performance computing ecosystem. Improved inventory corrections and recovering demand are helping Marvell's Networking and Carrier segments rebound. Our projections indicate that Enterprise Networking and Carrier revenues will each rise 8.1% and 9% sequentially, reaching $114.4 million and $186.9 million, respectively. Marvell Technology's carrier segment is benefiting from new design wins in cloud-driven networking solutions. As telecom providers upgrade their infrastructure for AI-driven applications, MRVL's networking division should continue to see steady improvements. The Automotive and Industrial divisions have been a consistent revenue contributor for Marvell Technology, thanks to the increasing semiconductor content in vehicles and industrial automation growth. For the first quarter, our model estimates for Automotive/Industrial revenues are pegged at $88.9 million, indicating a 3.7% sequential improvement. With automakers ramping up production of connected and electric vehicles, Marvell Technology's automotive ethernet solutions and advanced driver-assistance system technologies should continue to see steady adoption. Despite the strength of Marvell Technology's data center, networking and AI segments, its consumer end market remains a weak spot. Seasonality in gaming and broader macroeconomic uncertainty might have resulted in weak revenues in this segment. In the past year, MRVL shares have plunged 20.9%, underperforming the Zacks Electronics – Semiconductors industry's growth of 14.1%. Image Source: Zacks Investment Research Now, let's look at the value Marvell Technology offers investors at the current levels. MRVL stock trades at a discounted price with a forward 12-month price-to-sales (P/S) multiple of 5.99X compared with the industry's 7.54X. Image Source: Zacks Investment Research Marvell Technology's custom silicon business is a game-changer, particularly in the booming data center market. Cloud service providers rely on their highly specialized chips to optimize AI computing efficiency, networking speed and energy consumption. Furthermore, Marvell Technology has also formed strong collaborations with industry leaders, including NVIDIA NVDA, Juniper Networks JNPR and Coherent Corp. COHR, to design high-speed networking technology for AI workloads. Marvell Technology and NVIDIA have collaborated to integrate MRVL's optical interconnect solutions with NVIDIA's AI and computing technology. Using the NVIDIA HGX H100 eight-GPU platform, BlueField-3 DPUs, Spectrum-X networking, and Marvell's interconnects, they have developed NVIDIA Israel-1 to power AI applications with high efficiency. Marvell Technology has collaborated with Juniper Networks and Coherent Corp. to develop 800ZR networking solutions. Together, these companies combined Juniper's PTX10002-36QDD Packet Transport Router, Coherent's 800ZR transceiver, and MRVL's Orion 800G coherent DSP to develop a networking solution to support AI, cloud, and 5G. However, the U.S. government's recent steps toward China have also been a matter of concern for Marvell Technology as the company generates significant revenues (about 43% of its fiscal 2025 total revenues) from the Chinese market. As Marvell Technology owns research and development facilities in China and outsources to China, the growing geopolitical tension, fear of fresh sanctions and persistent tariff threats have added to investors' skepticism. However, given the MRVL's strong fundamentals, investors' concerns seem overblown. The recent U.S.-China agreement to temporarily reduce tariffs on each other's goods can provide relief to Marvell Technology's business for the near term. Marvell Technology's upcoming quarterly results are likely to demonstrate the beginning of a multi-year growth story fueled by AI innovation. However, the company also suffers from the U.S.-China trade war as it highly depends on both nations. all these factors, we suggest that investors should retain MRVL stock at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Coherent Corp. (COHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
MRVL to Post Q1 Earnings: Time to Buy, Sell or Hold the Stock?
Marvell Technology, Inc. MRVL is scheduled to report first-quarter fiscal 2026 results after market close on May 29, 2025. Marvell Technology anticipates revenues of $1.875 billion (+/- 5%) for first-quarter fiscal 2026. The Zacks Consensus Estimate for MRVL's fiscal first-quarter revenues is pegged at $1.88 billion, indicating year-over-year growth of 61.6%. For the fiscal first quarter, the company expects non-GAAP earnings of 61 cents per share (+/- 5 cents per share). The Zacks Consensus Estimate for MRVL's fiscal first-quarter earnings is pegged at 61 cents per share, reflecting a 154.2% increase year over year. The consensus mark for earnings has remained unchanged over the past 60 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research In the trailing four quarters, Marvell Technology's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 4.25%. Marvell Technology, Inc. price-eps-surprise | Marvell Technology, Inc. Quote Our proven model does not conclusively predict an earnings beat for Marvell Technology this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Though Marvell Technology currently carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today's Zacks #1 Rank stocks here. Marvell Technology's overall first-quarter revenues are likely to have benefited from improved performance across the majority of its end markets. The company's data center division continues to be the primary engine of growth, benefiting from the rising demand for electro-optics products, custom artificial intelligence (AI) silicon and next-generation switches. Our model estimates suggest that first-quarter data center revenues will reach $1.395 billion, implying a 2.1% sequential growth. The growing adoption of 800-gig PAM products and 400ZR data center interconnect solutions is fueling top-line expansion. Additionally, advancements in Compute Express Link technology and increased AI-related investments position Marvell as a key player in the high-performance computing ecosystem. Improved inventory corrections and recovering demand are helping Marvell's Networking and Carrier segments rebound. Our projections indicate that Enterprise Networking and Carrier revenues will each rise 8.1% and 9% sequentially, reaching $114.4 million and $186.9 million, respectively. Marvell Technology's carrier segment is benefiting from new design wins in cloud-driven networking solutions. As telecom providers upgrade their infrastructure for AI-driven applications, MRVL's networking division should continue to see steady improvements. The Automotive and Industrial divisions have been a consistent revenue contributor for Marvell Technology, thanks to the increasing semiconductor content in vehicles and industrial automation growth. For the first quarter, our model estimates for Automotive/Industrial revenues are pegged at $88.9 million, indicating a 3.7% sequential improvement. With automakers ramping up production of connected and electric vehicles, Marvell Technology's automotive ethernet solutions and advanced driver-assistance system technologies should continue to see steady adoption. Despite the strength of Marvell Technology's data center, networking and AI segments, its consumer end market remains a weak spot. Seasonality in gaming and broader macroeconomic uncertainty might have resulted in weak revenues in this segment. In the past year, MRVL shares have plunged 20.9%, underperforming the Zacks Electronics – Semiconductors industry's growth of 14.1%. Image Source: Zacks Investment Research Now, let's look at the value Marvell Technology offers investors at the current levels. MRVL stock trades at a discounted price with a forward 12-month price-to-sales (P/S) multiple of 5.99X compared with the industry's 7.54X. Image Source: Zacks Investment Research Marvell Technology's custom silicon business is a game-changer, particularly in the booming data center market. Cloud service providers rely on their highly specialized chips to optimize AI computing efficiency, networking speed and energy consumption. Furthermore, Marvell Technology has also formed strong collaborations with industry leaders, including NVIDIA NVDA, Juniper Networks JNPR and Coherent Corp. COHR, to design high-speed networking technology for AI workloads. Marvell Technology and NVIDIA have collaborated to integrate MRVL's optical interconnect solutions with NVIDIA's AI and computing technology. Using the NVIDIA HGX H100 eight-GPU platform, BlueField-3 DPUs, Spectrum-X networking, and Marvell's interconnects, they have developed NVIDIA Israel-1 to power AI applications with high efficiency. Marvell Technology has collaborated with Juniper Networks and Coherent Corp. to develop 800ZR networking solutions. Together, these companies combined Juniper's PTX10002-36QDD Packet Transport Router, Coherent's 800ZR transceiver, and MRVL's Orion 800G coherent DSP to develop a networking solution to support AI, cloud, and 5G. However, the U.S. government's recent steps toward China have also been a matter of concern for Marvell Technology as the company generates significant revenues (about 43% of its fiscal 2025 total revenues) from the Chinese market. As Marvell Technology owns research and development facilities in China and outsources to China, the growing geopolitical tension, fear of fresh sanctions and persistent tariff threats have added to investors' skepticism. However, given the MRVL's strong fundamentals, investors' concerns seem overblown. The recent U.S.-China agreement to temporarily reduce tariffs on each other's goods can provide relief to Marvell Technology's business for the near term. Marvell Technology's upcoming quarterly results are likely to demonstrate the beginning of a multi-year growth story fueled by AI innovation. However, the company also suffers from the U.S.-China trade war as it highly depends on both nations. all these factors, we suggest that investors should retain MRVL stock at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Coherent Corp. (COHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Automotive
- Yahoo
What's Going On With Marvell Technology Stock On Wednesday?
Marvell Technology, Inc (NASDAQ:MRVL) on Wednesday announced the successful interoperability of the Marvell Structera portfolio of Compute Express Link (CXL) devices with Advanced Micro Devices, Inc (NASDAQ:AMD) EPYC CPUs and 5th Gen Intel Corp (NASDAQ:INTC) Intel Xeon platforms. The move marks Marvell's progress towards an open and interoperable CXL ecosystem, which will address the growing demands for memory bandwidth and capacity in next-generation cloud data centers. Marvell tapped AMD and Intel to extensively test Structera CXL products with AMD EPYC and 5th Gen Intel Xeon Scalable platforms across various configurations, workloads, and operating conditions. Rising Tide Of AI Is So Strong That Semiconductor Optical Industry Projects $30 Billion Total Addressable Market By 2029 The results demonstrated seamless interoperability, delivering stability, scalability, and high-performance memory expansion that cloud data center providers need for mass deployment. The first-quarter semiconductor earnings procession kicked off with ASML Holding (NASDAQ:ASML) last Wednesday and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) on Thursday. For U.S. chip vendors, BofA Securities analysts Vivek Arya and Duksan Jang expect first-quarter results to beat as their original outlook was likely conservative and tariff-related pull-ins created a better demand environment. However, the second-quarter outlook could be in line as companies could widen the guidance range. Marvell stock plunged over 55% year-to-date. Marvell's exit from the auto space follows its October quarter restructuring, where it began shifting investments away from enterprise networking, carrier infrastructure, and automotive. The company is now focused on AI and accelerated computing, a theme JPMorgan's Harlan Sur sees as key to unlocking long-term value. Price Action: MRVL stock closed higher by 6.22% to $53.77 on Wednesday. Read Next:Photo by JHVEPhoto via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? MARVELL TECH (MRVL): Free Stock Analysis Report This article What's Going On With Marvell Technology Stock On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
03-04-2025
- Business
- Yahoo
Qualcomm evaluates acquisition of UK chip designer Alphawave
Qualcomm has confirmed that it is evaluating the possibility of making an offer to acquire Alphawave IP Group, a UK-based connectivity chip designer. The announcement was made in a filing with the London Stock Exchange. However, Qualcomm clarified that 'there can be no certainty that any firm offer will be made, nor as to the terms on which any firm offer might be made'. Under UK takeover rules, Qualcomm has until April 29 to either announce a firm intention to make an offer for Alphawave or declare that it does not intend to proceed. This deadline could be extended with the consent of the Takeover Panel. The company has stated that further announcements will be made 'if and when appropriate'. Alphawave currently has a market valuation exceeding $900m. The news follows media reports that Arm Holdings had recently considered acquiring Alphawave but ultimately decided against pursuing a buyout. Arm was reportedly interested in Alphawave's SerDes chip technology. SerDes (Serializer/Deserializer) chips play a crucial role in modern computing infrastructure. These chips are used in network switches, servers, and other systems to facilitate data transfer. By converting multiple parallel data streams into a single serial data stream, SerDes chips help improve transmission speeds and reduce power consumption. They also minimise the risk of data transmission errors, which can occur due to minor technical discrepancies such as variations in network cable lengths. Beyond transmitting data, SerDes modules assist processors in receiving inbound traffic by converting it into a format that can be efficiently analysed. Alphawave's SerDes chips are capable of processing up to 224 gigabits of data per second and support network modules that enable data transfer within and between systems, according to SiliconANGLE. Some of its chips are compatible with Compute Express Link (CXL), a technology designed to facilitate high-speed communication between CPUs and GPUs in machine learning environments. In addition to SerDes modules, Alphawave offers a range of networking products, including controllers that manage data flow between systems. The company has also developed a processing module designed for cybersecurity applications, such as encryption. Should the acquisition proceed, it would mark Qualcomm's third acquisition since the start of the year. Earlier this week, the company announced its acquisition of Vietnamese artificial intelligence research group MovianAI. Qualcomm had also previously acquired Edge Impulse, a provider of AI model development software. "Qualcomm evaluates acquisition of UK chip designer Alphawave" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
Koi Computers Integrating Systems Leveraging the Power of Intel Xeon 6 processors for HPC and AI
CHICAGO, Jan. 30, 2025 /PRNewswire/ -- Koi Computers is now integrating the Intel Xeon 6 processors into a wide range of systems for data centers, AI, Deep Learning, and HPC applications across all industries. As a leading provider of turnkey HPC solutions to the federal government, Koi Computers is positioned to help customers capture the full advantage of the latest generation Intel Xeon processors. The Intel Xeon 6 processors deliver new degrees of performance with more cores, a choice of microarchitecture, additional memory bandwidth, and exceptional input/output (I/O) across a range of workloads. New features such as Multiplexed Rank DIMM (MRDIMM) support and Compute Express Link (CXL) enhancements, in addition to integrated accelerators like Intel QuickAssist Technology (Intel QAT), give an additional boost to targeted workloads for even greater performance and efficiency. Koi Computers' systems, supporting the Intel Xeon 6 processors, will include support for up to 128 P-cores per CPU, MRDIMM support capable of providing more than 37 percent additional memory bandwidth compared to standard DDR5 DIMMs, and up to 192 lanes of PCIe Gen 5 for two-socket servers. For more information on Koi Computers' systems supporting the Intel Xeon 6 processors, please visit: Koi Computers' HPC Accelerate Lab works with qualified federal government customers to benchmark their applications in order to find the best configuration that suits their workload while considering how the power usage will affect the overall cost of operations. Visit and sign up today. About Koi Computers Koi Computers, headquartered in greater Chicago, has a strong track record of developing, building and deploying HPC technology for the U.S. Federal Government with satisfactory ratings in CPARS and Past Performance. The company is a Prime Contract Holder of the GSA 2GIT, NASA SEWP V, GSA IT Schedule 70 and NITAAC CIO-CS contracts. To learn more, call: 888-LOVE-KOI (888-568-3564); email: sales@ or visit Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others. Media Room, visit: View original content to download multimedia: SOURCE Koi Computers, Inc. Sign in to access your portfolio
