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Marvell Technology raises revenue guidance, driven by strong AI and data center growth.

Analyst Insights
29 Sep 2026
Seeking Alpha
View Source
Bullish
Marvell Technology raises revenue guidance, driven by strong AI and data center growth.

Marvell Technology has raised its revenue guidance for fiscal years 2027 and 2028 to $12 billion and $18 billion respectively, reflecting strong growth in AI networking, electro-optics, and memory interconnect sectors. This optimistic outlook is supported by robust momentum in data centers and custom ASICs, with an expected medium-term upside of around 20%. While risks remain in execution and market share for custom XPUs, the current valuation is justified by accelerating growth. An upcoming investor day may further boost market expectations.

Marvell Technology's shares have gained momentum, rising 4.57% to USD 263.41 on Pluang. The stock's market cap stands at $226.38 billion, with a typical hold time of 41 days among investors. These figures are current as of Sep 30, 2026 02:12 WIB.

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